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

P2P p2p transport limited

0.00%

4.4¢

Interesting business, trying to understand it. How'd you get the...

First 4 Last

Share
Profile

Follow
TwoTwoZero

92 Posts.

21

10/09/19

23:12

Post #: 40372532
Share

Originally posted by BusinessSocks: ↑

At the end of the day, Uber is losing $5bn a quarter. The only way for them to get close to breaking even is increasing their fee. Very quickly this would make taxis a viable alternative again.

this coupled with the fact that this company is trading at 2x earnings. How can you have a company with 2000 vehicles on the road trading at a $12m market cap.

Management is solid. I think this business will make 10% net margins until the cows come home.

Expand

Interesting business, trying to understand it. How'd you get the 2x figure?

P2P Price at posting: 13.0¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

LRV

Larvotto hits "go" on Hillgrove Project

Investor education equals superior returns

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

SGQ

Traders watch with interest as St George Mining reveals REE hit

SS1

Sun Silver unveils Maverick Springs assay results

WC8

Investors shrug as Wildcat's latest lithium drill hits fail to excite

I88

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

ASX Market Open: Local bourse tipped to trade red after same on S&P500

MHK

Metal Hawk shares sink -50% as gold drill results disappoint

HotCopper Trends: Final day of quarterlies; Larvotto FID & more

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Interesting business, trying to understand it. How'd you get the...

Top Stories

Larvotto hits "go" on Hillgrove Project

Investor education equals superior returns

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

Traders watch with interest as St George Mining reveals REE hit

Sun Silver unveils Maverick Springs assay results

Investors shrug as Wildcat's latest lithium drill hits fail to excite

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

ASX Market Open: Local bourse tipped to trade red after same on S&P500

Metal Hawk shares sink -50% as gold drill results disappoint

HotCopper Trends: Final day of quarterlies; Larvotto FID & more

Featured News