CAB 2.67% $2.19 cabcharge australia limited

Still got Qld to go on the 5% front.. but the worst (NSW, Vic is...

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  1. 615 Posts.
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    Still got Qld to go on the 5% front.. but the worst (NSW, Vic is now behind them)

    Cabs retain the sole ability to pickup street fares, so will always be a demand, and regulation will ultimately make Uber etc more expensive.

    Biggest issue I see for the company is writedowns in the taxi plates ($70m on balance sheet) and flow thru reductions on taxi plate income as rates fall
 
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