Hi guys....SP is pulling back on relatively low volume. If you bought 30,000 shares at market the price would spike to $3.15 ! I'm really comfortable where we are at the moment and if the SP dropped to $2 I still would not care even though on paper it would look like a train wreck. I think at the absolute minimum we can expect 32 cents cap + div return over the next 13 months. Do the math at $2.67 - that a 12% return...with 24 cents tax paid to 30%. Cabcharge trades on a PE of 11. Anyway...all will be revealed anytime over the next couple of weeks....anything from EPS of 18 cents (lowest broker prediction ) upwards. I just have to work out what to do with the capital return and 3 dividends over the next 13 months - that's the only real problem.
CUS Price at posting:
$2.70 Sentiment: Buy Disclosure: Held
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