ComfortDelGro
Last:1.3
+0.01
ComfortDelGro fundamentally strong but price weak
Post Reply
1701-1720 of 2019
Haha..Qatar just a small country and oil producers, not significant to affecting the oil prices, below oil prices are live. 
BetterStill ( Date: 05-Jun-2017 21:02) Posted:
Depends on Qatar . it's their call now.
Beckham ( Date: 05-Jun-2017 20:53) Posted:
|
|
Price |
% Change |
| Light Crude |
47.37 |
-0.61% |
| Natural Gas |
2.98 |
-0.80% |
| Gold |
1,284.80 |
+0.36% |
| Corn |
3.74 |
+0.34% |
Data as of 8:18pm
Oil price down again....
 
|
|
|
|
Depends on Qatar . it's their call now.
Beckham ( Date: 05-Jun-2017 20:53) Posted:
|
|
Price |
% Change |
| Light Crude |
47.37 |
-0.61% |
| Natural Gas |
2.98 |
-0.80% |
| Gold |
1,284.80 |
+0.36% |
| Corn |
3.74 |
+0.34% |
Data as of 8:18pm
Oil price down again....
 
BetterStill ( Date: 05-Jun-2017 20:27) Posted:
| No point. Tmr might drop below $2.40... oil price shooting u |
|
|
|
|
|
Price |
% Change |
| Light Crude |
47.37 |
-0.61% |
| Natural Gas |
2.98 |
-0.80% |
| Gold |
1,284.80 |
+0.36% |
| Corn |
3.74 |
+0.34% |
Data as of 8:18pm
Oil price down again....
 
BetterStill ( Date: 05-Jun-2017 20:27) Posted:
No point. Tmr might drop below $2.40... oil price shooting up
william6891 ( Date: 05-Jun-2017 15:27) Posted:
| Not buying now. Will come back to this counter end next week |
|
|
|
How ? sure or not ?
BetterStill ( Date: 05-Jun-2017 20:27) Posted:
No point. Tmr might drop below $2.40... oil price shooting up
william6891 ( Date: 05-Jun-2017 15:27) Posted:
| Not buying now. Will come back to this counter end next week |
|
|
|
No point. Tmr might drop below $2.40... oil price shooting up
william6891 ( Date: 05-Jun-2017 15:27) Posted:
Not buying now. Will come back to this counter end next week.
Beckham ( Date: 05-Jun-2017 13:08) Posted:
| Still consolidating, your target is $ |
|
|
|
Not buying now. Will come back to this counter end next week.
Beckham ( Date: 05-Jun-2017 13:08) Posted:
Still consolidating, your target is $$
william6891 ( Date: 04-Jun-2017 23:40) Posted:
Good one. |
|
|
|
As long as SMRT keep up the " good" work, CDG should be able to bag the Thompson East Coast line - political cost of awarding it to SMRT will be too big. But I think the Cross Island Line, to be completed by 2030, this main high capacity line will definitely go to SMRT. 
Beckham ( Date: 04-Jun-2017 15:50) Posted:
The Taxi segment is very worrying as idle rates shot up from 1% to 3% signaling an over supply! With competitor going into an all out price war with way lower daily rental rates, earnings from Taxi biz is likely to continue be lower from 2017 to 2020 before stabilizing.
On the other hand Bus and Train segment should show positive growth as they have won new bus route contracts and the 3rd stage of down town line will be up. The big catalyst for 2017 would be the new thompson-east brown line contract, which there are only two bidders CDG vs SMRT... I estimate a 70-80% chance for CDG to take this one down as SMRT continues to be very poorly managed with still lots of train faults. We should know the results pretty soon, maybe in Q3?
william6891 ( Date: 16-May-2017 16:20) Posted:
|
|
|
Still consolidating, your target is $$
william6891 ( Date: 04-Jun-2017 23:40) Posted:
Good one.
Beckham ( Date: 04-Jun-2017 15:50) Posted:
The Taxi segment is very worrying as idle rates shot up from 1% to 3% signaling an over supply! With competitor going into an all out price war with way lower daily rental rates, earnings from Taxi biz is likely to continue be lower from 2017 to 2020 before stabilizing.
On the other hand Bus and Train segment should show positive growth as they have won new bus route contracts and the 3rd stage of down town line will be up. The big catalyst for 2017 would be the new thompson-east brown line contract, which there are only two bidders CDG vs SMRT... I estimate a 70-80% chance for CDG to take this one down as SMRT continues to be very poorly managed with still lots of train faults. We should know the results pretty soon, maybe in Q3?
|
|
|
|
Good one.

