In previous posts we have highlighted the attractive valuations of the JSE-listed transport and logistics groups. One of the companies we have previously touched on is OneLogix.
The company presently trades on a forward price to earnings multiple of 5 times earnings and offers a 3.6% dividend yield.
The share is down 16% year-to-date.
In this interview, Cannon Asset Managers CIO Samantha Steyn lays out the investment case for OneLogix:
Sale of Member's Interest and Claims on Loan Account Agreement with a Restraint of Trade (underlying asset is a business)
R800.00
Sale of Shares and Claims with a Restraint of Trade (undelying asset is a business)
R800.00
CPA-compliant Residential Lease (Natural Persons)
R900.00
CPA Compliant Residential Property Lease Pack Where the Landlord is a Juristic Person and Leesee is a natural person
R900.00
Generic Provision of Services Agreement- Receiver
R600.00
