Back

Latest Forum Topics / ComfortDelGro    Last:1.29 --

Post Reply

COMFORT DELGRO - MOVING FORWARD Post Reply Rate topic
justicebaogaliao Veteran	24-Mar-2021 18:07        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	at least Conman do have good memory.. did u also remember u said u will change nick if this zoooom bee reach 1.70? how many times have this hit 1.70 Conman      ( Date: 24-Mar-2021 17:51) Posted: Uncle, dont act like a Bao Bao. Remember I ever said why Zoom Bee's price was so resilient? Because BBs hold the peice up to sell to uncles like you. And remember I said if uncles like you are willing to chase, BBs will pump up for you to chase until you drop, and they sell. After that, price will drop. And it did. The above had happened right infront of our eyes. BBs pumped up from 1.64 to 1.70 and faked 3 times near-break out at 1.70. Many uncles thought it is going to break out the next day and chased at 1.70. And yesterday, game over. After BBs have unloaded at 1.70, they let go their hands. Hence it is going to be very difficult for zoom bee to cross 1.70. BBs are not stupid. They dont sell you at 1.70 and buy back from you higher. And because there are so many uncles like you, who keep buying from the BBs, zoom bee will drop only very slowly, but surely. justicebaogaliao      ( Date: 24-Mar-2021 17:03) Posted: Conman talk so much nonsense still this price?, when is it going to reach 20cents, take Grab can reach? Most ppl here rather believe Conman not yet taken medicine than believe his posts
Useful To Me  Not Useful To Me
Conman Elite	24-Mar-2021 17:51        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	Uncle, dont act like a Bao Bao. Remember I ever said why Zoom Bee's price was so resilient? Because BBs hold the peice up to sell to uncles like you. And remember I said if uncles like you are willing to chase, BBs will pump up for you to chase until you drop, and they sell. After that, price will drop. And it did. The above had happened right infront of our eyes. BBs pumped up from 1.64 to 1.70 and faked 3 times near-break out at 1.70. Many uncles thought it is going to break out the next day and chased at 1.70. And yesterday, game over. After BBs have unloaded at 1.70, they let go their hands. Hence it is going to be very difficult for zoom bee to cross 1.70. BBs are not stupid. They dont sell you at 1.70 and buy back from you higher. And because there are so many uncles like you, who keep buying from the BBs, zoom bee will drop only very slowly, but surely. justicebaogaliao      ( Date: 24-Mar-2021 17:03) Posted: Conman talk so much nonsense still this price?, when is it going to reach 20cents, take Grab can reach? Most ppl here rather believe Conman not yet taken medicine than believe his posts
Useful To Me  Not Useful To Me
Starship Supreme	24-Mar-2021 17:06        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	justicebaogaliao      ( Date: 24-Mar-2021 17:03) Posted: Conman talk so much nonsense still this price?, when is it going to reach 20cents, take Grab can reach? Most ppl here rather believe Conman not yet taken medicine than believe his posts
Useful To Me  Not Useful To Me
justicebaogaliao Veteran	24-Mar-2021 17:03        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	Conman talk so much nonsense still this price?, when is it going to reach 20cents, take Grab can reach? Most ppl here rather believe Conman not yet taken medicine than believe his posts
Useful To Me  Not Useful To Me
Conman Elite	24-Mar-2021 16:25        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	72,600 was a number I got from newspapers. That I supposed was all numbers, full and part-time. Again that is not the issue. The issue is if you have a car, you can register it as a PHV and rob taxis' business anytime, full time or part-time. Buradin      ( Date: 24-Mar-2021 15:30) Posted: Ai yo Conman, dont anyhow pluck numbers for PHVs (72,600?). In Sep 2020, ST reported a new figure for " active drivers" , " There are about 40,000 active drivers, comprising 15,000 cabbies and 25,000 PHVs" . Where ur 72,600 come from where sia? Or u did not finish ur sentence or disclaimer? Dont anyhow con job leh...  Conman      ( Date: 24-Mar-2021 15:19) Posted: The issue is not whether using own cars as 'taxis' has its problems, but the fact that it is allowed and people are doing it has nullified taxis' renting model. They can use their own BMW or Volvo or rent a Honda fit or Jazz, and rob the taxi drivers of their clientele. The number of PHVs as I last know it was 72,600 vs 16,000 taxis
Useful To Me  Not Useful To Me
kiseki_2818 Master	24-Mar-2021 16:22        kiseki_2818 About Contact  Quote this Post!
