OMAB operations continue the ascent as traffic in March rose 22.9% year over year. Total traffic in the first three months of 2015 compared to 2014 rose 17.5% across domestic and international travel. This compares to February passenger growth of 17.0% with total traffic growth in the first two months of 14.5%. January traffic growth, 2015 from 2014, was 12.2%.
OMAB is on fire right now, and the name is on nobody’s watchlist. The stock is in a long uptrend and still cheap. It’s paying out over 7% annually, which in this interest rate environment is some sort of crime.
I cannot wait for the next quarterly earnings report. It is going to be gangbusters.
9th Floor, out.
If you enjoy the content at iBankCoin, please follow us on Twitter
Great find, Mr. Thaler. I hold a position from late February.
Love the work you do here.
Thank you, Mav.