Grupo Aeroportuario Del Pacifico Offers Investors A Middle Path
Like its peers, GAP has seen its traffic hit hard by the COVID-19 pandemic, though recent trends in Guadalajara and Tijuana have been better than average.GAP is positioned more as a "middle ground" between the more tourist-driven ASUR and more business/domestic-driven OMAB, and this could help reduce some of the recovery volatility risk.There is significant uncertainty regarding GAP's Master Development Plan, as management will seek a renegotiation to compensate for business lost during COVID-19.Growing non-aero revenue would be a big plus for GAP, but the shares still offer relatively attractive return potential on mid-single-digit long-term revenue growth.
Seekingalpha · 4d ago
Grupo Aeroportuario Del Sureste Will Recover, But It May Be A Bumpy Ride
Like other airport operators, ASUR has seen a sharp decline in revenue as passenger traffic has cratered in the wake of COVID-19.With its much greater leverage to tourist destinations and much higher-than-average non-aero revenue leverage, ASUR could see a slower, choppier recovery as domestic business travel may recover first.ASUR's Master Development Plan will be renegotiated, but a new plan likely won't be in place until sometime in 1H'21, and there are uncertainties as to the capex spending requirements.ASUR does look priced for a respectable return today, but I think one of its peers is even more appealing, particularly with less potential volatility in the business model.
Seekingalpha · 4d ago
Ian Bezek: Mexico Could Be The Beneficiary Of U.S. China Tensions
Video interview with Ian Bezek of Ian's Insider Corner.Ian talks about his time at Kerrisdale Capital and how he started Ian's Insider Corner.Then we get into very interesting investment ideas in Mexico, a unique REIT, airports, Brown-Forman and Square.
Seekingalpha · 09/03 21:34
del Centro Norte Can Recover Further, But The Near-Term Looks More Turbulent
OMAB managed to lose less money than expected in the second quarter, despite a 90% drop in traffic. Traffic has remained weak, with OMAB modestly underperforming its Mexican peers, and both Mexico's weak economy and restructurings at AeroMexico and Interjet will impact the business in the near-term. I still believe that OMAB can generate high single-digit FCF growth over the long term, and the shares still appear priced for a double-digit annualized return to shareholders.
Seekingalpha · 09/03 19:19
Colombia Bails Out Avianca Airlines, Revives Airport Operator Sureste's Bull Case
Sureste has underperformed its other Latin American airport peers in recent weeks.That's in large part because Sureste operates six Colombian airports, and those were shut all summer long thanks to Covid-19.On Tuesday, Colombia's airports reopened. In addition, the country's bankrupt flag carrier recently received an injection of funds.This greatly improves Sureste's standing compared to its other airport peers.
Seekingalpha · 09/03 13:18
Grupo Aeroportuario reports 72.7% decrease in July traffic
Grupo Aeroportuario (NASDAQ:OMAB) reports terminal traffic dropped 72.7% in July. Domestic traffic fell 71.3% and international traffic down 84%. Total pas
seekingalpha · 08/07 15:54
Grupo Aeroportuario Del Sureste: Revisited On Traffic Data Update, Q2 Results
Seeking Alpha · 07/29 14:33
Grupo Aeroportuario del Centro Norte Offers A Better Risk Reward Thesis Than Other Mexican Airports
Seeking Alpha · 07/27 14:33
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) CEO Ricardo Dueñas on Q2 2020 Results - Earnings Call Transcript
Seeking Alpha - Transcript · 07/23 19:24
Miller/Howard Investments Q2 2020 Quarterly Report
Seeking Alpha - Article · 07/23 17:20
Exile Of The Mainstream's Monthly Interview Series With Ian Bezek: June 2020
Seeking Alpha - Article · 06/26 11:54
OMA announces postponement of Annual General Ordinary and Extraordinary Shareholders Meeting
GlobeNewswire · 06/18 13:30
OMA reports a 93.5% decrease in May 2020 passenger traffic
GlobeNewswire · 06/05 21:10
OMA Reports 93.5% Decrease In May 2020 passenger traffic
MEXICO CITY, June 05, 2020 (GLOBE NEWSWIRE) -- Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (NASDAQ:OMAB, BMV:OMA), reports that terminal passenger traffic at its 13
Benzinga · 06/05 20:10
Is Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) A Good Stock To Buy?
In this article we will take a look at whether hedge funds think Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. He
Insider Monkey · 06/01 16:20
IMF May Buys: The 13 Stocks I Added To My Portfolio
Seeking Alpha - Article · 06/01 11:30
OMA Calls Annual Shareholders Meeting
GlobeNewswire · 05/27 18:42
3 Stocks Trading at Attractive Valuations
GuruFocus.com · 05/21 17:47
Centro Norte Airports: My Favorite Travel Recovery Stock
Seeking Alpha - Article · 05/13 12:00
IMF April Buys: The 21 Stocks Added To My Portfolio
Seeking Alpha - Article · 05/11 17:12
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Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. is a holding company. The Company, through its subsidiaries, holds concessions to operate, maintain and develop over 10 airports in Mexico. The Company's segments include Metropolitan, Tourist, Regional, Border, Hotel and Other. The Company also engages in various commercial and diversification activities conducted at its airports, such as the leasing of space to restaurants and retailers, the operation of parking facilities, and the operation of the NH Terminal 2 Hotel and the Hilton Garden Inn Hotel at the Monterrey airport. The Company's airports serve the Monterrey metropolitan area; approximately three tourist destinations, such as Acapulco, Mazatlan and Zihuatanejo; over seven regional centers, such as Chihuahua, Culiacan, Durango, San Luis Potosi, Tampico, Torreon and Zacatecas, and approximately two border cities, such as Ciudad Juarez and Reynosa.More