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MarketScreener Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Superloop Ltd    SLC   AU000000SLC8

SUPERLOOP LTD

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End-of-day quote. End-of-day quote AUSTRALIAN SECURITIES EXCHANGE LIMITED - 04/18
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2018SUPERLOOP : Morgans rates SLC as Add
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2018SUPERLOOP LTD : annual earnings release
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Superloop : SANDAG Completes Upgrade of SuperLoop Rapid Transit Bus Route

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10/26/2018 | 09:17am EDT

Officials from the San Diego Association of Governments, the Metropolitan Transit System and UC San Diego on Wednesday marked the completion of upgrades to MTS SuperLoop Rapid Transit bus route.

SANDAG completed the final phase of the routes upgrades with five SuperLoop Rapid stations near UCSD and La Jolla Village. In total, SANDAG improved 24 stations and four stops on the SuperLoop route and made multiple improvements to roadways along the route.

The $1.8 million final phase of upgrades began in summer 2017. In total, the upgrades cost roughly $36 million, funded by a half-cent sales tax on transportation in San Diego County that funds transportation updates and projects. SANDAG administers the tax.

Every day nearly 8,700 riders take the SuperLoop as a convenient and efficient way to get to work and school. This transportation option is vital to the people in University City and UCSD, said SANDAG Chair Terry Sinnott, a member of the Del Mar City Council. This Rapid route is a major part of SANDAGs overall goal of relieving traffic congestion and reducing greenhouse gas emissions.

The SuperLoop route serves an estimated 2.1 million riders each year. The nine-mile bus route in through University City began running in 2009 and became a Rapid line in 2015. Buses in MTS Rapid program run at a higher frequency with fewer stops to improve travel times. MTS plans to complete its newest Rapid line in San Diegos South Bay in early 2019.

The way the UC San Diego community uses SuperLoop Rapid demonstrates that when given a real choice, people will choose transit, said San Diego City Councilwoman and MTS Board Chair Georgette Gomez. The campus and surrounding communities are an example of an integrated transportation network that moves residents more efficiently, sustainably and affordably.

(c) 2018 Qatar Tribune. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (AUD)
Sales 2019 123 M
EBIT 2019 -11,7 M
Net income 2019 -13,8 M
Debt 2019 71,9 M
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020
EV / Sales 2019 3,60x
EV / Sales 2020 3,27x
Capitalization 372 M
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Number of Analysts 5
Average target price 1,76  AUD
Spread / Average Target 20%
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Managers
NameTitle
Alexander Andrew Kelton Chief Executive Officer & Managing Director
Michael M. Malone Independent Non-Executive Chairman
Jon Tidd Group Chief Financial Officer
Bevan Andrew Slattery Executive Director
Gregory Alexander John Baynton Independent Non-Executive Director
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