Post Reply
441-460 of 7131
Proof that it' s fairly valued at current price. When it moves up, can' t seem to have the strength to stay up there and subsequently drop back again. Good for traders who likes to catch the low to make a quick profit..
Guzman ( Date: 18-Nov-2025 12:51) Posted:
|
ComfortDelgro has had a buy rating over the past 2 years, but look where it is today? The Management is trying to paint a rosy picture but businesses are slipping away. The one-time disposal gain on the sale of depot is even placed above the Operating Profit line, in order to optically prop up the OP! Even Bro Governor of lone wolf investor has given up on this counter!
Is ComfortDelGro a good investment now?
Comfortdelgro has a consensus rating of Strong Buy, which is based on 6 buy ratings, 0 hold ratings and 0 sell ratings. The average share price target for Comfortdelgro is 1.73. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
ComfortDelGro - UK at the wheel
■ 9M25 core net profit came in within expectations, at 71% of our full-year
estimates, with higher overseas contribution mainly from UK public transport.
■ We expect higher qoq 4Q25 core net profit, with stronger contribution from
its acquisitions with larger earnings base and higher seasonal traffic.
■ We expect more global tenders in the pipeline to boost growth. Reiterate
Add, with an unchanged TP of S$1.70 (based on 16x FY26F P/E).
3Q25: In line with estimates
ComfortDelGro (CD) reported a 3Q25 net profit of S$70m (+22% both qoq and yoy),
bringing 9M25 net profit to S$176m (+15% yoy). The growth was driven by higher overseas
contributions, improved margins, and a net gain from the sale of depots in Victoria under
the terms of the new 10-year zero-emission bus franchise contracts. Excluding the disposal
gain, 9M25 core net profit came in at S$162m (+6% yoy), at 71% of our full-year forecast,
which we view as consistent with expectations given typically stronger 4Q earnings.
Expanding overseas contribution and margin improvement from UK
Overseas operations continued to drive growth, contributing 55% of 9M25 revenue (vs.
48% in 9M24), primarily due to the acquisition of Addison Lee in Nov 2024 and the
commencement of Metroline Manchester contracts in 1Q25. Operating profit from
overseas operations also improved, rising from 33% in 9M24 to 46% in 9M25, supported
by UK bus contract renewals at higher margins and the ramp-up of Metroline Manchester.
This offset lower margins in the taxi and private hire segment, which declined to 14% in
9M25 (from 19% in 9M24) due to a smaller Singapore taxi fleet, intensified competition in
Australia, and higher operating expenses. Nevertheless, trip volumes improved, and
Addison Lee activity in the UK saw a seasonal boost during the summer months in 3Q25.
Tender pipeline supporting future growth
CD& rsquo s global tender pipeline remains on track, providing potential upside for future revenue
and margin growth, in our view. The Stockholm rail JV commenced full operations in early-
Nov 2025, contributing to 2026 earnings. In addition, major opportunities are being pursued
across the UK, Europe, and Australia, including the Copenhagen Metro, multiple
UK/Europe bus contracts (high single-digit to low double-digit margins), Sydney Metro
West, Melbourne Trains MR5 (combined contract size S$7bn), and the Melbourne MZF 2
bus package. Securing these high-value projects would strengthen CD& rsquo s long-term
revenue base and market position in key growth markets, we believe.
Reiterate Add, with an unchanged TP of S$1.70
We maintain our Add rating with a TP of S$1.70, based on 16x FY26F P/E (0.5 s.d. above
its 5-year average), on the back of its decent 5%-6% yield, solid UK contributions, and
global tender opportunities. Re-rating catalysts: stronger UK earnings and major contract
wins. Key downside risks: acquisition integration challenges and margin pressures.
■ 9M25 core net profit came in within expectations, at 71% of our full-year
estimates, with higher overseas contribution mainly from UK public transport.
■ We expect higher qoq 4Q25 core net profit, with stronger contribution from
its acquisitions with larger earnings base and higher seasonal traffic.
■ We expect more global tenders in the pipeline to boost growth. Reiterate
Add, with an unchanged TP of S$1.70 (based on 16x FY26F P/E).
