ComfortDelGro
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ComfortDelGro fundamentally strong but price weak
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641-660 of 2019
Oops....bro bishan is lau jiao loh....i knew him donkey yrs ago....
leongyan ( Date: 08-Dec-2017 12:03) Posted:
U newbie trader I guess?
bishan22 ( Date: 07-Dec-2017 18:48) Posted:
| Better stay clear... BT just announced they lost S$500 millions...... pock kai liao..... |
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U newbie trader I guess?
bishan22 ( Date: 07-Dec-2017 18:48) Posted:
| Better stay clear... BT just announced they lost S$500 millions...... pock kai liao..... |
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just ppl' s wishful thinking tat there will be a bidding war for comfort' s " prime assets" . Just to be sure, comfort has other taxis companies in other countries facing exactly the same problem.. So, they are somewhat in a similar situation as uber.. Fighting in many countries. ]
E share price will correct heavily downwards when the profitability of the taxi division is gone.. Well, shouldn' t take too much time to finish dying i hope.. Dont kana cancer and keep pumping money to seek treatment and only to find it is incurable..
investshare ( Date: 08-Dec-2017 10:17) Posted:
What?s so good about taxi biz that Softbank want to own?
seba240698 ( Date: 08-Dec-2017 10:16) Posted:
| Yeah perhaps Softbank should buy over Toyota and compete with CDG and SMRT for taxis, rail and buses, diesel sales and compete with VICOM on inspection and we will see how it goes.... |
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What?s so good about taxi biz that Softbank want to own?
seba240698 ( Date: 08-Dec-2017 10:16) Posted:
Yeah perhaps Softbank should buy over Toyota and compete with CDG and SMRT for taxis, rail and buses, diesel sales and compete with VICOM on inspection and we will see how it goes.....
investshare ( Date: 07-Dec-2017 22:12) Posted:
| What does CDG has? Taxi? Then Softbank might as well buy Toyota |
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Yeah perhaps Softbank should buy over Toyota and compete with CDG and SMRT for taxis, rail and buses, diesel sales and compete with VICOM on inspection and we will see how it goes.....
investshare ( Date: 07-Dec-2017 22:12) Posted:
What does CDG has? Taxi? Then Softbank might as well buy Toyota.
MonkeyKingGod ( Date: 07-Dec-2017 20:53) Posted:
| Was wondering since Singapore is such an important market. With the 10B, Softbank night as well buy whole comfort down at 4B. No need merge, no need discuss. Just buy. |
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oh. CDG has our NEL and DTL in singapore as well. large stake in SBS. if he buy, he owe more than half of transportation system in SG.
and on top, the fleets in UK, vietnam, China and Australia.
Since burning $ when softbank invest in grab and uber
might as well buy down CDG, monopolize and start making $. but maybe cos in SG, our transportation regulated ba.
else, he buy down, he hike fare. we all die
investshare ( Date: 07-Dec-2017 22:12) Posted:
What does CDG has? Taxi? Then Softbank might as well buy Toyota.
MonkeyKingGod ( Date: 07-Dec-2017 20:53) Posted:
| Was wondering since Singapore is such an important market. With the 10B, Softbank night as well buy whole comfort down at 4B. No need merge, no need discuss. Just buy. |
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What does CDG has? Taxi? Then Softbank might as well buy Toyota.
MonkeyKingGod ( Date: 07-Dec-2017 20:53) Posted:
Was wondering since Singapore is such an important market. With the 10B, Softbank night as well buy whole comfort down at 4B. No need merge, no need discuss. Just buy.
wanglausern ( Date: 07-Dec-2017 20:07) Posted:
If there is any merger it' ll be at Uber' s terms because Japan SoftBank has just invested USD10b in Uber.
Since last month Uber has been agressively handing out very attractive incentives to attract drivers, and generous promos to riders and so they don' t need to merge with CDG |
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Actually if you look at Softbank acquisitions overseas, it is not interested in traditional cab companies, its ultimate aim is to do driverless cars, I think.
Was wondering since Singapore is such an important market. With the 10B, Softbank night as well buy whole comfort down at 4B. No need merge, no need discuss. Just buy.
wanglausern ( Date: 07-Dec-2017 20:07) Posted:
If there is any merger it' ll be at Uber' s terms because Japan SoftBank has just invested USD10b in Uber.
Since last month Uber has been agressively handing out very attractive incentives to attract drivers, and generous promos to riders and so they don' t need to merge with CDG.
Starship ( Date: 07-Dec-2017 19:10) Posted:
ComfortDelGro loses 11% of its value in absence of Uber deal
THU, DEC 07, 2017 - 5:38 PM
[SINGAPORE] ComfortDelGro Corp has lost S$500 million in just four months - on track to become Singapore' s second-worst performing stock in 2017 - as investors lose patience over a planned venture with Uber Technologies Inc.
More than three months after the operator of Singapore' s largest taxi fleet said it is in talks with Uber Technologies Inc for a potential alliance, nothing has been announced.
ComfortDelGro has lost about 11 per cent of its value since announcing the negotiations in August. The stock' s market capitalisation has declined by US$1.2 billion so far this year, mainly on concerns about its taxi business.
Company executives have " hinted" that the discussions with Uber would likely end by the end of 2017, but no commitment has been given, Eugene Chua, an analyst at OCBC Investment Research wrote in a note on Nov 29.
Investors should remain cautious even if a deal is reached as competitor Grab could " respond promptly" to the alliance, he said.
http://www.businesstimes.com.sg/companies-markets/comfortdelgro-loses-11-of-its-value-in-absence-of-uber-deal
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But on the other hand, Softbank might not want Uber to join CDG. Why make CDG stronger and then compete with Grab, which is also invested by Softbank?
