to join the discussion
honestly snv's been solid on the logistics side, especially with all the supply chain chaos in africa right now. they're actually making money on warehousing and customs which most people sleep on. at r8.24 i reckon there's legs here if they can keep margins tight through the rand volatility, ngl
snv sitting at r8.24 and the logistics play still has legs if you believe in african trade. halfyear numbers showed decent margin hold even when the rand was doing backflips, and that's the tell. warehousing and customs are boring but they dont go to zero in a recession either, big dogs dont cook they eat
SNV getting hammered but logistics play across Africa is massive, we're literally moving goods when everyone else is sitting on sidelines. Balance sheet is clean and freight volumes aren't going backwards, just need one decent contract win and watch what happens to the multiple.
Santova's been quietly grinding through the logistics space while everyone chases the sexy stuff. Rand weakness usually helps freight forwarders since most revenue is hard currency, and with the supply chain still sorting itself out post-covid there's decent tailwinds. Long-term view hasn't changed, these kind of plays take time but the balance sheet is solid enough to hold through the noise.
Ngl I reckon SNV's got legs if they can keep the African expansion ticking over, logistics is gonna be needed no matter what and they're positioned pretty well across the continent. Last close at R8.04 isn't crazy considering what the big freight guys are pulling in, just need to see consistent earnings growth hey.
SNV sitting at R8.04, logistics space is tough but if they land a proper contract with one of the big retailers or export guys then this moves. Balance sheet looks okay, ebitda's there, just needs revenue growth to actually show up in the numbers.
Added to my logistics exposure at R768 despite today's 1.79% dip, given Santova's improving operational leverage in African supply chains and their trajectory toward sustained BBBEE Level 1 status which unlocks broader procurement opportunities across the continent.
Santova down 0.91% to R759 today, eish, barely a blip really but makes me wonder if individual stock picking means sweating these tiny daily moves when an ETF would just smooth it out?
SNV up 1.04% today but the stock trades at 18x PE against a sector median of 14x, which demands proof of sustained margin expansion rather than multiple re-rating. Without visibility on organic volume growth or ROIC improvement, the valuation beta seems misaligned to fundamentals
SNV's logistics exposure to container volumes and cross-border trade is getting hammered on macro anxiety, but the 1.69% pullback today feels like algorithm noise rather than fundamental deterioration. The group's diversified African footprint and increasing local value-add servi
SNV up 1.35% to R755 today. Logistics stocks usually pop on positive volume/contract news — need to see if this is genuine momentum or just a relief bounce.
SNV cracking R753 on a quiet 1% move, but volume tells me nobody's rushing to chase it higher just yet.
SNV at R753 gaining 1.07% while Grindrod (GND) struggles with logistics headwinds. Santova's diversified model holding up better than pure shipping plays.
SNV creeping up 1.07% to R753 — is this finally picking up momentum or just noise before earnings? Their logistics play in Africa seems undervalued relative to peers.