ComfortDelGro    Last:1.3   -

COMFORT DELGRO - MOVING FORWARD

Its half of 1.60, still no good?  Can it get there since it' s prior low was $1?

If u have deep conviction that it will eventually drop to 50, then go ahead and wait  By then, CDG management will be accountable and face the sack.
 

tangsookiam1947      ( Date: 17-May-2026 14:44) Posted: im waiting at $0.50... why $0.80 is good?  JurongW      ( Date: 16-May-2026 14:41) Posted: The part on " Near-term earnings may remain soft for a few quarters" means share price will continue to move lower until the price remains attractive enough for BBs to buy on the cheap. It prior peak was about $1.60, if it can drop by half say to $0.80 if Q2 to Q4 results continue to disappoint the market, it presents a good buying opportunity. Imagine paying 8 cents dividend at this price, translates to a yield of 10% NAV is about $1.20+

 

im waiting at $0.50... why $0.80 is good? 

JurongW      ( Date: 16-May-2026 14:41) Posted: The part on " Near-term earnings may remain soft for a few quarters" means share price will continue to move lower until the price remains attractive enough for BBs to buy on the cheap. It prior peak was about $1.60, if it can drop by half say to $0.80 if Q2 to Q4 results continue to disappoint the market, it presents a good buying opportunity. Imagine paying 8 cents dividend at this price, translates to a yield of 10% NAV is about $1.20+ Winnertakeall      ( Date: 16-May-2026 13:47) Posted: After the weaker 1Q2026 results, ComfortDelGro is not standing still. Management is pushing several strategies to stabilise earnings and improve long-term growth. Main plans going forward: Transforming taxi business into a &ldquo hybrid fleet + platform&rdquo model CDG admitted traditional taxi operations are under pressure from ride-hailing competition. It plans to strengthen its own booking/platform ecosystem instead of relying mainly on taxi rentals. Focus is shifting toward: premium corporate customers, airport transfers, enterprise transport, specialised transport services.   Investing in autonomous vehicle (AV) and AI capabilities Management said it wants to build AV ecosystems globally and integrate autonomous vehicles into real transport networks. AI and technology investments are part of improving operational efficiency and future competitiveness.   Expanding stronger public transport operations Public transport remains CDG&rsquo s most stable earnings pillar. The company is focusing on: renewing UK bus contracts at better margins, improving rail ridership in Singapore, bidding for new transport contracts.   Possible future catalysts include: Serangoon-Eunos bus package tender result, Jurong Region Line operations from 2028, more overseas transport contracts.   Cost control and fuel management Fuel costs hurt margins in Q1. Management said part of fuel exposure is hedged and some public transport contracts have indexation mechanisms to offset higher energy costs.   Growing overseas businesses Overseas operations already contribute over 50% of revenue. CDG continues focusing on: UK, Australia, European transport operations, non-emergency patient transport, corporate mobility services.   Long-term driving centre investment Around S$200 million is being allocated for a next-generation driving centre in Singapore. Goal is to improve training capacity and increase market share over time.   What investors are watching now: Whether taxi earnings stabilise, Recovery in UK airport transfer demand, Whether competition from Grab and PHV players eases, Potential share buyback if share price stays weak (not officially announced yet). Overall: Near-term earnings may remain soft for a few quarters. But CDG is trying to shift from a mature taxi operator into a broader mobility and transport platform company. Dividend support still looks relatively solid because public transport cash flows remain stable.

 

drop to $0.50 is best!!!

JurongW      ( Date: 16-May-2026 16:07) Posted: At what price would u think it' s a better risk reward to buy for CDG? chengwh1      ( Date: 16-May-2026 16:04) Posted: I think there are better risk-reward candidates out there than CDG and SBST here,.... even for a person who' s holding almost all of the ' good and resilient' ctrs like myself. We can focus on and build positions in those ctrs instead.,......in the interest of diversification and returns.

 

Bro Winnertakeall appears to have good insider knowledge (sharing not officially announced potential share buybacks). Since he professed " near term earnings may remain soft for a few quarters" , better sell now than later. Otherwise interim mid year dividend may not even cover share price drop. It is also true that there are many better risk rewards counters out there - Sats, SCI. Have lost confidence in CDG.

 

At what price would u think it' s a better risk reward to buy for CDG?

chengwh1      ( Date: 16-May-2026 16:04) Posted: I think there are better risk-reward candidates out there than CDG and SBST here,.... even for a person who' s holding almost all of the ' good and resilient' ctrs like myself. We can focus on and build positions in those ctrs instead.,......in the interest of diversification and returns.

 

I think there are better risk-reward candidates out there than CDG and SBST here,.... even for a person who' s holding almost all of the ' good and resilient' ctrs like myself. We can focus on and build positions in those ctrs instead.,......in the interest of diversification and returns.

