| Latest Forum Topics / ComfortDelGro Last:1.29 -- |
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ComfortDelGro fundamentally strong but price weak
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edwinjup
Supreme |
08-Dec-2017 17:52
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New...think one of the best outcome....
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MichaelSchenker
Master |
08-Dec-2017 17:43
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Is this new or old news? Comfort just bought 51% into Uber Lion City Rental |
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destinykraze
Elite |
08-Dec-2017 17:08
Yells: "Reality is only a matter of perception" |
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bank analyst thinks comfort is great to enter now. lol. just because idling fleet isnt increasing anymore. but they completely omitted details like comfort slashing the rental to abyssal rates. the situation is a long term 1. analyst always tries to induce people to buy after they have entered. wait for bottom to form before entering!
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sun233
Elite |
08-Dec-2017 16:35
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i totally agree with you regarding their business. I just vested.  Happy with price. Short term noise not a concern for me. Grab making some headway but this is bc Comfort has been too complacent. Earlier there were so many complains of taxis hiding during peak hour but things have changed now. Every month there was some complain about taxis so the govt allowed Grab to start. This complacency is what is bothering me. Comfort has lost their comfort zone. They have to work harder now but with the current team looks like it wont happen. They need to up their game.
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alexchew
Master |
08-Dec-2017 16:17
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i dont really think this is a short term view as what u mentioned.. As i mentioned in earlier post, they are fighting the same kind of issue everywhere they have taxi fleets..When taxi becomes hard to get on the road, ppl turned to mobile solutions to get a cab. Do you still see ppl trying to flag down taxi these days?  This thing will spiral, and will cause the taxi to go into a vicious cycle, where taxi is hard, we go mobile, and slowly, ppl will give up trying to get a cab. That' s what grab/uber is hoping for. Of cos, taxi will always be in existence, just at what scale.. maybe at 10% of today? who knows.. When that day comes, grab/uber will stop giving promo codes, but consumer will pretty much have no other options already. 
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FATABA
Supreme |
08-Dec-2017 16:13
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Allow me to offer my personal input on CDG ....honestly its taxi division is not all that bad cosidering that they do hv taxi in other part of the world and most important  " still profitable" . Further other divisions are still doing ok esp the rail . HOWEVER, noise from Uber and Grab are noisy ....no ganrantee any JV w Uber wld be more porfitable or otherwise. In fact Grab is losting $$ and more so Uber.....how long they can bleed is not an issue with us as they are not listed here. ( but in ways it affect CDG) . As of share price ....unfortunately , ppl  ( esp Spore investor ) hold a short term view ...and any current issue will blow out of proportion ... so I guess the share price will be affected.....maybe 2018 we might see some new strategy of investment fm CDG.  
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sun233
Elite |
08-Dec-2017 15:42
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I agree but what is troubling is CDG has not commented these past three months. That is unacceptable.CEO shd be fired. 
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MonkeyKingGod
Senior |
08-Dec-2017 15:39
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ComfortDelGro&rsquo s businesses include bus, taxi, rail, car rental and leasing, automotive engineering services, inspection and testing services, driving centre, 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 11 cities in China, including Beijing, Shanghai, Guangzhou, Shenyang and Chengdu. so i guess if DTL or NEL breakdown, we cant blame them but the owner. i see i see  so i guess all REITS and properties stock are worthless cause the land/lease/ building belongs to the government u mean
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FATABA
Supreme |
08-Dec-2017 15:32
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Interesting ....Blackrock increase its holding fm 5.96% to 6.07%....no infor on the price they pay. Cld be a yr end dressing up . Whatever, it offers support to CDG
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sun233
Elite |
08-Dec-2017 15:25
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Cheers.
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FATABA
Supreme |
08-Dec-2017 15:23
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Noted thanks.  
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destinykraze
Elite |
08-Dec-2017 15:18
Yells: "Reality is only a matter of perception" |
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Imagine you hiring a maid for your household. Then your maid goes around telling people that she is the owner of the house. See how absurd that sounds?
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destinykraze
Elite |
08-Dec-2017 15:08
Yells: "Reality is only a matter of perception" |
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Don' t anyhow say. SBS is the ONLY THE operator. They don' t own NEL or DTL. CDG has around 60% stake in SBS. They most definitely don' t own the MRT, it' s OWNED BY LTA.   You think drivers are earning more than the owner?  
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sun233
Elite |
08-Dec-2017 15:07
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Hey i' m accessing from iPhone. SGX company annoucements on 7 Dec at around 5 plus. Pls check there.
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FATABA
Supreme |
08-Dec-2017 15:04
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sun 233,  cant open ...is this for today ? so what % did black rock increased ? Thks
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sun233
Elite |
08-Dec-2017 14:57
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Sorry... On SGX. Blackrock increased stake.
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seba240698
Senior |
08-Dec-2017 14:45
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Hi, what is it about? cannot open leh......
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sun233
Elite |
08-Dec-2017 14:28
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http://infopub.sgx.com/FileOpen/_BlackRock%20-%20%20Form%203%2005122017.ashx?App=Announcement& FileID=481286 | ||||
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spore1
Supreme |
08-Dec-2017 13:34
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Don't scare ppl ! Be confident! CDG would definite stand tall and high! All the current bad news is a golden opportunity .. Dyodd
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bishan22
Supreme |
08-Dec-2017 12:20
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Hahaha... Just sharing some shit news to warn folks here to be more caution especially for down trend stock.
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