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A2B - A2B Australia

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When CDC lose a bus contract, what happens to the buses? I assume if they have nowhere else to deploy them they are handed over to the new contract owner?
 
I don't know about buses but in the outsourced maintenance industry it's not unusual to see staff, machinery and sometimes even yards / offices transferred to whoever wins the contract. I'd assume it's the same with buses?
 
A couple of directors have stumped up some cash to buy more shares. $60k and $40k are not huge bets, but not peanuts either. This is usually a good sign that they don't see much further downside. If they had only bought a few shares each that would have been a bad sign.
 
You know just my opinion but if they wanted to be smart, now is the right time for CAB to do a huge buyback of their own shares.
 

BLY directors did the same. Have a look at their chart and see where they went after they bought.
You could be right although it's a different company the results may be the same.
 
Sky hasnt fallen for CAB yet and as such shares have started to grind upwards, now holding well above $4. Just on my average buy price now (not including the dividends i have earnt over the years)
 
Victorian government today announced they would table the taxi inquiry report on Wednesday, yet they will defer their response until after Christmas. Sharemarket reacted positively today, possibly in anticipation of this news.
 
brty said:
Victorian government today announced they would table the taxi inquiry report on Wednesday, yet they will defer their response until after Christmas. Sharemarket reacted positively today, possibly in anticipation of this news.
Click to expand...

What ended up happening with this?

I see on a few news websites that they are saying that Cabcharge is under the pump from other companies applying to the RBA etc for their EFTPOS machines to be included in taxis. As well as this - competition from apps/paypal etc (which sounded pretty complicated in the article) should help to simplify.

Apparently the changes - if any - will take effect in March. Does anybody know otherwise?

ON A SIDE NOTE
I bought tickets to the Bruce Springsteen concert a few weeks ago (YES!) and if people think they are getting rooted by Cabcharge - they should take a look at Ticketek charging you the princely sum of $5.20 to receive tickets to your e-mail . Now that is a rip!
 
Still in a slow grinding uptrend at around the 4.50 mark currently. Hopefully it can keep heading north towards $5.

Any TA out there on this?
 
prawn_86 said:
Care to explain why that is? Themore analysis here on ASF the better and the more other people will comment
Click to expand...

Hey prawn_86,

For me...

- CAB is not too bad (but nothing special) on value (which I wasn't referring to)
- Unable to make a new momentum high since about 8 months ago
- Falling momentum about 7 months ago, with a more significant fall about 2 months ago...
- ...which (on a positive) hasn't continued, but the recent move up hasn't yet done enough to turn that around.
 
Up about 4%. That is a nice little uptrend that has developed since late November, anyone who bought under $4 would have to be pretty happy right now.

Analysis wise it is still much of the same. Until there is some actual regulatory change from an indecisive government it doesnt seem as though much should change from an earnings perspective
 
I am very happy with my investment in this stock. Yesterday and today's action of a bit of a break out on higher volume than the last month looks very bullish to me. Immediately I look for where it could technically end; the two most obvious points are just below $5, where there was a gap on the way down or back at the $5.75 level, a full retracement of the move.

As I'm expecting the half year report to show pretty much BAU, especially as there has been no warning to the market about otherwise, then if Cashflow were in the 26c-32c range and dividend 16c-20c range, I would be looking at the $5.75 level as the next possible speedbump.

brty
 
After hitting $5 on Friday - managed to push through $5 today to $5.05 before finishing the day 5 cents down at $4.88. Does this mean anything from a tech point of view - the break and retrace through $5?

Volume was higher than normal today also.
 
keep buying when it keep hitting new low and enjoy dividend galore...
one day, regulation, reform or something or other get sorted it out then that day will come
by then dividend probably paid back your capital and then it may do a TLS run.

I first heard taxi license plate reform some 10-12 years ago
when the noise start everyone flock off cheap taxi plate, damn those who bought
them 10-12 years ago for 150K to 200K a pop.

now you got all your capital back in lease payment and a bit more ...and now enjoyed 12-20% yield
on your plate from that initial investment and they still talk about taxi plate reform today
 
Sold my stake in this today, for a handsome profit.

I've noticed quite a few companies have been reporting within market expectations and getting smashed. Should it happen here then I will repurchase at the right price. I also sold a variety of other companies stock for the same reason.
 
I have avoided Cabcharge.

I have a number of mates who own and drive taxis.

Of all the industries in Australia this is most prone to a black swan event.

The deregulation of the taxi industry and the end of a monopoly by a few over licenses.

gg
 
Half Year report out this morning.

Revenue up very slightly
EBITDA up 20%
Reported NPAT 33.3m (up 28%)
Underlying NPAT down 3.7%

EPS of 27.7 cents

Interim dividend increased to 18cps. Assuming no increase in final dividend this is giving a yield of 7.6% before franking credits at current prices
 
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