Back

Latest Forum Topics / ComfortDelGro    Last:1.29 --

Post Reply

COMFORT DELGRO - MOVING FORWARD Post Reply Rate topic
Starship Supreme	14-Jan-2021 14:39        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin
Useful To Me  Not Useful To Me
Conman Elite	14-Jan-2021 14:28        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	Unfortunately it is just the opposite of what you said. SMRT needs not pay dividends in order to do a good job. What say you? Entropy72      ( Date: 14-Jan-2021 12:36) Posted: Very silly if Govt award contracts only to non-listed companies. It would be shortchanging itself as non-listed companies are also out for profit and not doing charity. Why reduce competition? Conman      ( Date: 14-Jan-2021 12:22) Posted: You have said it correctly this time round! Yes, essential public service should not be done by public listed companies so that the government needs not make sure that the companies concerned can report huge profits and pay dividends to the shares punters. But with SMRT around, government doesnt even to buy out this zom bee. It only needs to award zom bee's contracts to SMRT in the next bidding, and all problem will be solved.
Useful To Me  Not Useful To Me
Entropy72 Master	14-Jan-2021 12:36        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very silly if Govt award contracts only to non-listed companies. It would be shortchanging itself as non-listed companies are also out for profit and not doing charity. Why reduce competition? Conman      ( Date: 14-Jan-2021 12:22) Posted: You have said it correctly this time round! Yes, essential public service should not be done by public listed companies so that the government needs not make sure that the companies concerned can report huge profits and pay dividends to the shares punters. But with SMRT around, government doesnt even to buy out this zom bee. It only needs to award zom bee's contracts to SMRT in the next bidding, and all problem will be solved. justicebaogaliao      ( Date: 14-Jan-2021 08:04) Posted: ya bro, u can privatize all of them including our government when u become PM - but i will not vote for u 😂
Useful To Me  Not Useful To Me
Conman Elite	14-Jan-2021 12:22        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	You have said it correctly this time round! Yes, essential public service should not be done by public listed companies so that the government needs not make sure that the companies concerned can report huge profits and pay dividends to the shares punters. But with SMRT around, government doesnt even to buy out this zom bee. It only needs to award zom bee's contracts to SMRT in the next bidding, and all problem will be solved. justicebaogaliao      ( Date: 14-Jan-2021 08:04) Posted: ya bro, u can privatize all of them including our government when u become PM - but i will not vote for u 😂 Conman      ( Date: 14-Jan-2021 06:48) Posted: If the government can gurantee profits and dividend payment, why not? Dont forget PUB, HDB, Singapore Power, ICA, SGH...and everything surving on tax-payers' life-lines, so that uncles like you can punt them up and down and earn dividends.
Useful To Me  Not Useful To Me
justicebaogaliao Veteran	14-Jan-2021 08:04        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	ya bro, u can privatize all of them including our government when u become PM - but i will not vote for u 😂 Conman      ( Date: 14-Jan-2021 06:48) Posted: If the government can gurantee profits and dividend payment, why not? Dont forget PUB, HDB, Singapore Power, ICA, SGH...and everything surving on tax-payers' life-lines, so that uncles like you can punt them up and down and earn dividends. justicebaogaliao      ( Date: 13-Jan-2021 21:58) Posted: aiyo Conman... had the government not privatized the transport sector, CDG wouldn' t be able to extend its business overseas for GROWTH maybe when u become PM, u can try to privatize the police force or build an army overseas for a profit
Useful To Me  Not Useful To Me
Conman Elite	14-Jan-2021 06:48        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	If the government can gurantee profits and dividend payment, why not? Dont forget PUB, HDB, Singapore Power, ICA, SGH...and everything surving on tax-payers' life-lines, so that uncles like you can punt them up and down and earn dividends. justicebaogaliao      ( Date: 13-Jan-2021 21:58) Posted: aiyo Conman... had the government not privatized the transport sector, CDG wouldn' t be able to extend its business overseas for GROWTH maybe when u become PM, u can try to privatize the police force or build an army overseas for a profit    Conman      ( Date: 13-Jan-2021 21:30) Posted: You have hit the nail right on its head! Nothing wrong with the police or military of course. But they are not listed in the stock market. Maybe PUB should be listed in the stock market for you to invest too
