Thanks Jukes.
Nothing really specifically. It seems the Japanese is going QE crazy. So all this liquidity is is seeking a home.
Australia is one option.
The obvious targets are the banks and TLS. There is a cloud over the banks from capital provisioning and TLS looks stretched. Anyway the franking credits are no use to them. There is a lot of talk in Asia about infrastructure and the Canadian pension funds are grabbing anything they can get. Roads are uppermost in priority due the ever increasing functionality of thew car as a mode of transport.
TCL is one of the world's leading operators with a monopoly here in the east coast.
Just my thoughts....................likewise SYD
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Last
$13.09 |
Change
-0.105(0.80%) |
Mkt cap ! $40.67B | |||
| Open | High | Low | Value | Volume |
| $13.17 | $13.19 | $13.04 | $23.81M | 1.815M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 7774 | $13.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.09 | 6696 | 15 |
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| Last trade - 14.41pm 10/10/2024 (20 minute delay) ? |
| TCL (ASX) Chart |