| Latest Forum Topics / ComfortDelGro Last:1.29 -- |
 Post Reply
|
|
COMFORT DELGRO - MOVING FORWARD
|
|||||
|
TikTalk
Supreme |
13-Jul-2022 18:25
Yells: "Anyone miss me?" |
||||
|
x 0
x 0 Alert Admin |
https://links.sgx.com/1.0.0/corporate-announcements/FSKE9T1I30UOHEO8/723577_ComfortDelGro-Media%20Release-CDG%20Broadens%20Irish%20Inter-City%20Coach%20Footprint%20with%20Latest%20Acquisition.pdf | ||||
| Useful To Me Not Useful To Me | |||||
|
Farmer
Master |
06-Jul-2022 19:12
|
||||
|
x 0
x 0 Alert Admin |
Hmm..looks like this one the handbrake is still on, may need a longer runway for it to finally take off. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Conman
Elite |
06-Jul-2022 18:49
|
||||
|
x 0
x 0 Alert Admin |
Haha Bro Big Braggart I was expecting you to appear because you ate one of the very few who is willing to learn from me 🙄 . Most people would just hope that I shut up so that they can talk cock and sing song to lure others to buy and get stuck with this Zoom Bee.
Yes Lunar Panel will be the in-thing. For Solar panels, you need to put them on some roof or sea surface or desert or open ground. For Lunal Panel, -- you only need to put them on the moon surface which faces the sun and you will get 24 hour supply of sun energy everyday. This is souble beyyer than Solar Panels, which you can use only 12 hours a day. But you will need a Green Farm to convert the moon light to usesable energy. Moon light is delivered in containers by the astronauts to the Green Farms where scientists will add some very complicated chemicals called H20 and Hot Air and shake them for 2 mins before they are stored in the charging stations, ready to CHARGE!!! 🤣 🤣 🤣
|
||||
| Useful To Me Not Useful To Me | |||||
|
kiseki_2818
Master |
06-Jul-2022 14:24
|
||||
|
x 0
x 0 Alert Admin |
er..20ct green con face. u outdated liao, now ppls already in lunar panels, can make use of lunar & solar power. so happy to see everyone so lively and having fun here. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
Conman
Elite |
28-Jun-2022 12:32
|
||||
|
x 0
x 0 Alert Admin |
Hahahahaha Joelton and Guru, both you will never give up 🤣 🤣 🤣 | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Joelton
Supreme |
28-Jun-2022 10:51
|
||||
|
x 0
x 0 Alert Admin |
UOB Kay Hian positive on ComfortDelGro with new Australian contract
UOB Kay Hian analyst Llelleythan Tan has kept a &ldquo buy&rdquo rating on ComfortDelGro Corporation (CDG) with a higher target price of $1.73 from $1.66 previously.
Tan&rsquo s higher target price is pegged to its average five-year mean P/E of 16.4x. The estimated target price is due to in part to higher 2022 earnings forecasts from CDG&rsquo s new public bus service contract in Australia&rsquo s Northern Territory.
On June 2, CDG&rsquo s wholly-owned subsidiary, ComfortDelGro Corporation Australia (CDC) had been awarded a six-year contract to solely operate public bus services in the Northern Territory. The contract areas cover a significant part of Northern Territory&rsquo s network which includes Darwin and Palmerston, with 170 buses operating across 180 bus routes.
&ldquo Expected to commence on July 1, the contract is estimated to be worth around A$220 million ($211.5 million). Based on our estimates, this new bus contract would boost our 2022-24 patmi estimates by 2-3%,&rdquo Tan writes.
As such, Tan has upped his patmi forecast for the FY2022 to FY2024 by 2% to 3% after accounting for new earnings contribution from the Northern Territory contract.
Further to his report dated June 27, Tan is positive on the SGX-listed company. In addition to the Australian contract win, Tan also cited the improving rail ridership due to Singapore&rsquo s relaxation of Covid-19 measures, as a positive factor in CDG&rsquo s outlook.
&ldquo From April 26, Singapore&rsquo s authorities announced the easing of most of its social distancing measures. Some of the relaxed measures include the removal of group size limits, safe distancing no longer being mandatory and 100% of workers are now allowed to return to their respective workplaces,&rdquo says Tan.
&ldquo Furthermore, Singapore&rsquo s international borders have fully reopened, welcoming back tourists. Backed by a population that is almost fully vaccinated, these favourable tailwinds would help underpin CDG&rsquo s public transport and taxi earnings as mobility improves,&rdquo he adds.