Useful To Me  Not Useful To Me
justicebaogaliao Veteran	13-Jan-2021 21:58        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	aiyo Conman... had the government not privatized the transport sector, CDG wouldn' t be able to extend its business overseas for GROWTH maybe when u become PM, u can try to privatize the police force or build an army overseas for a profit    Conman      ( Date: 13-Jan-2021 21:30) Posted: You have hit the nail right on its head! Nothing wrong with the police or military of course. But they are not listed in the stock market. Maybe PUB should be listed in the stock market for you to invest too. seba240698      ( Date: 13-Jan-2021 21:19) Posted: What is wrong with a company doing BCM? If SBS can do a better job than the other bus companies, SBS deserved to get the job. And what is wrong to get paid by tax payers money? Are you implying that police officers, military officers, teachers and all civil servants don't deserve their salaries as their salaries are paid by tax payers?
Useful To Me  Not Useful To Me
Conman Elite	13-Jan-2021 21:30        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	You have hit the nail right on its head! Nothing wrong with the police or military of course. But they are not listed in the stock market. Maybe PUB should be listed in the stock market for you to invest too. seba240698      ( Date: 13-Jan-2021 21:19) Posted: What is wrong with a company doing BCM? If SBS can do a better job than the other bus companies, SBS deserved to get the job. And what is wrong to get paid by tax payers money? Are you implying that police officers, military officers, teachers and all civil servants don't deserve their salaries as their salaries are paid by tax payers? Conman      ( Date: 13-Jan-2021 21:13) Posted: So finally you agreed to my points that this public bus operator is just a contractor surviving on tax-payers' money? That was exactly what I was trying to say, and that was my definition of a Zombie in the stock market, surviving day in and day out with contract payment from the government with no growth potential and can be fired anytime and taken over by two other contractors. Think in line with any orher contractor bidding for government project you will get the idea of what it is. Anyway, the next bidding for bus routes under the BCM is in 2016.
Useful To Me  Not Useful To Me
Conman Elite	13-Jan-2021 21:25        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	You need to prove what you said. You can deny that you were promoting medical stocks. I am surely not the only one in this forum who saw your posts but just ignored. If you want to deny, it is ok. It doesnt affect me at all. Likely that no one else believed you because I always saw you only talking to yourself with no one responding. TA_Expert      ( Date: 13-Jan-2021 21:09) Posted: You are creating something out of nowhere with showing proof.  Just like I said that you are promoting ultra penny stocks. What happened to them now? Conman      ( Date: 13-Jan-2021 21:01) Posted: You need to answer your questions yourself because only you know what you were talking about medical stocks being so good
Useful To Me  Not Useful To Me
seba240698 Senior	13-Jan-2021 21:19        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What is wrong with a company doing BCM? If SBS can do a better job than the other bus companies, SBS deserved to get the job. And what is wrong to get paid by tax payers money? Are you implying that police officers, military officers, teachers and all civil servants don't deserve their salaries as their salaries are paid by tax payers? Conman      ( Date: 13-Jan-2021 21:13) Posted: So finally you agreed to my points that this public bus operator is just a contractor surviving on tax-payers' money? That was exactly what I was trying to say, and that was my definition of a Zombie in the stock market, surviving day in and day out with contract payment from the government with no growth potential and can be fired anytime and taken over by two other contractors. Think in line with any orher contractor bidding for government project you will get the idea of what it is. Anyway, the next bidding for bus routes under the BCM is in 2016. seba240698      ( Date: 13-Jan-2021 19:34) Posted: When you said breakeven, who breakeven? Government or SBSTransit? It is a known fact that SBS is on Bus Contracting Model (BCM), what breakeven are you talking about? And during the pre pandemic years, SBS profit is shown publicly every year. If you say Government losing money on running public buses, it is a known fact too. Public buses, as the name implies, is a public good, it is like police force or military, never make money, only spend money. Maybe you show us by running a public bus company and make money, hahaha. Or easier, tell me which bus company from which country make money.
