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COMFORT DELGRO - MOVING FORWARD Post Reply Rate topic
seba240698 Senior	03-Feb-2021 18:59        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	They can always quit driving taxis and drive PHCs. They can be bus captains too. The world is opened for them. There are many options. Conman      ( Date: 03-Feb-2021 17:36) Posted: Well done Zoom Bee! Please bite the fingers that feed you harder!
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Entropy72 Master	03-Feb-2021 18:37        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Be clear what we are investing in: It is " ComfortDelgro" and not " Taxi Drivers" .  If you want to represent taxi drivers interest only and dont care about CDG investors, there is a National Taxi Association you can work for.    That being said, CDG venturing into PHV does not mean it is betraying taxi drivers.  On the contrary, it can provide more options for them.  I understand from discussions below that CDG charges less commission than Grab - so how is that no good for taxi drivers?  They can do their own sums and choose to remain as taxi driver or they can choose to be PHV driver.  Either way, they can leverage on bookings from CDG platform.      Conman      ( Date: 03-Feb-2021 17:36) Posted: Well done Zoom Bee! Please bite the fingers that feed you harder!
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Conman Elite	03-Feb-2021 17:36        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	Well done Zoom Bee! Please bite the fingers that feed you harder!
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Entropy72 Master	03-Feb-2021 17:05        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	DYLAN LOH, Nikkei staff writerFebruary 3, 2021 17:25 JST   SINGAPORE -- Singapore' s largest taxi operator ComfortDelGro on Wednesday started a ride-hailing pilot to supplement its fleet of cabs as the company bets on increased use of land transport to boost  its business. Called a " beta trial"   the venture will start with a small number of private hire cars  for the operator to test reception to the  service, letting transport users select options through its taxi booking mobile application. " We will be conducting the beta trial with 25 private hire car drivers and we will review as we go along," Tammy Tan, group chief corporate communications officer at ComfortDelGro told Nikkei Asia.   The  batch of 25 vehicles is a relatively small fleet, compared to the company' s 10,000-strong stable  of blue-liveried taxis on the city-state' s  roads, but marks  the start of a challenge to Singapore-based super app and technology unicorn Grab' s ride-hailing segment. Grab, for  its part, once grew as a ride-hailing operator but later incorporated  more businesses into its super app strategy of offering a one-stop mobile portal that provides a variety of digital services. Last year, it also won a Singapore digital banking license  through a consortium with Singapore Telecommunications, which the company expects to further unlock business opportunities in the lucrative local financial sector. ComfortDelGro' s business, however, is still heavily centered on transport as a core revenue generator. It bills itself as " one of the world' s largest land transport companies with a total fleet size of over 41,000 buses, taxis and rental vehicles." The company also runs light and heavy rail networks in Singapore  and aside from its home market  has overseas operations in Australia, China, Vietnam,  Malaysia, the U.K. and  Ireland. The test program is not the first time ComfortDelgro has flirted with ride-hailing. It previously teamed up with American operator Uber through an arrangement that allowed the Singapore company' s taxis to be booked using Uber' s platform. But Grab had the last word  and ComfortDelgro' s deal fell through  after the tech startup acquired Uber' s Southeast Asia business in 2018. In turning to  ride-hailing again, ComfortDelGro decided to offer  commission fees for booking jobs that were " lower than the current market rate,"   according to the company, and will be inviting more drivers to come on board its platform as demand grows. The taxi operator did not publicly reveal what those commission fees were when it announced the  ride-hailing initiative. Currently, its  app lets transport users choose a " taxi or car" option in booking a ride. But that  means consumers will still likely be served most of the time by conventional cabs, given the small batch of 25 private hire drivers plying the roads versus the thousands of taxis. The diversification of ComfortDelGro' s services comes as Singapore is set to crank up  its economy this year following a difficult 2020 due to  the coronavirus pandemic. After an explosion of virus transmissions earlier last year that ripped through densely-packed dormitories housing foreign workers and sent Singapore' s case numbers  surging toward the 60,000 mark, the country has managed to keep a lid on domestic infection spikes. ComfortDelGro' s business suffered as its markets saw various forms of lockdown last year to stem COVID-19 transmissions, keeping people at home and reducing usage of transportation. The company' s taxi  segment posted an operating loss of $10.8 million Singapore dollars ($8.1 million) in the third quarter of last year, compared to an operating profit of SG$27.4 million in the same period the year before. In a business update in November, ComfortDelGro said that with the resumption of more economic activities in Singapore, cab ridership  had  recovered to 80% of pre-COVID levels. By creating its new ride hailing offering, the company  will be able to compete more effectively against other apps that provide  the service, Jan Ondrus, associate professor of information systems at business school ESSEC Asia Pacific, told Nikkei. " Potentially, this move could be good news for private drivers and passengers, who could financially benefit from more competition," Ondrus  said. " As there will be more traffic on ComfortDelGro' s app, more passengers might choose to leave Grab for ComfortDelGro for their next ride," he added.
