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investshare Supreme	01-Nov-2017 10:13        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oh sorry my bad. r1hell      ( Date: 01-Nov-2017 08:26) Posted: Not $55mil la is $5.5 mil investshare      ( Date: 01-Nov-2017 08:11) Posted: $55m / 170 = $323k !
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seba240698 Senior	01-Nov-2017 10:12        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Even $5.5 mil, per taxi is $32.3 k, still very ex! r1hell      ( Date: 01-Nov-2017 08:26) Posted: Not $55mil la is $5.5 mil investshare      ( Date: 01-Nov-2017 08:11) Posted: $55m / 170 = $323k !
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blurtrader Master	01-Nov-2017 09:12        blurtrader About Contact  Quote this Post!
x 0   x 0  Alert Admin	my patience paid off :)
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NextEvolution Elite	01-Nov-2017 08:46        NextEvolution About Contact  Quote this Post!
x 0   x 0  Alert Admin	Old school thoughts expansion. I won't be surprised that CDG invest in a pulled rickshaw (not trishaw) company one day down the road, if they can find one still somewhere tucked at a remote corner of the world.... LOL
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r1hell Member	01-Nov-2017 08:26        r1hell About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not $55mil la is $5.5 mil investshare      ( Date: 01-Nov-2017 08:11) Posted: $55m / 170 = $323k !
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spore1 Supreme	01-Nov-2017 08:24        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ultra exp !! investshare      ( Date: 01-Nov-2017 08:11) Posted: $55m / 170 = $323k !
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investshare Supreme	01-Nov-2017 08:11        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	$55m / 170 = $323k !
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Observers Elite	01-Nov-2017 07:50        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	With a fleet of 170 taxis, Metro Taxi is the largest taxi management company in Perth. It provides taxi plate management, ownership and maintenance of taxi fleet, and leasing of taxis to hirers. Seriously? 170 taxis? Largest? Perth is some kind of village in Australia? investshare      ( Date: 31-Oct-2017 23:10) Posted: A typewriter company trying to build a bigger typewriter? laksaman57      ( Date: 31-Oct-2017 22:38) Posted: http://www.businesstimes.com.sg/companies-markets/comfortdelgro-subsidiary-acquires-assets-of-perth-based-taxi-management-company
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investshare Supreme	31-Oct-2017 23:10        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	A typewriter company trying to build a bigger typewriter? laksaman57      ( Date: 31-Oct-2017 22:38) Posted: http://www.businesstimes.com.sg/companies-markets/comfortdelgro-subsidiary-acquires-assets-of-perth-based-taxi-management-company
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laksaman57 Supreme	31-Oct-2017 22:38        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://www.businesstimes.com.sg/companies-markets/comfortdelgro-subsidiary-acquires-assets-of-perth-based-taxi-management-company
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seba240698 Senior	31-Oct-2017 19:49        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sir, perhaps you would like to share with us why do you think there will be an alliance? What are your views? oldcoconut      ( Date: 31-Oct-2017 19:24) Posted: i think there will be a alliance. i think the opening will be 30 cents. what do u tink? seba240698      ( Date: 31-Oct-2017 14:54) Posted: Bros, my opinion on the terms of alliance:- Uber wants from CDG:- a) a fleet of taxis at its disposal when PHVs are in high demand for eg. when it rains, trains breakdown, Uber has only 15,000 PHVs (Grab has about 25,000) so Uber is WORSE than Grab in the numbers, without