logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Investor Insights Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back
First   < Newer   141-160 of 9396   Older>   Last  
Latest Forum Topics / ComfortDelGro    Last:1.29 --  Post Reply
SEMBMARINE - A NEW CHAPTER - DEMERGED

seba240698
Senior
13-Dec-2017 14:32     
 
seba240698 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Like that call stable?

It seems like got alliance like no alliance, no diff.

Back to square one.

Now I just hope devidends won' t be cut.
 Useful To Me  Not Useful To Me
shyeo1223
Master
13-Dec-2017 14:27     
 
shyeo1223 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		After lunch seems quite stable.
 Useful To Me  Not Useful To Me


angmohlin
Veteran
13-Dec-2017 14:18     
 
angmohlin About Contact  Quote this Post! Style: Combined  
  x 0
  x 0

 Alert Admin 		Ultimately CDG shall drop to 1.68 the important level.
 Useful To Me  Not Useful To Me
GIP689
Member
13-Dec-2017 14:11     
 
GIP689 About Contact  Quote this Post!  
  x 0
  x 1

 Alert Admin 		......
 Useful To Me  Not Useful To Me
FATABA
Supreme
13-Dec-2017 14:02     
 
FATABA About Contact  Quote this Post! Style: Combined   Mood: peace
  x 0
  x 0

 Alert Admin 		Spending that amt of $M on a dep asset does not really helps CDG ? Esp its profit and now they hv a lot of asset to worry abt ( rental out ? )
At the end what is more likely wld be the bottom line ? ( as dividend depends on good margin )
Definately not a good use of $$ w Uber against Grab.
Again , the next few qtr of results will tell more.

guards80      ( Date: 13-Dec-2017 13:50) Posted:

Here' s another drag to ComfortDelGro' s profits from its Uber tie-up



Its promotional rental rates of $38-$50 a day are too high.

ComfortDelGro Corporation' s (CDG) earnings may be dragged by its acquisition of a 51% stake in Uber' s subsidiary Lion City Holdings (LCH), DBS Equity Research said.

According to an analysis, its advertised promotional rental rates ranging from $38-$58 a day is not profitable for the firm.

However, assuming there is harmonisation in rental rates and the promotional rates are subsidized by Uber, LCH may still be able to make 1-4% profits.

However, this does not take into account significant cuts in rental rates for taxis.

" While we understand that CDG has introduced various schemes in a bid to be more competitive against private hire vehicles (PHV) rental companies, the rental gap between taxis and PHV remains," said DBS analyst Andy Sim.

At this stage, it is unclear if rental rates would move closer, with a narrower gap between the two categories, Sim added.

Moreover, DBS Equity Research forecasts a 12% fall in taxi revenue in Singapore in 2018, following a similar 12% for the year. 

 Useful To Me  Not Useful To Me


MonkeyKingGod
Senior
13-Dec-2017 14:02     
 
MonkeyKingGod About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		I think this alliance doesnt make sense.

If I am comfort, i rather look into other areas for growth (i.e. SPH going into nursing home) 

or lower rental to attract more drivers, either way , the share price will still fall, but they are able to put more cars on roads, rather than burning cash like grab/Uber

or dig LKY from grave back to the days that private car are banned.haha
 Useful To Me  Not Useful To Me
destinykraze
Elite
13-Dec-2017 13:55     
 
destinykraze About Contact  Quote this Post!  
Yells: "Reality is only a matter of perception"
  x 0
  x 0

 Alert Admin 		Everyone knows comfortdelgro, long term is bearish, until uber/grab burst(very unlikely).
The question is whether the current price is cheap enough for investors to buy. I expect dividends to drop to 3% @ $1.90.
I prefer to enter around $1.8x or lower. Otherwise there is no value to buy if you offset the negatives.

guards80      ( Date: 13-Dec-2017 13:50) Posted:

Here' s another drag to ComfortDelGro' s profits from its Uber tie-up



Its promotional rental rates of $38-$50 a day are too high.

