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Latest Forum Topics / ComfortDelGro    Last:1.29 --  Post Reply
ComfortDelGro fundamentally strong but price weak
KiLrOy
Elite
13-Sep-2017 21:44     
 
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Yells: "I buy only what I can see."
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 Alert Admin 		the recent ' elected president' was also not elected. :)
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sengsk
Elite
13-Sep-2017 21:34     
 
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 Alert Admin 		Their IPO in Singapore will not approve.

KiLrOy      ( Date: 13-Sep-2017 21:32) Posted:

I doubt they will go for IPO for a long long while. The have huge funds pouring in.   The time when they IPO , is the probably a worrying time as they probably can' t sustain and that other Funds have already left them, So if they do IPO couple years from now with unchange framework and strategy and not need innovation, I doubt I will seriously invest in them,
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KiLrOy
Elite
13-Sep-2017 21:32     
 
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Yells: "I buy only what I can see."
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 Alert Admin 		I doubt they will go for IPO for a long long while. The have huge funds pouring in.   The time when they IPO , is the probably a worrying time as they probably can' t sustain and that other Funds have already left them, So if they do IPO couple years from now with unchange framework and strategy and not need innovation, I doubt I will seriously invest in them,
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BetterStill
Veteran
13-Sep-2017 13:27     
 
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 Alert Admin 		Somehow I am really envious grab and his investors' courage. If one year later they can still run smoothly like this, I am going to quit my job and switch to be a private car driver o someone is asking whether grab will be listed , if they IPO you dare buy? Burn all your monies in a sec.
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KiLrOy
Elite
11-Sep-2017 19:25     
 
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Yells: "I buy only what I can see."
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 Alert Admin 		Technically a double bottoms signal a major rebound.   For it current Px its worth a punt.
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MonkeyKingGod
Senior
11-Sep-2017 14:32     
 
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 Alert Admin 		You can only take short distance like 1-3km when entitled $6 of, PROVIDED   there is:

1) no rain
2) no MRT breakdown
3) off peak hours
4) switch to grabshare, cos now they dont have much business during off peak, you are not in a rush and you will still alone in the car, which makes no difference
5) you need to toggle your pick up point around your area as taking from the same area, the price will increase or when too many people take from that area
6) Note that the fare actually slowly increase which is more expensive than taxi

but when the surge/MRT down/ Raining come, 1km can cost you $11- $14, else take taxi. Long distance take grabtaxi more worth it, justgrab is for non peak.

Spoke to some grab, they switch from comfortdelgro cos of the rental, saying the rental kills while grab is flexible, some say dunno how long the promo code can last.

ANYWAY, i use 15*$6 off last week, this week got 20* $5 OFF again. hoot, free breakfast/lunch trip again :D

 

BetterStill      ( Date: 11-Sep-2017 11:11) Posted:

I seldom take justgrab or grabshare nowadays as both seem always more ex than grabtaxi even using the promo code. Not sure how you managed to do so to get free ride. I guess at least got to transfer 5-6 times in order to reach destination B?Think grabhitch is the most cheapest one but got to book at least 10-20 mins in advance.



MonkeyKingGod      ( Date: 06-Sep-2017 16:01) Posted:

might as well like SMRT, sell the whole thing to Temasek, they happy to milk cash, we get compensated.

I still get free rides from Grab. win-wi
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BetterStill
Veteran
11-Sep-2017 11:11     
 
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 Alert Admin 		I seldom take justgrab or grabshare nowadays as both seem always more ex than grabtaxi even using the promo code. Not sure how you managed to do so to get free ride. I guess at least got to transfer 5-6 times in order to reach destination B?Think grabhitch is the most cheapest one but got to book at least 10-20 mins in advance.



MonkeyKingGod      ( Date: 06-Sep-2017 16:01) Posted:

might as well like SMRT, sell the whole thing to Temasek, they happy to milk cash, we get compensated.

I still get free rides from Grab. win-win

rachellee      ( Date: 06-Sep-2017 14:02) Posted:

I suspect privitation might be in the works.
Just a suspicion. 
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investshare
Supreme
07-Sep-2017 08:56     
 
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 Alert Admin 		Can only use master pass, Grab can use any credit card.

bishan22      ( Date: 07-Sep-2017 08:51) Posted:

Comfort apps so secretive... cannot compare price unlike Grab....so friendly to consumers.... 

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bishan22
Supreme
07-Sep-2017 08:51     
 
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 Alert Admin 		Comfort apps so secretive... cannot compare price unlike Grab....so friendly to consumers.... 
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edwinjup
Supreme
07-Sep-2017 07:49     
 
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 Alert Admin 		Dtl3 coming next month will help comfort mrt....but more taxi will return...
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investshare
Supreme
07-Sep-2017 07:47     
 
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From Grab ... CDG when are you fighting back?


Can you survive the ride?

This September, we?re partnering with Universal Studios Singapore? to give you an exclusive pre-Halloween Horror Nights experience.

For one night only, join us for an exclusive in-car scare experience!

Date: This Friday, 8th Sept 2017
Time: 8pm - 1am
No. of participants per ride: 2
Pick-up/ Drop-off Venue: VivoCity

*Each ride is 20 mins. After the scare, we'll drop you back off at VivoCity. But we can?t guarantee you?ll ever be the same again?




