My first reaction was yes I was concerned. But as I look at the way they keep delivering I must say I am impressed. Don't forget that they are diversfying into buses as well and it seems to have been a positive move.
The other thing was that I thought the taxi plates would be hit after MBL puts their grubby little hands into yet another area. BUt in fact they are now hovering around the 300k mark and the leasing rates at about 450-500 a week.
CAB Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held