Logistec (ISIN CA5414114010) – A cheap marine terminal operator with a great track record – what is not to like ?
The larger one is called “Maritime services” and mainly comprises a large number of North American maritime terminals, that operate anything from containers to bulk and even “break bulk” cargo.
Below is an overview of Logistec’s share structure which consists of ~7,4 mn Class A shares and 5,7 mn B shares.
To be clear: I would not invest into Logstec just as a “mean reversion” play, but it shows that in historic terms, the current valuation looks cheap.