Beckham ( Date: 04-Jun-2017 15:50) Posted:
The Taxi segment is very worrying as idle rates shot up from 1% to 3% signaling an over supply! With competitor going into an all out price war with way lower daily rental rates, earnings from Taxi biz is likely to continue be lower from 2017 to 2020 before stabilizing.
On the other hand Bus and Train segment should show positive growth as they have won new bus route contracts and the 3rd stage of down town line will be up. The big catalyst for 2017 would be the new thompson-east brown line contract, which there are only two bidders CDG vs SMRT... I estimate a 70-80% chance for CDG to take this one down as SMRT continues to be very poorly managed with still lots of train faults. We should know the results pretty soon, maybe in Q3?
william6891 ( Date: 16-May-2017 16:20) Posted:
|
|
|
It closed > 2.43 last Friday, will then look better even on weekly charts too !
KiLrOy ( Date: 18-May-2017 20:20) Posted:
| Landed on major support line. If it continues pass 2.36, phua tua karng liao ELSE wait for few sessions to see if it consolidates (this bugger past history consolidates bet 3 to 7 sessions) before takig a pun on it. |
|
The Taxi segment is very worrying as idle rates shot up from 1% to 3% signaling an over supply! With competitor going into an all out price war with way lower daily rental rates, earnings from Taxi biz is likely to continue be lower from 2017 to 2020 before stabilizing.
On the other hand Bus and Train segment should show positive growth as they have won new bus route contracts and the 3rd stage of down town line will be up. The big catalyst for 2017 would be the new thompson-east brown line contract, which there are only two bidders CDG vs SMRT... I estimate a 70-80% chance for CDG to take this one down as SMRT continues to be very poorly managed with still lots of train faults. We should know the results pretty soon, maybe in Q3?
william6891 ( Date: 16-May-2017 16:20) Posted:
Haha..then buy more..
brchkho1 ( Date: 16-May-2017 15:40) Posted:
| Looking at the Q result, it' s not too bad leh, it' s not justified for the drops over the last few day.It' s financials are better than lots of others. Got opportunity to pick up at GSS |
|
|
|
Landed on major support line. If it continues pass 2.36, phua tua karng liao ELSE wait for few sessions to see if it consolidates (this bugger past history consolidates bet 3 to 7 sessions) before takig a pun on it.
http://www.fool.sg/2017/05/16/1-uncomfortable-trend-in-comfortdelgro-corporation-ltds-latest-quarter/
An article by Motley Fool on the taxi business segment of ComfortDelgro Corp in its latest 1Q 17 results. The taxi business segment now contributes 36.2% of the total operating profits of ComfortDelgro in 2016 and is one of the largest contributors apart from the public services transport business segment which contributes 38.6% of total operating profits in 2016. Thus, the performances of these two business segments are paramount to ComfortDelgro' s overall performance.  
In the 4Q 2016 earnings report, ComfortDelgro already warned that its taxi business segment will revenue will be lower in 2017. True enough, the revenue for the taxi business segment in 1Q 17 saw a close to 6% y-o-y decline. One important information glimpsed from the article is that the decline for the taxi businesses across the local and some of the overseas markets are due to lower operating or smaller fleet.
From the article, the taxi business segment both locally and overseas markets are facing keen competition as mentioned by ComfortDelgro' s CEO. In the local market, private hire operators like Uber and Grab could be the competitors which have given ComfortDelgro the rub in the shoulder.
Watch out the next few quarters of developments in ComfortDelgro' s financial results especially its taxi business segment which is one of the main contributor to operating profits to see if there are improvements amidst the keen competition in its local and overseas markets.     
Suddanly all the fake q disappeared
brchkho1 ( Date: 16-May-2017 16:47) Posted:
Sitll selling to buyers now and plenty of buyers q at 2.45 n 2.46.  Scrip lending pool only 4.329m shares, not ure about those  in the hands of broking firms.  Sellers has lots of stocks to clear?
william6891 ( Date: 16-May-2017 16:20) Posted:
|
|
|
Sitll selling to buyers now and plenty of buyers q at 2.45 n 2.46.  Scrip lending pool only 4.329m shares, not ure about those  in the hands of broking firms.  Sellers has lots of stocks to clear?
william6891 ( Date: 16-May-2017 16:20) Posted:
Haha..then buy more..
brchkho1 ( Date: 16-May-2017 15:40) Posted:
| Looking at the Q result, it' s not too bad leh, it' s not justified for the drops over the last few day.It' s financials are better than lots of others. Got opportunity to pick up at GSS |
|
|
|
Haha..then buy more..
brchkho1 ( Date: 16-May-2017 15:40) Posted:
Looking at the Q result, it' s not too bad leh, it' s not justified for the drops over the last few day.It' s financials are better than lots of others. Got opportunity to pick up at GSS.
william6891 ( Date: 16-May-2017 10:35) Posted:
|
|
|
Looking at the Q result, it' s not too bad leh, it' s not justified for the drops over the last few day.It' s financials are better than lots of others. Got opportunity to pick up at GSS.
william6891 ( Date: 16-May-2017 10:35) Posted:
all the best bro.
BetterStill ( Date: 16-May-2017 10:33) Posted:
| Load some @2.46...hopefully can do a contra |
|
|
|
not know. Might be oversold today or might break further down. However today whole market like hell. Dunno why.
jack2906 ( Date: 16-May-2017 12:53) Posted:
price stuck at 2.46...
buy queu volume 2.45 about 2 milions share while sell queu volume is always stay low ~100k...  it look like a trap~ 
how you think?
BetterStill ( Date: 16-May-2017 10:33) Posted:
| Load some @2.46...hopefully can do a contra |
|
|
|
price stuck at 2.46...
buy queu volume 2.45 about 2 milions share while sell queu volume is always stay low ~100k...  it look like a trap~ 
how you think?
BetterStill ( Date: 16-May-2017 10:33) Posted:
| Load some @2.46...hopefully can do a contra |
|
well you can think that way.
brchkho1 ( Date: 16-May-2017 10:36) Posted:
Anyway, this Q result has given an opportunity to get this one at lower price level.
william6891 ( Date: 16-May-2017 10:26) Posted:
Its Q-earning result bro.
|
|
|
|