ComfortDelGro    Last:1.3    +0.01

ComfortDelGro fundamentally strong but price weak

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. brchkho1      ( Date: 16-May-2017 10:24) Posted: Went back to mid Oct 2014 level, will it goes lower? Will therebe short covering? Any reason for it to dropped so much in these two days?

 

all the best bro.

BetterStill      ( Date: 16-May-2017 10:33) Posted: Load some @2.46...hopefully can do a contra

 

Load some @2.46...hopefully can do a contra

 

Its Q-earning result bro.

brchkho1      ( Date: 16-May-2017 10:24) Posted: Went back to mid Oct 2014 level, will it goes lower? Will therebe short covering? Any reason for it to dropped so much in these two days?   KiLrOy      ( Date: 16-May-2017 09:46) Posted: Total meltdown.  Wait for consolidation ~

 

Went back to mid Oct 2014 level, will it goes lower? Will therebe short covering? Any reason for it to dropped so much in these two days?
 

KiLrOy      ( Date: 16-May-2017 09:46) Posted: Total meltdown.  Wait for consolidation ~

 

Total meltdown.  Wait for consolidation ~

 

Still weak

 

2.4x now

KiLrOy      ( Date: 15-May-2017 20:48) Posted: sub 2.50. waiting~ huge one day 20cts drop wipe of 1.5 mth gain.

 

sub 2.50. waiting~ huge one day 20cts drop wipe of 1.5 mth gain.  

 

Go 2.5x range can reload

 

Last day to buy to get the dividend of S$0.0605 per share (~2.2%).

0898128      ( Date: 28-Apr-2017 15:14) Posted: Taxi segment make up of 36% of Comfortdelgro operating profit. But Taxi is not just about Singapore, Comfortdelgro also has Taxi in China, Vietnam, UK, Australia. How much of this 36% is from Singapore is pretty much unclear. True, Taxi segment will be challenging with Grab, Uber etc. But remember that Grab and Uber have been around for a number of years already, Taxis are still around. There are still lot of other positives for Comfortdelgro (e.g. Downtown lines, Thomson-East Coast line, more M& A, Cabcharge acquisition, more profitable bus contracting model etc.). Government is also coming up with measures to level the playing field in various countries. edwinjup      ( Date: 28-Apr-2017 13:21) Posted: comfort 99%get it....but their taxi bussiness will be more.jialat with the increase of mrt line.....newspaper reported just grab got 5m calls for 1 month....and comfort got only 100k flatrate calls for 10 days (lucky got raining a few days orelse worse)...

 

Taxi segment make up of 36% of Comfortdelgro operating profit. But Taxi is not just about Singapore, Comfortdelgro also has Taxi in China, Vietnam, UK, Australia. How much of this 36% is from Singapore is pretty much unclear.

True, Taxi segment will be challenging with Grab, Uber etc. But remember that Grab and Uber have been around for a number of years already, Taxis are still around.

There are still lot of other positives for Comfortdelgro (e.g. Downtown lines, Thomson-East Coast line, more M& A, Cabcharge acquisition, more profitable bus contracting model etc.). Government is also coming up with measures to level the playing field in various countries.

edwinjup      ( Date: 28-Apr-2017 13:21) Posted: comfort 99%get it....but their taxi bussiness will be more.jialat with the increase of mrt line.....newspaper reported just grab got 5m calls for 1 month....and comfort got only 100k flatrate calls for 10 days (lucky got raining a few days orelse worse).... 0898128      ( Date: 28-Apr-2017 13:15) Posted: Thomson-East Coast line also open to the 2 incumbents (SMRT and SBS Transit) only. So Comfortdelgro got 50% chance of winning. Also, Comfortdelgro is in a net cash position which can easily fund additional acquisitions. Dividend payout ratio will also increased.

 

comfort 99%get it....but their taxi bussiness will be more.jialat with the increase of mrt line.....newspaper reported just grab got 5m calls for 1 month....and comfort got only 100k flatrate calls for 10 days (lucky got raining a few days orelse worse)....

