Author Topic: MiX Telematics (MIX)  (Read 2016 times)


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MiX Telematics (MIX)
« on: October 10, 2013, 04:03:38 pm »
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 ?


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Re: MiX Telematics (MIX)
« Reply #1 on: October 10, 2013, 04:40:19 pm »
Looks good, but I do not like the industry, or rather do not know much about it. Think it is high reward / risk currently. ( he says who owned SGL a couple of weeks ago  :LHST:)


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