That is not really a bad range, considering how long this stock has gone. Last year was good, this year mediocre, next year will be better.
So Kansas City Southern has a 30 year lease on the KCSM and the government is trying to take away their rights to exclusive use of the track - they want to run commuter trains on the track and let the the KCS run their trains at night.
The Genesee and Wyoming was leasing some track down in Chiapas and the track was destroyed by a Hurricane, 50 miles worth plus several bridges. Not only did the government refuse to fix the damage - it was in the contract; when the G & W tried to get out of the contract, the Federales attached all of the fixed property. You see, Mexico has no law of eminent domain.
Where did you get the stupid idea that UP should have any ownership in Ferromex?
The stock market will expand far more under the Democrats in charge than Republicans, not because the economy is doing better but because investors know that the government is running p more debt, setting up a devaluing the dollar. We are in a greater risk of an inflationary spiral than in any previous administration. Add to this an out of control EPA which adding to the cost of production and cost living.
Saw it before - WSJ article on demand for, need for tank cars and the stock jumps. Keep those articles coming.
Our President acting without notifying Congress and ignoring laws that he has signed is the problem. That and the EPA acting irresponsibly.
Don't forget that nearly all of the Class 1 railroads are working on modify their locomotives to run on natural gas and oil. Union Pacific is using the principal of a tank car full of LNG connected between two locomotives. Run the trains between Los Angeles and Chicago, refilling at each end. Norfolk Southern has 2 switchers hooked together with the engine removed from one loco and a big tank of compressed natural gas in its place.
Hey, smartmouth, I received my first share of stock in 1969. I spent 40+ years in business, designing manufacturing business and accounting computer systems. I know business because not only have I been involved with 3 startups - I am CFO of one small company and on the board of another.
UP may own 26% of Ferromex, but what are they getting in return for it? You don't know and you are too stupid to care. I don't care about how much manufacturing has improved, because most of it is along KCSM.
Kind of feel sorry for Ackman, he jumped out too early. 3.2 millon times $30, I could live well on what he missed.
One thing that I have hoped for is that TVA is privatized and SO gets to buy up all or part, especially their hydoelectric power plants, but their customer base would be good, too.
. There are not many ways that this company can expand, this would be one. However, a study just came out saying that if TVA is sold to a state or authority their rates would go up. I take this to mean that the feds will no longer subsidizing their power. Also, the references to the study that I have seen did not mention privatization.
The reference that I have is an article in the Chattanooga Times-Free Press.