x 0   x 0  Alert Admin	thank you. so far go through many cycles. half profit use to average down cost (now 1.48, though i have bought cdg much lower ones, but i also have bought higher one, so using part of profit to average down, is a good way and that help to make my ave price 1.48, so far much much better than putting all $$$ in banks) using the new wave triangle rule, this help us to rob bbs better. if everything back to pre-covid, think cdg can go back to 2.00 to 2.10 range, with phv. if without phv, then can go to 2.5 and above. phv cannot forever burn cash, now if u take ride, taxi may be a better choice in term of cost, need to compare to maximize gain. gahment bring in other public transport is trying to show ppl how good our public transport operators are doing. so ppls open eyes can see other foreign public transport has/have similar problems. they also help them to justisfy the fare increase. think both phv and taxi have gahment some sorts presence, so they need to fine tune to co-exist. burning big chunk of cash and go directly snatch others employees & customers plus sabotage..hiak, not a good way to do business. hope everything will get better and covid19 go away. hope grab will not become another ants that burn cash to bully other honest business. go out and ask around look around, to avoid con con eyes kana blinded by " hatred" . Conman      ( Date: 24-Mar-2021 14:49) Posted: Your wish will be fulfilled because it is going to be a slow, big down trend. kiseki_2818      ( Date: 24-Mar-2021 14:29) Posted: 5ct more for me to replenish stock (before xd).
Useful To Me  Not Useful To Me
Buradin Veteran	24-Mar-2021 15:30        Buradin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ai yo Conman, dont anyhow pluck numbers for PHVs (72,600?). In Sep 2020, ST reported a new figure for " active drivers" , " There are about 40,000 active drivers, comprising 15,000 cabbies and 25,000 PHVs" . Where ur 72,600 come from where sia? Or u did not finish ur sentence or disclaimer? Dont anyhow con job leh...  Conman      ( Date: 24-Mar-2021 15:19) Posted: The issue is not whether using own cars as 'taxis' has its problems, but the fact that it is allowed and people are doing it has nullified taxis' renting model. They can use their own BMW or Volvo or rent a Honda fit or Jazz, and rob the taxi drivers of their clientele. The number of PHVs as I last know it was 72,600 vs 16,000 taxis. Ftyeng      ( Date: 24-Mar-2021 14:51) Posted: Using own car as phvs also got problems so personally I think taxis would still be around until I die. Those phv drivers may not have realized that after driving hitting very high mileage, repair cost would go up significantly.   This is especiwlly expensive when using mechanics outside as they also need to make a profit.   Endless problems: change timing belt, change gearbox, change tires, change radiator, change water pump, change muffler, repair fuel injection system, change light bulbs, change engine oil, change other oil....etc.   Then if they end up in an accident, they may run into financial problems as   the insurance company may just pay them 5 years of car lifespan money and they suddenly have to come up with another $50,000 as opposed to just signing out another taxi.   With taxi, less headaches and no financial problem.   So taxi should be around for long time but business would not be as great as before.   Personal opinion
Useful To Me  Not Useful To Me
Conman Elite	24-Mar-2021 15:19        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	The issue is not whether using own cars as 'taxis' has its problems, but the fact that it is allowed and people are doing it has nullified taxis' renting model. They can use their own BMW or Volvo or rent a Honda fit or Jazz, and rob the taxi drivers of their clientele. The number of PHVs as I last know it was 72,600 vs 16,000 taxis. Ftyeng      ( Date: 24-Mar-2021 14:51) Posted: Using own car as phvs also got problems so personally I think taxis would still be around until I die. Those phv drivers may not have realized that after driving hitting very high mileage, repair cost would go up significantly.   This is especiwlly expensive when using mechanics outside as they also need to make a profit.   Endless problems: change timing belt, change gearbox, change tires, change radiator, change water pump, change muffler, repair fuel injection system, change light bulbs, change engine oil, change other oil....etc.   Then if they end up in an accident, they may run into financial problems as   the insurance company may just pay them 5 years of car lifespan money and they suddenly have to come up with another $50,000 as opposed to just signing out another taxi.   With taxi, less headaches and no financial problem.   So taxi should be around for long time but business would not be as great as before.   Personal opinion. Conman      ( Date: 24-Mar-2021 14:11) Posted: Good analysis! But taxis will not recover but will die a slow death because its business model of renting our taxis is being nullified by PHV's model of 'using own cars'. This caused taxi numbers to be culled from 28,000 to the current 16,000 over just 8 years since Uber/Grab came in. Unless there is a drastic change of business model, the culling will continue until the current lots Merdeka Uncles give up driving
