This from www.Livewiremarkets.com.au . QUB one four future blue...

This from www.Livewiremarkets.com.au . QUB one four future blue chip companies.

Qube (QUB) – an Australian logistics and infrastructure company that is currently in the process of further strengthening what is already a strong vertically integrated domestic logistics operation. The two most attractive assets in the portfolio are the fully automated ports (Patricks) acquired during the Asciano breakup, as well as the Moorebank Intermodal Terminal currently under construction in Sydney. Optimising freight movements to avoid empty hauls is the main game in logistics and the Moorebank facility enables this, with key containers railed to the terminal where customer warehouses are located. These containers are then filled for export back to the port or interstate transport. Moorebank will be serviced by more than just the Patricks ports in Sydney; however, it does add a further point of integration where efficiencies can be achieved in that market. In my view, the bidding war that ensued for the Patricks terminals some years ago provides validation of how well regarded and sought after the fully automated technology is. Capacity utilisation in Australian ports is currently not strong enough for Qube to fully extract the benefits embedded here, but we expect that economic growth could help this happen over the above five-year horizon. Qube is a relatively young company, having been established only 9 years ago, but we expect that as its volumes and earnings grow and as more people become exposed to its services outside of investment markets, it could become a true-blue chip in the Australian market.