0898128      ( Date: 28-Apr-2017 13:15) Posted: Thomson-East Coast line also open to the 2 incumbents (SMRT and SBS Transit) only. So Comfortdelgro got 50% chance of winning. Also, Comfortdelgro is in a net cash position which can easily fund additional acquisitions. Dividend payout ratio will also increased.  0898128      ( Date: 27-Apr-2017 14:32) Posted: The way I see it, there are a number of positives for Comfortdelgro The 51% Cabcharge acquisition which will add ~15m SGD in profit on a annual basis (~+3%) Measures to " level playing field" with PDVL license and a tamper-evident decal With Downtown lines close to completion, start up expenses will reduce significantly. Downtown lines are also supposed to be a key revenue driver. Who will win the new Thomson-East Coast line? I would also think Comfortdelgro stand a good chance Seletar Bus Package The much more profitable new bus contracting model Of course taxi segment is still challenging with Grab, Uber, Didi etc. Currencies like RMB, British Pound, AUD all also have a impact. But most likely most negatives have been priced in already.

 

Thomson-East Coast line also open to the 2 incumbents (SMRT and SBS Transit) only. So Comfortdelgro got 50% chance of winning. Also, Comfortdelgro is in a net cash position which can easily fund additional acquisitions.

Dividend payout ratio will also increased. 

0898128      ( Date: 27-Apr-2017 14:32) Posted: The way I see it, there are a number of positives for Comfortdelgro The 51% Cabcharge acquisition which will add ~15m SGD in profit on a annual basis (~+3%) Measures to " level playing field" with PDVL license and a tamper-evident decal With Downtown lines close to completion, start up expenses will reduce significantly. Downtown lines are also supposed to be a key revenue driver. Who will win the new Thomson-East Coast line? I would also think Comfortdelgro stand a good chance Seletar Bus Package The much more profitable new bus contracting model Of course taxi segment is still challenging with Grab, Uber, Didi etc. Currencies like RMB, British Pound, AUD all also have a impact. But most likely most negatives have been priced in already.

 

Agree ! ComfortDelGro have multiple streams of income from UK, Aussie, China and Singapore, etc. Flying SG flag high by becoming the 2nd largest bus operator in UK as well as in other countries

 

The way I see it, there are a number of positives for Comfortdelgro

1. The 51% Cabcharge acquisition which will add ~15m SGD in profit on a annual basis (~+3%)
2. Measures to " level playing field" with PDVL license and a tamper-evident decal
3. With Downtown lines close to completion, start up expenses will reduce significantly. Downtown lines are also supposed to be a key revenue driver.
4. Who will win the new Thomson-East Coast line? I would also think Comfortdelgro stand a good chance
5. Seletar Bus Package
6. The much more profitable new bus contracting model

Of course taxi segment is still challenging with Grab, Uber, Didi etc. Currencies like RMB, British Pound, AUD all also have a impact. But most likely most negatives have been priced in already.

 

 

If its really so good, its price wouldn' t have fallen from $2.8 to 2.36 in such a short time.

Short covering now, but with limited growth plan, who knows what is going to happen next, not a good price to chase now.

williameng      ( Date: 26-Apr-2017 13:47) Posted: ComfortDelgro' s business strategy is expand its operations overseas as the local market is too small for its future growth.   Thus its operations in Australia and UK are doing well and are major profit contributors.   It' s basically a defensive stock paying sustainbly good dividends.

 

ComfortDelgro' s business strategy is expand its operations overseas as the local market is too small for its future growth.   Thus its operations in Australia and UK are doing well and are major profit contributors.   It' s basically a defensive stock paying sustainbly good dividends.  

 

  SBS rallied 1 month ago. comfortdelgro is laggard + short covering. But comfortdelgro' s  shortist  have very powerful funding. Do not chase.

They can easily bring the price from $2.8- $2.4 in a short time period, just like what they did awhile ago. This is even easier now if you consider the future of  comfortdelgro' s earnings growth to be negative.

Alpaca      ( Date: 23-Apr-2017 08:16) Posted: This week ComfortDelGro went up because SBS transit won the Seletar bus contract. But according to a researcher the bid was below cost. How is that good? "Transport researcher Lee Der-Horng from the National University of Singapore reckoned SBST's bid was "below cost" as it is able to "cross subsidise" because of its size. "I believe there will be fewer foreign bidders, or none, for future tenders," he said." http://www.straitstimes.com/singapore/transport/sbs-transit-wins-seletar-bus-contract

 

strong buying here