Rail is a very good sector on which EGN can focus. In its niche (bulk point-to-point freaight), rail is hard to beat, because its tonne/kilometre marginal cost to move goods is so low, and so suited to automation. Bill Gates is the largest shareholder of Canadian National Railway Company (TSX: CNR)(NYSE: CNI), with a 13% holding. Warren Buffet's Berkshire Hathaway invested tens of billions of US dollars to wholly own Burlington Northern Santa Fe, LLC (BNSF) – the largest freight railroad network in North America.
Investors should learn the communicating style of a stock's management – many communicate a rosy picture, and deliver less, some do the opposite. I think EGN's management are at the latter end of the communication-style spectrum.
- Forums
- ASX - By Stock
- Ann: Market Update
Rail is a very good sector on which EGN can focus. In its niche...
Featured News
Add EGN (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $58.45M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 18.5¢ | $17.61K | 92.80K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2610 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 8001 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2610 | 0.185 |
1 | 5735 | 0.180 |
1 | 31250 | 0.160 |
1 | 200000 | 0.155 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 8001 | 1 |
0.230 | 20000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 15.33pm 02/10/2024 (20 minute delay) ? |
Featured News
EGN (ASX) Chart |