TSE 5.50% $1.06 transfield services limited

Well this is good to see! Seems to be a positive 1/2 yearly...

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  1. 112 Posts.
    Well this is good to see! Seems to be a positive 1/2 yearly results improvement that the stock has been re-rated from Under-perform to Out-Perform....

    http://www.americanbankingnews.com/2014/02/26/transfield-services-upgraded-to-outperform-by-rbc-capital-tse/

    Hopefully now all we'll hear is good news and a significant improvement in the stock price to say a $3.00 - $3.50 range, based on a 5% dividend return in the coming years (fingers crossed) once they get their debt down to a more manageable level which they are in the process of doing.
 
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