a large fleet of PHVs plus taxis, Uber cannot sustatin its apps as commuters will face long waiting time, b) a stream of willing taxi drivers who can drives both taxis and PHVs, so cross conversion of CDG taxis with Uber PHVs is very flexible. What CDG wants from Uber:- a) its booking platform. Although CDG has its own booking platform, it still cannot capture the younger and commuters who wants cheaper rides, so with taxi able to get bookings from Uber apps, it can complement Uber PHVs during high demand, raining days or train breakdown, and CDG drivers could hopefully earn more and don' t jump ship to Grab, b) to maintain and isnpect Uber' s 15,000 PHVs under Lion City Rental, this will make CDG' s Automotive Service arm and VICOM stedydtream of revenue at least for the few years. BUT, a big BUT is this:- 1) How much Uber wants to charge CDG taxi drivers for jobs booked from its apps? Grab charges taxi drivers (other than CDG' s taxi drivers) 10% of the fare, I think it is too much (athough it charges PHVs drivers even more, at 20%), if Uber can just charge 5% or better still $0.50 (CDG call centre charges taxi drivers $0.50 only per booking job). I think the negotiation is very much centred on this commison, that' s why so slow progress..... 2) How much CDG wants to charge Uber on the maintaining and inspecting the Uber' s 15,000 PHVs? Shoud it give discount or charge public rates? I think CDG should give discount, this one also, I think, cause the outcome of the alliance to be delayed, 3) Who is going to scrape its vehicles. We know the total number of CDG' s taxis and Ubers PHVs is just too many, but who is going to scrape how many vehicles? I think it is easier to sell PHVs in the second hand market, so Uber should trim its PHVs fleet first, but then again, is Uber agreeable to this? It all boils down to who is more " desparate" for the alliance, Uber or CDG? Lets  look at the consequences of no alliance for both companies. I think Uber has to exit Singapore if no alliance, as operating PHVs alone is just not sustainable in Singapore. Grab knew this long ago, look at it, it had intention to tie up with many taxi coys since its inception 4 years back, this further proves that operating PHVs alone is just not sustainable. Do you know that the very first taxi coy Grab wrote in to propose a tie-up was CDG (I think 2 to 3 years back)? Of course you know the answer, CDG rejected the idea then. How about CDG? Its  shares will plunge at least another 5% if no alliance, and when Uber exits Singapore, it has to fight the war alone agianst Grab and other taxi coys. Eventually how each weighs the imapct of non-alliance is really up to their top maangemnt. what we can do is just wait and watch....... and perhaps pray.....
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seba240698 Senior	31-Oct-2017 19:40        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think $0.30 higher is likely to be due to knee jerk reaction, it won' t last. What the shareholders need to digest is the details of alliance. Case 1 : If the alliance benefits Uber more than CDG, the $0.30 increase might not sustain, and subsequent fall back to $2.1 or even $2 is possible. Case 2 : If the alliance benefits CDG more than Uber (low drivers booking fees, maintneance of Uber' s PHVs by CDG), then the $0.30 is likely to maintain. This is a long drawn price war, I don' t see it subsiding any sooner. It will intensify. What we can bang on is:- 1) Grab burnt out all its money (highly impossible), 2) Grab gives up and shifted its focus elsewhere like e-payment or driverless vehicles (highly possible), 3) Another 3rd party ride hailing tech company comes and compete (possible) but in this case Grab, Uber and CDG suffer, 4) Govt intervention (quite possible), likely in 2019 or 2020 before the next GE. My 2 cent worth.
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oldcoconut Senior	31-Oct-2017 19:25        oldcoconut About Contact  Quote this Post!
