A2B - A2B Australia

[ROE]

All about vision not profit luck is on their side when money is cheap and come out free from the printer so people can speculate on potential

http://www.theage.com.au/business/w...ised-to-join-the-10b-club-20140516-38dk5.html

 

[qldfrog]

http://www.brisbanetimes.com.au/dig...rideshare-the-green-light-20140529-zrrm2.html
could be a sell incentive....

 

[Smurf1976]

Once one state does it, the others usually follow in due course.

There's probably an exception or two somewhere, but in general that's how the Australian states work. Once a significant change from the status quo (in anything) is introduced in one state the others eventually follow.

 

[McLovin]

Once one state does it, the others usually follow in due course.

There's probably an exception or two somewhere, but in general that's how the Australian states work. Once a significant change from the status quo (in anything) is introduced in one state the others eventually follow.

I agree. At the very least it might make the governments end up taking an approach similar to London, with the more expensive metered black cabs and less expensive minicabs. On the other hand, it won't take much (assault of passenger or driver) to shut the whole thing down. But Uber does give users (both drivers and passengers) ratings, so it's not like picking someone up cold off the street.

Here's a comparison of UberX compared to a cab fare...

I know a few people who have used it and they really liked it.

 

[prawn_86]

I know a few people who have used it and they really liked it.

Here in LA it is pretty much impossible to get a cab so we just about only use Uber. Always felt totally safe.

Its just a matter of if the Aus regulations will allow it, and with so many easily accessible cabs in Aus Uber would have to be planned rather than just hailing a cab

 

[craft]

Here in LA it is pretty much impossible to get a cab

Why?

 

[McLovin]

Here in LA it is pretty much impossible to get a cab so we just about only use Uber. Always felt totally safe.

Yeah, I've experienced trying to get a cab in LA. It's easy enough from a hotel but trying to get one off the street is like trying to get blood out of stone. Although in Sydney on a Friday/Saturday night it's all but impossible after about 1:30am.

 

[prawn_86]

Why?

I think its a number of reasons, but they are all just my theories. I think there are less cabs per capita, spread out over a much, much bigger geographical distance than a centralized Australian city. And if you do happend to see one, cabs here generally also dont take passengers just off the street (aside from hotels and airports), you need to book ahead, whether that is a safety thing i am unsure.

 

[Hoborg]

Not totally related to CAB, but definitely to Uber, this talk on behavioural economics and how it fits into the taxi business model is interesting:
http://www.farnamstreetblog.com/2014/05/rory-sutherland-this-thing-for-which-we-have-no-name/
(Go to 42:38)

The whole talk is definitely worthwhile IMO.

 

[TikoMike]

http://www.brisbanetimes.com.au/dig...rideshare-the-green-light-20140529-zrrm2.html
could be a sell incentive....

http://www.brisbanetimes.com.au/que...oser-to-uber-app-approval-20140621-zshh6.html

So much for "not regulating".

 

[piggybank]

So you want to earn extra cash!!

https://partners.uber.com/signup/me..._medium=boss_EarnCashHours_Make30_28510930510

Make $30 an hour in Melbourne driving your own car. No previous driving experience required.

 

[KnowThePast]

So you want to earn extra cash!!

https://partners.uber.com/signup/me..._medium=boss_EarnCashHours_Make30_28510930510

Make $30 an hour in Melbourne driving your own car. No previous driving experience required.

View attachment 58733

Lower prices and higher costs - a great competitive advantage. But one that is not going to make money.

It will be interesting to see how much money they'll end up spending and how long they will keep up the assault.

 

[JTLP]

http://www.huffingtonpost.com/david-fagin/life-as-an-uber-driver_b_4698299.html

Have a read of this...it may not be all roses for Uber drivers.

PS I actually took Uber for the first time the other day and absolutely loved it. Ripper service and the guy was a champion + cheaper than a taxi.

 

[McLovin]

http://www.huffingtonpost.com/david-fagin/life-as-an-uber-driver_b_4698299.html

Have a read of this...it may not be all roses for Uber drivers.

PS I actually took Uber for the first time the other day and absolutely loved it. Ripper service and the guy was a champion + cheaper than a taxi.

It is a great service. I landed in Rio a couple of weeks ago requested a black car while I was waiting at immigration, friendly driver was waiting for me when I walked out. Did the same on return to Sydney. No cash, nothing to sign.

 

[Huskar]

Now strongly through 52 week high..

 

[goccipgp]

It has an ongoing P/E of 9.13, which indicates that it is undervalued, according to au stoxline.

 

[prawn_86]

Interesting move, nothing spectacular in the volume. Hard one to read

 

[ROE]

CAB has been a dog lately

and despite all the threat and all the negativity around it
under $4.00, if you applied the worse case scenario toward it you can still come out better than $4
bucks at the end of it but if not you have a decent chance of making very good return.

with that calculated risk I bought more for my SMSF at $3.85 and still hold on.

Same reason I bought TLS at $2.64

at some point the market price the business so bad it becomes a very low risk play despite its problem.

I made the same calculation on FXJ but I didnt buy for some reason DOH!!

 

[galumay]

CAB has been a dog lately

and despite all the threat and all the negativity around it
under $4.00, if you applied the worse case scenario toward it you can still come out better than $4
bucks at the end of it but if not you have a decent chance of making very good return.

with that calculated risk I bought more for my SMSF at $3.85 and still hold on.

Same reason I bought TLS at $2.64

at some point the market price the business so bad it becomes a very low risk play despite its problem.

I made the same calculation on FXJ but I didnt buy for some reason DOH!!

Agreed, I bought at just under $4 applying similar reasoning. Picked up nice yield while watching a steady increase in capital value.

 

[xinyucao]

If UBER continues to grow, is CAB a good shorting stock next year?