 

Let the share price drop even more, then 8% is easily achievable 

dexterderc      ( Date: 16-May-2026 15:05) Posted: The key question is.. are they still paying 8c dividend.. I really doubt so..😂 JurongW      ( Date: 16-May-2026 14:41) Posted: The part on " Near-term earnings may remain soft for a few quarters" means share price will continue to move lower until the price remains attractive enough for BBs to buy on the cheap. It prior peak was about $1.60, if it can drop by half say to $0.80 if Q2 to Q4 results continue to disappoint the market, it presents a good buying opportunity. Imagine paying 8 cents dividend at this price, translates to a yield of 10% NAV is about $1.20+

 

The key question is.. are they still paying 8c dividend.. I really doubt so..😂

JurongW      ( Date: 16-May-2026 14:41) Posted: The part on " Near-term earnings may remain soft for a few quarters" means share price will continue to move lower until the price remains attractive enough for BBs to buy on the cheap. It prior peak was about $1.60, if it can drop by half say to $0.80 if Q2 to Q4 results continue to disappoint the market, it presents a good buying opportunity. Imagine paying 8 cents dividend at this price, translates to a yield of 10% NAV is about $1.20+ Winnertakeall      ( Date: 16-May-2026 13:47) Posted: After the weaker 1Q2026 results, ComfortDelGro is not standing still. Management is pushing several strategies to stabilise earnings and improve long-term growth. Main plans going forward: Transforming taxi business into a &ldquo hybrid fleet + platform&rdquo model CDG admitted traditional taxi operations are under pressure from ride-hailing competition. It plans to strengthen its own booking/platform ecosystem instead of relying mainly on taxi rentals. Focus is shifting toward: premium corporate customers, airport transfers, enterprise transport, specialised transport services.   Investing in autonomous vehicle (AV) and AI capabilities Management said it wants to build AV ecosystems globally and integrate autonomous vehicles into real transport networks. AI and technology investments are part of improving operational efficiency and future competitiveness.   Expanding stronger public transport operations Public transport remains CDG&rsquo s most stable earnings pillar. The company is focusing on: renewing UK bus contracts at better margins, improving rail ridership in Singapore, bidding for new transport contracts.   Possible future catalysts include: Serangoon-Eunos bus package tender result, Jurong Region Line operations from 2028, more overseas transport contracts.   Cost control and fuel management Fuel costs hurt margins in Q1. Management said part of fuel exposure is hedged and some public transport contracts have indexation mechanisms to offset higher energy costs.   Growing overseas businesses Overseas operations already contribute over 50% of revenue. CDG continues focusing on: UK, Australia, European transport operations, non-emergency patient transport, corporate mobility services.   Long-term driving centre investment Around S$200 million is being allocated for a next-generation driving centre in Singapore. Goal is to improve training capacity and increase market share over time.   What investors are watching now: Whether taxi earnings stabilise, Recovery in UK airport transfer demand, Whether competition from Grab and PHV players eases, Potential share buyback if share price stays weak (not officially announced yet). Overall: Near-term earnings may remain soft for a few quarters. But CDG is trying to shift from a mature taxi operator into a broader mobility and transport platform company. Dividend support still looks relatively solid because public transport cash flows remain stable.

 

The part on " Near-term earnings may remain soft for a few quarters" means share price will continue to move lower until the price remains attractive enough for BBs to buy on the cheap.
It prior peak was about $1.60, if it can drop by half say to $0.80 if Q2 to Q4 results continue to disappoint the market, it presents a good buying opportunity.
Imagine paying 8 cents dividend at this price, translates to a yield of 10%
NAV is about $1.20+

Winnertakeall      ( Date: 16-May-2026 13:47) Posted: After the weaker 1Q2026 results, ComfortDelGro is not standing still. Management is pushing several strategies to stabilise earnings and improve long-term growth. Main plans going forward: Transforming taxi business into a &ldquo hybrid fleet + platform&rdquo model CDG admitted traditional taxi operations are under pressure from ride-hailing competition. It plans to strengthen its own booking/platform ecosystem instead of relying mainly on taxi rentals. Focus is shifting toward: premium corporate customers, airport transfers, enterprise transport, specialised transport services.   Investing in autonomous vehicle (AV) and AI capabilities Management said it wants to build AV ecosystems globally and integrate autonomous vehicles into real transport networks. AI and technology investments are part of improving operational efficiency and future competitiveness.   Expanding stronger public transport operations Public transport remains CDG&rsquo s most stable earnings pillar. The company is focusing on: renewing UK bus contracts at better margins, improving rail ridership in Singapore, bidding for new transport contracts.   Possible future catalysts include: Serangoon-Eunos bus package tender result, Jurong Region Line operations from 2028, more overseas transport contracts.   Cost control and fuel management Fuel costs hurt margins in Q1. Management said part of fuel exposure is hedged and some public transport contracts have indexation mechanisms to offset higher energy costs.   Growing overseas businesses Overseas operations already contribute over 50% of revenue. CDG continues focusing on: UK, Australia, European transport operations, non-emergency patient transport, corporate mobility services.   Long-term driving centre investment Around S$200 million is being allocated for a next-generation driving centre in Singapore. Goal is to improve training capacity and increase market share over time.   What investors are watching now: Whether taxi earnings stabilise, Recovery in UK airport transfer demand, Whether competition from Grab and PHV players eases, Potential share buyback if share price stays weak (not officially announced yet). Overall: Near-term earnings may remain soft for a few quarters. But CDG is trying to shift from a mature taxi operator into a broader mobility and transport platform company. Dividend support still looks relatively solid because public transport cash flows remain stable.

