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Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support services; Warehousing, including dedicated storage, shared warehouses, packing and value-added services, such as labeling and products assembly; Logistics systems, including software for logistics management; Passenger transportation, including transportation of personnel and students; Special services, including rental of bus and vans; Moving, including national and international moving services, and Advertising, including custom transportation services during marketing campaigns. The Company operates through a number of group companies.


PINL:GRPOF - Post by User

Traxion Sab De Cv Ord Shs
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Post by harveytherabbiton Mar 27, 2019 10:26am
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Post# 29541965

Raise Money at some point

Raise Money at some point
I think they'll need to raise money at some point this year. 50-100 million? That should drop the SP. They don't have anything going for them for the next 5-6 months at least. May as well wait and see what happens. I don't see any reason to buy until something significant happens. Tempting to buy if the SP goes back to 2015 levels though. That would make the risk vs reward a little more favourable.
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