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361-380 of 2019
Today shortists at full force......
halleluyah ( Date: 13-Dec-2017 10:10) Posted:
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if economy down/recession, will b jialat....
1.9x again.
john_ric ( Date: 13-Dec-2017 00:05) Posted:
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Good call bro. The sell-down looks pretty bad.
wow congrats. there should be some more downside.
leongyan ( Date: 13-Dec-2017 09:34) Posted:
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Short at 2.07 yesterday with CFD and wait to cover back..
leongyan ( Date: 07-Dec-2017 16:15) Posted:
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LL have to work together. No more ?hang up and sell?.
at least they offered a chance to exit. too many pessimists on this deal.
john_ric ( Date: 13-Dec-2017 00:05) Posted:
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as expected.
shortists emerge to eat the meat.
shortists emerge to eat the meat.
john_ric ( Date: 11-Dec-2017 11:22) Posted:
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Comfort no oil today.
An American article:
Singapore taxis&rsquo night at the museum
By ANDY MUKHERJEE
12 DECEMBER, 2017
Miniatures of ComfortDelgro taxis are popular children&rsquo s toys in Singapore. Not for long, though. The ubiquitous blue and yellow Toyota Crown cabs are leaving the realm of kids&rsquo imagination and heading for grownup nostalgia. One day soon, they&rsquo ll belong in a museum.
The end is nigh for the conventional taxi business, though that&rsquo s not what Comfort said in a press release announcing the purchase of 51 per cent of Uber Technologies&rsquo s Singapore car rental unit for S$295 million in cash.
But the acquisition, which is yet to be approved by regulators, isn&rsquo t really about the fleet. It&rsquo s about drivers and customers.
As part of the agreement, all Comfort taxis will be on the Uber ride-sharing app in addition to Comfort&rsquo s own booking system.
That should help boost drivers&rsquo earnings by reducing their downtime. Uber gets hard cash to pump into its competition with Grab, a regional rival that claims to be the customers&rsquo No. 1 choice in Singapore, Indonesia, Malaysia, Vietnam, Thailand and the Philippines.
The tie-up also gives Uber a much-needed validation of its strategy. The Orange County, California, model in which part-time drivers use their cars as a productive asset has no hope in Asia, where drivers are cheap but cars are expensive.
It makes more sense to enroll the existing large pool of professional drivers, help them with car ownership or rentals, and give them access to the app. After losing China to Didi Chuxing, the fall of Singapore would mean curtains for Uber in Southeast Asia.
Do expect Grab, which has been busy poaching Comfort drivers, to lay out a thick carpet of discounts for customers in 2018.
As for Comfort, with the city&rsquo s taxi population at an eight-year low, and no hope of a revival in sight, the operator will simply have to go on reinventing itself as a fleet owner and manager for Uber.
That&rsquo s a practical decision, because it&rsquo s impossible to charge a high daily rental from cabbies now the rise of ride-hailing means more drivers are willing to forgo the privilege of picking up street fares.
This change is irreversible. Singapore&rsquo s taxi business, feeling lost and forlorn amid the Uber-Grab rivalry, is destined to end up as a museum piece. BLOOMBERG
12 DECEMBER, 2017
Miniatures of ComfortDelgro taxis are popular children&rsquo s toys in Singapore. Not for long, though. The ubiquitous blue and yellow Toyota Crown cabs are leaving the realm of kids&rsquo imagination and heading for grownup nostalgia. One day soon, they&rsquo ll belong in a museum.
The end is nigh for the conventional taxi business, though that&rsquo s not what Comfort said in a press release announcing the purchase of 51 per cent of Uber Technologies&rsquo s Singapore car rental unit for S$295 million in cash.
But the acquisition, which is yet to be approved by regulators, isn&rsquo t really about the fleet. It&rsquo s about drivers and customers.
As part of the agreement, all Comfort taxis will be on the Uber ride-sharing app in addition to Comfort&rsquo s own booking system.
That should help boost drivers&rsquo earnings by reducing their downtime. Uber gets hard cash to pump into its competition with Grab, a regional rival that claims to be the customers&rsquo No. 1 choice in Singapore, Indonesia, Malaysia, Vietnam, Thailand and the Philippines.
The tie-up also gives Uber a much-needed validation of its strategy. The Orange County, California, model in which part-time drivers use their cars as a productive asset has no hope in Asia, where drivers are cheap but cars are expensive.
It makes more sense to enroll the existing large pool of professional drivers, help them with car ownership or rentals, and give them access to the app. After losing China to Didi Chuxing, the fall of Singapore would mean curtains for Uber in Southeast Asia.
Do expect Grab, which has been busy poaching Comfort drivers, to lay out a thick carpet of discounts for customers in 2018.
As for Comfort, with the city&rsquo s taxi population at an eight-year low, and no hope of a revival in sight, the operator will simply have to go on reinventing itself as a fleet owner and manager for Uber.
That&rsquo s a practical decision, because it&rsquo s impossible to charge a high daily rental from cabbies now the rise of ride-hailing means more drivers are willing to forgo the privilege of picking up street fares.
This change is irreversible. Singapore&rsquo s taxi business, feeling lost and forlorn amid the Uber-Grab rivalry, is destined to end up as a museum piece. BLOOMBERG
Comfort strong vol today
Yesterday was knee jerk reaction....
Tommy12356 ( Date: 12-Dec-2017 12:59) Posted:
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Sell on news
seba240698 ( Date: 12-Dec-2017 12:02) Posted:
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Lost steam liao....., or taking a breather?
Comfort gogogo!
Some insider news somthing good is going to happen within 3-4 months time for CDG so buy early
Not surprise some that panic sell off now buying back and those cold water are actually buying in cheap haha CDG huat lar
I've complete my sentence lah, sir, next year 2 Jan, since 1 Jan is a non trading day. Huat ah!
oldcoconut ( Date: 11-Dec-2017 15:40) Posted:
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Next yr ok for me. Thks.
seba240698 ( Date: 11-Dec-2017 15:38) Posted:
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