| Latest Forum Topics / ComfortDelGro Last:1.29 -- |
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COMFORT DELGRO - MOVING FORWARD
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PhillipTan
Supreme |
01-Jun-2021 10:59
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Problem is I don' t think anyone understands what you are saying. " My concern is teally why Zoom Bee is paying punters like you dividends it sucks from the tax-payers through the government." Is the garmen is giving money/vouchers to us which we can only use to take taxis? And then the profits are paid to us via dividends? " Can you tell me? Since you said Zoom Bee earns so much from overseas? It should just pay you dividends from its overseas' income. Money losing public service should be carried out by non-profit oriented gov agencies and not a public listed company to save tax money." Is the local taxi business losing money? Not only now, is it also losing money even before covid? What tax money are you talking about? If the local taxi business is losing money as you said, how can they pay us dividends by sucking from the taxpayers through the garmen? If it is losing money, then the dividends are paid using profits from overseas businesses right? You are contradicting yourself. Yes, I also have SBS shares, but I don' t see how SBS is connected to CDG except for the fact that both are locally listed companies in the transportation sector. Why suddenly talk about SBS out of nowhere? Are you on the wrong thread? It suddenly feels like you are talking to yourself already.
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Conman
Elite |
01-Jun-2021 10:33
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Do you mean to say that SBS never made huge profits and none of your dividends come from SBS? And SBS as a company also never pay dividends?
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PhillipTan
Supreme |
01-Jun-2021 09:51
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When in doubt, always refer back to the financial figures I' m sure a listed company like CDG will not cook its books, knowing that it is required to be audited Hence, I believe that the hundreds of million of dollars from overseas businesses is true Maybe hundreds of millions of dollars every year means nothing to you, but I am not that rich To me, this is very good business What CDG wants to do in Australia is their business, as long as it does not affect share price negatively I have no worries Maybe you can elaborate further on how CDG is sucking money from garmen and paying it as dividends to us Or is this just another of your wild assumptions?  
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PhillipTan
Supreme |
01-Jun-2021 09:45
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DBS - Ideas of the Day Trending Sectors Vaccine testing, domestic reopening, travel and aviation :  Speeding faster towards full reopening - Singapore ramps up testing, tracing and vaccination pace that should see the country emerging from the pandemic this year, pledging to reopen Singapore - Targets all eligible individuals (at least 85% of population) to get at least one dose of the vaccine by National Day - Aims to have all eligible individuals fully vaccinated (> 85% of population) by 04 October - Current increase in testing benefits  Q & M Dental  given its COVID-19 testing capacity - Domestic reopening sector' s resilience against COVID news volatility goes up as more of the population are vaccinated - Benefits retail REITs (Lendlease, FCT, MCT), leisure (Genting), F& B (Koufu) and public transportation (ComfortDelGro) - PM Lee also pledged to reopen Singapore' s borders - Travel and hospitality sectors will lag domestic reopening but will not be too far behind - Possibility of quarantine free travel with other countries that have brought the pandemic under control and whose population is also adequately vaccinated - Such a travel arrangement should be much more robust than recent unsuccessful travel bubble attempts - Key beneficiaries include hospitality (FEHT  and  CDLHT) and aviation (SATS) sectors DBS research into stock ideas of the day for today, just published Seems like they are having the same view with me on air travel bubbles and recovery of retail and hospitality sectors which will also have a positive impact on CDG  
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Conman
Elite |
01-Jun-2021 09:39
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Tan, I hope you are not trying to be humorous again. If overseas business is good, why zoom bee want to sell Australia business or part of it (by selling shares)? If it cannot sell, it will sell the assets (vehi les, what else?). Overseas junks are easy to buy but hard to sell. If Ang Mo was doing fine, why sold to Zoom Bee and take the cash and run? Now Zoom Bee want to sell, would the Ang Mo buy back?
The above is not my main concern. My concern is teally why Zoom Bee is paying punters like you dividends it sucks from the tax-payers through the government. Which public service funtion this way? PUB? SingPower? AVA? ICA? Can you tell me? Since you said Zoom Bee earns so much from overseas? It should just pay you dividends from its overseas' income. Money losing public service should be carried out by non-profit oriented gov agencies and not a public listed company to save tax money. GST hike is coming. You happy? I know you are happy because you get dividends from Zoom Bee.
