Companies immune from rate rises: Sonic Healthcare, Cochlear, Transurban
Fund Manager Chris Pedersen discusses the RBA's rate hike, inflation, banks, dividend growth stocks, Sonic Healthcare, Transurban Group and Cochlear.
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As one of the world’s largest toll-road operators, everything we do works to get people where they want to go, as quickly and safely as possible – from designing and building new roads to researching new vehicle and road safety technology.
We’re an Australian-owned company and we build and operate toll roads in Melbourne, Sydney and Brisbane, as well as in Greater Washington, United States and Montreal, Canada.
We design our roads for the long term, ensuring they’ll deliver real and lasting benefits to cities and their communities. While you’re thinking about getting home on time today, we’re also thinking about how you’ll get home 10 or 20 years from now.
We’re also a technology company – we research and develop innovative tolling and transport technology that makes travel easier for everyone.
As an industry leader, we set high standards for our performance on social and environmental issues, and we invest in both to create social inclusion and manage our environmental impacts. We’re also a member of our local communities. We build parks and bike paths, create new community facilities, and plant trees for wildlife habitats – helping people connect with each other and their neighbourhoods.
Fund Manager Chris Pedersen discusses the RBA's rate hike, inflation, banks, dividend growth stocks, Sonic Healthcare, Transurban Group and Cochlear.
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Transurban (ASX:TCL) reported a 1.1% rise in average daily traffic (ADT) for the September 2024 quarter, reaching 2.5 million daily trips across its assets.
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Toll road operator, Transurban (ASX:TCL), is looking to boost its 2024-25 distribution to 65 cents per security from 62 cents for the year just ended.
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In the midst of ongoing confusion surrounding Sydney's troubled Rozelle traffic interchange, Transurban (ASX:TCL), the toll road giant, remains resolute in its financial projections.
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In a groundbreaking move, the competition regulator, the ACCC, will oppose the proposed acquisition of a majority interest in the small Melbourne toll road group Horizon Roads by sector giant Transurban Group (ASX:TCL).
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News from the Monday trading session at the Australian Stock Exchange from Transurban, Adore Beauty and Best & Less.
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Transurban CEO Andrew Charlton will depart this year as the toll road giant reported record results for the half, with increased traffic and high inflation bumping up toll prices.
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Portfolio Manager David Grace provides a closer look at some of the companies recently added to the AFIC portfolio along with additions made to existing holdings.
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Target price eases -3c to $14.79 from $14.82. Add rating retained to reflect a potential total shareholder return of 10% including a 2.5% cash yield, with quarterly CPI increases a potential catalyst.
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A consortium led by toll road giant Transurban is buying full control of Sydney’s WestConnex road system for more than $11 billion after winning the NSW government’s auction of its 49% of the business.
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Toll road giant Transurban returned to profit in the year to June but the continuing lockdowns around the country have clouded the company’s start to the 2021-22 financial year.
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