| Latest Forum Topics / ComfortDelGro Last:1.29 -- |
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Rex revival
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halleluyah
Supreme |
08-Sep-2025 09:28
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slowly heading back to 1.60....... | ||||
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beng1102
Elite |
05-Sep-2025 20:26
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This week. Short sell is 46.69% but price gain +0.02.
Period / short volume /volume traded / short % / Net Gain
20250901 - 20250905 29747700 63706300 46.6950678347 0.02
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investshare
Supreme |
05-Sep-2025 16:19
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But isn?t Tesla will run its own fleet?
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beng1102
Elite |
05-Sep-2025 10:31
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Sovereign wealth fund owns a big stake in Olam. As for YZJ Fin there seem no direct link but if u look into detail there seem to be some kind of relationship with the associate investment arm.
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Winnertakeall
Elite |
05-Sep-2025 09:18
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The target price for ComfortDelGro (C52.SI) from analysts varies, with recent estimates from September 2025 showing an average target price around S$1.73 to S$1.77, though specific target prices range from S$1.68 to S$1.84 among different institutions. These figures represent potential future prices and come with a mix of " BUY" and " ACCUMULATE" ratings, indicating a generally positive outlook from the analyst community.
Key Analyst Target Price Information
What This Means for Investors
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MrBear12
Supreme |
05-Sep-2025 07:57
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Yes
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pikachu
Master |
05-Sep-2025 07:51
Yells: "Holy Cow!" |
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CDG can buy? | ||||
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beng1102
Elite |
04-Sep-2025 20:53
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Somehow it seem need to have some kind of direct or indirect link to the sovereign wealth fund.
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JurongW
Elite |
04-Sep-2025 20:42
Yells: "Earnings give weight, Chart give wings" |
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https://links.sgx.com/1.0.0/corporate-announcements/GKUNUU9F5B931QOG/858267_20250904%20Straits%20Times%20Index%20STI%20quarterly%20review%20September%202025.pdf ComfortDelogro has exited the STI reserve list.
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beng1102
Elite |
04-Sep-2025 20:05
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Yes just buy and hold. Such as global company will get back into STI index component.
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Winnertakeall
Elite |
04-Sep-2025 09:09
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-Is ComfortDelGro a buy for dividend investors in 2025? https://youtu.be/axi8TQEflZo?si=Cn8IoTFFCd065rTv |
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Louistan
Senior |
03-Sep-2025 17:39
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When govt allows Robotaxis, each cab company will likely be allowed to convert a percentage of their taxis to Robotaxis. Why do you think Grab went into taxi business? They are all eyeing the introduction of Robotaxis. Instead of leasing out taxis at $100 a day, they will be pocketing what 2 shifts of taxi drivers are earning per taxi. After setting aside a portion for their Robotaxi supplier, they will easily be earning around $600-$700 a robotaxi per day.
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investshare
Supreme |
03-Sep-2025 17:02
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Why not just use that money to buy new car?
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Delvyss
Elite |
03-Sep-2025 16:40
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Singapore Stock Market Update: ComfortDelGro Acquisition, Oxley Holdings Turnaround & Institutional Fund Flows &ndash September 2025 Insights 1https://www.minichart.com.sg/2025/09/02/singapore-stock-market-update-comfortdelgro-acquisition-oxley-holdings-turnaround-institutional-fund-flows-september-2025-insights-1/ |
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Jiyaji
Senior |
03-Sep-2025 07:27
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IMHO Book value depends on whose book and when the asset was bought (HDB or Car) Looks like STE had CityCab at purchase cost less amortization and depreciation. Similarly if HDB bought after balloting for BTO in 2020 at say $500K will be at a lower Book Value to the new Owner ... but at $1 mill for a resale purchaser in 2025 after MOP..
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beng1102
Elite |
02-Sep-2025 23:16
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Strong buy when open tomorrow. Short selling has fallen way below the average. Most importantly from the chart it simply looks bullish.
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EddieLeong
Member |
02-Sep-2025 22:24
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It is perfectly fine to have different views after all, a willing seller is necessary for us to buy at the current price.
ComfortDelGro full acquisition of CityCab appears to be a positive move, helping to cushion the impact of the Paris Line delay until end 2026 (which contributed to the recent drop from a high of $1.64 to $1.43 after ex-dividend). More importantly, the full acquisition gives them the ability to make changes that would have been difficult without 100% ownership. I will be watching closely to see what strategies they roll out to counter Grab and Gojek. I am invested and waiting patiently.
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Alignment
Elite |
02-Sep-2025 20:34
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Alamak how much they paid for Addison Lee... | ||||
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Guzman
Member |
02-Sep-2025 18:23
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Equating vehicles with houses? I rest my case. Please continue investing in Comfortdelgro at your own perils. Good luck.
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Joelton
Supreme |
02-Sep-2025 18:12
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ComfortDelGro buys rest of CityCab shares for S$116.3 million from ST Engineering unit
The sale shares were valued at S$98.9 million
[SINGAPORE] Transport giant ComfortDelGro : C52 +1.38% (CDG) acquired on Monday (Sep 1) all of ST Engineering Land Systems&rsquo shares in taxi operator CityCab for a total purchase consideration of S$116.3 million.
CityCab was a joint venture between CDG, which owned 53.5 per cent, and the ST Engineering : S63 -0.91% unit, which held the remaining 46.5 per cent stake.
CityCab has been managed by CDG since 2005 as part of the latter&rsquo s local taxi business. It is now a wholly owned subsidiary of the mainboard-listed company.
In a bourse filing, CDG said: &ldquo Full ownership will strengthen the group&rsquo s core point-to-point business in Singapore and allow the group to better integrate and shape its global point-to-point business, adapting to market demands and boosting profit contribution.&rdquo
It expects the acquisition to be earnings accretive.
Based on a jointly commissioned Aug 25 report by Deloitte & Touche Financial Advisory Services, both parties agreed on a valuation of S$98.9 million for the sale shares as at Jun 1, before arriving at the final S$116.3 million figure &ndash which has been paid in full and was funded through CDG&rsquo s bank facilities.
CDG noted that the net tangible asset and book value attributable to ST Engineering Land Systems&rsquo shares in CityCab is around S$37.4 million, based on the taxi operator&rsquo s audited financial statements for its financial year ended Dec 31, 2024.
It added that the acquisition is not expected to have any material impact on its net tangible assets or earnings per share for its financial year ending Dec 31, 2025.
For ST Engineering, the divestment will result in cash proceeds of S$116.3 million and translates to an enterprise value or earnings before interest, tax, depreciation and amortisation (Ebitda) multiple of 5.5 times based on CityCab&rsquo s unaudited Ebitda in the last 12 months for the period ended May 31, it said.
The net tangible asset value and the book value attributable to its sale shares was around S$36 million, added ST Engineering.
The group expects the divestment to result in a one-off gain on disposal of about S$77.2 million for the current financial year.
ST Engineering added that its share of CityCab&rsquo s net profit for 2024 stood at S$8.7 million, and that the taxi operator&rsquo s revenue was not consolidated into its financials since CityCab was equity accounted.
The company noted that it will use the proceeds of the sale to pay down its debt, which will result in interest expense savings of some S$4 million on an annualised basis.
CityCab began in 1995 with the merger of the taxi operations of the former Singapore Bus Service and Singapore Technologies Automotive, which in 1997 merged into ST Engineering.
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