Just the ticket for stable income
From an investor's perspective, public transportation companies can be sound investments because of their stable revenues and cash flows
GO ON, admit it. We love to complain about our public transport systems wherever we might be living. Even if they are the best of the breed, they are still never quite good enough.
They are either too slow, too crowded, too expensive or they are never on time. What's more, the bus stops, the taxi stands, or subway stations are never quite where you would like them.
Then we have the occasional breakdown in service that really gets commuters fuming. And the fares. Why do they only ever go up and never come down, regardless of the direction of energy prices? Do these companies think that we commuters are made of money?
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
US-China rivalry and the Kindleberger Trap: Why inaction – not escalation – is the biggest risk
PayPal plans job cuts as its new CEO pursues turnaround strategy