SBS Transit, CDG&rsquo s 75%-owned subsidiary and a public transport operator in Singapore, experienced a strong recovery in rail ridership for May, seeing 56.8% year-on-year (y-o-y) and 4.6% month-on-month (m-o-m) increases. This forms 81% of pre-pandemic levels for May 2019.
&ldquo We reckon that this is due to more office workers returning to office spaces and the removal of dine-in group size limits. According to [the] Land Transport Authority (LTA), passenger demand for point to point trips has gradually improved, albeit seeing slight dips due to Covid-19 outbreaks. Overall, we expect rail and taxi ridership to reach near pre-pandemic levels by 1QFY2023,&rdquo explain the analysts.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Entropy72
Master |
28-Jun-2022 10:16
|
||||
|
x 0
x 0 Alert Admin |
UOB Kay Hian analyst Llelleythan Tan has kept a ?buy? rating on ComfortDelGro Corporation (CDG) with a higher target price of $1.73 from $1.66 previously.
Tan?s higher target price is pegged to its average five-year mean P/E of 16.4x. The estimated target price is due to in part to higher 2022 earnings forecasts from CDG?s new public bus service contract in Australia?s Northern Territory. On June 2, CDG?s wholly-owned subsidiary, ComfortDelGro Corporation Australia (CDC) had been awarded a six-year contract to solely operate public bus services in the Northern Territory. The contract areas cover a significant part of Northern Territory?s network which includes Darwin and Palmerston, with 170 buses operating across 180 bus routes. ?Expected to commence on July 1, the contract is estimated to be worth around A$220 million ($211.5 million). Based on our estimates, this new bus contract would boost our 2022-24 patmi estimates by 2-3%,? Tan writes. As such, Tan has upped his patmi forecast for the FY2022 to FY2024 by 2% to 3% after accounting for new earnings contribution from the Northern Territory contract. Further to his report dated June 27, Tan is positive on the SGX-listed company. In addition to the Australian contract win, Tan also cited the improving rail ridership due to Singapore?s relaxation of Covid-19 measures, as a positive factor in CDG?s outlook. ?From April 26, Singapore?s authorities announced the easing of most of its social distancing measures. Some of the relaxed measures include the removal of group size limits, safe distancing no longer being mandatory and 100% of workers are now allowed to return to their respective workplaces,? says Tan. ?Furthermore, Singapore?s international borders have fully reopened, welcoming back tourists. Backed by a population that is almost fully vaccinated, these favourable tailwinds would help underpin CDG?s public transport and taxi earnings as mobility improves,? he adds. SBS Transit, CDG?s 75%-owned subsidiary and a public transport operator in Singapore, experienced a strong recovery in rail ridership for May, seeing 56.8% year-on-year (y-o-y) and 4.6% month-on-month (m-o-m) increases. This forms 81% of pre-pandemic levels for May 2019. ?We reckon that this is due to more office workers returning to office spaces and the removal of dine-in group size limits. According to [the] Land Transport Authority (LTA), passenger demand for point to point trips has gradually improved, albeit seeing slight dips due to Covid-19 outbreaks. Overall, we expect rail and taxi ridership to reach near pre-pandemic levels by 1QFY2023,? explain the analysts. |
||||
| Useful To Me Not Useful To Me | |||||
|
vivacious
Supreme |
23-Jun-2022 13:22
|
||||
|
x 0
x 0 Alert Admin |
yes got in 10 lots 137 w cpf, waiting for another 5 at 136. grab before its too lateee
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
ahbui8
Master |
23-Jun-2022 12:48
|
||||
|
x 0
x 0 Alert Admin |
The current price look so attractive | ||||
| Useful To Me Not Useful To Me | |||||
|
vivacious
Supreme |
23-Jun-2022 09:22
|
||||
|
x 0
x 0 Alert Admin |
hibernating this one.. | ||||
| Useful To Me Not Useful To Me | |||||
|
Conman
Elite |
21-Jun-2022 07:57
|
||||
|
x 0
x 0 Alert Admin |
Yes ConBao, thanks for sharing 🥱 . I have checked. The latest solar panels are as small as a ATM card and can be kept in a wallet. One card can charge 7,500.electric taxis, each in no more than one minute.
