If you think about the landlord business, you think of collecting rentals on a consistent basis, right ?
That is part of what this company do. Building toll bridges and highways in China and collecting toll fees (or rentals). Yes, the Covid-19 will probably hurt its short term revenues as the government halt the collection of toll fees in China. Read article here
Now that China is fully reopened for business, the toll operator like Yuexiu Transport is able to collect toll fees again.
With China becoming more urbanised, it is expected that more budget will be spend on infrastructure, of which bridges and highways are part and parcel of it. As China is leveraging on its logistic and distribution know-how, faster delivery , shorter waiting time is of essence to customers who are buying more and higher value items online. The E commerce giants like Alibaba, Pinduoduo, VIpshop depends on these tollways.
I am buying this stock for long term and optimistic about Yuexiu Transport future.
That is part of what this company do. Building toll bridges and highways in China and collecting toll fees (or rentals). Yes, the Covid-19 will probably hurt its short term revenues as the government halt the collection of toll fees in China. Read article here
Now that China is fully reopened for business, the toll operator like Yuexiu Transport is able to collect toll fees again.
With China becoming more urbanised, it is expected that more budget will be spend on infrastructure, of which bridges and highways are part and parcel of it. As China is leveraging on its logistic and distribution know-how, faster delivery , shorter waiting time is of essence to customers who are buying more and higher value items online. The E commerce giants like Alibaba, Pinduoduo, VIpshop depends on these tollways.
I am buying this stock for long term and optimistic about Yuexiu Transport future.
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i added more today
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Added more
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at current price, there seems to be some support. hope it will rebound soon.