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PhillipTan
Supreme |
01-Jun-2021 09:21
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Overseas businesses raking in easily hundreds of millions of dollars, not good? Maybe your appetite is bigger, must be at least hundreds of billions then good 40k vehicles not very good meh? How many vehicles do you own? 400k? 4 million? Since you say having vehicles is not good, maybe the UNLOCK is to sell them away so that it will be better for the business, then how will this be bad? UNLOCK can also mean IPO of existing business, how is that bad for the business? If IPO is really so bad, why do we have so many listed companies and why are there so many people trading their shares on the stock markets around the world everyday? Seems like you know TransCab boss personally to know that he did it out of pity and regretted his mistake My uncle (retired taxi driver) actually knows him and told me before that he is a very positive and nice person and has a lot of respect for him Businesses don' t always start out profitable and many businesses close down from losses, if someone keeps regretting this or that, then maybe they are not cut out for business The pessimistic regretting person you are talking about also owns one of the largest cylinder gas companies in Singapore Just because TransCab did not buy SMRT taxis, doesn' t mean he regrets buying SMART taxis, seems like you are just jumping all over the place 10 years from now, there will still be taxis But if you made a typo and meant my great great grand children 100 years from now, then maybe you are right  
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Conman
Elite |
01-Jun-2021 04:03
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Overseas business very good? Then Zoom Bee should hust suck from over seas and pay you dividends from its overseas income. Why must my share of tax go to your dividends just because you are a stock punter of this white elephant 5 star empty bus system? Why SMRT cannot take over the contracts? SMRT no need to pocket billions and billions of profits and and pay huge dividends to pwople like you!
40,000 vehicles very good meh? That is a minus point point, not a plus point in today's age. You need to find out why Zoom Bee wants to 'UNLOCK'value in Australia. Unlock means sell, either sell the business, sell the scraps, or sell the shares. You get a piece of the monwy from the sale or not? Got people want to buy or not? You need to find out all this and not to let your imagination run wild the moment you hear the word 'UNLOCK'! Taxis business very good meh? You must be the only one guy in this world thinking this way. When SMART Taxis wanted to sell, no one was interested. Out of pity, Transcab boss helped but regreted and did not repeat the mistake when SMRT Taxis wanted to sell. You need to think deeper. If Zoom Bee Taxis want to sell, got people want to buy or not. If your great grand children were to born 10 years from now, they will have no chance to see a taxi in real life.
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PhillipTan
Supreme |
01-Jun-2021 03:00
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ComfortDelGro operates in seven countries and has a global fleet of over 40,000 vehicles.
ComfortDelGro&rsquo s businesses include bus, taxi, rail, car rental and leasing, automotive engineering services, inspection and testing services, driving centres, non-emergency patient transport services, insurance broking services and outdoor advertising.
Apart from being the market leader in Singapore, ComfortDelGro has a significant overseas presence. The Group&rsquo s operations currently extend from the United Kingdom and Ireland to Australia, Vietnam, Malaysia, as well as across nine cities in China, including Beijing, Shanghai, Guangzhou, Shenyang and Chengdu.
Taxi drivers throwing their keys? Yes, that will happen But every single one of them throwing their keys? No Mass " exodus" of drivers throwing their keys? Unlikely Not every driver is able or want to step of out their " comfort zone" and do a " career switch" given their age and " experience" I am sure if it really comes to that " crisis" of the taxi business going out of business in Singapore, the garmen will come in to " help" and maybe offer incentives etc to drivers to encourage them to stay Even if one day CDG really stops the entire taxi operation in Singapore, I don' t foresee CDG going out of business or will make such huge losses to warrant a drop until $0.20 They have other types of businesses as well and even have operations in several other countries Agree that covid is here to stay for the near future, and that travelling will not recover to pre-covid levels in the near future But with higher rates of vaccinations as time passes, there will be herd immunity here and in other countries too We will start to have air travel bubbles arrangements with other countries that are highly vaccinated too in the near future With that, tourism and travelling will return again Though not to pre-covid levels, it will reach near pre-covid levels Even though not many countries will be opened up, but after being " restricted" and " confined" , more people would want to travel again after such a long time of travel restrictions imposed if and when it has been ascertained that it is safe to travel to those countries with the air travel bubble arrangements  Sectors such as retail, hospitality and the travel and tourism industry will slowly see a recovery to their much hit revenue due to covid I would foresee that the taxi business will be positively affected too It may not happen now or next couple of years But when it does years from now, I have faith that CDG share price will not just be $2.00 It will be easily be above $2.00 Unless the management decides to do things such as stock split (Eg. When at $2.00, they do a stock split of 10 to 1, then surely share price will drop to your fabled and much anticipated $0.20) So anything is possible, the future will always be unknown
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Conman
Elite |
31-May-2021 19:49
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Ot is now commonly agreed that Covid 19 will not go away xompletely and suddenly like SARS. Even if it does, the post-Pandemic normacy is going to be very different. Air travel and land transport will never recover to the pre-Covid level. Taxis as well as PHVs will have to seek their equilibruim vis-a-vis riders' demand. Either Zoom Bee cuts its rental by a large margin or taxi drivers will just throw their keys. Perhaps, 5000 will be the right number compared to the current 8,000 in the short term.
