Market Wrap - Stock Pick - Motus Holdings
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Imtiaz Suliman from Sentio Capital chose Motus Holdings Ltd as his stock pick of the day.
“ Motus is a company that spun out of Imperial. it is trading at a 5% dividend yield and they play in the South African vehicle market. Importantly their fortunes are not entirely tied to a uptick in new vehicle sales. They have quite a high base of annuity income which comes from servicing revenue, financial services and that is more annuity and recurring in nature.”
“ Motus is a company that spun out of Imperial. it is trading at a 5% dividend yield and they play in the South African vehicle market. Importantly their fortunes are not entirely tied to a uptick in new vehicle sales. They have quite a high base of annuity income which comes from servicing revenue, financial services and that is more annuity and recurring in nature.”