LOGISTICS
Santova’s just getting started
Santova has been an unsung star in the past year, and it’s only getting going, say its diehard followers
30 June 2022 - 05:00
Punters who missed the good ship Santova at low tide a year ago do not have to despair. There is still much left to float this boat: more market share gains, plans for a US acquisition and the launching of an Alibaba-type e-commerce platform.
Admittedly, it’s difficult not to conclude that the easy money has already been made by those brave investors who piled in last June, when the share sank to about 330c on worries about how higher freight rates would affect the business. Since then, the share price has doubled, even notching up a record high of 725c in mid-May...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.