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ComfortDelGro
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COMFORT DELGRO - MOVING FORWARD
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Conman
Elite |
20-Nov-2021 23:34
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Guru, people who punt this stock without understanding how SG's public transport system works will lose money. I can see many here and you are one of them
We all know that no MRT operators can make money with only income from the fares even during the best years when people had to stand in the train barely an inch from one another. But as our loving PM said, there is no way that we can return to the pre- Pandemic times. Under the Bus Contracting Model, operators suvive with life-lines from the gov supplying them with tax payers' money. Profit is guaranteed by contracts hence it has nothing to do with the Pandemic. The real threat comes from public opinion which can turn against the idea of paying too much tax money to allow it to throw 2 big dividend parties a year, at SBS level and at HQ level. Bus fares is due to go up immediately while there are already talks in town about GST hike next year. If SBS has to be delisted (like SMRT) or stop throwing dividend parties to satisfy the tax payers, it will have to. I will talk about Taxie tomorrow.
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Entropy72
Master |
20-Nov-2021 22:02
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The relaxation of dining on Monday will boost taxi and public transport takings. But default still WFH till 2022. | ||||
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beng1102
Elite |
18-Nov-2021 19:42
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U r here so long but never pay attention.  Just keep talking only.  Other' s post u have no impression.
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Conman
Elite |
18-Nov-2021 18:13
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Guru, you must reveal which big funds would park fund in a public transport contractor despite the so-called 'sustainability' hot air.
My TP of 20c is for 2026. This will happen when, 1 Australia implement Bus Contracting Model 2. SBS Transit get delisted due to public pressure to stop its dividend party 3 SMRT to take over all the public transport jobs to help save tax-payers' money.
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Conman
Elite |
18-Nov-2021 18:03
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Bro Beng, as far as I can remember, you were the only one always talking about SIA going up means Zoom Bee will go up.
But how can that be possible? SIA is a National Airline held in majority by Temasek and the gov will not let it fail. Zoom Bee is just a taxi company holding a public transport contractor and is not vested by any big fund except Black Rock (7%?). Its contract with the SG gov is due for renewal by 2026 and there is no guarantee that it will be renewed. The immediate risk is its Australian business which it has gone in very big. You must pray that Australia wouldnt adopt the bus contracting model FOREVER. We have seen how Hyflux, which provided the most essential product to several gov, failed, and no gov lended a hand to help. Would any one help Zoom Bee if it lands into trouble? Is there a risk management guy in Zoom Bee's office?
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brchkho1
Master |
18-Nov-2021 16:54
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There are people trying to collect CDG at bargain or holding a short position, worrying any positive news to bring up the prices lah.
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Entropy72
Master |
18-Nov-2021 14:39
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Conman, I am only sharing news even if it is not earth shaking. You also never give up on attacking CDG (except you dont mention 20 cents much nowadays)  ![]() In case you are not aware, sustainability is increasingly becoming a criteria for funds looking to park their money.  
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beng1102
Elite |
18-Nov-2021 14:39
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Didn' t u read the early post someone from your side claimed that SIA and CDC move up and down together.  Please wakeup and review earlier post.
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Conman
Elite |
18-Nov-2021 14:36
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Brother Beng😡 , How many times must I tell you taxi companies dont earn from the Ang Mo flying in by SIA Business Class or Firt Class! They earn from the Merdeka Taxi Uncles! 🤣
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Conman
Elite |
18-Nov-2021 14:20
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Hahahahaha Guru, You will never give up 😆 .
What is the potential profit for this NUS ferry service? $1 a year? But it is still safer than investing in a foreign country's public bus service. Anytime garmen in other countries change policies Zoom Bee can lose its underwear 🤣 . By the way what is that World Sustainability Index? Can make money?
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Entropy72
Master |
18-Nov-2021 12:25
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* ComfortDelGro?s wholly-owned private bus company, ComfortDelGRo Bus, wins S$30 million contract to operate the shuttle service at the National University of Singapore.
? ComfortDelGro?s continued commitment to sustainability is also reflected in the third consecutive year of inclusion in the Dow Jones Sustainability Index Asia Pacific (DJSI Asia Pacific). |
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beng1102
Elite |
18-Nov-2021 10:55
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SIA now appears in top gainers and top volume watchlist, I think CDC will join the list soon
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Speediman
Veteran |
17-Nov-2021 22:54
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Bot 40 lots at 1.52.  | ||||
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TigerPlay
Master |
17-Nov-2021 11:51
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TRue oso, this counter should be safer lar, then say SCM or SIA who are bleeding still | ||||
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Starship
Supreme |
17-Nov-2021 10:49
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![]() ![]()
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john_ric
Supreme |
17-Nov-2021 10:42
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Inching back. | ||||
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invest8
Senior |
17-Nov-2021 10:01
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Tortoise crossing the road.. 
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Singpost
Master |
17-Nov-2021 08:58
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This counter still weak ... need to settle for a while before interest back
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odebrecht
Member |
16-Nov-2021 22:45
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I queue 150 since last Friday, until now also haven' t get too.
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Buradin
Veteran |
16-Nov-2021 22:09
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Both my counters are snail at the moment. Singtel and CDG. Take 3 steps forward and 4 steps back. But I am still happy with both la... hahah
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