3Q25: In line with estimates
ComfortDelGro (CD) reported a 3Q25 net profit of S$70m (+22% both qoq and yoy),
bringing 9M25 net profit to S$176m (+15% yoy). The growth was driven by higher overseas
contributions, improved margins, and a net gain from the sale of depots in Victoria under
the terms of the new 10-year zero-emission bus franchise contracts. Excluding the disposal
gain, 9M25 core net profit came in at S$162m (+6% yoy), at 71% of our full-year forecast,
which we view as consistent with expectations given typically stronger 4Q earnings.
Expanding overseas contribution and margin improvement from UK
Overseas operations continued to drive growth, contributing 55% of 9M25 revenue (vs.
48% in 9M24), primarily due to the acquisition of Addison Lee in Nov 2024 and the
commencement of Metroline Manchester contracts in 1Q25. Operating profit from
overseas operations also improved, rising from 33% in 9M24 to 46% in 9M25, supported
by UK bus contract renewals at higher margins and the ramp-up of Metroline Manchester.
This offset lower margins in the taxi and private hire segment, which declined to 14% in
9M25 (from 19% in 9M24) due to a smaller Singapore taxi fleet, intensified competition in
Australia, and higher operating expenses. Nevertheless, trip volumes improved, and
Addison Lee activity in the UK saw a seasonal boost during the summer months in 3Q25.
Tender pipeline supporting future growth
CD& rsquo s global tender pipeline remains on track, providing potential upside for future revenue
and margin growth, in our view. The Stockholm rail JV commenced full operations in early-
Nov 2025, contributing to 2026 earnings. In addition, major opportunities are being pursued
across the UK, Europe, and Australia, including the Copenhagen Metro, multiple
UK/Europe bus contracts (high single-digit to low double-digit margins), Sydney Metro
West, Melbourne Trains MR5 (combined contract size S$7bn), and the Melbourne MZF 2
bus package. Securing these high-value projects would strengthen CD& rsquo s long-term
revenue base and market position in key growth markets, we believe.
Reiterate Add, with an unchanged TP of S$1.70
We maintain our Add rating with a TP of S$1.70, based on 16x FY26F P/E (0.5 s.d. above
its 5-year average), on the back of its decent 5%-6% yield, solid UK contributions, and
global tender opportunities. Re-rating catalysts: stronger UK earnings and major contract
wins. Key downside risks: acquisition integration challenges and margin pressures.
As many as they can acquire.
Guzman ( Date: 13-Nov-2025 06:19) Posted:
|
Wolf Money(ComfortDelGro 3Q25 results)sold
https://lonewolfinvestor.blogspot.com/2025/11/wolf-moneycomfortdelgro-3q25-resultssold.html?m=1
ComfortDelgro' s 3Q profit increase is all from the sale of depot, a one-time disposal gain. The Group tried to mask it as an improvement. How many more depots can they sell?
After incurring debt for the recent overseas acquisitions, underlying operating profit for 3Q is flat compared with 3Q2024. In 2026, VICOM profits will drop with the completion of ERP OBD installation SBSTransit profits will further drop with cessation and hand over of Tampines bus package.
After incurring debt for the recent overseas acquisitions, underlying operating profit for 3Q is flat compared with 3Q2024. In 2026, VICOM profits will drop with the completion of ERP OBD installation SBSTransit profits will further drop with cessation and hand over of Tampines bus package.
ComfortDelGro has reported a patmi of $70.4 million for the 3QFY2025 ended Sept 30, 22.4% higher y-o-y.
Revenue rose by 12.9% y-o-y to $1.3 billion as revenues rose largely across the board.
Patmi margin increased to 5.3% from 4.9% in the same quarter the year before.
spore1 ( Date: 12-Nov-2025 20:53) Posted:
|
CDG 3rd quarter results is out! Net profit is up 22.4% to 70.4m. Fantastic!
