ComfortDelGro    Last:1.29   -

COMFORT DELGRO - MOVING FORWARD

Conman is afterall...... just a conman

seba240698      ( Date: 17-Dec-2020 10:38) Posted: You are contradicting yourself, mate. Firstly, you said that CDG is stupid to own PHVs. Then when I (as well as other well-informed members here) verified that CDG indeed own PHVs, you countered by saying it is not making money and then said it is not reported. Mind you, CDG is a public-listed company, all its finances are made public, have you even bothered to find out? You don't, obviously. Then you say anybody can set up a car rental company, yes that I agree, just as you also own a rental company, right? And if rental company is not making money, then may I humbly ask you, whey do you set up one as sidekick? CDG's profit and loss are opened to public scrutiny, unlike Grab, who is so secretive on its finances but still can't escape the sharp eyes of public. Grab is burning money, everyone knows that. With due respect, is it because CDG rental and taxi business is competing with your rental company that you keep talking bad about CDG? Lol. Conman      ( Date: 17-Dec-2020 08:21) Posted: Cheap is no good. How to make money if you have to rent out cheap because you are facing competion from another 1000 car rental companies. I also own a one-car rental company as a side-kick. Anyone can do it. So CDG is compwting with me renting out PHV cars to kill its own taxi renting business? Can make money? Grab wasnt even interested to buy Lion City Rental (LCR) when it bought Uber out because it knew that business cannot make money. Where is LCR now? Still alive and competing with me? And CDG has gone in? That is why I said it is stupid. How much money has it made? Was it in its report

 

You are contradicting yourself, mate. Firstly, you said that CDG is stupid to own PHVs. Then when I (as well as other well-informed members here) verified that CDG indeed own PHVs, you countered by saying it is not making money and then said it is not reported. Mind you, CDG is a public-listed company, all its finances are made public, have you even bothered to find out? You don't, obviously. Then you say anybody can set up a car rental company, yes that I agree, just as you also own a rental company, right? And if rental company is not making money, then may I humbly ask you, whey do you set up one as sidekick? CDG's profit and loss are opened to public scrutiny, unlike Grab, who is so secretive on its finances but still can't escape the sharp eyes of public. Grab is burning money, everyone knows that. With due respect, is it because CDG rental and taxi business is competing with your rental company that you keep talking bad about CDG? Lol.

Conman      ( Date: 17-Dec-2020 08:21) Posted: Cheap is no good. How to make money if you have to rent out cheap because you are facing competion from another 1000 car rental companies. I also own a one-car rental company as a side-kick. Anyone can do it. So CDG is compwting with me renting out PHV cars to kill its own taxi renting business? Can make money? Grab wasnt even interested to buy Lion City Rental (LCR) when it bought Uber out because it knew that business cannot make money. Where is LCR now? Still alive and competing with me? And CDG has gone in? That is why I said it is stupid. How much money has it made? Was it in its report? seba240698      ( Date: 17-Dec-2020 08:05) Posted: And when they asked me if I were renting out for PHVs, they said PHVs if rent more than 1 month, the discount is very attractive. It it is about $40/day. If rent longer even cheaper. I think CDG price is cheaper than market becasue they have the economy if scale and its own workshop.

 

Grab is just slow and will be shocked to find out that this sector is also very competitive 

https://www.finextra.com/newsarticle/36811/hong-kong-virtual-bank-mox-signs-35000-customers-in-first-month

justicebaogaliao      ( Date: 17-Dec-2020 10:20) Posted: Firstly, the ' revenue' u mentioned certainly doesn' t come from its ride hailing business which is loss making in the first place Secondly, are u sure the other projects will be making good money for sure?? Many other banks will be issued digital banking license soon. Standard Chartered has already obtained one, and besides it already have a digital banking platform called MOX running in hongkong. Is Grab able to compete well without prior experience in this sector?   Conman      ( Date: 17-Dec-2020 10:01) Posted: Grab will make money the moment it stop expansion. Currently, revenue is spend on many other projects unrelated to ride-hailing. But whether it earns money or lose is not important to us. What is important is it has caused taxis to drop from 28,000+ to 16,000+. Even the World's Biggest Taxi Company now wants to run down its fleets. Many uncles said it is better that it just rent out PHVs cheap cheap already can huat big

