Coveted CMH still a reliable growth engine
Lean and mean, conservatively managed, stout balance sheet — there’s much to like about CMH for a prospective strategic shareholder
24 October 2024 - 05:00
Is it time to drive a deal at Combined Motor Holdings (CMH), the vehicle dealership and car rental specialist?
There’d be no shortage of interest, from various quarters, in the business. CMH has a sterling track record of profits and dividends since listing on the JSE way back in the heady days of 1987, when droves of small caps came to market. Unlike some of its 1987 classmates, CMH retained a singular focus on mobility (and associated financial services) — its only dalliance being a short-lived tack towards the boating and watersport market...
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