CAB
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2.67% $2.19 cabcharge australia limited

Game changed, SELL

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  1. HSP
    4,103 Posts.
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    18/12/15
    22:29
    Post #: 16648628
    CAB had tough time for years as the rate of the service charge from 10% to 5%.
    They happened in different times in different states.
    SP had been dragged down
    top $13.87 on 5/6/2007

    NSW government surprised me to legalise Uber.
    I think this was worse than the rate of the service charge from 10% to 5%.
    $20000 taxi plate compensation was far away shortage to market value changed
    CAB may write off asset value
    A big broker  forecasted CAB's EPS to fall 7% p.a. over FY15-18E as ride-sharing gains market share.

    I think EPS would fall much more than 7% per annum as other states may follow
    CAB Price at posting: $2.71 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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