Useful To Me  Not Useful To Me
Conman Elite	13-Jan-2021 21:13        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	So finally you agreed to my points that this public bus operator is just a contractor surviving on tax-payers' money? That was exactly what I was trying to say, and that was my definition of a Zombie in the stock market, surviving day in and day out with contract payment from the government with no growth potential and can be fired anytime and taken over by two other contractors. Think in line with any orher contractor bidding for government project you will get the idea of what it is. Anyway, the next bidding for bus routes under the BCM is in 2016. seba240698      ( Date: 13-Jan-2021 19:34) Posted: When you said breakeven, who breakeven? Government or SBSTransit? It is a known fact that SBS is on Bus Contracting Model (BCM), what breakeven are you talking about? And during the pre pandemic years, SBS profit is shown publicly every year. If you say Government losing money on running public buses, it is a known fact too. Public buses, as the name implies, is a public good, it is like police force or military, never make money, only spend money. Maybe you show us by running a public bus company and make money, hahaha. Or easier, tell me which bus company from which country make money. Conman      ( Date: 13-Jan-2021 17:17) Posted: Would you believe this May Bank' Kareen Chan or Minister Lawrence Wong? According to the Minister a few months ago in the Parliament, even BEFORE THE PANDEMIC, of the total 356 bus routes in Singapore, only 11 managed to break even. On taxis, does this Kareen Chan know that CDG Taxis doesnt earn from the riders but from the taxi uncles? Can she tell us how CDG can attract more new uncles to drive its taxis
Useful To Me  Not Useful To Me
TA_Expert Supreme	13-Jan-2021 21:09        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	You are creating something out of nowhere with showing proof.  Just like I said that you are promoting ultra penny stocks. What happened to them now? Conman      ( Date: 13-Jan-2021 21:01) Posted: You need to answer your questions yourself because only you know what you were talking about medical stocks being so good. TA_Expert      ( Date: 13-Jan-2021 17:26) Posted: Medical stocks? Which one? Riverstone
Useful To Me  Not Useful To Me
Conman Elite	13-Jan-2021 21:01        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	You need to answer your questions yourself because only you know what you were talking about medical stocks being so good. TA_Expert      ( Date: 13-Jan-2021 17:26) Posted: Medical stocks? Which one? Riverstone? Conman      ( Date: 13-Jan-2021 17:21) Posted: You mean we can buy now at 1.70? You guarantee the price will cross $2? What about those medical stocks you recommended so strongly some months ago
Useful To Me  Not Useful To Me
seba240698 Senior	13-Jan-2021 19:34        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	When you said breakeven, who breakeven? Government or SBSTransit? It is a known fact that SBS is on Bus Contracting Model (BCM), what breakeven are you talking about? And during the pre pandemic years, SBS profit is shown publicly every year. If you say Government losing money on running public buses, it is a known fact too. Public buses, as the name implies, is a public good, it is like police force or military, never make money, only spend money. Maybe you show us by running a public bus company and make money, hahaha. Or easier, tell me which bus company from which country make money. Conman      ( Date: 13-Jan-2021 17:17) Posted: Would you believe this May Bank' Kareen Chan or Minister Lawrence Wong? According to the Minister a few months ago in the Parliament, even BEFORE THE PANDEMIC, of the total 356 bus routes in Singapore, only 11 managed to break even. On taxis, does this Kareen Chan know that CDG Taxis doesnt earn from the riders but from the taxi uncles? Can she tell us how CDG can attract more new uncles to drive its taxis? Entropy72      ( Date: 13-Jan-2021 09:08) Posted: Maybank Kim Eng ups ComfortDelGro's TP on gradual recovery in ridership for 2021 - THE EDGE SINGAPORE Maybank Kim Eng analyst Kareen Chan has maintained ?buy? on