| Latest Forum Topics / ComfortDelGro Last:1.29 -- |
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ComfortDelGro fundamentally strong but price weak
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oldcoconut
Senior |
10-Nov-2017 12:35
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Thks for advice. i read analysts reports say that the lowest the price can go down is $1.60 cos othee are other 6 businesses in confortdelgo. Biggest public transport is makng profits.The price $1.60 analysts has alr taken into acc if the alliance is not successful, the worst case for taxi division.
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seba240698
Senior |
10-Nov-2017 12:32
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The good thing about alliance with Uber very much depends on the terms and conditions, to be good for CDG, it must get their cars for maintenance and inspections and get their platform to let CDG drivers to get more jobs. Then CDG will gain share price. I think the 2 parties must have a hard time negotiating that's why until today we still cannot see results of alliance....
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MonkeyKingGod
Senior |
10-Nov-2017 12:31
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yes. but you have to know that prices are triggered by buy & sell. thou fundatmentally it is good, the outlook & growth stage has tremendously slowed down due to comeptitor from PH. in addtiona, the loss in thompson line also dealth a huge blow.  best case sceneraio is Uber to alliance with comfortdelgro to drive a catalyst in the stock up  (*Note that Uber suffer huge loss & grab is not making $ since the start ( reckon that 2B from softbank should have been drained & is sucking on 700m on the news of alliance with SMRT) (many drivers has switch over for temporary promotion and rebates - to see how long grab can sustain till the funding runs out - not profitable since day 1 and is a fintech firm) OR thompson line to be award to SBS due to the incompetence of SMRT ( which is unlikely) and note that SBS bus is not really a catalyst thou keep annoucing earning - competion in bus is increasing (U have SMRT, tower transit & go ahead - so many bus operators on roads). Comfortdelgro has so call suffered a correction from $3 to $2 now a share since last year thou it is making profit every year. i only hope for an alliance to drive price up on confidence or a privatisation (case like SMRT) but everything will be own by government 
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oldcoconut
Senior |
10-Nov-2017 12:13
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That is why ignorance breeds disaster. must have holding power to hold a stock for yrs. Comfort fundamentals r v good. All the noise such as grab just ignore.
Price now is no good but beleve me, it will bounce back
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BetterStill
Veteran |
10-Nov-2017 12:11
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AND can someone enlighten me what?s the excitement for alliance with Uber? My view is Uber is a huge burden . The whole world knew they are in deep debt and their investigators also lost interest to fund in. So comfort is going to use our poor small shareholder monies to support this new brother? At that time not just the share price drop, dividends also gone...my 2 cents. | ||||
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BetterStill
Veteran |
10-Nov-2017 11:55
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Talk so much also no use, the current price tells everything . Competitior good= comfort bad, competitor not good doesn?t mean comfort good either....loose loose situation . Can?t see hope in 5 years...me vested, bery bad choice as didn?t predict Grab background so strong . | ||||
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seba240698
Senior |
10-Nov-2017 11:38
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Agree with you except the $1.60 part, when you fully throw away CDG taxi business, the share price fair value is $1.85, this has been calculated in many reports, so I think the share price will not fall below $1.85, even without Uber alliance. | ||||
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oldcoconut
Senior |
10-Nov-2017 10:29
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Agree wth you. Comfortdelgo a lot of peope think only taxi business. Price will.not drop.to below $1.60 cos there are 6 other businesses to support it.
Right now, all of us r waiting news of a sccessful alliance. tonight comfort will report its 3rd quater results. Taxi definitely will drop 10% or more. Bus n Dt will increase profits.
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MonkeyKingGod
Senior |
10-Nov-2017 10:16
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got 7 business - to add on - 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.
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oldcoconut
Senior |
10-Nov-2017 10:13
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Comfort got 7 businesses. Biggest is Public Transport comprising Sbs transit & Ne, dt lines.
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oldcoconut
Senior |
10-Nov-2017 10:11
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u r wrong. comfort taxi is only 33%. Today after trading, got 3rd quarter reports. Xian no chiong now.
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yehyeh
Senior |
10-Nov-2017 10:03
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Comfort mainly from taxi income while sbs mainly from bus income
I also wonder whether comfort can do well with competition with grab
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MonkeyKingGod
Senior |
10-Nov-2017 09:40
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you alr say hitch liao. u should see justgrab and grabtaxi or car then compare. 
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seba240698
Senior |
10-Nov-2017 05:06
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I think SBS will chiong, but I doubt CDG will go up much. We have to wait for the 3Q results to see any direction of CDG share price.
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investshare
Supreme |
09-Nov-2017 21:04
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Just now I took Grab hitch, after discount $7, vs Comfort $30. How to compete? | ||||
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oldcoconut
Senior |
09-Nov-2017 21:01
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tom comfort will chiong cos Sbs transit increases by 42%.😊 | ||||
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laksaman57
Supreme |
09-Nov-2017 13:30
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http://www.businesswire.com/news/home/20171107006107/en/NAVYA-Unveils-Fully-Autonomous-Taxi | ||||
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oldcoconut
Senior |
08-Nov-2017 21:48
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result so long since 22 august. what do u think? | ||||
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Starship
Supreme |
08-Nov-2017 16:55
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Grab, in second salvo at ComfortDelGro, offers to scrap 20% commission for cabbies who switch SINGAPORE &mdash In a second major attempt at luring drivers from Singapore&rsquo s largest taxi operator, Grab is offering to scrap the 20 per cent commission it takes for every ride completed by its drivers and charge ComfortDelGro drivers who make the switch just 60 cents per ride. To further entice the drivers to jump ship, the ride-hailing firm is also offering heavy rental and fuel discounts, as well as the option to choose incentives such as a minimum S$10 fare for every trip. Grab&rsquo s latest offer was sent via text messages to thousands of ComfortDelGro drivers on Monday (November 6) afternoon. Responding to queries from TODAY, a spokesperson for Grab confirmed the authenticity of the message circulating among cabbies, and said the ride-hailing company decided to launch their latest initiative following &ldquo successful results&rdquo from their first campaign in September. http://www.todayonline.com/singapore/grab-second-salvo-comfortdelgro-offers-scrap-20-commission-cabbies-who-switch?cx_tag=recommend4utoday& cid=tg:recos:recommend4utoday:standard#cxrecs_s |
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seba240698
Senior |
08-Nov-2017 15:20
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Yes, Grab/Uber drivers are paying income tax, esp those full time drivers.
It is actually a win win for commuters, as long as none of the parties (Grab, CDG or Uber) monopolize the market.
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