Back

Latest Forum Topics / ComfortDelGro    Last:1.29 --

Post Reply

COMFORT DELGRO - MOVING FORWARD Post Reply Rate topic
Entropy72 Master	09-Apr-2024 10:46        Entropy72 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Large scale unmanned taxis roll out in Guangzhou from 2025/26. Taxi drivers and ride hail drivers will be out of job in Singapore within the decade. CDG with its engineering expertise is in a better position than Grab to transit to this business model. And scale it overseas. Source: Nikkei Asia BEIJING ? A joint venture between China?s leading ride-hailing app Didi Global and Guangzhou Automobile Group?s (GAC) electric-vehicle unit plans to mass-produce robotaxis next year. Didi and GAC Aion New Energy Automobile established the 50-50 venture named Andi Technology in late March, and authorities recently granted it a business license, Didi said Sunday. GAC Aion is the group company behind GAC?s Aion brand of EVs. The robotaxis will be based on GAC?s all-electric sport utility vehicles and will be equipped with autonomous driving technology developed by Didi. The robotaxis will be capable of Level 4 autonomy, which denotes full self-driving under certain conditions. Andi expects to begin mass production of the robotaxis in 2025, and to eventually supply about 10,000 vehicles for Didi?s ride-hailing service. Didi is working with GAC Aion ?to accelerate the large-scale commercial deployment of autonomous driving,? Andi General Manager Meng Xing said in a press release Sunday. Meng also serves as the chief operating officer of Didi unit Didi Autonomous Driving. Zhang Xiong, the chairman of Andi who doubles as deputy general manager of GAC Aion, said the plan is to cut costs associated with Level 4 autonomous vehicles through mass production. Didi, founded in 2012, announced a custom-made electric vehicle for ride hailing in 2020, but ended up selling its EV business three years later to Chinese EV startup Xpeng.
Useful To Me  Not Useful To Me
Newbornborn Senior	08-Apr-2024 12:12        Newbornborn About Contact  Quote this Post!
x 1   x 0  Alert Admin	Should be more buying up..
Useful To Me  Not Useful To Me
dontbetray Master	05-Apr-2024 17:02        dontbetray About Contact  Quote this Post!
x 0   x 0  Alert Admin	hit .148  means stock price will face sellers at this price area. thus, for traders who traded for kopi money can consider exit at this zone.
Useful To Me  Not Useful To Me
MambaFinancial89 Veteran	05-Apr-2024 14:31        MambaFinancial89 About Contact  Quote this Post! Style: Fundamental   Yells: "Be greedy when others are fearful. "
x 0   x 0  Alert Admin	RHB keeps ComfortDelGro at BUY, multiple earnings drivers ahead Shekhar Jaiswal of RHB Bank Singapore has reiterated his BUY call and $1.65 target price for ComfortDelGro.  The compans UK unit was recently given contracts worth GBP422 million ($720 million) to run buses in Manchester for five years, with an option to extend for up to another two years. According to Jaiswal' s estimate, assuming the contract value is evenly spread across the five years, the annual contract value would be $144 million. CDGs public transport business as a whole now generates a 4% EBIT margin.  Assuming a 4-8% EBIT margin and a 25% tax rate, he estimates the incremental earnings in FY2025 from these contracts to range between $4.3 million and $8.6 million, which translates to a 1.8 to 3.6% upside to his existing earnings projection for FY2025. Even without this impending uplift from the UK bus contract, Jaiswal says CDG is poised to enjoy some near-term earnings growth drivers. They include higher Singapore rail revenue, continued improvement in its UK public transport revenue, strong Singapore taxi earnings amidst the increase in fares and commission rates, as well as the introduction of a new fee for bookings on the Zig platform. Improvement in its China taxi business and contributions from recently announced acquisitions will help too, he adds. In another positive aspect, Singapore is now reviewing the so-called point-to-point transport industry structure. We believe that the results of the final review of the p2p transport industry will continue to be positive for CDG, he says. In addition, we expect the potential integration of Gojeks booking with the Zig platform to further drive taxi demand and CDGs winning of the Seletar bus package in Singapore as additional re-rating catalysts, adds Jaiswal.