transport operator ComfortDelGro (CDG) with a higher target price of $1.88 from $1.76 previously, as she estimates recovery in ridership for taxis and public transport will recover in 2021. Chan has also upped CDG?s earnings per share (EPS) by 23% to account for operating leverage amid a recovery in ridership. ?CDG offers exposure to domestic transport recovery, which should see a faster pace of turnaround compared to aviation. Downside risks include further impairment of UK businesses due to the worsening Covid-19 situation,? she says in a report dated Jan 11. Due to the further easing of social distancing and work from home (WFH) measures, Chan says she expects a sequential recovery in rail ridership. The availability of Covid-19 vaccines will also help to boost public transport ridership, making it another positive for the counter. Meanwhile, CDG?s bus contracting model (BCM) should remain stable as these are fixed contracts, and the Covid-19 situation in Singapore and Australia continues to remain under control, she notes. ?A sharp drop in fuel prices in January to April 2020 has resulted lower BCM contract fees in 1HFY2020. With fuel prices recovering since 2QFY2020, we expect BCM to contribute a more stable portion in FY2021,? says Chan. ?Thus, we have factored in 4.5% y-o-y revenue growth in public transport for FY2021 as we assume rail ridership will return to 75% of pre-Covid levels,? she adds. Ridership has also seen a sharp rebound in 3QFY2020, as riders now prefer taking taxis or private hire cars to reduce social interaction. ?The momentum should continue to gather steam, and alternative data (the number of taxis at taxi stands during peak hours) suggests that taxi idling rate has decreased around 90% in the past three months,? she says. Chan also cites, anecdotally, that conversations with taxi drivers, as well as Grab drivers, suggest that the situation has improved ?vastly?. ?Meanwhile, the implementation of stricter point-to-point regulation for PHC firms, and potential merger of Grab and Gojek indicate less competition for CDG,? says Chan. ?Overall, we do not expect CDG to provide substantial rental rebates to taxi drivers and forecast 30% y-o-y revenue growth this year,? she adds. To this end, Chan foresees that CDG?s stock price may recover in stages. This, she says, is catalysed by the easing of WFH measures, the control of the number of Covid-19 infections in the UK and the return of tourists when air travel resumes. ?The stock is trading at 24.1x FY21E price-to-earnings (P/E) with 2.5% FY21E yield. The current price implies 1.4x (price-to-book) P/B, which is 2 standard deviation (s.d.) below historical mean. Covid-19 has made inflection points hard to predict but CDG offers value as the worst is over and long-term fundamentals are intact,? she says.
Useful To Me  Not Useful To Me
Starship Supreme	13-Jan-2021 18:01        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	justicebaogaliao      ( Date: 13-Jan-2021 17:18) Posted: Shortists like Conman is running out of time ⌛ ️
Useful To Me  Not Useful To Me
TA_Expert Supreme	13-Jan-2021 17:26        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	Medical stocks? Which one? Riverstone? Conman      ( Date: 13-Jan-2021 17:21) Posted: You mean we can buy now at 1.70? You guarantee the price will cross $2? What about those medical stocks you recommended so strongly some months ago? TA_Expert      ( Date: 13-Jan-2021 12:04) Posted: One of the laggards. Buy now before it it too late. It is worth more than $2 stock.
Useful To Me  Not Useful To Me
Conman Elite	13-Jan-2021 17:23        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	You sure I shorted? As I said, you are always wrong. justicebaogaliao      ( Date: 13-Jan-2021 17:18) Posted: Shortists like Conman is running out of time ⌛ ️
Useful To Me  Not Useful To Me
Conman Elite	13-Jan-2021 17:21        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	You mean we can buy now at 1.70? You guarantee the price will cross $2? What about those medical stocks you recommended so strongly some months ago? TA_Expert      ( Date: 13-Jan-2021 12:04) Posted: One of the laggards. Buy now before it it too late. It is worth more than $2 stock.
