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ComfortDelGro    Last:1.29   -

ComfortDelGro fundamentally strong but price weak

 Post Reply 1301-1320 of 2019
 
sengsk
    18-Sep-2017 09:52  
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That is only fare price war can only sustain their business.
As well some merger for outshine .
 
 
sgtrader18
    18-Sep-2017 09:49  
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mrt lost new line, bus other operators also came in. they are losing market share over time.

edwinjup      ( Date: 15-Sep-2017 14:39) Posted:

Comfort still got mrt & bus....

 
 
destinykraze
    18-Sep-2017 09:44  
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should be breaking below $2 by this week. Huge selling pressure.
 

 
MonkeyKingGod
    18-Sep-2017 09:41  
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can you elaborate more on it?

lol market cap fell to 4b+ liao, Temasek /GIC can absorb soon if fall more. lol

halleluyah      ( Date: 18-Sep-2017 09:20) Posted:

Outstanding order bk of usd 4b as end march...more to come usd 318m oder 2018-2020 delivery....fly arh fly....

 
 
halleluyah
    18-Sep-2017 09:20  
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Outstanding order bk of usd 4b as end march...more to come usd 318m oder 2018-2020 delivery....fly arh fly....
 
 
tormater
    18-Sep-2017 09:17  
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Dropped so much for not getting Thompson line? Or there is something else? My TP to go in us 2.
 

 
Starship
    17-Sep-2017 14:21  
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Bcos SMRT is fully owned by Temasek?
While Comfortdelgro is still owned by retail investors and retireees?

MonkeyKingGod      ( Date: 15-Sep-2017 18:21) Posted:

oh man. SMRT won the contract for thomson line. why comfort didnt!

 
 
MonkeyKingGod
    15-Sep-2017 18:21  
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oh man. SMRT won the contract for thomson line. why comfort didnt!
 
 
angmohlin
    15-Sep-2017 17:56  
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Likely go down to 3 Fibo confluence levels of 1.67. 
 
 
investshare
    15-Sep-2017 16:31  
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Grab is also GLC.

MonkeyKingGod      ( Date: 15-Sep-2017 16:26) Posted:

Set new low and wait for it to rebound?

wonder grab can survive another 2 to 3 years on the reserves ma. HMMMM!

Starship      ( Date: 15-Sep-2017 14:40) Posted:

Giant GLCs taking turns to set new lows. Lol.


 

 
MonkeyKingGod
    15-Sep-2017 16:26  
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Set new low and wait for it to rebound?

wonder grab can survive another 2 to 3 years on the reserves ma. HMMMM!

Starship      ( Date: 15-Sep-2017 14:40) Posted:

Giant GLCs taking turns to set new lows. Lol.

 
 
Starship
    15-Sep-2017 14:40  
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Giant GLCs taking turns to set new lows. Lol.
 
 
edwinjup
    15-Sep-2017 14:39  
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Comfort still got mrt & bus....
 
 
bishan22
    15-Sep-2017 14:38  
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Another knee jerk day... No more comfort for them.
 
 
edwinjup
    15-Sep-2017 14:35  
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Today online reported more than 2000 comfort drivers interested in join grab.....and grab is extending the promotion.....grab not keen to buy comfort la...wat for...they initial keen on smrt...but 5000 cabs too many...so heard call off

edwinjup      ( Date: 15-Sep-2017 13:03) Posted:

Heard got lots of comfort driver joined grab.....1 day i40 rental is $126...and 1000 cabs will be 126*365×1000 per year ...lots of $$$

 

 
MonkeyKingGod
    15-Sep-2017 13:17  
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maybe should just sell the taxi business to grab, haha, since they want it. then pay us special dividend. while focusing on the other business

or hope the gov regulate PH.


 

Singapore University of Social Sciences urban transport expert Park Byung Joon said the prospect of losing more than 2,000 drivers at one go could deal a &ldquo really big blow&rdquo to ComfortDelGro.

It must react quickly if it &ldquo wants to stay in the business&rdquo . The only step it could take is to match Grab&rsquo s offer, said Dr Park but he noted that this was not sustainable for the firm. He felt that Grab might be hindering fair competition by drawing on its financial power, and said the authorities should look into whether this was allowed. &ldquo It sets the tone (for) what Grab or Uber can do with their cash,&rdquo said Dr Park, who noted that the move might augur ill for commuters in the long term if taxi firms are put out of business.

Still, transport economist Walter Theseira, also from SUSS, noted that the pool of drivers who signed up with Grab is a fraction of ComfortDelGro&rsquo s total pool of drivers. The remaining majority of drivers probably feel &ldquo more secure&rdquo staying with the taxi operator.

edwinjup      ( Date: 15-Sep-2017 13:03) Posted:

Heard got lots of comfort driver joined grab.....1 day i40 rental is $126...and 1000 cabs will be 126*365×1000 per year ...lots of $$$

 
 
edwinjup
    15-Sep-2017 13:03  
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Heard got lots of comfort driver joined grab.....1 day i40 rental is $126...and 1000 cabs will be 126*365×1000 per year ...lots of $$$
 
 
MonkeyKingGod
    15-Sep-2017 12:54  
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wow. whats with the bleeding?
 
 
investshare
    13-Sep-2017 22:25  
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BY
KOK XING HUI
[email protected]: 4:12 AM, APRIL 9, 2014
SINGAPORE ? In a nod to the huge market potential of third-party taxi booking apps, a venture capitalist firm owned by Temasek Holdings has pumped at least US$10 million (S$12.5 million) into two-year-old start-up GrabTaxi, a smartphone app that lets commuters book any of the taxis nearest to their location, regardless of which company operates it.

investshare      ( Date: 13-Sep-2017 21:47) Posted:

Why not? Even Temasek invest in them.

sengsk      ( Date: 13-Sep-2017 21:34) Posted:

Their IPO in Singapore will not approve


 
 
investshare
    13-Sep-2017 21:47  
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Why not? Even Temasek invest in them.

sengsk      ( Date: 13-Sep-2017 21:34) Posted:

Their IPO in Singapore will not approve.

KiLrOy      ( Date: 13-Sep-2017 21:32) Posted:

I doubt they will go for IPO for a long long while. The have huge funds pouring in.   The time when they IPO , is the probably a worrying time as they probably can' t sustain and that other Funds have already left them, So if they do IPO couple years from now with unchange framework and strategy and not need innovation, I doubt I will seriously invest in them,


 
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