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ComfortDelGro
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ComfortDelGro fundamentally strong but price weak
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Observers
Elite |
04-Oct-2017 10:51
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If CDG only throw cash at the problem with no advancement in their productivity to match Uber and Grab in fleet utilization (peak and non-peak) and ease of use, then ultimately, its " good game" . The question remains. Can CDG management and corporate culture/structure attract and retain such talents?
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rachellee
Senior |
04-Oct-2017 10:50
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Grab' s repeated extension of the cabbie offer gives me the impression that it isn' t anywhere as effective as they' ve hoped. Why else would they extend the promo around 3 times?
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sengsk
Elite |
04-Oct-2017 10:48
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They are not making $, They are burning $. Their aim is to destroy all competator in this market, Once they achieve the market its their control for pricing as they wish. For you either to take it or leave it. Its up to your for decide. CD should let them burn out cash more before come out with other pattern. I do believe CD are waiting for these day.
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sgtrader18
Veteran |
04-Oct-2017 10:40
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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hard to fight when grab got so much more $ to burn and no need to answer to shareholders. need to drop to a point where they will call a big meeting to decide their fate.
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seba240698
Senior |
04-Oct-2017 10:22
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I feel that CDG has the ability to lower rental and still make profit, but I'm really don't know what is in their sleeves. No news from alliance with uber, no concrete plans to counter grab... | ||||
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beginners
Veteran |
04-Oct-2017 09:10
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CDG realises that they can not be like last time where they dominating the market and collecting high rental on taxi Drivers. Although they having been taking efforts to reduce rental and come out with different package for the taxi Drivers. But the reducing of rental and incentives still not significant enough to compete with uber. Just my opinion. | ||||
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sengsk
Elite |
04-Oct-2017 09:03
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That' s very normal preception which Grab/Uber are happy with as well good time for them to have price surging too.
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seba240698
Senior |
04-Oct-2017 08:57
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It is high time CDG reduce the rental, late is better than none. On a separate note, every time I return from overseas I sure can get taxi from airport, rarely have to wait more than 1 minute, so even got apps I don't bother to book. But this may change in the future..... | ||||
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Observers
Elite |
04-Oct-2017 08:18
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Think this one will hit taxi drivers who have no apps for booking and like to queue at airports for the surcharge. With less takings from surcharge fees, can these taxi drivers still afford the rental?
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kangaroo11
Veteran |
03-Oct-2017 19:49
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grab uber buy the cars and lease it out to drivers. As an individual, i can also go to authorised dealers or smaller car dealers to lease out a 100% brand new car with 0% downpayment. No dif bro
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seba240698
Senior |
03-Oct-2017 16:17
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CDG top management must have offended Ah Gong, otherwise why so "suay" recently? | ||||
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Starship
Supreme |
03-Oct-2017 15:33
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When the opposing team' s soccer player is lying on the ground injured, get the referee to give him a kick. And then let other friendly players to humtump him for good measure:   Singapore Airlines, Grab announce tie-up SINGAPORE: Travellers across Southeast Asia may now book a Grab ride to the airport via the Singapore Airlines (SIA) mobile app, the two companies announced on Wednesday (Oct 3).  In a joint media release, Grab and SIA said they were integrating their apps to make travelling more convenient for customers in six countries &ndash Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.  After adding their trip to the SIA app, customers will be able to see the Grab option starting from seven days before their flight. Choosing this option will redirect them to the Grab app, where the airport will be automatically listed as the destination.  http://www.channelnewsasia.com/news/business/singapore-airlines-grab-announce-tie-up-9274568 |
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seba240698
Senior |
03-Oct-2017 14:27
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I think also about car loan, as mentioned in the business times. If individual, buy cars can take Max 50% loan only, but company I think can take 100% loan. | ||||
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kangaroo11
Veteran |
03-Oct-2017 14:17
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For tax purposes lol. Register and open under new company, 1st 100k income tax free for 3yrs, above 100k income 50% rebate. Under individual, no where to run, driving income in addition to employment income, immediately hit higher tax bracket, If not u think LTA so good ah lol.
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investshare
Supreme |
03-Oct-2017 14:16
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Haha never thought of that.
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kangaroo11
Veteran |
03-Oct-2017 14:14
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For tax purposes lol. Register and open under new company, 1st 100k income tax free for 3yrs, after that 50%. Under individual, no where to run, driving in addition to employment income, immediately hit higher tax bracket, If not u think LTA so good ah lol.
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destinykraze
Elite |
03-Oct-2017 12:43
Yells: "Reality is only a matter of perception" |
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Expected drop.. Mid-Long term : CDG bearish.  BBs was pumping it, but it seems like shortists was preparing for the push back.    |
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seba240698
Senior |
03-Oct-2017 12:17
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Govt extinguished Ba Ong Chia (BOC, private hired cars) 40 years back, today it encourages PHC (private hired cars)! BOC before PHC, Ba Ong Chia before Pa Hong Chia??
I salute you, my govt!
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seba240698
Senior |
03-Oct-2017 11:57
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"Ho"? "Chimp" ah! | ||||
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sengsk
Elite |
03-Oct-2017 11:43
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" Ho...Ho...Hooo " You know what I mean ?
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