Santova: unloved by the many, great to the few

The small-cap logistics company has amply rewarded its faithful over the years, even if the wider market just doesn’t get itHow can a strong-performing company over many years, with dependable and defendable niches locally and offshore, still attract the market’s scowl?

Exhibit A: technology-driven logistics services company Santova. This month, its margins swelled from 32.4% to almost 46%, while headline earnings per share gained 62% to 78c a share. Critically, cash generated from operations was up 45% to R119m...If you have already registered or subscribed, please sign in to continue.

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