Freightways chief pooh-poohs suggestion of headwinds
Is Freightways overvalued? With special feature audio.
Calida Smylie Thu, 28 Jul 2016
Freightways [NZX:FRE] appears overvalued given the structural headwinds and subdued organic growth, an Australian-based analyst says.
Morningstar analyst Adrian Atkins says while the medium-term future appears positive for the Auckland-based courier and logistics business, over the longer term,