Hosken Passenger Logistics and Rail Limited (JSE:HPR)

Francois Meyer
Market Cap (AUD): 1.16B
Sector: Consumer Services
Last Trade (AUD): 3.82 +0 (+0%)
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1. About

Hosken Passenger Logistics and Rail Limited (JSE:HPR) is an investment entity tailored to consolidate and expand opportunities in the mobility and logistics sectors. HPLR's portfolio is rooted in the commuter bus and luxury coach segments and includes:

Golden Arrow Bus Services 

Established in 1861, Golden Arrow Bus Services is the largest investment of HPLR with a fleet of more than 1 100 buses, serving more than 3 100 routes in metropolitan Cape Town, covering a total area of approximately 2460 km². The fleet travels 60 million kilometres, conveying 56 million passengers annually, at a rate of approximately 220 000 per week day. www.gabs.co.za

ElJoSA Travel and Tours 

ElJoSa was established in 2004 and operates 46 luxury and semi-luxury coaches in the schools and luxury tours markets with depots in Cape Town and Gauteng. www.eljosa.co.za

Sibanye Bus Services

Sibanye was established in 2001 and operates 61 buses providing services from Atlantis to the Cape Metropole.

Table Bay Area Rapid Transit 

TBRT is contracted as a vehicle operating company for the City of Cape Town’s MyCiTi brand. It operates the trunk service along the Atlantic corridor from Table View to the CBD, as well as services from the CBD to Sea Point and Camps Bay and operates a fleet of 78 vehicles.

N2 Express

The N2 Express MyCiTi contract expired at the end of May 2019. N2 Express was a joint venture between Golden Arrow and two minibus-taxi associations. The company operated 45 buses and provided MyCiTi services from Khayelitsha and Mitchells Plain to the City.

Shuttle Up 

In March 2020 the Group acquired 90% of a shuttle service trading as Shuttle Up. This business consists of a fleet of five vehicles operating in the shuttle service industry. The Group intends to utilise this business to increase its footprint in this sector. 

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk