Australia's largest stock trading and investment forum Australia's #1 stock forum

CL8

Click for more information

0.00%

1.3¢ carly holdings limited

2018 is CL8’s Year, page-28

First 28 Last

Share
Profile

Follow
westcoast123

793 Posts.

13

14/02/18

12:06

Post #: 31046449
Share

Originally posted by Radar100 ↑

Lots of new company's adding Rideshare vehicles or even Rideshare platforms to the market currently

To name only a few these are some booking platforms that are on the market currently:-

Ola
Taxify
Hi Oscar
Uber
Oiii
Lyft
1300 Ride share
Shebah
Hi Oscar

The problem I see here is the competition in this space, your going up against UBER!!! and some of these platforms have bought there own cars (huge capital outlay). I can see a lot of rationalization in this industry soon.

This is were DMC have the advantage, a central location of stock, no capital outlay by being a Marketplace, we can supply rental vehicles to rideshare drivers for any of these company's and traditional Car rental consumers all the while taking a small commission.

Just need to keep adding vehicles and signing up corporate/government demand contracts.

Expand

You hit the nail on the head here.

Our model is indestructible and takes years of persistence.

Stay patient

CL8 Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

NEU

Neuren sees FDA greenlight for 3rd trial into children with Phelan-McDermid syndrome

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

CHM

Leukaemia patient shows complete response in Chimeric Therapeutics' latest trial

Arika to pump $3.2M into gold exploration at WA's Yundamindra following strong maiden program

NYR

Nyrada rat study shows no genotoxicity in brain injury drug NYR-BI03

There are more pages in this discussion • 1 more message in this thread...

First 28 Last

Add CL8 (ASX) to my watchlist