Investors are cautiously optimistic about Bidvest LTD's logistics division resilience and attractive dividend yield at R241, though some question whether the valuation is justified without clearer margin expansion and Q results confirmation on the logistics segment.
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BVT holding above 248 is respectable given the macro headwinds, but the real question is whether management can unlock margin expansion in the services division without sacrificing volume. Revenue growth means nothing if you're competing on price alone.
Picked up more BVT at 248 after the recent pullback. The logistics and services exposure still makes sense for inflation hedging, and that dividend yield is keeping me honest on the holding period.
Picked up some BVT at 244 after that recent dip, reckon the logistics and services exposure still offers decent value even if the macro environment's been patchy.
Grabbed some BVT on weakness around 240 given the diversified exposure across logistics and services, though the dividend yield sitting below 3% means I'm not banking on income to carry this one.
BVT sitting at R241.14 with that logistics and distribution backbone across Africa. Anyone else concerned the stock's been treading water while the rand weakens, or reckon there's upside if they can leverage FX tailwinds on the export side.
Grabbed more BVT at 241 on the back of their logistics division holding up better than peers, and the dividend yield at current levels is starting to look respectable for a defensive industrial play.
BVT sitting at R241 after that distribution services update. Revenue growth is there but the multiple feels stretched if margins don't expand, so I'm holding off until we see Q results clarity on the logistics side.
BVT at R241.14 is trading at a decent discount to Dis-Chem and Medichem on a forward basis, though Bidvest's diversification across logistics and food services means the comparison isn't exact. The dividend yield sits around 3.2% which is respectable in the industrial space but d
BVT looking decent value at 241.14 given the diversification across logistics and distribution. Earnings have been steady even through the tough patches, and the supply chain side should benefit when things normalize locally. Risk reward is very compelling if you've got a 2-3 year view, not a day trader thing though.
BVT closed at R241.14 which is still well off the highs from earlier in the year. Worth noting their logistics and distribution arms have held up better than you'd expect given the load-shedding drag, and the cash generation from services is pretty steady. My reading of this is the market's still pricing in a proper downturn but the diversification across segments actually gives them some buffer. Could be wrong but I reckon there's value in the mid-240s for patient holders.
bidvest's diversified model is holding up better than pure-play logistics peers when you look at the distribution and services arms absorbing some of the load-shedding pain. at 241.14 the yield's decent enough and management has shown discipline on capital allocation over the cycle. positioned perfectly for when infrastructure spending actually kicks in.
BVT creeping up 0.59% today, nothing dramatic but the stock's been range-bound for weeks so any upside momentum is worth noting given the logistics exposure.
BVT at R236.80 trades at a meaningful discount to its historical P/E versus peers like Dis-Chem or even Grindrod, though the dividend yield doesn't quite compensate for the operational drag in logistics. The services-and-distribution play looks cheaper on paper, but you're paying
Picked up more BVT at 236 this morning, reckoning the logistics tailwinds and 4.2% yield make it decent value even if the rand stays wobbly.
BVT at R236.45 is trading at a reasonable valuation for a diversified industrial with decent earnings resilience, but the real question is whether management can arrest the margin compression that's been nagging the group for the past few years. If they can unlock operational lev
BVT's been grinding sideways for a while now, but the underlying logistics and distribution network should benefit from any economic recovery in SA. At current valuations it's not screaming upside, yet the dividend yield and market position in essentials distribution give it some
BVT up 1% today but the market's giving it a free pass on slowing logistics volumes and margin compression in the food division. At these levels you're paying for perfection when the earnings trajectory suggests otherwise.
BVT's been grinding higher over the long haul and the logistics/distribution moat still looks intact despite macro headwinds, though you need to watch whether their margin expansion can hold if rand weakness doesn't persist. At current valuations it's not screaming upside but the
@nico_the_analyst structural squeeze is the real problem ja
Current R 248,81 — 50% of range
Fundamentals sourced from JSE disclosures. Updated quarterly.