re: tcl momentum - half year good Zen,
where have you been ?
TCL works on a negative gearing principle. the depreciation on the roads is a tax write off but the cash income is given to investors, tax deferred = very tax effective. They ran out of toll roads in Oz, so have bought up US toll roads, hence the extra debt. The idea is never to show a +ve EPS, but their debt is managable and good compared to MIG. There are no management fees either. l bought in under $4 and also have TCSPA notes paying 7% + convertibility. Peak was over $8.50 and with 24.5c dist this is a great earner, attractive to those who dont use franking credits or want to defer tax. l have been buying under $7, but they have just jumped today.
PS No div date for EXL yet
re: tcl momentum - half year good Zen,where have you been ?TCL...
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Last
$13.69 |
Change
0.120(0.88%) |
Mkt cap ! $42.55B | |||
| Open | High | Low | Value | Volume |
| $13.60 | $13.75 | $13.40 | $69.76M | 5.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 104162 | $13.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.70 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| TCL (ASX) Chart |