There is no such thing as luck with good business.
they diversify, they invest capital where it generates high return...
didn't people a while ago bitching about CAB going to this business is a bad idea?
hmm doesn't look too bad now is it ??
same with the good student who study hard, they get the grade....
some people would say dont study go and party and get a life but when the result paper get home some outside may call them lucky. :-)
guess you can call NVT JBH WOW CIL DMP ONT FLT CCP CCV Lucky too I have all these stocks and yes they are very lucky indeed...
outperform the market by massive margin...
CAB time will come.
and read their number again..stunning....
third party players do bugger all to their earning...
half of their income decline come from weak UK operation, to be expected for a new business in a new country and UK economy, nothing too surprising there, UK economy is in a dump, just like FLT when in the deep of GFC.
the other half due to less people travel turn over...even if you say it's all third party player, I can give them all that figure and it account bugger all hmmm..
and these guys doing so well they have to merge to tackle CAB just like Vodafone and Three merge to tackle Optus and Telstra..
Two shitty business merge make it a good one? not in my book :-)
at this rate I can bet the third party players isn't making much money even see some in the red with this venture...
love to see their book or tax return... and watch out for MTD dispatching system someday taxi operator has to pay higher fees for them and who own them? that damn CAB again
and their eftpos division watch out those eftpos machine every where with their proprietary system.
CAB party is in town for some shake up just like Google Andoid for smartphone and I own an iPhone
when earning comes from these division we call them lucky earning too.
oh don't forget CDC venture still growing strong, expect more down the track, when government sick of running their own public transport
maybe with all these bad news it goes below $4 I be there with another bucket
CAB Price at posting:
$4.60 Sentiment: Buy Disclosure: Held