Useful To Me  Not Useful To Me
Ftyeng Senior	24-Mar-2021 14:51        Ftyeng About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Using own car as phvs also got problems so personally I think taxis would still be around until I die. Those phv drivers may not have realized that after driving hitting very high mileage, repair cost would go up significantly.   This is especiwlly expensive when using mechanics outside as they also need to make a profit.   Endless problems: change timing belt, change gearbox, change tires, change radiator, change water pump, change muffler, repair fuel injection system, change light bulbs, change engine oil, change other oil....etc.   Then if they end up in an accident, they may run into financial problems as   the insurance company may just pay them 5 years of car lifespan money and they suddenly have to come up with another $50,000 as opposed to just signing out another taxi.   With taxi, less headaches and no financial problem.   So taxi should be around for long time but business would not be as great as before.   Personal opinion. Conman      ( Date: 24-Mar-2021 14:11) Posted: Good analysis! But taxis will not recover but will die a slow death because its business model of renting our taxis is being nullified by PHV's model of 'using own cars'. This caused taxi numbers to be culled from 28,000 to the current 16,000 over just 8 years since Uber/Grab came in. Unless there is a drastic change of business model, the culling will continue until the current lots Merdeka Uncles give up driving. Ftyeng      ( Date: 24-Mar-2021 12:39) Posted: ComfortDelgro although not totally taxi business is largely taxi business. ComfortDelgro used to be the number 1 taxi company that sets the standard (like fix the taxi price then other taxi companies follow).   However this has changed due to unrestricted entry of PHV companies that were allowed to expand unlimited which turned a tightly controlled no of transport vehicles into unrestricted expansion.   All the large PHVs and taxi companies were badly affected as there were a lot more vehicles than really required to meet demand.   There used to be less than 29,000 taxis but since the entry of PHVs, there were additional 45,000 to 65,000 additional vechicles.   Taxi number dropped to around 20,000.   So in the industry, there are at the minimum 65,000 number of such vehicles when in the past, only 28,000 number of vehicles could meet Singapore' s requirements.   The PHV companies that entered earlier bought a lot more vehicles than really required so every company in the industry suffered.   Even they themselves suffered as they had to sell excess cars at a loss but this maybe intentional as they had huge funds and wanted to gain market shares.   Car manufacturers and Singapore government gained. Covid19 caused no of customers to drop there are not enough morning/evening peak hour customers, no tourists and no night entertainment customers.   Currently I heard there are many unrented vehicles in Comfort warehouse.   I don' t know whether they are still buying new vehicles ( this is unnecessary since they still have older vehicles ).   So until covid19 is under control and government lifts restrictions on white collar workers, allow night entertainment entities to operate and allow a lot more tourist to enter, ComfortDelgro is unlikely to rise much due to semi-retired taxi drivers choosing not to drive (which means less vehicles rented out). The good thing though is ComfortDelgro is normally a dividend giving blue chip and investors can still wait for it to recover slightly but my opinion is it would never reach previous heights due to more competitors in the industry
Useful To Me  Not Useful To Me
Conman Elite	24-Mar-2021 14:49        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	Your wish will be fulfilled because it is going to be a slow, big down trend. kiseki_2818      ( Date: 24-Mar-2021 14:29) Posted: 5ct more for me to replenish stock (before xd).