x 0   x 0  Alert Admin	30 cent higher oldcoconut      ( Date: 31-Oct-2017 19:24) Posted: i think there will be a alliance. i think the opening will be 30 cents. what do u tink? seba240698      ( Date: 31-Oct-2017 14:54) Posted: Bros, my opinion on the terms of alliance:- Uber wants from CDG:- a) a fleet of taxis at its disposal when PHVs are in high demand for eg. when it rains, trains breakdown, Uber has only 15,000 PHVs (Grab has about 25,000) so Uber is WORSE than Grab in the numbers, without a large fleet of PHVs plus taxis, Uber cannot sustatin its apps as commuters will face long waiting time, b) a stream of willing taxi drivers who can drives both taxis and PHVs, so cross conversion of CDG taxis with Uber PHVs is very flexible. What CDG wants from Uber:- a) its booking platform. Although CDG has its own booking platform, it still cannot capture the younger and commuters who wants cheaper rides, so with taxi able to get bookings from Uber apps, it can complement Uber PHVs during high demand, raining days or train breakdown, and CDG drivers could hopefully earn more and don' t jump ship to Grab, b) to maintain and isnpect Uber' s 15,000 PHVs under Lion City Rental, this will make CDG' s Automotive Service arm and VICOM stedydtream of revenue at least for the few years. BUT, a big BUT is this:- 1) How much Uber wants to charge CDG taxi drivers for jobs booked from its apps? Grab charges taxi drivers (other than CDG' s taxi drivers) 10% of the fare, I think it is too much (athough it charges PHVs drivers even more, at 20%), if Uber can just charge 5% or better still $0.50 (CDG call centre charges taxi drivers $0.50 only per booking job). I think the negotiation is very much centred on this commison, that' s why so slow progress..... 2) How much CDG wants to charge Uber on the maintaining and inspecting the Uber' s 15,000 PHVs? Shoud it give discount or charge public rates? I think CDG should give discount, this one also, I think, cause the outcome of the alliance to be delayed, 3) Who is going to scrape its vehicles. We know the total number of CDG' s taxis and Ubers PHVs is just too many, but who is going to scrape how many vehicles? I think it is easier to sell PHVs in the second hand market, so Uber should trim its PHVs fleet first, but then again, is Uber agreeable to this? It all boils down to who is more " desparate" for the alliance, Uber or CDG? Lets  look at the consequences of no alliance for both companies. I think Uber has to exit Singapore if no alliance, as operating PHVs alone is just not sustainable in Singapore. Grab knew this long ago, look at it, it had intention to tie up with many taxi coys since its inception 4 years back, this further proves that operating PHVs alone is just not sustainable. Do you know that the very first taxi coy Grab wrote in to propose a tie-up was CDG (I think 2 to 3 years back)? Of course you know the answer, CDG rejected the idea then. How about CDG? Its  shares will plunge at least another 5% if no alliance, and when Uber exits Singapore, it has to fight the war alone agianst Grab and other taxi coys. Eventually how each weighs the imapct of non-alliance is really up to their top maangemnt. what we can do is just wait and watch....... and perhaps pray.....
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oldcoconut Senior	31-Oct-2017 19:24        oldcoconut About Contact  Quote this Post!
x 0   x 0  Alert Admin	i think there will be a alliance. i think the opening will be 30 cents. what do u tink? seba240698      ( Date: 31-Oct-2017 14:54) Posted: Bros, my opinion on the terms of alliance:- Uber wants from CDG:- a) a fleet of taxis at its disposal when PHVs are in high demand for eg. when it rains, trains breakdown, Uber has only 15,000 PHVs (Grab has about 25,000) so Uber is WORSE than Grab in the numbers, without a large fleet of PHVs plus taxis, Uber cannot sustatin its apps as commuters will face long waiting time, b) a stream of willing taxi drivers who can drives both taxis and PHVs, so cross conversion of CDG taxis with Uber PHVs is very flexible. What CDG wants from Uber:- a) its booking platform. Although CDG has its own booking platform, it still cannot capture the younger and commuters who wants cheaper rides, so with taxi able to get bookings from Uber apps, it can complement Uber PHVs during high demand, raining days or train breakdown, and CDG drivers could hopefully earn more and don' t jump ship to Grab, b) to maintain and isnpect Uber' s 15,000 PHVs under Lion City Rental, this will make CDG' s Automotive Service arm and VICOM stedydtream of revenue at least for the few years. BUT, a big BUT is this:- 1) How much Uber wants to charge CDG taxi drivers for jobs booked from its apps? Grab charges taxi drivers (other than CDG' s taxi drivers) 10% of the fare, I think it is too much (athough it charges PHVs drivers even more, at 20%), if Uber can just charge 5% or better still $0.50 (CDG call centre charges taxi drivers $0.50 only per booking job). I think the negotiation is very much centred on this commison, that' s why so slow progress..... 