We're posting notes from the Sohn London investment conference 2016. Next up is Bo Bortemark of Carve Capital who pitched long Ferrovial (BME:FER).
Bo Bortemark's Sohn London Conference Presentation
Long Ferrovial (BME: FER)
Ferrovial is based in Spain and owns high quality transportation assets. The company does a lot of things but the best businesses are toll roads in Canada and managed lanes in the US. The UK and Australian businesses are struggling. Growth in the toll road business is accelerating. The stock is down 33% from its 2015 high. It is trading at a 50% discount to NAV. Bo Bortemark is also the cofounder of www.investingbythebooks.com
Be sure to check out the rest of the Sohn London conference presentations here.
Monday, December 12, 2016
Bo Bortemark Long Ferrovial: Sohn London Conference
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