Pick of the Month: Frontier Transport Holdings
The business may not be glamorous or high growth, but sometimes consistency and a fat dividend can be just as attractive to portfolios
30 June 2022 - 08:00
Frontier Transport Holdings is the transport subsidiary of Hosken Consolidated Investments (HCI). HCI controls 75% of Frontier, so the liquidity and tradability of the stock are problematic.
Many IM readers will be unfamiliar with Frontier. However, if you live in Cape Town, it has a local angle — Frontier owns and operates the Golden Arrow bus service and operates the MyCiTi bus network for the City of Cape Town. Its wheeled assets are ubiquitous in the metro...
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