Useful To Me  Not Useful To Me
kiseki_2818 Master	05-Apr-2024 14:21        kiseki_2818 About Contact  Quote this Post!
x 0   x 0  Alert Admin	ha.....good. everything get better. huat huat for all of us. MrBear12      ( Date: 05-Apr-2024 13:33) Posted: Shhhh, he is in dreamland with the alarm set to wake him up when Comfort hits 20 cents. At this rate, he may not wake up. But miracles can and do happen! Trade with miracles in the hope of a Resurrection   BinderyT      ( Date: 05-Apr-2024 13:28) Posted: Hey, what happened to Conman? Used to see him here everyday preaching Grab will take over the world and Comfort will be wiped off the map
Useful To Me  Not Useful To Me
MrBear12 Supreme	05-Apr-2024 13:33        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 1   x 0  Alert Admin	Shhhh, he is in dreamland with the alarm set to wake him up when Comfort hits 20 cents. At this rate, he may not wake up. But miracles can and do happen! Trade with miracles in the hope of a Resurrection   BinderyT      ( Date: 05-Apr-2024 13:28) Posted: Hey, what happened to Conman? Used to see him here everyday preaching Grab will take over the world and Comfort will be wiped off the map. MrBear12      ( Date: 02-Apr-2024 09:32) Posted: No you or any of us in dreamland but Conman who is still there in dreamland. Most of us awake will buy at about 130-140. If  not, we may miss the boat. Alternative, is buy SBS Transit. It is still priced relatively inexpensive.
Useful To Me  Not Useful To Me
BinderyT Elite	05-Apr-2024 13:28        BinderyT About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hey, what happened to Conman? Used to see him here everyday preaching Grab will take over the world and Comfort will be wiped off the map. MrBear12      ( Date: 02-Apr-2024 09:32) Posted: No you or any of us in dreamland but Conman who is still there in dreamland. Most of us awake will buy at about 130-140. If  not, we may miss the boat. Alternative, is buy SBS Transit. It is still priced relatively inexpensive.
Useful To Me  Not Useful To Me
BinderyT Elite	05-Apr-2024 13:25        BinderyT About Contact  Quote this Post!
x 0   x 0  Alert Admin	I' m so glad that this stock is finally moving up. Have been bagholding this for long time.   Thought it would go up once covid ended but instead, went down even more :(
Useful To Me  Not Useful To Me
dontbetray Master	05-Apr-2024 12:47        dontbetray About Contact  Quote this Post!
x 0   x 0  Alert Admin	1.47
Useful To Me  Not Useful To Me
dontbetray Master	02-Apr-2024 14:34        dontbetray About Contact  Quote this Post!
x 0   x 0  Alert Admin	vanguard , invesco, dimensional fund, allianz se, state street corp , charles schwab corp bought yesterday. invesco bought the most
Useful To Me  Not Useful To Me
MrBear12 Supreme	02-Apr-2024 11:53        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 0  Alert Admin	Expanding globally at a comfortable rate is a good thing.  Just make sure it is sustainable.  Comfort Delgro remains focused on transport infrastructure and that is its plus point.
Useful To Me  Not Useful To Me
MambaFinancial89 Veteran	02-Apr-2024 11:36        MambaFinancial89 About Contact  Quote this Post! Style: Fundamental   Yells: "Be greedy when others are fearful. "
x 1   x 0  Alert Admin	Analysts maintain BUY calls on ComfortDelGro after Manchester contract wins DBS Group Research and Maybank Securities have maintained their BUY calls on ComfortDelGro with unchanged target prices of $1.80 and $1.60 respectively. These positive outlooks follow CDG&rsquo s recent development of gaining momentum in its overseas expansion.  CDG, on March 28, announced that it has successfully acquired contracts in the UK for the next five years. These awarded contracts allow CDG to operate four public bus services in Manchester under their UK unit Metroline. Worth GBP422 million ($720 million), the contracts expand CDGs London portfolio by 30%, making the transport operator the fourth largest scheduled bus operator in London.  The Great Manchester win further strengthens CDGs public transport presence in the UK, where the economics for operators have turned positive with easing inflation and rational bidding prices, says the team at DBS. Based on the annual contract value of $144 million and taking the 25% UK corporate tax rate and an estimated 5% - 10% operating margin into consideration, DBS anticipates a rise in earnings contribution to between $5.4 million to $10.8 million from FY2025. This translates to an upside of 2.2% - 4.3% to DBSs current FY2025 earnings estimate.  