As your reward for surviving the ride, you will receive 2 complimentary tickets and express passes to Universal Studios Singapore Halloween Horror Nights 7 for 13 October 2017!
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mrwise
Supreme
07-Sep-2017 01:10     
 
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 Alert Admin 		$1.80 coming very soon...

If this is broken, can easily go down towards $1.30...

Watch the show...many using Grab taxi nowsaday...so u should know who is the winner...

mrwise      ( Date: 05-Sep-2017 22:38) Posted:

Run... should be lowering to $1.80 soon...
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KiLrOy
Elite
06-Sep-2017 23:25     
 
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Yells: "I buy only what I can see."
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Toyota funds Grab, gears up for fleet data analysis

http://sbr.com.sg/transport-logistics/more-news/toyota-funds-grab-gears-fleet-data-analysis
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MonkeyKingGod
Senior
06-Sep-2017 16:01     
 
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 Alert Admin 		might as well like SMRT, sell the whole thing to Temasek, they happy to milk cash, we get compensated.

I still get free rides from Grab. win-win

rachellee      ( Date: 06-Sep-2017 14:02) Posted:

I suspect privitation might be in the works.
Just a suspicion. 

sbscap      ( Date: 06-Sep-2017 13:58) Posted:

Maybe sell taxi service to temasek. Lol
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FreedomAngelz
Veteran
06-Sep-2017 14:14     
 
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 Alert Admin 		Round 1: Grab vs CDG + Uber Alliance.......FIGHT!
 
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rachellee
Senior
06-Sep-2017 14:02     
 
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 Alert Admin 		I suspect privitation might be in the works.
Just a suspicion. 

sbscap      ( Date: 06-Sep-2017 13:58) Posted:

Maybe sell taxi service to temasek. Lol
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sbscap
Master
06-Sep-2017 13:58     
 
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 Alert Admin 		Maybe sell taxi service to temasek. Lol
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sengsk
Elite
06-Sep-2017 12:55     
 
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 Alert Admin 		CD good time is OVER inorder to compete, The only way is to cut down meter pricing rate .
Forget about your greedy book call additional cost.
Now, its time for you to implement new system pricing and move on.
Coorperate with SingPost on Log. Delivery as well lower your rental rate.
You CD need to change or society will change you off without knowing what is ComfortDelgro near future.
Nothing is Impossible, Better prepare yourself Possible and move on.
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alexchew
Master
06-Sep-2017 11:35     
 
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 Alert Admin 		what' s new? Comfort will need to dispose off their taxi business most likely.. else, they will be dragged into a massive " promotional campaigns" with their new ally.. " Uber has money to burn, but comfort? lol.. they are wrong to take sides. If grab starts to ban all comfort even from their grab taxi app, wonder how many more will switch or just go over to drive private cars.. U can use both apps when u drive private cars..
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Starship
Supreme
06-Sep-2017 11:21     
 
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Nice article. Looks like Comfort might have chosen a wrong ally:
Fall of Singapore would be beginning of the end for Uber

PUBLISHED:  5:50 PM, SEPTEMBER 5, 2017

HONG KONG &mdash Of all the setbacks during World War II, the one that British Prime Minister Winston Churchill could never really get over was the fall of Singapore. Seventy-five years later, Dara Khosrowshahi shouldn&rsquo t even want to contemplate the costs of surrendering the city&rsquo s ride-hailing market &mdash for that might mean the beginning of the end of Uber Technologies Inc.&rsquo s global empire.

As my colleague Shira Ovide points out, from angry drivers and wary regulators to a sick corporate culture and a founder with outsize voting power, Mr Khosrowshahi, Uber&rsquo s new CEO, has a lot on his plate. Add to that the battle for Singapore.
The enemy is Grab, a regional rival that claims to be the No 1 choice in Singapore, Indonesia, Malaysia, Vietnam, Thailand and the Philippines. On Sunday night (Sept 3), Grab reached out to drivers at ComfortDelGro Corp., Singapore&rsquo s largest taxi company, offering them discounts of almost 50 per cent on rentals if they switch. Although ComfortDelGro shares fell for a second day on Tuesday, it&rsquo s clear who Grab&rsquo s real target is: The attack came after the operator said it was talking to Uber about a partnership.


Mr Khosrowshahi is being dared to an all-out war. If he doesn&rsquo t take up the gauntlet, it&rsquo ll be a repeat of China, where Didi Chuxing forced Uber to throw in the towel.

Singapore is a small market of 5.6 million residents, but 3 million Indonesians came to the island last year to shop and consult with their private bankers and dentists. Add the 1 million visitors from Thailand and Vietnam, and Singapore becomes the beachhead of an emerging single market of more than 600 million. Within the next decade, Malaysia and Singapore will be connected by a 350km-long high-speed train network. People won&rsquo t use different apps at the two ends of their journey. The winner will take all.

But who&rsquo ll emerge victorious? Toyota Motor Corp has invested in both Uber and Grab. The traditional taxi business in Singapore, however, is being forced to choose. Even as ComfortDelGro is thinking of throwing in its lot with Uber, the smaller operators have gone over to Grab&rsquo s camp. http://www.todayonline.com/commentary/fall-singapore-would-be-beginning-end-uber
 
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