Do we still need a 5 Star white elephant bus system with so many giagantic buses running around empty the whole day? Civil servants have achieved their target in the White Paper but politically is it accetable to the tax-paying voters in the background of the impending GST hike? Supreme Leader ConBao/danger feel shiok getting paid his dividends on 20 May when the whole nation's tax-payers were crying. Karma will come. We shall wait to see.
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Conman
Elite |
31-May-2021 17:44
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For this counter, if the closing is high, like today, it means that robots made sure that uncles who had to cover or kia su buy must but high. And BBs sold to them.
If it closes low, it probably mean that robots made the uncles run for their life. And BBs will buy from them. Can remember around last Tuesday when STI and everything was up but Zoom Bee was down and closed at 1.62? Hence closing matching is worth watching but not for trading for counters rigged by BBs. It is up to you to believe or not. Remember, I am a conman. |
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Singpost
Master |
31-May-2021 16:53
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rally as open up soon  | ||||
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justicebaogaliao
Veteran |
31-May-2021 14:59
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My biggest advice is, you can laugh loudly at someone who eats his own words, but never trust them 
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Conman
Elite |
31-May-2021 14:40
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Please s h i t clean clran before you come, because I know you have the habit of cleaning your backside with your hand and wipe it on the wall.
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Conman
Elite |
31-May-2021 14:20
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I believe PM Lee later will say that we will have to learn to live with Covid19 Virus forever, and that after the Pandemic, it is going to be Endemic.
It means that life will mever go back to the pre-Pandemic days. Virtual meetings, virtual dating, virtual office work, online shoppin, food delivery etc are going to be the norm from now on. How are these going to affect Zoom Bee? Supreme Leader ConBao please advise!!!🤧 🤧 🤧 |
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justicebaogaliao
Veteran |
31-May-2021 14:17
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I sent someone to visit you again at IMH with a tiny portion my dividends Seems there is nothing much to eat there except your own words kukuman  
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Conman
Elite |
31-May-2021 13:31
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🤯 WOW you are here Master of all Traders! I use Philip and its chart shows that it is a HS in the making. But you advise.
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PhillipTan
Supreme |
31-May-2021 13:25
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Bought $1.60 Haven' t sold yet, and yes waiting to at least $1.85 before I decide to let go or not $1.85-$1.90 is my intended range And actually I wanted to buy more, a lot and a lot more But your doomsday prophecies of $0.20 made me quiver with fear so I stopped buying hahahaha But rest assure that I will not sell on panic because of that lol
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Conman
Elite |
31-May-2021 13:21
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So you are back alive and kicking after having disapeared for 3 days ConBao? Dont forget you are Supreme Leader danger so you better behave and set example and not be a troll here Mr ConBao. 😆
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justicebaogaliao
Veteran |
31-May-2021 13:08
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When Clowns ask you to Sell... you wait for the price to go up and then you laugh hilariously at them 😎 Where is that IMH kukuman who vowed to change his nick if this hits 1.70, how many times already?? Act blur or act kuku???  
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Starship
Supreme |
31-May-2021 12:49
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Maybe SG news media are not reporting abt Trump. But US news media are all still harping on his every word and every act like he' s the Greatest News Source in the World.  ![]() ![]() So many Americans LOVE him, won' t be surprised if he becomes next PResident ........... again !!!!  ![]() To us netizens here, we treat him as the best comedy series in the world.  And a comedy idol just like we treat Mr. Bean. Very entertaining and a great way to create hilarious memes and gifs !!!!!!
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