I like this one. A small/mid cap logistics company also quoted on the NYSE. About 51% of earnings sourced offshore i.e. a Rand hedge.
(In my opinion the Rand will weaken going forward).
Only problem is the recent overexuberant valuation (P:E=25). The stock has come off the boil in the past 2 weeks from an all time high
of 650 and has been trading between 495-530 during the past couple of days.
Anyone else like this stock for LT ?
http://www.mixtelematics.com/