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Starship Supreme	03-Feb-2021 14:37        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin
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kiseki_2818 Master	03-Feb-2021 13:59        kiseki_2818 About Contact  Quote this Post!
x 0   x 0  Alert Admin	ok, think can follow some general to replenish stocks at 1.5x level. comfort delgro other sector reasonably good, so taxi almost same like previous. so replenish a bit.
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tongphlp Supreme	03-Feb-2021 08:31        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, it all depends on one' s perspective! NTUC is not cheap when compared to Sheng Shiong, but is cheap if compared with Cold Storage :) seba240698      ( Date: 03-Feb-2021 08:24) Posted: Actually it is not so much that Comfort is cheaper, but Grab is getting more and more expensive this year. :) tongphlp      ( Date: 03-Feb-2021 06:52) Posted: this could lead to very unhealthy competition and each one slash price to go lower and even lower...end of the day the consumers like you and me gain :)
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Conman Elite	03-Feb-2021 08:26        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	Your observation is right. Plus, Grab has such thing as demand fares which can be 3 or 4 times more than the normal when demands are high. This explains why Grab drivers earn more, which is the reason why many taxi drivers have jumped ship to drive Grab. Dont forget, taxi companies earn from drivers. Loss of drivers means loss of revenue. seba240698      ( Date: 03-Feb-2021 06:42) Posted: This year January, I come to be aware that Comfortride fixed fares are most of the time (70 to 80 % of the time) cheaper than Grab, I thought it is only me but when I check it with my colleagues and friends, they also say the same, CDG is most of the time cheaper than Grab, it could be the locations and timings, but how can my colleagues and friends order transport the same time and locations as me during weekends? It leads me to the conclusion that CDG is perhaps very aggressive this year to attract riders, could it be for the opening up of the Comfortride jobs for PHCs? I'm just speculating.
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seba240698 Senior	03-Feb-2021 08:24        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually it is not so much that Comfort is cheaper, but Grab is getting more and more expensive this year. :) tongphlp      ( Date: 03-Feb-2021 06:52) Posted: this could lead to very unhealthy competition and each one slash price to go lower and even lower...end of the day the consumers like you and me gain :)    seba240698      ( Date: 03-Feb-2021 06:42) Posted: This year January, I come to be aware that Comfortride fixed fares are most of the time (70 to 80 % of the time) cheaper than Grab, I thought it is only me but when I check it with my colleagues and friends, they also say the same, CDG is most of the time cheaper than Grab, it could be the locations and timings, but how can my colleagues and friends order transport the same time and locations as me during weekends? It leads me to the conclusion that CDG is perhaps very aggressive this year to attract riders, could it be for the opening up of the Comfortride jobs for PHCs? I'm just speculating.
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kiseki_2818 Master	03-Feb-2021 08:02        kiseki_2818 About Contact  Quote this Post!
x 0   x 0  Alert Admin	ok, then let's sit on the slowly rising wave pattern. slowly up n end of yr 2021 target 2.21. trade with care, do not over-stretch.
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tongphlp Supreme	03-Feb-2021 06:52        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	this could lead to very unhealthy competition and each one slash price to go lower and even lower...end of the day the consumers like you and me gain :)    seba240698      ( Date: 03-Feb-2021 06:42) Posted: This year January, I come to be aware that Comfortride fixed fares are most of the time (70 to 80 % of the time) cheaper than Grab, I thought it is only me but when I check it with my colleagues and friends, they also say the same, CDG is most of the time cheaper than Grab, it could be the locations and timings, but how can my colleagues and friends order transport the same time and locations as me during weekends? It leads me to the conclusion that CDG is perhaps very aggressive this year to attract riders, could it be for the opening up of the Comfortride jobs for PHCs? I'm just speculating.
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seba240698 Senior	03-Feb-2021 06:42        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This year January, I come to be aware that Comfortride fixed fares are most of the time (70 to 80 % of the time) cheaper than Grab, I thought it is only me but when I check it with my colleagues and friends, they also say the same, CDG is most of the time cheaper than Grab, it could be the locations and timings, but how can my colleagues and friends order transport the same time and locations as me during weekends? It leads me to the conclusion that CDG is perhaps very aggressive this year to attract riders, could it be for the opening up of the Comfortride jobs for PHCs? I'm just speculating.
