Latest Forum Topics /
ComfortDelGro
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COMFORT DELGRO - MOVING FORWARD
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James2312
Member |
23-Nov-2021 11:42
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This stock really sleeping. should have sold away when it went past my cost price. | ||||
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TigerPlay
Master |
23-Nov-2021 09:35
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see-hum move back to 1.51 again, si peh sian leh | ||||
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TigerPlay
Master |
22-Nov-2021 16:04
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This see-hum is not comfort, should be the others that are not moving lar
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Starship
Supreme |
22-Nov-2021 10:15
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Starship
Supreme |
22-Nov-2021 10:12
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invest8
Senior |
22-Nov-2021 10:07
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Slow but surely, pls do not disturb..  ![]()
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TigerPlay
Master |
22-Nov-2021 09:53
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Dun be surprised if it din even move an mm at all, take very long for the brain to pass down message, then the shell to open, then the tongue to come out, then sense around b4 even move 1 mm, could take many many days | ||||
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TigerPlay
Master |
22-Nov-2021 09:30
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Should be slow, this fella dun cheong in a rush, remember is a see-hum hor
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Buradin
Veteran |
21-Nov-2021 21:44
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Love ur passion and ur cocksure statements... | ||||
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Conman
Elite |
21-Nov-2021 21:08
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The $10 rebate till year-end is only a one month extension from the existing subsidy, which was supposed to be $5 for the month of December. The $5/day for Jan is new though but only $5.
Sad to day, these subsidies will not be able to save the taxi trade and are not meant for this purpose anyway. Taxi companies earn from the taxi drivers, not the passengers. This is precisely the problem confronting the taxi companies now. Zoom Bee lost on the average 1,000 drivers per year for the last 9 years, from 16,000 to the present 8,000. My prediction is that the attrition will continue slowly but surely. The speed of attrition will depend on the ages of the existing drivers and whether they are willing to be re-trained to switch jobs. The Security line is currently a pull factor as I know it. Meantime, the taxi companies are now playing a zero sum game among themselves, some are growing while some shrinking. Perhaps in 3 years, we will see only Zoom Bee, Transcab and Stride (former SMRT Taxis) in the scene. |
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Starship
Supreme |
21-Nov-2021 18:04
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Covid-19 support measures for businesses, individuals to be lessened as S' pore eases curbs NOV 20, 2021, 2:21 PM SGT The Covid-19 Driver Relief Fund will also be extended to support taxi and private-hire car drivers. They will receive a $10 payout per vehicle per day in December, and a $5 payout per vehicle per day in January. This supersedes the $5 payout per vehicle per day in December that was announced previously. This extension is expected to benefit about 50,000 drivers. On top of the Government&rsquo s assistance, taxi operators have pledged to continue rental waivers for drivers. In a separate statement on Saturday, the Land Transport Authority (LTA) said that as per earlier tranches of relief payments, there is no need for drivers to make an application to receive the payouts.  Drivers who are currently receiving relief payouts will automatically receive the extended payouts through their operators. Main  hirers  of taxis will continue to receive payouts in the form of rental rebates, while private-hire drivers will receive the payouts through their e-wallets or directly into their bank accounts.  LTA will work with the taxi and private-hire car operators to implement the latest payouts and the operators will inform drivers of disbursement details in due course, it added. https://www.straitstimes.com/singapore/support-measures-to-be-lessened-gradually-as-spore-eases-covid-19-curbs-90m-package-for |
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Conman
Elite |
20-Nov-2021 23:34
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Guru, people who punt this stock without understanding how SG's public transport system works will lose money. I can see many here and you are one of them
We all know that no MRT operators can make money with only income from the fares even during the best years when people had to stand in the train barely an inch from one another. But as our loving PM said, there is no way that we can return to the pre- Pandemic times. Under the Bus Contracting Model, operators suvive with life-lines from the gov supplying them with tax payers' money. Profit is guaranteed by contracts hence it has nothing to do with the Pandemic. The real threat comes from public opinion which can turn against the idea of paying too much tax money to allow it to throw 2 big dividend parties a year, at SBS level and at HQ level. Bus fares is due to go up immediately while there are already talks in town about GST hike next year. If SBS has to be delisted (like SMRT) or stop throwing dividend parties to satisfy the tax payers, it will have to. I will talk about Taxie tomorrow.
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Entropy72
Master |
20-Nov-2021 22:02
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The relaxation of dining on Monday will boost taxi and public transport takings. But default still WFH till 2022. | ||||
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beng1102
Elite |
18-Nov-2021 19:42
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U r here so long but never pay attention.  Just keep talking only.  Other' s post u have no impression.
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Conman
Elite |
18-Nov-2021 18:13
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Guru, you must reveal which big funds would park fund in a public transport contractor despite the so-called 'sustainability' hot air.
My TP of 20c is for 2026. This will happen when, 1 Australia implement Bus Contracting Model 2. SBS Transit get delisted due to public pressure to stop its dividend party 3 SMRT to take over all the public transport jobs to help save tax-payers' money.
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Conman
Elite |
18-Nov-2021 18:03
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Bro Beng, as far as I can remember, you were the only one always talking about SIA going up means Zoom Bee will go up.
But how can that be possible? SIA is a National Airline held in majority by Temasek and the gov will not let it fail. Zoom Bee is just a taxi company holding a public transport contractor and is not vested by any big fund except Black Rock (7%?). Its contract with the SG gov is due for renewal by 2026 and there is no guarantee that it will be renewed. The immediate risk is its Australian business which it has gone in very big. You must pray that Australia wouldnt adopt the bus contracting model FOREVER. We have seen how Hyflux, which provided the most essential product to several gov, failed, and no gov lended a hand to help. Would any one help Zoom Bee if it lands into trouble? Is there a risk management guy in Zoom Bee's office?
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brchkho1
Master |
18-Nov-2021 16:54
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There are people trying to collect CDG at bargain or holding a short position, worrying any positive news to bring up the prices lah.
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Entropy72
Master |
18-Nov-2021 14:39
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Conman, I am only sharing news even if it is not earth shaking. You also never give up on attacking CDG (except you dont mention 20 cents much nowadays)  ![]() In case you are not aware, sustainability is increasingly becoming a criteria for funds looking to park their money.  
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beng1102
Elite |
18-Nov-2021 14:39
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Didn' t u read the early post someone from your side claimed that SIA and CDC move up and down together.  Please wakeup and review earlier post.
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Conman
Elite |
18-Nov-2021 14:36
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Brother Beng😡 , How many times must I tell you taxi companies dont earn from the Ang Mo flying in by SIA Business Class or Firt Class! They earn from the Merdeka Taxi Uncles! 🤣
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