Could this be the reason behind the share price drop today?
Not only servicing its15,000 PHVs, but inspections, accident repairs also, my conservative estimate is $15 million into CDG's Engineering Arm per year. $1k per car per year.
I beg to differ.. by partnering with Comfort, uber immediately gain access to comforts 15k Taxi. So uber will also want to court Comfort. Uber makes a cut from the taxi fares. Whereas Comfort makes from leasing its taxis out and from its engineering department of servicing vehicles. Comfort will want to use uber app so that it?s drivers can use the modern technology and not its outdated current booking system. Taxi drivers will stop leaving Comfort to join grab. Analysts are predicting a stake in lion city rental. So if Comfort partners uber, Comfort also gain from leasing uber 15k vehicles and servicing its vehicles .. I think it?s win win and not just Uber?s terms
wanglausern ( Date: 07-Dec-2017 20:07) Posted:
If there is any merger it' ll be at Uber' s terms because Japan SoftBank has just invested USD10b in Uber.
Since last month Uber has been agressively handing out very attractive incentives to attract drivers, and generous promos to riders and so they don' t need to merge with CDG.
Starship ( Date: 07-Dec-2017 19:10) Posted:
ComfortDelGro loses 11% of its value in absence of Uber deal
THU, DEC 07, 2017 - 5:38 PM
[SINGAPORE] ComfortDelGro Corp has lost S$500 million in just four months - on track to become Singapore' s second-worst performing stock in 2017 - as investors lose patience over a planned venture with Uber Technologies Inc.
More than three months after the operator of Singapore' s largest taxi fleet said it is in talks with Uber Technologies Inc for a potential alliance, nothing has been announced.
ComfortDelGro has lost about 11 per cent of its value since announcing the negotiations in August. The stock' s market capitalisation has declined by US$1.2 billion so far this year, mainly on concerns about its taxi business.
Company executives have " hinted" that the discussions with Uber would likely end by the end of 2017, but no commitment has been given, Eugene Chua, an analyst at OCBC Investment Research wrote in a note on Nov 29.
Investors should remain cautious even if a deal is reached as competitor Grab could " respond promptly" to the alliance, he said.
http://www.businesstimes.com.sg/companies-markets/comfortdelgro-loses-11-of-its-value-in-absence-of-uber-deal
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If there is any merger it' ll be at Uber' s terms because Japan SoftBank has just invested USD10b in Uber.
Since last month Uber has been agressively handing out very attractive incentives to attract drivers, and generous promos to riders and so they don' t need to merge with CDG.
Starship ( Date: 07-Dec-2017 19:10) Posted:
ComfortDelGro loses 11% of its value in absence of Uber deal
THU, DEC 07, 2017 - 5:38 PM
[SINGAPORE] ComfortDelGro Corp has lost S$500 million in just four months - on track to become Singapore' s second-worst performing stock in 2017 - as investors lose patience over a planned venture with Uber Technologies Inc.
More than three months after the operator of Singapore' s largest taxi fleet said it is in talks with Uber Technologies Inc for a potential alliance, nothing has been announced.
ComfortDelGro has lost about 11 per cent of its value since announcing the negotiations in August. The stock' s market capitalisation has declined by US$1.2 billion so far this year, mainly on concerns about its taxi business.
Company executives have " hinted" that the discussions with Uber would likely end by the end of 2017, but no commitment has been given, Eugene Chua, an analyst at OCBC Investment Research wrote in a note on Nov 29.
Investors should remain cautious even if a deal is reached as competitor Grab could " respond promptly" to the alliance, he said.
http://www.businesstimes.com.sg/companies-markets/comfortdelgro-loses-11-of-its-value-in-absence-of-uber-deal
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11% or 500m lost in market cap due to share price drop
ComfortDelGro loses 11% of its value in absence of Uber deal
THU, DEC 07, 2017 - 5:38 PM
[SINGAPORE] ComfortDelGro Corp has lost S$500 million in just four months - on track to become Singapore' s second-worst performing stock in 2017 - as investors lose patience over a planned venture with Uber Technologies Inc.
More than three months after the operator of Singapore' s largest taxi fleet said it is in talks with Uber Technologies Inc for a potential alliance, nothing has been announced.
ComfortDelGro has lost about 11 per cent of its value since announcing the negotiations in August. The stock' s market capitalisation has declined by US$1.2 billion so far this year, mainly on concerns about its taxi business.
Company executives have " hinted" that the discussions with Uber would likely end by the end of 2017, but no commitment has been given, Eugene Chua, an analyst at OCBC Investment Research wrote in a note on Nov 29.
Investors should remain cautious even if a deal is reached as competitor Grab could " respond promptly" to the alliance, he said.
http://www.businesstimes.com.sg/companies-markets/comfortdelgro-loses-11-of-its-value-in-absence-of-uber-deal
Lost 500m of market capitalisation lah because of share price dropping. Not 500m of losses. Don?t anyhow say
bishan22 ( Date: 07-Dec-2017 18:48) Posted:
| Better stay clear... BT just announced they lost S$500 millions...... pock kai liao..... |
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Better stay clear... BT just announced they lost S$500 millions...... pock kai liao.....
Can try covering CFD shorts if it goes below 1.9x..for those that shorted at 2.08 level
leongyan ( Date: 01-Dec-2017 12:22) Posted:
Prefer to let it go 2.08 than CFD short and buy back.. long a bit risk as can go 1.9x anytime.
seba240698 ( Date: 01-Dec-2017 09:42) Posted:
| This stock swings between $2 to $2.08, very good for opportunitic traders, but for investors, patience is the key. |
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did they update on e uber collaboration???
Price seeing steep drops. It might look more attractive when it' s cheaper.