SBS Transit profit after tax drops 20.6% y-o-y to $14.45 mil for 3QFY2025 in business update
ComfortDelGro owns 75% of SBS Transit, which is listed separately on the Singapore Exchange. SBS Transit is a leading bus and rail operator in Singapore. Every day, it carries more than three million passengers on its extensive bus and rail network.
Results nothing much to get excited as net profits was boosted by sale of depots in Victoria (25 mil). Debt level also increased by 477 mil to fund acquisitions
Vicom & SBS just reported qtrly updates.
Comfort should be tdy right?
Hope the update will be a comfortable one.
Hopefully CDG board reads this...
CDG is one the big companies that reports on the 2nd month 14/15th. By that time, most of the share price surge parties have ended.
Investors are packing their bags and go to sleep for 3 more months. CDG needs to report results earlier (2nd month 1st week) to get investors excited about the results and share price.
CDG is one the big companies that reports on the 2nd month 14/15th. By that time, most of the share price surge parties have ended.
Investors are packing their bags and go to sleep for 3 more months. CDG needs to report results earlier (2nd month 1st week) to get investors excited about the results and share price.
Approximately 67% ownership stake in Vicom?
Indicators positive and all ready
https://www.investing.com/equities/comfortdelgro-corporation-technical
https://www.investing.com/equities/comfortdelgro-corporation-technical
ComfortDelGro subsidiary Vicom reports 45% y-o-y growth in patmi for 3QFY2025 to $9.9 mil
https://www.theedgesingapore.com/amp/capital/results/comfortdelgro-subsidiary-vicom-reports-45-y-o-y-growth-patmi-3qfy2025-99-milWolf Money(Comfortdelgro)
https://lonewolfinvestor.blogspot.com/2025/11/wolf-moneycomfortdelgro.html
Here are several positives for investing in ComfortDelGro Corporation Limited (ComfortDelGro) shares always with the caveat that you should consider risks too and perhaps seek independent advice.
✅ Key strengths
✅ Key strengths
- Diversified transport business & strong home base
- ComfortDelGro is a major transport operator in Singapore (buses, taxis, rail) and has expanded internationally.
- It has a defensible position in Singapore public-transport market, which gives a steady foundation.
- International operations are growing: for example, overseas profits rose from 26% of group earnings in FY2023 to 34.9% in FY2024.
- Growth and margin improvement underway
- The group reported revenue growth (for example +16.4% in Q1 2025) and net profit growth (19%) supported by cost controls and operational improvement.
- In the UK and elsewhere, contract renewals and favourable pricing are improving margins.
- Strong commitment to sustainability and future mobility trends
- ComfortDelGro has set emissions-reduction targets under the Science Based Targets initiative (SBTi) and is shifting its fleet toward hybrid/electric vehicles.
- They have rebranded with a purpose Mobility for a better future and emphasise multi-modal mobility and innovation.
- This aligns the company with global megatrends: decarbonisation, urbanisation, smart mobility.
- Relatively stable cash-flow business with dividend potential
- Transport operations (buses, rail, taxis) tend to offer steady demand in urban environments and develop long-term contracts.
- Some reports mention a policy of paying out at least 50 % of profit after tax as dividends.
- For income-seeking investors, that stability can be attractive.
- Low gearing / manageable debt and global exposure
- One write-up noted the group gearing was low (around 6%) in one analysis, giving financial flexibility.
- Global footprint activities in UK, Australia, China, Malaysia etc. helps reduce dependence on one market.
- With global and domestic transport demand likely to recover/expand (urban population growth, mobility needs, policy support for public transport), a company with entrenched scale plus global reach is well-positioned.
- The shift to cleaner vehicles and sustainable transport may create new growth areas (EV fleets, maintenance, new contracts) for the company.
- Being a more defensive business (transport infrastructure rather than purely consumer-discretionary) may cushion against economic downturns somewhat.
ComfortDelGro Corporation Limited announced its Q3 2024 results in a regulatory filing
on 14 November 2024. Likely to be on or around this date for this year 2025
on 14 November 2024. Likely to be on or around this date for this year 2025
spore1 ( Date: 03-Nov-2025 20:22) Posted:
|