2) How much CDG wants to charge Uber on the maintaining and inspecting the Uber' s 15,000 PHVs? Shoud it give discount or charge public rates? I think CDG should give discount, this one also, I think, cause the outcome of the alliance to be delayed, 3) Who is going to scrape its vehicles. We know the total number of CDG' s taxis and Ubers PHVs is just too many, but who is going to scrape how many vehicles? I think it is easier to sell PHVs in the second hand market, so Uber should trim its PHVs fleet first, but then again, is Uber agreeable to this? It all boils down to who is more " desparate" for the alliance, Uber or CDG? Lets  look at the consequences of no alliance for both companies. I think Uber has to exit Singapore if no alliance, as operating PHVs alone is just not sustainable in Singapore. Grab knew this long ago, look at it, it had intention to tie up with many taxi coys since its inception 4 years back, this further proves that operating PHVs alone is just not sustainable. Do you know that the very first taxi coy Grab wrote in to propose a tie-up was CDG (I think 2 to 3 years back)? Of course you know the answer, CDG rejected the idea then. How about CDG? Its  shares will plunge at least another 5% if no alliance, and when Uber exits Singapore, it has to fight the war alone agianst Grab and other taxi coys. Eventually how each weighs the imapct of non-alliance is really up to their top maangemnt. what we can do is just wait and watch....... and perhaps pray.....
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Starship Supreme	31-Oct-2017 15:20        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wonder if Grab, Uber, Comfort and others here will topple if and when China' s Didi Chuxing decides to launch in SG. They have Taxi, Hitch, Chauffeur, Car Pool, Car Rental even Bus and Minibus services as well. It had already bought over Uber China and kicked Uber out fm China. It is presently invested in Grab so there' s always a possibility they might decide to buy over the entire company as well.  And Temasek is invested in both Grab and Didi Chuxing. So both Temasek and Didi Chuxing are invested in Grab.
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seba240698 Senior	31-Oct-2017 14:54        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bros, my opinion on the terms of alliance:- Uber wants from CDG:- a) a fleet of taxis at its disposal when PHVs are in high demand for eg. when it rains, trains breakdown, Uber has only 15,000 PHVs (Grab has about 25,000) so Uber is WORSE than Grab in the numbers, without a large fleet of PHVs plus taxis, Uber cannot sustatin its apps as commuters will face long waiting time, b) a stream of willing taxi drivers who can drives both taxis and PHVs, so cross conversion of CDG taxis with Uber PHVs is very flexible. What CDG wants from Uber:- a) its booking platform. Although CDG has its own booking platform, it still cannot capture the younger and commuters who wants cheaper rides, so with taxi able to get bookings from Uber apps, it can complement Uber PHVs during high demand, raining days or train breakdown, and CDG drivers could hopefully earn more and don' t jump ship to Grab, b) to maintain and isnpect Uber' s 15,000 PHVs under Lion City Rental, this will make CDG' s Automotive Service arm and VICOM stedydtream of revenue at least for the few years. BUT, a big BUT is this:- 1) How much Uber wants to charge CDG taxi drivers for jobs booked from its apps? Grab charges taxi drivers (other than CDG' s taxi drivers) 10% of the fare, I think it is too much (athough it charges PHVs drivers even more, at 20%), if Uber can just charge 5% or better still $0.50 (CDG call centre charges taxi drivers $0.50 only per booking job). I think the negotiation is very much centred on this commison, that' s why so slow progress..... 2) How much CDG wants to charge Uber on the maintaining and inspecting the Uber' s 15,000 PHVs? Shoud it give discount or charge public rates? I think CDG should give discount, this one also, I think, cause the outcome of the alliance to be delayed, 3) Who is going to scrape its vehicles. We know the total number of CDG' s taxis and Ubers PHVs is just too many, but who is going to scrape how many vehicles? I think it is easier to sell PHVs in the second hand market, so Uber should trim its PHVs fleet first, but then again, is Uber agreeable to this? It all boils down to who is more " desparate" for the alliance, Uber or CDG? Lets  look at the consequences of no alliance for both companies. I think Uber has to exit Singapore if no alliance, as operating PHVs alone is just not sustainable in Singapore. Grab knew this long ago, look at it, it had intention to tie up with many taxi coys since its inception 4 years back, this further proves that operating PHVs alone is just not sustainable. Do you know that the very first taxi coy Grab wrote in to propose a tie-up was CDG (I think 2 to 3 years back)? Of course you know the answer, CDG rejected the idea then. How about CDG? Its  shares will plunge at least another 5% if no alliance, and when Uber exits Singapore, it has to fight the war alone agianst Grab and other taxi coys. Eventually how each weighs the imapct of non-alliance is really up to their top maangemnt. what we can do is just wait and watch....... and perhaps pray.....
