Fair enough JCoure. The lift in price in the last week or so is tempting. I bought in the mid ten and am looking at a good $2 gain.
TCL has great contracts in Vic, great business in NSW and QLD. The downsides in NSW may be temporary as traffic vols are building. I hear you, but still think it's a hard investment to beat.
The problem is what to replace it with.
Have another SGP - unfranked divi. Bought 3.45 and nearly 40c up. The shorter come out around the 90, but have to wait and see. Will realise some as needing a new car.
Am preferring unfranked at moment, because of the ALP stated aim to rob us. The franking is a factor in the share price anyway.
TCL Price at posting:
$12.76 Sentiment: Buy Disclosure: Held
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