This is small cap, they should t least have event earnings, coming up short does not sam right, being n the lending game, being a small cap lofty dividend plays are common but with earnings coming up short! 3/4 of the year?
They also payed down there debt on the balance sheet; 29 cents a share not counting the 2 cent increase in dividends or their new cabs; next year or the year after is what I am waiting for; They have lagged the DOW & I wonder why? that's okay you can almost double your money on dividends alone; What did catching a Taxi go out of style?
I like TAXI, their low PE, high dividends, the ay they got ignored during the DOW's 2013 run; The facts are simple; IT costs 17+% in fares; they have a dominate dole in the market; no one has ever lost a penny on a loan at TAXI; their madellions, they go up 15% every year, a loan from these guys is a gift from heaven!
So why the stock prices so low? They are a small cap for one; Next when earnings come in for the first Q they may be a little short bottom line, increased dividends & a cleaning balance sheet, not to mention their reinvestment into more licenses; forget the day in day out price of the stock check out their 5 year performance, they're fundamentals are as good, better than in a long time! Wait till earnings hopefully disappoint back up the truck load up while everyone who does not know what is really going on & load up!~
Near term I am worried, other than that Taxi has been a lagert, there earnings have been off a few cents; At the same time they have been cleaning their balance sheet & this cost money, I think they look going forward better than they have in a long time; It may take a while till this work shows up on the bottom line, I am hoping they come in weak in March, & go down so I can load up; I aM GETTING READY TO LOAD UP; They are a growth company after all & those medallions they have bough can only go up, at $12.85 I am getting in with both feet; they were kept out of last years DOW rally, as no one is noticing they are paying down their debt; later this year they hold clean up or next year; I missed buying them by a penny a few years ago, I missed a triple by a penny; I am thinking they could become another doubler as small caps are being ignored, for big companies earning less than they pay out in dividends too;
higher profits through a 17% hike in the cost to take a ride in a cab, the cost of gas is cheaper too; where do the costumers go on a bus? Look at the balance sheet very nice, & as for there erring miss? Not raising the dividend would have a ken care of it; Taxi is a growth company, since when did they have less people riding in a cab? 7% dividends with a sweet raise; buy it now at $13 share!
the cost of a taxi ride just went up 17% this week, not only did they raise dividends but the cost of a cab ride, it is a buy; what is Cramer talking about how A is going to make money this year? taxi is making more & with a sweet dividend, such as they have; They re looking good for $20 a share + dividends in a couple years;