A2B - A2B Australia

[HarryH]

Pretty similar to what we have all said. New legisilation shouldn't affect CAB, but who knows, maybe it will, and that slight risk and uncertainty is what has caused the fall in share price. The market hates uncertainty, but if you are certain it wont be affected then perhaps it may be a good time to think about buying more?

Won't be buying more personally because it already takes up a larger percentage of my portfolio than the percentage I'm comfortable with. This ruling isn't going to cause me to do any panic selling either. Will be just enjoying the dividend yield from this company for the time being.

 

[Kulio]

Pretty similar to what we have all said. New legisilation shouldn't affect CAB, but who knows, maybe it will, and that slight risk and uncertainty is what has caused the fall in share price. The market hates uncertainty, but if you are certain it wont be affected then perhaps it may be a good time to think about buying more?

Speaking of buying, quite curiously if you look at the company announcements, Lazard has been on a buying frenzy since the 12/6 (the date RBA made the announcement). I wonder why that is.

 

[ROE]

Acquired Dean bus line in Canberra and Queanbeyan
Bus should now account for 30-35% of their earning

another reliable long term earner due to long term government contracts

 

[ROE]

cant complain about the result today
dividend increase in line with profit increase...

The man everyone know on here was bagging out this stock not long ago on eureka report ....
I took the oppotunity to buy a bit more

 

[prawn_86]

cant complain about the result today
dividend increase in line with profit increase...

Yeh i wish i held more stocks like this. SOlid earnings, consistent div, way better than money in the bank

 

[ROE]

Dean bus line also increase faire and offer less discount now
only one route qbyn to canb and that through dean bus line..

 

[VSntchr]

I have not read the entire report, but I see the company is quoting a 30% increase in NPAT. The only reason this is true is because of the litigation impact on last years earnings. Using normalised NPAT, the result is actually a drop in growth from last year...

 

[ROE]

I have not read the entire report, but I see the company is quoting a 30% increase in NPAT. The only reason this is true is because of the litigation impact on last years earnings. Using normalised NPAT, the result is actually a drop in growth from last year...

The Company achieved a healthy normalised net profit after tax of $68.7m for the year,
up 12.3%. This excludes the $15m ACCC settlement expense in FY11 and the $8.7m
impairment charge on our investment in our Associate CityFleet UK in 1H12.
Increases in operating expenses are in line with growth in our operating revenues and
it should also be noted that the Company did not pay any bonuses to the KMPs during
the year. Our reported NPAT for the year is $60m, up 30% on FY11.

 

[VSntchr]

The Company achieved a healthy normalised net profit after tax of $68.7m for the year,
up 12.3%. This excludes the $15m ACCC settlement expense in FY11 and the $8.7m
impairment charge on our investment in our Associate CityFleet UK in 1H12.
Increases in operating expenses are in line with growth in our operating revenues and
it should also be noted that the Company did not pay any bonuses to the KMPs during
the year. Our reported NPAT for the year is $60m, up 30% on FY11.

And thats why I should read the report before commenting

 

[HarryH]

Yet China data makes this stock go from being optimistic about CAB's results to being pessimistic? Sorry but what? Mr Market confuses me yet again.

 

[Muschu]

Yet China data makes this stock go from being optimistic about CAB's results to being pessimistic? Sorry but what? Mr Market confuses me yet again.

Seems to be going OK this month... so far!

 

[Ves]

Our old friend Neill Ford has sold over 1 million dollars of stock in the last week according to the Director's Interest notice. Very interesting!

 

[ROE]

Our old friend Neill Ford has sold over 1 million dollars of stock in the last week according to the Director's Interest notice. Very interesting!

Look like Lazard mopping up most of that, good day to lodge notice on top of going XD

 

[Ves]

Look like Lazard mopping up most of that, good day to lodge notice on top of going XD

They should stop buying soon. They already have over 10%. Perhaps I might get another buying opportunity... I've missed so many with this stock.

 

[TikoMike]

Anyone have any thoughts on the following article about the Allan Fels' Victorian Inquiry:

http://www.smh.com.au/business/taxi-owners-cry-foul-over-proposed-reforms-20121009-27b8n.html

Personally I think he is not very smart. Instead of responding to the contents of Demir & Co's letter he responds with "The industry has had 18 months to provide information. I am suspicious of anyone who, after the inquiry is finished, submits information which is not exposed to scrutiny".

Honestly I shake my head to this imbecile.

 

[McLovin]

These apps actually look like a good idea. *If* they became popular they could definitely hurt CAB. I'll be trying it out this weekend.

http://www.smh.com.au/technology/te...sw-taxi-monopoly-in-doubt-20121102-28nv6.html

 

[Knobby22]

I think CAB is a risky investment.
We are last to hear what decisions are made and the company can be severely affected by government intervention and is subject to new disruptive technologies.

 

[ROE]

Trust SMH to write a fair article on CAB is like Julia said there is no carbon tax under the government I lead

they been an anti- cab for the last 4 years, each year they find something thing that would spread fear -

Uncle Reg has a defamation case against SMH so they arent about to write nice thing about CAB

 

[McLovin]

I think CAB is a risky investment.
We are last to hear what decisions are made and the company can be severely affected by government intervention and is subject to new disruptive technologies.

I agree. And these calls for more regulation keep popping up. CAB is an easy target for the government.

 

[ROE]

These apps actually look like a good idea. *If* they became popular they could definitely hurt CAB. I'll be trying it out this weekend.

http://www.smh.com.au/technology/te...sw-taxi-monopoly-in-doubt-20121102-28nv6.html

nothing new just fear mongering, they been around for a while and all cab rivals has similar apps
like gmcabs live payment and every else on the planet -

to hurts cab earth need to move if you understand cab business, cheap shop apps wont cut it....you need infrastructure which no one has except CAB that why all the competitor entering arent making much money.

they will try, they will make noises for a while then they will disappear quietly into the sunset until the next lot come along