ComfortDelGro Corporation' s (CDG) earnings may be dragged by its acquisition of a 51% stake in Uber' s subsidiary Lion City Holdings (LCH), DBS Equity Research said.

According to an analysis, its advertised promotional rental rates ranging from $38-$58 a day is not profitable for the firm.

However, assuming there is harmonisation in rental rates and the promotional rates are subsidized by Uber, LCH may still be able to make 1-4% profits.

However, this does not take into account significant cuts in rental rates for taxis.

" While we understand that CDG has introduced various schemes in a bid to be more competitive against private hire vehicles (PHV) rental companies, the rental gap between taxis and PHV remains," said DBS analyst Andy Sim.

At this stage, it is unclear if rental rates would move closer, with a narrower gap between the two categories, Sim added.

Moreover, DBS Equity Research forecasts a 12% fall in taxi revenue in Singapore in 2018, following a similar 12% for the year. 

 Useful To Me  Not Useful To Me
guards80
Supreme
13-Dec-2017 13:50     
 
guards80 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

Here' s another drag to ComfortDelGro' s profits from its Uber tie-up



Its promotional rental rates of $38-$50 a day are too high.

ComfortDelGro Corporation' s (CDG) earnings may be dragged by its acquisition of a 51% stake in Uber' s subsidiary Lion City Holdings (LCH), DBS Equity Research said.

According to an analysis, its advertised promotional rental rates ranging from $38-$58 a day is not profitable for the firm.

However, assuming there is harmonisation in rental rates and the promotional rates are subsidized by Uber, LCH may still be able to make 1-4% profits.

However, this does not take into account significant cuts in rental rates for taxis.

" While we understand that CDG has introduced various schemes in a bid to be more competitive against private hire vehicles (PHV) rental companies, the rental gap between taxis and PHV remains," said DBS analyst Andy Sim.

At this stage, it is unclear if rental rates would move closer, with a narrower gap between the two categories, Sim added.

Moreover, DBS Equity Research forecasts a 12% fall in taxi revenue in Singapore in 2018, following a similar 12% for the year. 
 Useful To Me  Not Useful To Me


oldcoconut
Senior
13-Dec-2017 13:50     
 
oldcoconut About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Hope will not drop to 1.8 n below. Thks for yr advice.

destinykraze      ( Date: 13-Dec-2017 13:47) Posted:

1.85 range will see rebound.

oldcoconut      ( Date: 13-Dec-2017 13:42) Posted:

Do u think it will get to 1.80 or lower
 Useful To Me  Not Useful To Me
destinykraze
Elite
13-Dec-2017 13:47     
 
destinykraze About Contact  Quote this Post!  
Yells: "Reality is only a matter of perception"
  x 0
  x 0

 Alert Admin 		1.85 range will see rebound.

oldcoconut      ( Date: 13-Dec-2017 13:42) Posted:

Do u think it will get to 1.80 or lower?

oldcoconut      ( Date: 13-Dec-2017 13:36) Posted:

Sorry what u mean?Sirs, what lowest u think it can get?


 Useful To Me  Not Useful To Me
oldcoconut
Senior
13-Dec-2017 13:42     
 
oldcoconut About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Do u think it will get to 1.80 or lower?

oldcoconut      ( Date: 13-Dec-2017 13:36) Posted:

Sorry what u mean?Sirs, what lowest u think it can get?

Tommy12356      ( Date: 13-Dec-2017 13:27) Posted:

Up lorry already ..
 Useful To Me  Not Useful To Me
oldcoconut
Senior
13-Dec-2017 13:36     
 
oldcoconut About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Sorry what u mean?Sirs, what lowest u think it can get?