Clap clap clap, clap clap clap for you the ConBao 🤓 |
||||
| Useful To Me Not Useful To Me | |||||
|
justicebaogaliao
Veteran |
20-Jun-2022 22:26
|
||||
|
x 0
x 0 Alert Admin |
Maluman, only a malubrain like yours will suggest putting solar panels on top of buildings to power a toilet 🤣 No wonder the Ceo fired you on the next day! Do you see any solar panels on top of our 5 water treatment plants? https://www.reuters.com/business/energy/singapore-unveils-one-worlds-biggest-floating-solar-panel-farms-2021-07-14/
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Conman
Elite |
20-Jun-2022 18:05
|
||||
|
x 0
x 0 Alert Admin |
Guru is a good guy not like you. I never day it was his fault that I cant read Engrish. I cant read, that was why I dont believe that
the Shariah Fund will invest in this ZB. And I dont believe that by putting Solar Panels on 3 buildings' roofs, ZB can provide 'green power' to its 7,500 taxis and 60,000 charging stations in Singapore using "Quick Charging' actions. You can read? Go read again. This not I say one. ZB say one 😅 At most, the solar power from its roof can provide charging the CEO's car and light up the toilets 🤪 . Be careful, the so-called multi-function Super App Private Mobility Group with food delivery and restaurant booking no sound no picture, Robotic Taxis going to be quietly forgotten too. Now, solar quick charging of taxi fleet and EV at 60, 000 charging stations. Lets wait to see 🥱
|
||||
| Useful To Me Not Useful To Me | |||||
|
tpohwashere
Veteran |
20-Jun-2022 16:26
|
||||
|
x 0
x 0 Alert Admin |
SoftBank only invests in losers like Grab. And it is not his fault that you can' t read English.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Conman
Elite |
20-Jun-2022 07:32
|
||||
|
x 0
x 0 Alert Admin |
Guru, Dont confuse. It is for in-house use at 3 of its own buildings.
For charging stations, gov has announced that by 2030, Singapore will have a total of 60,000 charging stations. Based on what you posted here, ZB has to-date 479 🤣 The rest are just dreams, imagination, fantacies, until they are realised. |
||||
| Useful To Me Not Useful To Me | |||||
|
Entropy72
Master |
19-Jun-2022 22:40
|
||||
|
x 0
x 0 Alert Admin |
Old news to share with Conman. There is a different between being just an EV user vs making a business out of EV infra.
----- ComfortDelGro in second JV with Engie to provide renewable, solar energy TAN NAI LUN NOV 30, 2021 11:24 AM COMFORTDELGRO Engineering, a wholly-owned subsidiary of mainboard-listed ComfortDelGro , has entered into a second joint venture (JV) with Engie South East Asia to develop and manage solar energy solutions. Through JV company ComfortDelGro Engie Solar, both sides intend to electrify ComfortDelGro's fleet of vehicles with renewable power and offer fast charging solutions to drivers and public electric vehicle (EV) users through renewable energy assets, the transport operator said on Tuesday (Nov 30). The solar JV comes 2 months after the 2 companies' first venture, ComfortDelGro Engie, won a tender to deploy 479 EV chargers across Singapore by the third quarter of 2022. With a target to operate by the second half of 2022, ComfortDelGro Engie Solar intends to first install and operate rooftop solar panels atop 3 buildings at Loyang, Pandan and Ubi, operated by ComfortDelGro Engineering. These solar panels will power the buildings, as well as the company's automotive workshops. The solar JV also plans to offer renewable energy solutions to ComfortDelGro's customers and business partners that are looking to deploy renewable energy to their own buildings. Ang Soo Hock, chief executive of ComfortDelGro Engineering, said: "Beyond the electrification of our vehicle fleets is the need to build charging farms powered by renewable energy on our premises that offer fast charging solutions to our cabbies as well as the public EV users." ComfortDelGro Engie will also leverage on the solar JV to offer EV charging solutions using renewable energy, as part of its pledge to play a major role in deploying 60,000 EV charging points across the Republic under the Singapore Green Plan 2030. Engie South East Asia operates as a cluster under Singapore-headquartered Engie Asia-Pacific, the regional arm of French energy group Engie. Shares of ComfortDelGro were trading at S$1.41 as at 11.07 am on Nov 30, down S$0.02 or 1.4 per cent.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Conman
Elite |
19-Jun-2022 19:38
|
||||
|
x 0
x 0 Alert Admin |
PS : SMRT has the most electric taxis currently. They are very visible on the road. | ||||
| Useful To Me Not Useful To Me | |||||
|
Conman
Elite |
19-Jun-2022 19:34
|
||||
|
x 0
x 0 Alert Admin |
What is the big deal about this so-called "Sustainability"?
