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1/22/24, 2:17 PM How much of a stock price bounce will Salik get after new toll-booths? | Analysis – Gulf News

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How much of a stock price bounce will Salik get

after new toll-booths?

Dubai toll-gate company’s revenu es are up for a hi ke – will its stock follow ?

Pub lished: Janua r y 22 , 2024 09:44 Last up dated: Janua r y 22 , 2024 09:49
Sameer Lakhani, Special to Gulf News

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For a shareholder or investor, Salik' s announcement of two new toll-gates in Dubai couldn't have been better timed.
Image Credit: Bloomberg

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Warren Buffett once suggested an ideal investment in inflationary conditions - buy a toll booth built with ‘old dollars’.

Building an asset that yields results over time with a one-time capex cost means the coupons collected from such an asset
would always be a hedge for investors as the purchasing value of the currency erodes.

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