CAB had tough time for years as the rate of the service charge from 10% to 5%.
They happened in different times with different states.
SP had been dragged down
It would be better if all states changed at the same time
Value should be presented here
P/E = 6.3
Dividends paid in CY2015, base $2.90 including the franking, 9%
4 times higher than bank deposit
The cycle is cumulating now.
normal news would be as good news
bad news would be as normal news
today have evidence to be proved with 6% up
CAB Price at posting:
$2.90 Sentiment: Buy Disclosure: Held
