| Latest Forum Topics / ComfortDelGro Last:1.29 -- |
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The next journey
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CraigFoo
Elite |
19-Sep-2017 17:58
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Currently on a downtrend mode still. Another stock that outperformed market last year and facing problems now. This is not a year for defensive stocks for sure. Risk on market. | ||||
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john_ric
Supreme |
19-Sep-2017 17:54
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If everyone is taken private and looking at all big t related companies many are going down in terms of profit.
Sgx can close down . Unjustifiable to exist.
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jack2906
Veteran |
19-Sep-2017 17:51
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indeed... data is everything nowadays... those algorithm trader also buy data here and there to predict the market movment or create the market trend...
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NextEvolution
Elite |
19-Sep-2017 17:36
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Although Temasek control CDG, it's overseas investment arm GIC have stakes in Grab & Uber.
Do you think it's better for Temasek to protect our small SG market or let GIC capture as much market share all over the world? |
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Observers
Elite |
19-Sep-2017 17:25
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I suspect probably maybe SBS' s (CDG) higher bid for TEL included a " wee bit" of premium for the political risk of awarding the contract to SMRT at it' s time of distressed operationality. But I would suggest, if so, CDG might have miscalculated the eventual non-event of the PE resulting in minimal risks until the next GE which is not for at least a couple more years, by which time I expect SMRT' s legacy MRT lines to be running smoothly. On a less conspiratory note, it could all have been a calculated move by CDG. If SBS wins the TEL contract, it would mean a lot more CAPEX for SBStransit and a substantial reduction of cashflow in the form of dividends filling up CDG' s warchest for the taxi battle going forward. I guess SBS' s bid took into account the needs of its parent company. Whether they win on a fat contract or lose to SMRT' s cut throat prices, ultimately it' d not impact CDG' s plan of (counter)attack.
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sgtrader18
Veteran |
19-Sep-2017 14:51
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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China got history that the gov want all these done by China company only.
Baidu Tencent wechat.
These tech give insight to real time people behavior patterns. They don't want another country to have such data.
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wanglausern
Senior |
19-Sep-2017 13:49
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Uber had to move out of China because it was DiDi who put Uber out of business. Now it looks like DiDi wants to help Grab kill Uber in S' pore and hence DiDi puts up USD1.65b together with Soft Bank' s USD350m. Ask any Grab/Uber driver and they will tell you currently Uber' s ridership has fallen by as much as 60% and so Comfort' s move to team with Uber will be futile. Uber' s car rental company, Lion City Rental has also run out of parking spaces for their tens of thousands of returned cars that LCR now resorts to selling 2nd hand cars. I think Comfort will continue to bleed and its share price may reach $1.60. |
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wanglausern
Senior |
19-Sep-2017 13:27
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My message is not about whether taxis are allowed to park in HDB estates, but it' s about so many thousands of taxis have been returned to Comfort that they' ve run out of parking spaces..
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sbscap
Master |
19-Sep-2017 12:59
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Sorry I didn' t add this ... there are no buy signals, so CG is going down and down.
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bishan22
Supreme |
19-Sep-2017 12:58
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Grab drivers enjoy moon cake from passengers response. What will they think of next idea... Maybe Xmas presents akan datang. Hahaha. | ||||
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sbscap
Master |
19-Sep-2017 12:57
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Signals for buying CG: 1. When most of the sell-side brokers turn bearish and give low target prices 2. When Uber and Grab start looking at profitability 3. When at least half the taxi drivers or half the Uber/Grab drivers told you they are indifferent to taxi or private hire vehicles 4. When CG price is less than 12x trailing 12M PE (don' t forget E is still falling) 5. When there is a possibility CG is going to be taken out (privatised) |
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MonkeyKingGod
Senior |
19-Sep-2017 12:56
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credit suiise target price $3+ few days back . i sell you. discount $2.80 i sell u la
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Starship
Supreme |
19-Sep-2017 12:47
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Ooooops, broke below $2. It' s name has lost its magic----- no more Comfort for retail shareholders. |
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rachellee
Senior |
19-Sep-2017 12:23
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Because everything moves up/down at a consistent rate right?
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destinykraze
Elite |
19-Sep-2017 12:16
Yells: "Reality is only a matter of perception" |
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Don' t be a cannon fairy. that is exaggerating way too much.
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john_ric
Supreme |
19-Sep-2017 11:57
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everyday drop 5-8 cents 10 days will be 50 - 80 cents which is quite scary! | ||||
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investshare
Supreme |
19-Sep-2017 11:47
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One thing that's worrying is that, if smrt bid on solely commercial purpose, i.e. They can make money with 30% lower fee than CDG, then question is why CDG cost so high?
SMRT beats ComfortDelGro in bid for Thomson-East Coast Line operation SMRT's offer was 30% lower than SBS Transit's. SMRT beat SBS Transit (SBST), a company where ComfortDelGro owns 75%, in a bid to operate Thomson-East Coast Line (TEL) for an initial nine-year period. |
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samudra
Veteran |
19-Sep-2017 11:31
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Dear investors, I was highlighting that comfort degro investor to run for cover , it was published in the straits times on January 15, 2017  with photo showing city cab building in sin ming avenue roof top was parked with hundred of taxis. I n woodlands you can see industrial buildings are used to park un-hired taxis in large numbers. Beside lost of rental, they are also losing in term of depreciation. |
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destinykraze
Elite |
19-Sep-2017 11:26
Yells: "Reality is only a matter of perception" |
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The building beside toa payoh is one the building. whole fleeting of idle cabs there.
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GuavaXF30
Elite |
19-Sep-2017 11:24
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It will be really frightening is they have to eventually write-off the unused taxi' s. Literally thousands are sitting idle now. And on top of this, they are now having to lower the rental rates for the remaining taxis on the road. Double whamp.
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