Tol logistics is a bit slow because it is traded on high volumes by the brokers even though it moves a few cents. Since the gfc they were hammered with the high oil price and are finding margins hard again with oil heading to 90 dollars a barrel. Pre gfc most stocks were over priced which is why 20 dollars was the going price. It is however the life blood of coles and Woolworth and even in toughest of times will keep rolling. They recently had a insto cap raise or something like that from us investors. I think this money tol will be after a us aquision or merger. It desires to be a global logistics player like a fed. Has a long way to go, and with introduction of carbon taxs had challenges, but it has big clients. Beyond this there is symmetry with brambles and future merger with a global player will make this stock go kapow. It's all timing. But recent lows of 5.35, and a monthly low of 5.96 makes the present price worthy of consideration especially with a possible Xmas rally ahead.
Tol logistics is a bit slow because it is traded on high volumes...
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