Useful To Me  Not Useful To Me
SuperLuckyCorn Supreme	24-Mar-2021 14:34        SuperLuckyCorn About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Gen kiseki_2818, Gen Wave' s Pyramid Move in action??   kiseki_2818      ( Date: 24-Mar-2021 14:29) Posted: 5ct more for me to replenish stock (before xd).
Useful To Me  Not Useful To Me
kiseki_2818 Master	24-Mar-2021 14:29        kiseki_2818 About Contact  Quote this Post!
x 0   x 0  Alert Admin	5ct more for me to replenish stock (before xd).
Useful To Me  Not Useful To Me
Conman Elite	24-Mar-2021 14:11        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	Good analysis! But taxis will not recover but will die a slow death because its business model of renting our taxis is being nullified by PHV's model of 'using own cars'. This caused taxi numbers to be culled from 28,000 to the current 16,000 over just 8 years since Uber/Grab came in. Unless there is a drastic change of business model, the culling will continue until the current lots Merdeka Uncles give up driving. Ftyeng      ( Date: 24-Mar-2021 12:39) Posted: ComfortDelgro although not totally taxi business is largely taxi business. ComfortDelgro used to be the number 1 taxi company that sets the standard (like fix the taxi price then other taxi companies follow).   However this has changed due to unrestricted entry of PHV companies that were allowed to expand unlimited which turned a tightly controlled no of transport vehicles into unrestricted expansion.   All the large PHVs and taxi companies were badly affected as there were a lot more vehicles than really required to meet demand.   There used to be less than 29,000 taxis but since the entry of PHVs, there were additional 45,000 to 65,000 additional vechicles.   Taxi number dropped to around 20,000.   So in the industry, there are at the minimum 65,000 number of such vehicles when in the past, only 28,000 number of vehicles could meet Singapore' s requirements.   The PHV companies that entered earlier bought a lot more vehicles than really required so every company in the industry suffered.   Even they themselves suffered as they had to sell excess cars at a loss but this maybe intentional as they had huge funds and wanted to gain market shares.   Car manufacturers and Singapore government gained. Covid19 caused no of customers to drop there are not enough morning/evening peak hour customers, no tourists and no night entertainment customers.   Currently I heard there are many unrented vehicles in Comfort warehouse.   I don' t know whether they are still buying new vehicles ( this is unnecessary since they still have older vehicles ).   So until covid19 is under control and government lifts restrictions on white collar workers, allow night entertainment entities to operate and allow a lot more tourist to enter, ComfortDelgro is unlikely to rise much due to semi-retired taxi drivers choosing not to drive (which means less vehicles rented out). The good thing though is ComfortDelgro is normally a dividend giving blue chip and investors can still wait for it to recover slightly but my opinion is it would never reach previous heights due to more competitors in the industry. Conman      ( Date: 24-Mar-2021 11:46) Posted: Long to get stuck. How many uncles and aunties are stuck longing this zoom bee. Take care.
