By Nathan Lead
14 October 2019, 1:10 PM
We have moderated forecast EBITDA by 1-2% to reflect the softer traffic growth on key Australian roads in the September quarter. Additionally we have revised the corporate tax modelling, lifting our 12 month price target. We retain a HOLD rating.
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By Nathan Lead
09 August 2019, 5:49 PM
TCL could be considered to be within the bounds of fair value
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By Nathan Lead
22 July 2019, 4:54 PM
Benefits from lower interest rates on new and unhedged debt
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By Taarika Raju
11 July 2019, 11:34 AM
We see REH’s value proposition outweighing near term headwinds.
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By Nathan Lead
28 June 2019, 9:54 AM
We grow cautiously more bullish on the upside from the Queensland landfill levy
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By Nathan Lead
25 October 2018, 8:30 AM
The recent share price decline provides a buying opportunity. We upgrade from Hold to Add.
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By Alex Lu
22 October 2018, 2:16 PM
Work pipeline remains very healthy
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By Alex Lu
28 August 2018, 3:00 PM
Result was broadly in line with expectations. Maintain Add rating.
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By James Lawrence
14 August 2018, 1:25 PM
PPE has entered into agreements to acquire two nursing businesses in Sydney which will significantly increase the company's scale in this attractive sector. We have increased our target price.
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By Nathan Lead
11 April 2018, 1:38 PM
High conviction
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