So what is the point of continuing this silly argument when
a. Technicians on this discussion aren't even using valid data to support their claims
b. Actual testing across large sample size shows comparable (if un-correlated) returns from either strategy
c. Trend and Valuation are only two of a myriad of factors (size, volatility, liquidity, momentum, value, etc) which affect the price of a stock and making the discussion an argument of the two just narrows the discussion down to a boring argument?
Can you expand on what actually constitutes 'the method' you're referring to here, skc?Well said, Sinner. It is a debate as old as the forum itself. The only sensible conclusion is simply that both methods work well in the right hands. Yet the only conclusion many people on this forum reach is that, one instance of failure in the wrong hand proves the method doesn't work.
Can you expand on what actually constitutes 'the method' you're referring to here, skc?
No point at all as far as I can see. In fact I wasn’t aware I was in an argument. I’ve simply stated my opinion based on what’s worked best for me in the past. I’ve tried value investing and haven’t been able to make it work very well. On the other hand I’ve had reasonable success in simply jumping aboard a trend and going for a ride until the trend fizzles out.So what is the point of continuing this silly argument
We do whatever works for us. If someone is making money from a method that’s very different to mine, then good luck to him.
More or less. I'm just not aware of anyone completely dissing any single approach, i.e. saying that FA, Value Investing etc, never works, or similarly any kind of trending or more sophisticated TA is a failure. The closest to the latter is the suggestion that it is 'amusing'.Methods simply meant FA and TA. Other words I could have used include approaches, analysis techniques etc.
Is that what you are asking?
Half year report looks pretty good to me.
I still hold a fair chunk, my average is probably around $4 - $4.10
dividend still pretty damn good and look like it navigates the environment well.
I think the market overly pessimistic about it, due for a reprice hopefully.
CAB control fundamental structure that hard for apps to break in, head line fear is good but
when it come down to nitty gritty stuff, CAB has iron gripped on it that why I am not let it
go despite all the headlines..
Cabcharge still has a fairly strong competitive advantage in the industry, and has tendrils all the way through it, and the core business requires very little capital to grow. Any uptick the economy will really benefit this business, and with high margins, profit will grow at a pretty good clip. They'll have plenty of cash flow generation to deal with whatever regulatory measures the governments of the day impose upon them.
Here is why I stand by CAB.
for apps to make money and take serious earning away from CAB, they need some serious volume
and because the apps is not centralise and fragmented, everyone want to get into the space
thinking it easy money but once they get in they discovered upfront investment is expensive
and they cant get the volume.
They then fight one another for volume and no one end up making any money as they cant get the volume and CAB jab in every so often to make their life difficult and eventually someone will burned out.
.
Here is why I stand by CAB.
for apps to make money and take serious earning away from CAB, they need some serious volume
and because the apps is not centralise and fragmented, everyone want to get into the space
thinking it easy money but once they get in they discovered upfront investment is expensive
and they cant get the volume.
They then fight one another for volume and no one end up making any money as they cant get the volume and CAB jab in every so often to make their life difficult and eventually someone will burned out.
Also Taxi is not something that everyone use often, it much easier for them to call 13
number and grab a cab rather fumble with apps and various other technology if they going to use it once or twice.
The kids today don't fumble with apps, its all a breeze and to easy, and the apps don't need big volume to be successful because they cost next to nothing to make and run...CAB cannot survive as is.
Here is why I stand by CAB.
for apps to make money and take serious earning away from CAB, they need some serious volume
and because the apps is not centralise and fragmented, everyone want to get into the space
thinking it easy money but once they get in they discovered upfront investment is expensive
and they cant get the volume.
They then fight one another for volume and no one end up making any money as they cant get the volume and CAB jab in every so often to make their life difficult and eventually someone will burned out.
Also Taxi is not something that everyone use often, it much easier for them to call 13
number and grab a cab rather fumble with apps and various other technology if they going to use it once or twice.
while all that is going on people forget that bus, eft solutions and taxi services and all other business CAB hold actually grow earning at a steady pace and contribute more and more to their bottom line each year.
I see CAB similar to Telstra a few years ago, everyone hate it, they price it for nothing
so if you happy to play the dividend game and wait for the return of the champion then CAB probably
fit well.
Remember when people focus on Telstra decline fix line earning and phone call but don't pay much attention to their mobile and data growing at double digit rate?...now mobile and data contribute decent chunk to their earnings.
the reason I would not invest a cent is that sooner or later "private cars" will come.
http://venturevillage.eu/uber-taxi-paris as one example,
They are doing a killing O/S in the last year and are a threat to the current cosy taxi (and cabcharge) business.
people will not need to know how to play with apps to use these, and they will allow bookings, etc
DYOR
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