Useful To Me  Not Useful To Me
Starship Supreme	24-Mar-2021 13:43        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin
Useful To Me  Not Useful To Me
Ftyeng Senior	24-Mar-2021 12:39        Ftyeng About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	ComfortDelgro although not totally taxi business is largely taxi business. ComfortDelgro used to be the number 1 taxi company that sets the standard (like fix the taxi price then other taxi companies follow).   However this has changed due to unrestricted entry of PHV companies that were allowed to expand unlimited which turned a tightly controlled no of transport vehicles into unrestricted expansion.   All the large PHVs and taxi companies were badly affected as there were a lot more vehicles than really required to meet demand.   There used to be less than 29,000 taxis but since the entry of PHVs, there were additional 45,000 to 65,000 additional vechicles.   Taxi number dropped to around 20,000.   So in the industry, there are at the minimum 65,000 number of such vehicles when in the past, only 28,000 number of vehicles could meet Singapore' s requirements.   The PHV companies that entered earlier bought a lot more vehicles than really required so every company in the industry suffered.   Even they themselves suffered as they had to sell excess cars at a loss but this maybe intentional as they had huge funds and wanted to gain market shares.   Car manufacturers and Singapore government gained. Covid19 caused no of customers to drop there are not enough morning/evening peak hour customers, no tourists and no night entertainment customers.   Currently I heard there are many unrented vehicles in Comfort warehouse.   I don' t know whether they are still buying new vehicles ( this is unnecessary since they still have older vehicles ).   So until covid19 is under control and government lifts restrictions on white collar workers, allow night entertainment entities to operate and allow a lot more tourist to enter, ComfortDelgro is unlikely to rise much due to semi-retired taxi drivers choosing not to drive (which means less vehicles rented out). The good thing though is ComfortDelgro is normally a dividend giving blue chip and investors can still wait for it to recover slightly but my opinion is it would never reach previous heights due to more competitors in the industry. Conman      ( Date: 24-Mar-2021 11:46) Posted: Long to get stuck. How many uncles and aunties are stuck longing this zoom bee. Take care.
Useful To Me  Not Useful To Me
kiseki_2818 Master	24-Mar-2021 12:09        kiseki_2818 About Contact  Quote this Post!
x 0   x 0  Alert Admin	yes. suntec reit & sia engineering also, luckily i took profit at 1.6x and 2.20, now back to 1.51 & 2.13. that one swing fast. need to play with skill to maximize gain. learn from u, used part of profit to park for good dividend stock, much better than sucker bank' s interest. agree with u, my eyes also see gold and sunshine every where. no need to ka cheong one, play with a cup of tea and biscuit. slowly eat slowly play, play long long and enjoy long long.
Useful To Me  Not Useful To Me
SuperLuckyCorn Supreme	24-Mar-2021 11:59        SuperLuckyCorn About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Ee..stuck?? Please do not insule uncles and aunties. So far my uncles and aunties..wait..look at the mirror, i am also uncle. Wait for them to sell down to our range for us to take. Wait for them to pump up to our range for us to unload on the way. So far CDG generate good trading profit for uncles and aunties. Now waiting for the cycle to repeat. -p So far long term still ok, at 1.5x~1.6x price, just buy or sell at your comfort level. Our objective is to get gold bar from foreign monkeys and give to local needy. Lastly " In the eyes of zoom bee, everything is zoom bee." Balance exposure over selected counters allow u to have more fun. Waiting patiently to replenish stocks.   Conman      ( Date: 24-Mar-2021 11:46) Posted: Long to get stuck. How many uncles and aunties are stuck longing this zoom bee. Take care.
Useful To Me  Not Useful To Me
Conman Elite	24-Mar-2021 11:46        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	Long to get stuck. How many uncles and aunties are stuck longing this zoom bee. Take care.
Useful To Me  Not Useful To Me
Starship Supreme	24-Mar-2021 10:56        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin
Useful To Me  Not Useful To Me
Starship Supreme	24-Mar-2021 10:52        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	SuperLuckyCorn      ( Date: 24-Mar-2021 09:38) Posted: Wonder where Gen Conman live?? We also see more ppls more activities in Spore.
Useful To Me  Not Useful To Me

                                                         First   < Newer   5861-5880 of 7131   Older>   Last