ACSAF - ACS - Construction Renewable Energy And Tollroads Available At A Discount
- ACS is well positioned to capture infrastructure spending, renewable energy investments and increased mobility.
- Opaqueness, lower dividend and complexity do not allow for a clear line of sight on ACS potential performance.
- Not a homerun investment but a solid bet with a good risk-reward proposition.
- It is materially undervalued and has near term upside of 45-65% that can be triggered by mean reversion, solid execution of divestments, simplification and communication to investors.
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ACS - Construction, Renewable Energy And Tollroads Available At A Discount