Sealink Travel (SLK)

David Boyle

Senior Equity Analyst

7 am October 14, 2020


Prior close: $5.94

From Boats to Buses

SeaLink (ASX:SLK) traces its history back to a single ferry service between Cape Jervis (two hours south of Adelaide) and Kangaroo Island. Over time, the company steadily acquired a range of other ferry services across Australia, with exposure to both tourist and commuter markets.

In October last year the company announced what now looks like a very well-timed acquisition of the privately owned Transit Systems Group (TSG), an operator of bus services predominantly in Australia, but also with contracts in London and Singapore.

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