For those that don't know, KSC is a major trucking/Transport company, probably number
3 or 4 by size/market share in the Australian road/rail freight industry.
- First listed 1971
- Operating revenue over 450 mill P/A
- Operating from 34 locations in Aust and NZ
- 1500 staff
- 11+ year history of fully franked interim and final dividends
- Top 20 shareholders have 80% - largest holder Scott 58%
- Low debt
With the economy at or near/past bottom i figure its got to be a good time to look at
these types of closely held, and fundamentally sound businesses, KSC is trading at near
8 years lows... and considering there profit has only been marginaly affected so far, the
current SP seems to be value buying.
Brought some today at $2.12