CAB cabcharge australia limited

i want to buy cab but i cant!

  1. 134 Posts.
    This stock currently looks like gold...

    Oversold because of court case uncertainty
    Virtual consumer monopoly
    Solid dividends
    High margins
    Simple business
    Expanding into other markets

    However, the case uncertainty makes me pause. Theyre going to make it easier for new entrants into the market, and whallop CAB also with a penalty of ~1/2 their yearly net profit, so the value of the share will drop.

    I'd say I wouldn't buy unless it hits ~3.00.

    Any opinions?


    PS
    Like all good companies in australia (TLS) its wrecked by SOCIALISM!!! Labour dogs, when will they bloody get out of office!

    PPS DYOR
 
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