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
CAB Price at posting:
$5.55 Sentiment: LT Buy Disclosure: Not Held
