By BusinessLIVE, Published November 21, 2021
The small-cap logistics company has amply rewarded its faithful over the years, even if the wider market just doesn’t get it.
How 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…