We are going through volatile times......................but TCL keeps on keeping on. Profit from it.
"For the June quarter, on a statutory basis, toll revenue increased by 70.8% to $400 million when compared to the prior corresponding period (pcp). Proportional toll revenue, which Transurban believes is the most accurate reflection of the portfolio’s performance, increased by 43.4% from the pcp, to $411 million. The pcp did not include Transurban Queensland, which was acquired on 2 July 2014. Transurban has a 62.5% interest in Transurban Queensland. Cross City Tunnel (CCT) was acquired on 26 June 2014, therefore the pcp includes traffic and revenue data for the four days of Transurban ownership between 26 June and 30 June 2014. Excluding the contribution from these acquisitions, on a statutory basis, toll revenue for the quarter increased by 22.4% to $286 million when compared to the pcp. Proportional toll revenue for the quarter increased by 17.0% to $335 million"
TCL Price at posting:
$9.67 Sentiment: Hold Disclosure: Held
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