To Maybank analyst Eric Ong, CDGs recent wins - including CDGs March 25 announcement about A2B Australias shareholders giving the green light for the former to acquire their company - are positive factors. Accordingly, the analyst has raised his earnings per share (EPS) estimates by 2% - 4% for the FY2024 - FY2026 following these positive developments in CDGs overseas expansion and acquisitions. Looking ahead, CDG will continue to seek other new bus franchise opportunities in the Northwest and across the UK, Ong writes. For instance, CDG, on Feb 13, acquired the UK-based CMAC Group in February, aligning with CDGs ongoing efforts to seek more bus franchise opportunities in the UK. CMAC Group, a ground transport management and accommodation network specialist, covers operations across several European countries. The organisation focuses on resolving travel disruptions, providing emergency passenger support for an estimated 3 million travellers annually.  As a key player in providing wide-ranging emergency passenger transport services to businesses, CMAC is complementary to CDGs operations in the UK/Europe, and expands its B2B offerings in the region, adds Ong. This steady momentum of mergers and acquisitions prove beneficial in driving earnings growth in the analysts view. After the completion of the deal with CMAC Group in mid-February this year, revenue from this acquisition began contributing shortly after. In A2Bs case, the transaction is slated to be completed in April 2024.  Management sees A2B as an excellent strategic fit that will allow CDG to grow its point-to-point offering and deepen the groups presence in the Australian market as a multi-modal mobility operator, Ong elaborates. OCBC keeps HOLD call with higher target price Meanwhile, Ada Lim from OCBC Investment Research (OIR) has maintained her &ldquo hold&rdquo call on CDG while raising her target price from $1.40 to $1.49.  The revision of target prices can be attributed to the presence of near-term earnings growth drivers such as rising taxi fares and greater commission fees from 5% - 7% within the Singapore private hire vehicle (PHV) business.  &ldquo We expect CDG to continue to bid for new rail contracts (such as the Cross-Island Line in Singapore), and to actively seek out accretive acquisition targets to make inroads overseas,&rdquo adds Lim.  As of now, the analyst recognises that CDGs consensus forward 12-month dividend yield of 5.5% is promising within the Singapore market.  Despite these ongoing positive developments of acquisitions and contract wins, Lim notes that a more meaningful catalyst for the stock is needed before a re-rating occurs. The analyst remains patient, waiting for more calculated initiatives and targets related to CDG&rsquo s long-term growth before re-rating.  Shares in CDG closed 2 cents higher or 1.43% up at $1.42 on April 1.
Useful To Me  Not Useful To Me
TikTalk Supreme	02-Apr-2024 10:15        TikTalk About Contact  Quote this Post! Style: Combined   Mood: Yells: "Anyone miss me?"
x 0   x 0  Alert Admin	ahahahaha MrBear12      ( Date: 02-Apr-2024 09:32) Posted: No you or any of us in dreamland but Conman who is still there in dreamland. Most of us awake will buy at about 130-140. If  not, we may miss the boat. Alternative, is buy SBS Transit. It is still priced relatively inexpensive.
Useful To Me  Not Useful To Me
leroy55 Veteran	02-Apr-2024 10:00        leroy55 About Contact  Quote this Post!
x 0   x 0  Alert Admin	FINALLLY COMFORT GET OUT OF COMFORT ZONE
Useful To Me  Not Useful To Me
MrBear12 Supreme	02-Apr-2024 09:32        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 0  Alert Admin	No you or any of us in dreamland but Conman who is still there in dreamland. Most of us awake will buy at about 130-140. If  not, we may miss the boat. Alternative, is buy SBS Transit. It is still priced relatively inexpensive.
Useful To Me  Not Useful To Me
TikTalk Supreme	02-Apr-2024 09:28        TikTalk About Contact  Quote this Post! Style: Combined   Mood: Yells: "Anyone miss me?"