Useful To Me  Not Useful To Me
justicebaogaliao Veteran	13-Jan-2021 17:18        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shortists like Conman is running out of time ⌛ ️
Useful To Me  Not Useful To Me
Conman Elite	13-Jan-2021 17:17        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	Would you believe this May Bank' Kareen Chan or Minister Lawrence Wong? According to the Minister a few months ago in the Parliament, even BEFORE THE PANDEMIC, of the total 356 bus routes in Singapore, only 11 managed to break even. On taxis, does this Kareen Chan know that CDG Taxis doesnt earn from the riders but from the taxi uncles? Can she tell us how CDG can attract more new uncles to drive its taxis? Entropy72      ( Date: 13-Jan-2021 09:08) Posted: Maybank Kim Eng ups ComfortDelGro's TP on gradual recovery in ridership for 2021 - THE EDGE SINGAPORE Maybank Kim Eng analyst Kareen Chan has maintained ?buy? on transport operator ComfortDelGro (CDG) with a higher target price of $1.88 from $1.76 previously, as she estimates recovery in ridership for taxis and public transport will recover in 2021. Chan has also upped CDG?s earnings per share (EPS) by 23% to account for operating leverage amid a recovery in ridership. ?CDG offers exposure to domestic transport recovery, which should see a faster pace of turnaround compared to aviation. Downside risks include further impairment of UK businesses due to the worsening Covid-19 situation,? she says in a report dated Jan 11. Due to the further easing of social distancing and work from home (WFH) measures, Chan says she expects a sequential recovery in rail ridership. The availability of Covid-19 vaccines will also help to boost public transport ridership, making it another positive for the counter. Meanwhile, CDG?s bus contracting model (BCM) should remain stable as these are fixed contracts, and the Covid-19 situation in Singapore and Australia continues to remain under control, she notes. ?A sharp drop in fuel prices in January to April 2020 has resulted lower BCM contract fees in 1HFY2020. With fuel prices recovering since 2QFY2020, we expect BCM to contribute a more stable portion in FY2021,? says Chan. ?Thus, we have factored in 4.5% y-o-y revenue growth in public transport for FY2021 as we assume rail ridership will return to 75% of pre-Covid levels,? she adds. Ridership has also seen a sharp rebound in 3QFY2020, as riders now prefer taking taxis or private hire cars to reduce social interaction. ?The momentum should continue to gather steam, and alternative data (the number of taxis at taxi stands during peak hours) suggests that taxi idling rate has decreased around 90% in the past three months,? she says. Chan also cites, anecdotally, that conversations with taxi drivers, as well as Grab drivers, suggest that the situation has improved ?vastly?. ?Meanwhile, the implementation of stricter point-to-point regulation for PHC firms, and potential merger of Grab and Gojek indicate less competition for CDG,? says Chan. ?Overall, we do not expect CDG to provide substantial rental rebates to taxi drivers and forecast 30% y-o-y revenue growth this year,? she adds. To this end, Chan foresees that CDG?s stock price may recover in stages. This, she says, is catalysed by the easing of WFH measures, the control of the number of Covid-19 infections in the UK and the return of tourists when air travel resumes. ?The stock is trading at 24.1x FY21E price-to-earnings (P/E) with 2.5% FY21E yield. The current price implies 1.4x (price-to-book) P/B, which is 2 standard deviation (s.d.) below historical mean. Covid-19 has made inflection points hard to predict but CDG offers value as the worst is over and long-term fundamentals are intact,? she says.
Useful To Me  Not Useful To Me

                                                         First   < Newer   6401-6420 of 7131   Older>   Last