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Starship Supreme	03-Feb-2021 00:34        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	justicebaogaliao      ( Date: 02-Feb-2021 22:59) Posted: Oh cmon Conman, even your bullshxt post is not making any bull sense in this bull year if i believed u, i wouldn' t have laughed at ur pathetic shorts to 20 cents for so loooong In fact, how can you a Conman believe everything on the news, especially the news where Grab and Gojek are going for merger 🤣 Conman      ( Date: 02-Feb-2021 22:01) Posted: The more I look at what you post, the more I am concinced that you are not worth my time. You are so new that you dont know stocks move in waves meh? Go and learn some wave theories before talking cock in forums. Everything I said you also believe meh? If I tell you I am a sweet 17 you believe or not? Lol
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justicebaogaliao Veteran	02-Feb-2021 22:59        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oh cmon Conman, even your bullshxt post is not making any bull sense in this bull year if i believed u, i wouldn' t have laughed at ur pathetic shorts to 20 cents for so loooong In fact, how can you a Conman believe everything on the news, especially the news where Grab and Gojek are going for merger 🤣 Conman      ( Date: 02-Feb-2021 22:01) Posted: The more I look at what you post, the more I am concinced that you are not worth my time. You are so new that you dont know stocks move in waves meh? Go and learn some wave theories before talking cock in forums. Everything I said you also believe meh? If I tell you I am a sweet 17 you believe or not? Lol justicebaogaliao      ( Date: 02-Feb-2021 20:02) Posted: when Cdg was at 1.3x, there is one Conman who bullshixted his way to 20 cents, end up who do you think pump this to 1.4x, 1.5x, 1.6x, 1.7x 🤣 Is it going to be the same bunch of people? What do you think
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Conman Elite	02-Feb-2021 22:01        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	The more I look at what you post, the more I am concinced that you are not worth my time. You are so new that you dont know stocks move in waves meh? Go and learn some wave theories before talking cock in forums. Everything I said you also believe meh? If I tell you I am a sweet 17 you believe or not? Lol justicebaogaliao      ( Date: 02-Feb-2021 20:02) Posted: when Cdg was at 1.3x, there is one Conman who bullshixted his way to 20 cents, end up who do you think pump this to 1.4x, 1.5x, 1.6x, 1.7x 🤣 Is it going to be the same bunch of people? What do you think? Conman      ( Date: 02-Feb-2021 18:58) Posted: Really? Who will pump? The Morgans, DBS? OCBC? UOB? Temasek? When? Can share with all brothers and sisters because many want to sell and huat to the bank. Or, you were just bull shitting
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justicebaogaliao Veteran	02-Feb-2021 20:02        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	when Cdg was at 1.3x, there is one Conman who bullshixted his way to 20 cents, end up who do you think pump this to 1.4x, 1.5x, 1.6x, 1.7x 🤣 Is it going to be the same bunch of people? What do you think? Conman      ( Date: 02-Feb-2021 18:58) Posted: Really? Who will pump? The Morgans, DBS? OCBC? UOB? Temasek? When? Can share with all brothers and sisters because many want to sell and huat to the bank. Or, you were just bull shitting? justicebaogaliao      ( Date: 02-Feb-2021 18:11) Posted: relax Conman, when it' s time to pump people will pump - as it depends on many factors, however none of it has to do with your Taxi tal
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Conman Elite	02-Feb-2021 18:58        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	Really? Who will pump? The Morgans, DBS? OCBC? UOB? Temasek? When? Can share with all brothers and sisters because many want to sell and huat to the bank. Or, you were just bull shitting? justicebaogaliao      ( Date: 02-Feb-2021 18:11) Posted: relax Conman, when it' s time to pump people will pump - as it depends on many factors, however none of it has to do with your Taxi talk Conman      ( Date: 02-Feb-2021 16:42) Posted: But your tips so useful. Maybe they are buzy having meeting with Grab today and got no time to pump. Wait Mdm Ho sees your tips maybe she will ask Temasek to pump
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justicebaogaliao Veteran	02-Feb-2021 18:11        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	relax Conman, when it' s time to pump people will pump - as it depends on many factors, however none of it has to do with your Taxi talk Conman      ( Date: 02-Feb-2021 16:42) Posted: But your tips so useful. Maybe they are buzy having meeting with Grab today and got no time to pump. Wait Mdm Ho sees your tips maybe she will ask Temasek to pump. justicebaogaliao      ( Date: 02-Feb-2021 16:26) Posted: my tips are nvr meant for others to pump or sell it is only meant to stop Conmens from deceiving others with so many untrue statements
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Conman Elite	02-Feb-2021 16:42        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	But your tips so useful. Maybe they are buzy having meeting with Grab today and got no time to pump. Wait Mdm Ho sees your tips maybe she will ask Temasek to pump. justicebaogaliao      ( Date: 02-Feb-2021 16:26) Posted: my tips are nvr meant for others to pump or sell it is only meant to stop Conmens from deceiving others with so many untrue statements  Conman      ( Date: 02-Feb-2021 16:21) Posted: Justicebao, you gave so many tips why the two Morgans never pump? Or they pumped secretly
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justicebaogaliao Veteran	02-Feb-2021 16:26        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	my tips are nvr meant for others to pump or sell it is only meant to stop Conmens from deceiving others with so many untrue statements  Conman      ( Date: 02-Feb-2021 16:21) Posted: Justicebao, you gave so many tips why the two Morgans never pump? Or they pumped secretly? justicebaogaliao      ( Date: 01-Feb-2021 23:33) Posted: Conman can tcss with his Taxis and PHVs for the next 5 years, however ppl don' t hear him mention factors like: - maintenance costs and vehicle inspections which ensures safety standards are met - size of customer pool - baby seats not required for infants to board a Taxi - commission based charges per trip - taxes paid - car sharing costs comparison based on commission charges per trip
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