Trans-cab Holdings

[greengiraffe]

I personally think that these smart $ have been evaluating taxi based on cashflows not accounting earnings...

Almost Vested

Even if transcab ipo had gone through, the stock will be just a run of the mill kind. Almost everyone here knows transcab is enjoying one time credit gains as seen in p&l statement. Strip it out, and the stock earns approx 4 cents adjusted core eps. it can't be scrapping taxis all the time.Following its dividend policy, future shareholders are only getting 3.5% off from ipo price. This makes it wonder if lion global etc did thorough checks before adding it into their equity funds