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A2B - A2B Australia

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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.

 
McLovin said:
I know a few people who have used it and they really liked it.
Click to expand...

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
 
prawn_86 said:
Here in LA it is pretty much impossible to get a cab so we just about only use Uber. Always felt totally safe.
Click to expand...

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.
 
craft said:
Why?
Click to expand...

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.
 

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.
 
It has an ongoing P/E of 9.13, which indicates that it is undervalued, according to au stoxline.
 
Interesting move, nothing spectacular in the volume. Hard one to read
 
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.
 
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