Tommy12356      ( Date: 13-Dec-2017 13:27) Posted:

Up lorry already ...

oldcoconut      ( Date: 13-Dec-2017 13:04) Posted:

will the price go down to $1.80 soon?i plan to buy
 Useful To Me  Not Useful To Me


Tommy12356
Master
13-Dec-2017 13:27     
 
Tommy12356 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Up lorry already ...

oldcoconut      ( Date: 13-Dec-2017 13:04) Posted:

will the price go down to $1.80 soon?i plan to buy.

alexchew      ( Date: 13-Dec-2017 12:53) Posted:

as what the market says, its not a good investment by comfort. It' s a lose situation.. You go beg them to collaborate, still expect candies meh? It' s a loss making business yet still only discount 10% from NAV.. Why NAV in the first place when you should be doing CF analysis based on payback for such acquisitions... Cars have short period of lifespan, and with the fast changing environment, whatever NAV is too good to be true also.... Impairments necessary? Same as its own taxi fleet... This sort of questions should be answered.. And the additional cost in terms of marketing/promo/ rental reversion rates for taxi to PHV, all these cost did not appear. No synergy savings mentioned at all as well.. Not sure how and when, but most likely, i remain in the same position that a dividend cut will be necessary to conserve cash to fight this long battle...
 Useful To Me  Not Useful To Me
oldcoconut
Senior
13-Dec-2017 13:04     
 
oldcoconut About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		will the price go down to $1.80 soon?i plan to buy.

alexchew      ( Date: 13-Dec-2017 12:53) Posted:

as what the market says, its not a good investment by comfort. It' s a lose situation.. You go beg them to collaborate, still expect candies meh? It' s a loss making business yet still only discount 10% from NAV.. Why NAV in the first place when you should be doing CF analysis based on payback for such acquisitions... Cars have short period of lifespan, and with the fast changing environment, whatever NAV is too good to be true also.... Impairments necessary? Same as its own taxi fleet... This sort of questions should be answered.. And the additional cost in terms of marketing/promo/ rental reversion rates for taxi to PHV, all these cost did not appear. No synergy savings mentioned at all as well.. Not sure how and when, but most likely, i remain in the same position that a dividend cut will be necessary to conserve cash to fight this long battle...
 Useful To Me  Not Useful To Me
alexchew
Master
13-Dec-2017 12:53     
 
alexchew About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		as what the market says, its not a good investment by comfort. It' s a lose situation.. You go beg them to collaborate, still expect candies meh? It' s a loss making business yet still only discount 10% from NAV.. Why NAV in the first place when you should be doing CF analysis based on payback for such acquisitions... Cars have short period of lifespan, and with the fast changing environment, whatever NAV is too good to be true also.... Impairments necessary? Same as its own taxi fleet... This sort of questions should be answered.. And the additional cost in terms of marketing/promo/ rental reversion rates for taxi to PHV, all these cost did not appear. No synergy savings mentioned at all as well.. Not sure how and when, but most likely, i remain in the same position that a dividend cut will be necessary to conserve cash to fight this long battle...
 Useful To Me  Not Useful To Me
john_ric
Supreme
13-Dec-2017 12:04     
 
john_ric About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		not surprising  if price breaks $1.89 downwards.

​ .

john_ric      ( Date: 13-Dec-2017 10:03) Posted:

1.9x again.

john_ric      ( Date: 13-Dec-2017 00:05) Posted:

as expected.

​ shortists emerge to eat the meat
 Useful To Me  Not Useful To Me
investshare
Supreme
13-Dec-2017 12:02     
 
investshare About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Now back to where it was. I think market will help CDG write off the $300m.
 Useful To Me  Not Useful To Me
lovetoshare
Elite
13-Dec-2017 11:42     
 
lovetoshare About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Comfort wants to win also easy.
Backing so strong.
past years of profit can bring it out to wack competitors and take more market shares.
 Useful To Me  Not Useful To Me
investshare
Supreme
13-Dec-2017 11:21     
 
investshare About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Don?t understand why some think Uber deal is good.
 Useful To Me  Not Useful To Me
destinykraze
Elite
13-Dec-2017 10:55     
 
destinykraze About Contact  Quote this Post!  
Yells: "Reality is only a matter of perception"
  x 0
  x 0

 Alert Admin 		comfortdelgro pretty nice to offer exit to investors. news not good. but it went up. now coming down fast.
 Useful To Me  Not Useful To Me
                                                         First   < Newer   141-160 of 9396   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.