SLK 0.59% $10.27 sealink travel group limited

Will we see $4.80 again?, page-3

  1. 484 Posts.
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    Hi Firecall,
    If I read it correctly the new Rottnest Island and Manly to Barangaroo routes are being covered by ferries(Capricorn Sunrise and Sunset plus one other) that are being redeployed from Gladstone where I think they were making little or no contribution to profits. As such I can only see further upside to SLK. Add in the new ICC/Manly/Barangaroo route and 2018 earnings have great potential for significant increment. Their monopoply around Sydney Harbour water transport is what attracted me to the investment initially and these recent additions are only enhancing that situation.
 
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