In Singapore it is the gov which is driving the sustainability effort by means of policies. Commercial players have no choice but to follow. 1. Taxis : Although registration of diesel cars and taxis will not be allowed wef only 2025, which taxi companies dare to register any diesel taxi now? ZB : It still has a lot of i40 diesel taxis on the road but will soon be replaced. Not many electric taxis now - you hardly see one on the road. SMRT : Since at least 5 years ago, all taxis except a few London Cabs are hybric. London Cabs are for the wheelchair bounds hence they were kept in service. Since last year, all its new taxis are electric. And it has announced last year that in 5 years (now 4), ALL its taxis will be electric. Prime : Since its Day One, it has never owned any diesel taxis. Even the petrol engine taxis have almost fully been teplaced by hyberc cars . Public Buses : This is a business belonging to the gov, who purchases and owns the buses. All the green colour SG❤ buses are state assets. The eletric buses were manufactured by Singapore Technologies. The 3 operators only operate the services and maintain the buses. There are still some old SBS Transit diesel buses on the road but they are being leased back to the gov to fill the shortfalls and are wairing to be scraped. So, who should get the "Sustainability Medals"??? --- The Government, not any taxi or bus operator. |
||||
| Useful To Me Not Useful To Me | |||||
|
Conman
Elite |
19-Jun-2022 14:01
|
||||
|
x 0
x 1 Alert Admin |
Guru why you so bombastic again and again? Me Ah Beng really problem lah😡 . If me dont understand WTF you talking how I comment? If uncles and aunties dont understand WTF you talking how they want to buy and wait for this Shariah Fund to buy up then sell to them? Ate you just guessing or dreaming or alteady you got some insider information?
BTW are you sure this so-called Shariah Fund will invest? Why you never think Temasek or Softbank or HSBC will invest?
|
||||
| Useful To Me Not Useful To Me | |||||
|
Entropy72
Master |
17-Jun-2022 22:23
|
||||
|
x 0
x 0 Alert Admin |
ESG and shariah investing share common ethical motivation and purpose to promote sustainability through investing.
The common purpose between environmental, social and governance (ESG) and shariah investment approaches to do no harm while encouraging sustainable economic activity can theoretically expand the investment universe for ESG investors in leading Islamic markets, according to analysts at CGS-CIMB Research. In their June 14 note, the analysts wrote that securities deemed shariah compliant have been increasing every year ? Bursa Malaysia, Indonesia Stock Exchange, the Stock Exchange of Thailand and Singapore Exchange (SGX) have 80%, 60%, 39% and 20% respectively of their listed companies as shariah-compliant. For SGX-listed companies, the analysts highlighted Keppel Corp, ComfortDelGro (CDG), Netlink NBN Trust and Singapore Telecommunications (Singtel) as some of shariah-compliant companies that are also ESG high performers. At 10.53% weighting, Keppel Corp ranks second among the top 10 constituents of the FTSE ST Singapore Shariah Index. Analyst Lim Siew Khee said sustainability is the core of Keppel Corp?s strategy, commanding above-average scores across various ESG rating indices, including FTSE Russell, MSCI, S&P Global, and Refinitiv. ?Keppel Corp?s 2030 vision clearly articulates its business strategy to address some of the macro ESG trends, such as scaling up its focus areas in renewables, decarbonisation solutions, and sustainable urban renewal,? Lim said. Among others, Keppel Corp signed a definitive agreement with Sembcorp Marine (SCM) to merge Keppel Offshore & Marine with SCM to create a new entity, Bayberry. Lim said Keppel Corp achieved premium valuations for the proposed merger, estimating a 3.8x P/BV valuation compared to SCM?s 1x P/BV prior to the agreement announcement. She is keeping an ?add? on Keppel Corp with a target price of $7.20. CDG is one of the top constituents of the FTSE ST Shariah Index. It is one of four companies in Singapore selected for inclusion in the Dow Jones Sustainability Index and has shown concerted effort to green its business with an increasing proportion of hybrid vehicles, said analyst Ong Khang Chuen. ?CDG was the first mobility operator in the region to commit to the Science Based Target Initiative, an international project to limit global warming to less than 1.5°C above pre-industrial levels. CDG has also demonstrated social efforts by providing its taxi drivers rental waivers and rebates during the Covid-19 outbreak,? he added. CGS-CIMB has an ?add? rating on CDG, expecting further earnings recovery in FY2022 with the easing of pandemic restrictions. Its target price is kept at $1.80, based on 16.8x CY2023 P/E. |
||||
| Useful To Me Not Useful To Me | |||||