A2B - A2B Australia

[prawn_86]

Went ex dividend today and were down 24 cents earlier in the day, checked back in and they are up 15%. They have settled their case with the ACCC paying $15 million

Market certainly reacted well to the fac tthey have settled their case. Personally i think 15m is a bit steep, but im guessing CAB just wanted it over and done with

 

[ROE]

Market certainly reacted well to the fac tthey have settled their case. Personally i think 15m is a bit steep, but im guessing CAB just wanted it over and done with

Pocket change for CAB, a few months earning now they can go back and

start growing again without having this distraction, watch the bus division next year and the year after, some surprise in store for the non-believer

The rally may commence

today announcement and big fat dividend cheque coming soon, nice start to the long weekend

 

[ryan_wheatland]

Pocket change for CAB, a few months earning now they can go back and

start growing again without having this distraction, watch the bus division next year and the year after, some surprise in store for the non-believer

The rally may commence

today announcement and big fat dividend cheque coming soon, nice start to the long weekend

Just when we thought it was all over red rover, slater and gordon and now trying to file a class action lawsuit with all of CAB's pissed off competitors jumping on the bandwagon. Will it ever end for Cabcharge! I wish these competitors would take their medicine and give up trying to compete.

 

[ROE]

Just when we thought it was all over red rover, slater and gordon and now trying to file a class action lawsuit with all of CAB's pissed off competitors jumping on the bandwagon. Will it ever end for Cabcharge! I wish these competitors would take their medicine and give up trying to compete.

Let them come..their cash flow will go to lawyers and not their business and CAB can just keep drag on and slowly bleed them

Best way for big guy make small guys goes broke a little faster

 

[So_Cynical]

Will it ever end for Cabcharge! I wish these competitors would take their medicine and give up trying to compete.

When a monopoly operator over charges, provides a crappy service and behaves illegally, its really never going to end until its over...the ACCC will closely monitor CAB for anti competitive behaviour from now on, viewing all correspondence between CAB and other platform providers etc.

CAB is on probation and on notice that there must be change, and there admission of guilt has opened them up for litigation from party's claiming to have been disadvantaged etc.

 

[prawn_86]

Big resistance at $6. Keeps coming up against it but can't break through. That said, it does seem to drop off much with each rejection.

Any chartists got an opinon on where it is at at the moment?

 

[prawn_86]

Up 5% today and a clean break of $6 which it has struggled with over the last week. No new news, just the market starting to actually recognise the fact they are undervalued (hopefully)

Would love for them to head north of $7

 

[prawn_86]

Break of $6 well and truely confirmed on highest volume in about 6 months. Will be interesting to see where the next resistance is

This has now become my 3rd best return if you take dividends into account

 

[prawn_86]

Results out. Everything up between 5 - 10% except NPAT down 45%

This was due to the results of the ACCC case and they say that the next period it will be back to normal. Even so they have reduced the divvy from 17c to 10c for this distribution.

Any other members thoughts?

 

[VSntchr]

Not much talk on CAB lately. Im going to do a bit of digging and see what I think about it...will report back later today perhaps..

Anyone else with any insights?

 

[prawn_86]

Anyone else with any insights?

Under-rated both here and by the market IMO. My average price is a touch over $4.50 so im happy collecting dividends

 

[ROE]

Still think the best still to come from CAB

and depend on what price you paid in the last 18 months you can sit back and get fairly reliable dividend on this baby for a while yet until the market catch up.

CAB has a lot of trick up their sleeves so watch this space

 

[HarryH]

Good showing of results from the 2011 data. Price continues to not be reflective of this though. What are other people's thoughts?

 

[ROE]

I bought more at $4.50 on Wednesday, 34c rock solid yield is pretty good while
you wait for the market to recognise this unlove stock, much like TLS when it hovering around 2.70-2.80

It will be love again

I continue to accumulate business I know well and cheap..

the result actually is very good ...

they are growing and the market price for no grow or worse, competition hasn't made much inroad into its payment system.

I get feed back from people I know running taxi sometimes

 

[prawn_86]

You and I are on the same page with this one ROE

Buying anywhere under $5 represents a minimum 6% yeild, so not too shabby at all. Even my basic, most conservative analysis say this should be priced around the $6 mark.

 

[HarryH]

I bought more at $4.50 on Wednesday, 34c rock solid yield is pretty good while
you wait for the market to recognise this unlove stock, much like TLS when it hovering around 2.70-2.80

It will be love again

I continue to accumulate business I know well and cheap..

the result actually is very good ...

they are growing and the market price for no grow or worse, competition hasn't made much inroad into its payment system.

I get feed back from people I know running taxi sometimes

So you think CAB's market share remains unchanged? Do you think this new myki card proposal will have an affect?

I am quite surprised CAB was still able to keep ROE high despite the ACCC payment. Only thing so far I dislike is their UK investment. It's is a waste with them banking on a few weeks revenue from the Olympic games.

 

[JTLP]

Well CAB dropped below $4 for the first time in a long time...there was a bit of news around lately about how expensive cab fares are getting and how some people outright avoid them now due to cost pressures. I think it was in VIC where the fares hadn't risen in 3 years but some group wanted a 30% increase ...don't know too many people who could afford that in this environment.

The installation of paywave etc will be a bonus but is it a buy at these prices....

 

[robusta]

Chairmans address from today

http://www.asx.com.au/asxpdf/20111116/pdf/422kjghtkkshdq.pdf

C'mon Reg stop beating about the bush and get up em.

 

[ROE]

I'm still bullish on CAB .. I bought some more at $4.50 then it went down
$4.23 or something.

Time will tell I guess, I been averaging down for a while so with dividend and stuff
wasnt too bad of an investment....I say some where break even while waiting for
the market to cheer CAB again...

sometimes the market just doesnt agree with you or you are wrong

Reg is getting old, can't tolerate people bad mouth him and his business but I dont mind him at the helm
he's a smart operator ..this year EPS should be better than last year I reckon...

 

[HarryH]

News today that Reg Kermode sold 47% of his CAB shares just before Half Year results are to be released. Doesn't seem like a good indication of things to come.