Transurban Group (ASX:TCL)
Transurban Group (ASX:TCL) owns and operates 15 toll roads in Melbourne, Sydney, and the greater Washington area. Revenue growth is derived from traffic growth and their very own rivers of gold – inflation protected toll prices. CityLink in Melbourne is Transurban’s biggest asset, in 2018 this accounted for approximately 32% of their total toll revenue – working out to be about twice the size of the roads in Brisbane.
Transurban Group (ASX:TCL) share price
Transurban Group (ASX:TCL) share price news
Is it even worth investing in ASX blue chips these days?
ASX blue chips have attracted investors for decades. But are they even worth investing in these days?
S&P/ASX 200 today – my thoughts on the CBA, SEK & TCL reports
The S&P/ASX 200 (INDXASX:XJO) is expected to open higher this morning. Commonwealth Bank (ASX:CBA), SEEK (ASX:SEK) and Transurban Group (ASX:TCL) are in the news.
Transurban (ASX:TCL) reports $153 million FY20 loss
Transurban Group (ASX: TCL) has just released its full-year FY20 results, with toll road traffic and revenues declining (as expected) due to COVID-19.
3 blue-chip ASX shares reporting this week: CBA, Transurban & Telstra
ASX reporting season will start to heat up this week as a number of big-name companies release FY20 results. CBA, Transurban and Telstra will be the ASX shares to watch.
ASX 200 to open higher, ASX shares to watch Tuesday
Australia’s S&P/ASX 200 (INDEXASX: XJO) is tipped to open higher today. Here is the news and the ASX shares to watch Tuesday morning.
Transurban (ASX:TCL) shares drop after update, announces distribution
Transurban (ASX:TCL) shares are down 2.5% after giving the market an update.
S&P/ASX 200 to start lower – 3 ASX shares to watch: KGN, HVN & TCL
The S&P/ASX 200 (INDEXASX: XJO) is expected to fall on Thursday. Kogan (ASX:KGN), Harvey Norman (ASX:HVN) and Transurban (ASX:TCL) shares are some to watch.
S&P/ASX 200 lunchtime update: WBC & TCL in the spotlight
The S&P/ASX 200 (ASX: XJO) was traded 1.3% higher on Monday afternoon. Making today’s ASX sharemarket news was Westpac Banking Corp (ASX:WBC) and Transurban Group (ASX:TCL).
March traffic update: Transurban (TCL) share price down
The Transurban (ASX:TCL) share price is down 4% in early trading after the toll road business announced its March 2020 traffic update.