CAB 2.67% $2.19 cabcharge australia limited

Results today in line with market expectations.Share price rally...

  1. 187 Posts.
    Results today in line with market expectations.

    Share price rally due to the absence of bad numbers.

    Until economic activity picks up, CAB's earnings growth will be flat.

    The taxi industry is a good leading indicator of the economy, however improvement not expected for at least six months.

    If CAB can hold their earnings to the end of June, it will have weathered the financial storm well.
 
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Currently unlisted public company.

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