 

they shld we in next one

chengwh1      ( Date: 16-May-2026 14:05) Posted: SBS Transit, their subsid, has lost two major bus packages in the last two years. I preferred to look at other counters too.

 

The current leadership is a lot of fluff, appearing in Bloomberg interviews, press conferences etc, all trying to paint a rosy picture. Even as recent as during the end Apr AGM. Yet in less than a month, results released revealed a huge drop in profits! How to trust these folks? Stay at your own peril!

 

CDG is out of STI Index, and also ranked out of the index reserve list. It will never get back to be STI constituent stock, and will not appeal to institutional investors. It will just fade away.

 

SBS Transit, their subsid, has lost two major bus packages in the last two years. I preferred to look at other counters too.

 

Don' t waste time with Comfort. The Board and Management trying hard to sustain share price by paying 80% PATMI as dividends, while incurring borrowings for CAPEX and acquisitions. Comparatively Singapore banks despite their stellar performances, are only paying 50-60% PATMI for dividends. CDG is not sustainable. From the lacklustre performance of their recent acquisitions, it already shows Management' s execution is weak. 

 

After the weaker 1Q2026 results, ComfortDelGro is not standing still.
Management is pushing several strategies to stabilise earnings and improve long-term growth.
Main plans going forward:

1. Transforming taxi business into a &ldquo hybrid fleet + platform&rdquo model

• CDG admitted traditional taxi operations are under pressure from ride-hailing competition.

• It plans to strengthen its own booking/platform ecosystem instead of relying mainly on taxi rentals.

• Focus is shifting toward:

• • premium corporate customers,

• • airport transfers,

• • enterprise transport,

• • specialised transport services.  

2. Investing in autonomous vehicle (AV) and AI capabilities

• Management said it wants to build AV ecosystems globally and integrate autonomous vehicles into real transport networks.

• AI and technology investments are part of improving operational efficiency and future competitiveness.  

3. Expanding stronger public transport operations

• Public transport remains CDG&rsquo s most stable earnings pillar.

• The company is focusing on:

• • renewing UK bus contracts at better margins,

• • improving rail ridership in Singapore,

• • bidding for new transport contracts.  

Possible future catalysts include:

• Serangoon-Eunos bus package tender result,

• Jurong Region Line operations from 2028,

• more overseas transport contracts.  

4. Cost control and fuel management

• Fuel costs hurt margins in Q1.

• Management said part of fuel exposure is hedged and some public transport contracts have indexation mechanisms to offset higher energy costs.  

5. Growing overseas businesses

• Overseas operations already contribute over 50% of revenue.

• CDG continues focusing on:

• • UK,

• • Australia,

• • European transport operations,

• • non-emergency patient transport,

• • corporate mobility services.  

6. Long-term driving centre investment

• Around S$200 million is being allocated for a next-generation driving centre in Singapore.

• Goal is to improve training capacity and increase market share over time.  

What investors are watching now:

• Whether taxi earnings stabilise,

• Recovery in UK airport transfer demand,

• Whether competition from Grab and PHV players eases,

• Potential share buyback if share price stays weak (not officially announced yet).

Overall:

• Near-term earnings may remain soft for a few quarters.

• But CDG is trying to shift from a mature taxi operator into a broader mobility and transport platform company.

• Dividend support still looks relatively solid because public transport cash flows remain stable.

 

sounds like the sky is falling 

Guzman      ( Date: 16-May-2026 12:38) Posted: Upcoming quarters will be worst. SBST is to hand over the Tampines bus package, while defending its Serangoon package that is under tender. VICOM profits will fall from end of ERP OBU installation. Interest rates staying elevated will not help, given CDG' s borrowings to fund its acquisitions. The newly acquired businesses in UK and Australia will likely deliver subdue results. It is time to RUN..... never hold on to cold Comfort.

 

Upcoming quarters will be worst. SBST is to hand over the Tampines bus package, while defending its Serangoon package that is under tender. VICOM profits will fall from end of ERP OBU installation. Interest rates staying elevated will not help, given CDG' s borrowings to fund its acquisitions. The newly acquired businesses in UK and Australia will likely deliver subdue results. It is time to RUN..... never hold on to cold Comfort.

 

Dividend can sustain?

 

At around  S$1.28, ComfortDelGro is trading at its 52-week low area, and valuation is starting to look attractive for long-term investors but the market is worried about weaker near-term earnings.

What happened:

• Q1 FY2026 earnings disappointed mainly due to weaker taxi/private-hire operations and softer UK airport transfer demand.    
• The stock then fell sharply to the current low zone around S$1.28.    

Why some investors are buying now:

• Still profitable with positive cash flow
• Dividend yield now around 6%+ at current prices    
• Balance sheet remains relatively healthy
• Public transport business remains stable and defensive
• Overseas bus operations (especially UK) are improving gradually    
• Analysts& rsquo average target prices are mostly around S$1.50 ~1.70, implying upside from current levels

 

The company is over.