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oldcoconut Senior	31-Oct-2017 13:09        oldcoconut About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bros, comfort has no news of its alliance since 22 Aug. What do u think?
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Starship Supreme	28-Oct-2017 01:12        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Driverless truck launched at Jurong Island 10:25 PM, OCTOBER 24, 2017    SINGAPORE &ndash Belgium-based logistics and engineering firm Katoen Natie launched its driverless truck at Jurong Island on Tuesday (October 24). Part of a collaboration with Singapore Management University and Dutch-based firm VDL Groep, the truck began operations at ExxonMobil&rsquo s manufacturing hub in Singapore. It will transport products between the company&rsquo s packaging and intermediate storage facilities, covering a round-trip distance of about six to eight kilometers. The truck will operate 24 hours a day and, if successful, the project will be scaled up to 12 trucks after a six-month test run, moving some 3 million tonnes of cargo annually. The trucks will go on to public roads in the final phase, shuttling between chemical plants on Jurong Island and to Tuas. Other developments in the autonomous-vehicle arena include the Land Transport Authority (LTA) and ST Engineering&rsquo s land systems arm, ST Kinetics, inking an agreement in April for a three-and-a-half year autonomous vehicle trial, which could pave the way for driverless buses to ferry passengers along fixed routes based on selected feeder and trunk bus services. ST Kinetics will build two 40-seater electric buses &mdash the first time a Singapore company is building an autonomous bus &mdash and test them at an industrial area during off-peak hours, before progressing to more complicated test sites. The buses will use a satellite-based Global Positioning (GPS) System and sensors to scan and determine their location and immediate surroundings. They will also have radars and sonars to detect other vehicles and pedestrians up to 200m ahead.
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seba240698 Senior	27-Oct-2017 13:28        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow, you power ah.... I only asked LTA to raise the min age of PVDL to 30 years old (ame as taxi drivers), you ask for 45 years old! Until today LTA still have not replied me, I sent the letter to LTA close to 1 month ago. Besides min age for PHV drivers I also requested LTA to :- 1) closely monitor the surge pricing policy and algorithm, make sure it is not subject to manipulation and abuse, 2) forbid private cars older than 10 years to be converted to PHVs, once PHVs reaches 10 years, must scrape. (for info, taxis must scrape by 8 years), 3) incease the inspection frequency of PHVs to once yearly (taxis current law is one inspection in every 6 mths), 4) allow only Singaporeans to drive PHVs, 5) ban PHVs from going overseas (esp JB to get cheap petrol) Still waiting for their reply....   lynn89      ( Date: 27-Oct-2017 12:48) Posted: Just ignore the noise about private taxis. This CDG has multi-stream (trains, buses, taxis) of income globally (China, Australia, UK, Ireland, etc). All we need is for the govt. to announce private taxis can be driven by Singaporeans only, and age above 45, etc.
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lynn89 Senior	27-Oct-2017 12:48        lynn89 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Just ignore the noise about private taxis. This CDG has multi-stream (trains, buses, taxis) of income globally (China, Australia, UK, Ireland, etc). All we need is for the govt. to announce private taxis can be driven by Singaporeans only, and age above 45, etc.
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