If you are into Logistics I would suggest take a look on Qube only..
Smaller companies like Wiseway or CTi will struggle to grow given how much the capital infrastructure is costing nowadays.
Wiseway is a good growing company and CTi has a proven history in Australia but they seemed to be pretty underperformed in their share price. Both are now profitable and have their own storage facilities across the major cities.
However Wiseway is a Chinese backed company which during the past few years has seen pretty solid growth due to free trade agreements and close trading relationships. But the future now is looking pretty uncertain given how the political tensions between AUS and China is like, the government might impose more trade restrictions to Australian goods given them more difficult to do business here in Australia.
I am a long term holder of Qube. Not against Wiseway or other logistics companies and just to share my thoughts.
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Open | High | Low | Value | Volume |
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