Transurban Group (TCL) – BUY
Transurban (TCL) again delivered a solid result with toll revenue and operating earnings (EBITDA) up +8.7% and +10.2%, respectively, on previous corresponding period (pcp).
Afterpay Touch Group
Afterpay Touch Group (APT) has provided a very strong sales update for the fourth quarter FY18 (4Q18) and full year (FY18), which saw its share price re-rate more than +37% in a few days.
Telstra Corp
TLS annual strategy day had a number of new details which warrant some attention. The overarching view is that the short to medium term outlook for the Company (and in fact for the industry) is challenging.