x 0   x 0  Alert Admin	Alamak I am still dreaming of buying when it goes down to 20c
Useful To Me  Not Useful To Me
MrBear12 Supreme	01-Apr-2024 10:16        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 0  Alert Admin	Once upon a time, there was a certain punter named danger who talked this up to 1.80. It did not happen. MambaFinancial89      ( Date: 01-Apr-2024 09:19) Posted: DBS: Broadening UK bus network with Greater Manchester contract win (Buy $1.80) CDGs UK bus operation subsidiary, Metroline Limited, was awarded contracts to operate four public bus franchises in Greater Manchester commencing 5 Jan 2025 Collectively the four packages are worth £ 422m (~S$720m) over five years with option to extend for up to two additional years Estimate incremental earnings contribution of S$5.4-10.8m in FY25, representing 2.2-4.3% upside to our FY25F estimates Maintain BUY with TP of S$1.80 Whats New ComfortDelGro Group (CDG)s UK bus subsidiary, Metroline Limited was awarded contracts to operate four public bus services in Greater Manchester commencing 5 Jan-25. Collectively the four packages are worth £ 422m (~S$720m) over five years with option to extend for two one-year term, i.e., up to two additional years. The four packages comprise of 232 different services served by 420 buses and over 1,350 employees. This win doubles the number of Metrolines existing services and increases its public bus fleet size by about 30% (current: 1,300 buses in London). Our Views The Greater Manchester win further strengthens CDG&rsquo s public transport presence in UK, where the economics for operators have turned positive with easing inflation and rational bidding prices. Based on the annual contract value of ~S$144m, estimated 5-10% operating margin and 25% UK corporate tax rate, we project the incremental earnings contribution from FY25 to be between S$5.4m to S$10.8m. This represents additional 2.2-4.3% upside to our current FY25F earnings estimate. Upcoming catalysts that investors could look forward to in 2Q24 includes (I) the Gojek integration with Zig platform and (ii) results of LTA review of point-to-point (P2P) industry structure and regulatory framework.  Maintain BUY with TP S$1.80.
Useful To Me  Not Useful To Me
MrBear12 Supreme	01-Apr-2024 09:23        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 0  Alert Admin	Where is conman? What do u say?? 18 cents or 1.80 dollars??
Useful To Me  Not Useful To Me
MambaFinancial89 Veteran	01-Apr-2024 09:19        MambaFinancial89 About Contact  Quote this Post! Style: Fundamental   Yells: "Be greedy when others are fearful. "
x 0   x 0  Alert Admin	DBS: Broadening UK bus network with Greater Manchester contract win (Buy $1.80) CDGs UK bus operation subsidiary, Metroline Limited, was awarded contracts to operate four public bus franchises in Greater Manchester commencing 5 Jan 2025 Collectively the four packages are worth £ 422m (~S$720m) over five years with option to extend for up to two additional years Estimate incremental earnings contribution of S$5.4-10.8m in FY25, representing 2.2-4.3% upside to our FY25F estimates Maintain BUY with TP of S$1.80 Whats New ComfortDelGro Group (CDG)s UK bus subsidiary, Metroline Limited was awarded contracts to operate four public bus services in Greater Manchester commencing 5 Jan-25. Collectively the four packages are worth £ 422m (~S$720m) over five years with option to extend for two one-year term, i.e., up to two additional years. The four packages comprise of 232 different services served by 420 buses and over 1,350 employees. This win doubles the number of Metrolines existing services and increases its public bus fleet size by about 30% (current: 1,300 buses in London). Our Views The Greater Manchester win further strengthens CDG&rsquo s public transport presence in UK, where the economics for operators have turned positive with easing inflation and rational bidding prices. Based on the annual contract value of ~S$144m, estimated 5-10% operating margin and 25% UK corporate tax rate, we project the incremental earnings contribution from FY25 to be between S$5.4m to S$10.8m. This represents additional 2.2-4.3% upside to our current FY25F earnings estimate. Upcoming catalysts that investors could look forward to in 2Q24 includes (I) the Gojek integration with Zig platform and (ii) results of LTA review of point-to-point (P2P) industry structure and regulatory framework.  Maintain BUY with TP S$1.80.
Useful To Me  Not Useful To Me
leroy55 Veteran	30-Mar-2024 13:14        leroy55 About Contact  Quote this Post!
x 0   x 0  Alert Admin	but temasek didnt have their shares under their portfolio. vanguard, invesco, dimensional fund,state street last few days added more to their portfolio anyway. finger cross. be humble Entropy72      ( Date: 29-Mar-2024 16:47) Posted: AGM coming on 26 Apr. Hope more analyst coverage then and investors understand CDG is not small brother to GRAB anymore. Its international rail/bus and sustainability business must be emphasised, beyond taxi business. New GCEO quite good - can trust him to articulate the transformation to analysts. Speediman      ( Date: 29-Mar-2024 15:08) Posted: CDG can now reclaim back $1.5-$1.6 range.
Useful To Me  Not Useful To Me

                                                         First   < Newer   901-920 of 7131   Older>   Last