| Latest Forum Topics / ComfortDelGro Last:1.29 -- |
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COMFORT DELGRO - MOVING FORWARD
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PhillipTan
Supreme |
19-Apr-2021 01:41
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If just looking at the price movements alone, it is gambling, regardless profitable with dividends or loss making But if you do proper reading up or research such as current and future prospects of company and market /sector, market sentiments etc before buying in, it would become investment  Maybe you can read up on Tesla first This company has been making tonnes of losses for donkey years, their first full year profit was in 2020 Even before year 2020, their share price has been climbing steadily to USD 80 plus Do you really think those people or institutions that invested in Tesla are going in with gamblers' mentality? I am considering investing in Comfort But at the same time I think if Grab goes for IPO as what Conman said, it is worth considering too
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Conman
Elite |
18-Apr-2021 23:09
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Why you worry who buy what? Grab is not even listed yet you already worry people buy it because it has been making losses? Its their money so they decide.
I will buy some Grab and I am using my own money so you have no right calling me idiot or gambling for doing that.
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Buradin
Veteran |
18-Apr-2021 23:04
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Uncle bao, comfort will break the 1.80 barrier tml comfortablely.
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justicebaogaliao
Veteran |
18-Apr-2021 22:02
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Meaning is in the eyes of the beholder, anything that an idiot sees will always look stupid to him Anyway, let me just elaborate more for non-idiots to see When someone buys a stock that is currently making healthy net profits and giving dividends, it is called investment. However when someone buys a stock that has been making net losses in billions of dollars for the past 3 years, this is call gambling
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Conman
Elite |
18-Apr-2021 21:22
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Uncle Bao, what you said is totally meaningless.
As I have always said, want to buy, just buy want to sell, just sell. Who can stop who? I would prefer to see you countering my points with facts and proper analysis rather than saying things totally meaningless.
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Starship
Supreme |
18-Apr-2021 18:14
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Starship
Supreme |
18-Apr-2021 18:13
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Conman
Elite |
18-Apr-2021 17:38
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Dont say 'even if it is true'. It is really true. Zoom Bee qualified as the world's biggest taxi company only if you counted its overseas taxis. Its first taxi fleet was in Suzhou even before Suzhou Industrial Park got started in 1992.
I talk facts, you can verify. Dont just say 'even if it is true'. It is definitely teue. And as I said many times, I sont play a zoom bee rigged by BBs, long or short. Want to buy, just but. Want to sell, just sell.
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justicebaogaliao
Veteran |
18-Apr-2021 16:11
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Shorty Clownman, nobody is stopping you from chronic gambling, just go ahead if you are so confident 😃
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eEconomist
Member |
18-Apr-2021 16:10
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I think it is not him but is you that is old and has dementia.  You seem to be living in the past and keep harping on the same point tha Comfort was the largest taxi company in the world.  Even if it was true, Big Deal?  Last time was last time, now is now.  Last time, Lee Rubber was a rubber company, UIC was selling detergent, F& N sold only soft drinks, SIA flying out of paya lebar airport, Ayam Brand only selling Sardine.  Last time police wear shorts and army wear TG Green.    Compaines and organisations move on.  Similarly for Comfort, they have diversifed away from local taxis to be a global transport company.    Yet you still talking about them as a loca taxi firm and keep harping that they are not competitive as a taxi company, when a few of us here tried to tell you that Comfort income only 11% from taxi and that challenge for Comfort is Global transport, mainly buses and not Singapore taxi. Anyway, I guess it is futile for people to argue with an xxxxx.    To each their own, those who think Comfort is good (whether for income or growth), to invest in Comfort. For Conmen, if you think Comfort is lousy, go ahead, Short this counter.  Walk the talk!  
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Conman
Elite |
18-Apr-2021 14:13
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Buddy, are you very old, forgetful and long-winded? We have talked about the SAME topics you raised a thousand times before.
Of course only 11 %. It used to be the world's biggest taxi company with 28,000 taxis. Now, only 8,000. In 5 years, maybe only 5,000. In 8 to 10 years, zero, and there will be no more such brand as ComfortDelgro. For bus and train, please read up what 3 things happened in 2016. It is now only a contractor. All the SG❤ Buses and all other assets are state's properties. Zoom Bee only drives and maintains the buses and trains. Have you ever heard of gov changing contractors for other projects. Dont say it cannot happen. It already happened partially when Towner Transit came in in 2016. SMRT is state-owned and is ready to walk in anytime to issue new employment contracts to the drivers and mechanics should there be a need. Why not? If the gov can say thank tou for your service to non-performing ministers, why cant it do it to a contractor?
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Conman
Elite |
18-Apr-2021 13:38
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Just wait and see you will know. Just not long ago, many said Grab cannot be listed because it was making losses. Bla bla bla and blabla bla.
Now it is going to dual list. What say you? Are the listing going to fail?
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Starship
Supreme |
18-Apr-2021 12:30
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Entropy72
Master |
18-Apr-2021 11:57
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Your failure is in thinking CDG only has traditional taxi business, even though it comprises only 11% of revenue. And in thinking that Grab can sustain its market share without loss-making incentives or discounts.
Your thoughts on "nationalising" land transport operator is also naive. Commercial operators, with competitive tenders in bus and rail, can do a more efficient job than monopolistic Govt stat board. And by the way, the workers in nationalised operator are not doing charity. They still demand to be paid salaries and bonuses. You talk of nationalised operator as cheaper than commercial operators.
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justicebaogaliao
Veteran |
18-Apr-2021 11:35
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Hahaha Shorty Clownman, Grab is still at stage One after 8-9 years in the market??? You sure financial services will only take 3 to 5 years, or 20 years to become profitable? Kindly elaborate what is stabilised stage, is it a stage for clowns like yourself 
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helloisme
Veteran |
18-Apr-2021 10:52
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This tortise is on the move? | ||||
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Conman
Elite |
18-Apr-2021 10:46
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Grab's ride-hailing will be profitable at its stabilised stage. Only people with Dementia will think that Tech Start-up will remain at Stage One to burn money forever.
Financial services may have to take 3 to 5 years to become profitable. Zoom Bee will never be able to win back the drivers and riders it lost over the past 16 years. Grab has achieved the most important critical mass and gained dominance. Unless Zoom Bee can think of a new business model to counter Grab's, it will die of a slow death as its grandfather grade drivers decide to call it a day.
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justicebaogaliao
Veteran |
18-Apr-2021 09:45
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Your bad memory is getting worse Shorty Clownman, you don' t even recognize your own trumpet now
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justicebaogaliao
Veteran |
18-Apr-2021 09:41
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Grab financial services remains a big unknown whether its user base will be attracted to engage them, when there is no barriers to stop people from engaging traditional banks / other digital banks / other digital platforms. Digital banking is not a new concept anymore. Moreover, some people will have reservations on where they put their money, having more trust in banks that is less likely to collapse anytime. It will be a big gamble for shorty Clownman 
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Entropy72
Master |
18-Apr-2021 09:22
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I think Grab will "bank" on financial services in its super app to be profitable. The larger its user base of its super app, the more it enjoys economies of scale of platform costs, the more it can cross sell its ride hail/food delivery/financial services and the more user data it can mine to support its financial services' credit evaluation.
But it will no longer make sense to throw money at users (vouchers) and drivers (incentives) to grab market share. It must go for profitability. This is where CDG will get breathing space to compete in ride/street hail, without the unsustainable and unfair advantage of Grab's financial subsidies.
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