Expansions, acquisitions, ferry's, busses, trains, ports, terminals, roads, infrastructures upgrades and maintenance of these thousands of units globally all comes at a price. Planning for this is good to see in a mobile movement heavy vehicle industry. I'd rather they had access to the capital than didn't. Revenues and profits all heading seriously in the right direction - IMO. This is a long-term hold that I am happy to hold over 10 years - whilst simultaneously being aware of the risks. The Kangaroo Island ferry alone is a 25 year contract. I'm chilled and used the recent 25% dip as a great opportunity to top up. We get so focused on short-termism the long term plays get lost in the hubris, which, if you're not a day-trader, and have time on your side, is where the opportunities lie IMHO.
KLS Price at posting:
$3.97 Sentiment: Buy Disclosure: Held
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