Valuation, page-167

  1. 4,084 Posts.
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    @hankreardon
    Not sure if it is of any interest for you, but I noticed Wiseway because I was looking at another freight company (Lindsay).
    One of the major shareholder of Lindsay is Soul Pattinson (own more than 20 %).
    I did not find many interesting elements to the investment case on Lindsay.
    Main element : they are moving from road transport only to road + railway transport, as railway is lower cost for their customers and they have quite structural problem with road transport (average age of truck drivers of 59 and congestion in cities).
 
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