 

Starship      ( Date: 17-Dec-2020 10:26) Posted:

 

 

Firstly, the ' revenue' u mentioned certainly doesn' t come from its ride hailing business which is loss making in the first place

Secondly, are u sure the other projects will be making good money for sure?? Many other banks will be issued digital banking license soon. Standard Chartered has already obtained one, and besides it already have a digital banking platform called MOX running in hongkong. Is Grab able to compete well without prior experience in this sector?

 

Conman      ( Date: 17-Dec-2020 10:01) Posted: Grab will make money the moment it stop expansion. Currently, revenue is spend on many other projects unrelated to ride-hailing. But whether it earns money or lose is not important to us. What is important is it has caused taxis to drop from 28,000+ to 16,000+. Even the World's Biggest Taxi Company now wants to run down its fleets. Many uncles said it is better that it just rent out PHVs cheap cheap already can huat big. justicebaogaliao      ( Date: 17-Dec-2020 09:14) Posted: CDG won' t be as silly as Grab trying to do a business at a loss for many years, trying to monopolize the market in the face of CCCS, many other competitors, and new competitors who have little barriers to entry into this market of ride hailing

 

Grab will make money the moment it stop expansion. Currently, revenue is spend on many other projects unrelated to ride-hailing.

But whether it earns money or lose is not important to us. What is important is it has caused taxis to drop from 28,000+ to 16,000+. Even the World's Biggest Taxi Company now wants to run down its fleets. Many uncles said it is better that it just rent out PHVs cheap cheap already can huat big.

justicebaogaliao      ( Date: 17-Dec-2020 09:14) Posted: CDG won' t be as silly as Grab trying to do a business at a loss for many years, trying to monopolize the market in the face of CCCS, many other competitors, and new competitors who have little barriers to entry into this market of ride hailing  Conman      ( Date: 17-Dec-2020 08:21) Posted: Cheap is no good. How to make money if you have to rent out cheap because you are facing competion from another 1000 car rental companies. I also own a one-car rental company as a side-kick. Anyone can do it. So CDG is compwting with me renting out PHV cars to kill its own taxi renting business? Can make money? Grab wasnt even interested to buy Lion City Rental (LCR) when it bought Uber out because it knew that business cannot make money. Where is LCR now? Still alive and competing with me? And CDG has gone in? That is why I said it is stupid. How much money has it made? Was it in its report

 

CDG won' t be as silly as Grab trying to do a business at a loss for many years, trying to monopolize the market in the face of CCCS, many other competitors, and new competitors who have little barriers to entry into this market of ride hailing 

Conman      ( Date: 17-Dec-2020 08:21) Posted: Cheap is no good. How to make money if you have to rent out cheap because you are facing competion from another 1000 car rental companies. I also own a one-car rental company as a side-kick. Anyone can do it. So CDG is compwting with me renting out PHV cars to kill its own taxi renting business? Can make money? Grab wasnt even interested to buy Lion City Rental (LCR) when it bought Uber out because it knew that business cannot make money. Where is LCR now? Still alive and competing with me? And CDG has gone in? That is why I said it is stupid. How much money has it made? Was it in its report? seba240698      ( Date: 17-Dec-2020 08:05) Posted: And when they asked me if I were renting out for PHVs, they said PHVs if rent more than 1 month, the discount is very attractive. It it is about $40/day. If rent longer even cheaper. I think CDG price is cheaper than market becasue they have the economy if scale and its own workshop.

 

Cheap is no good. How to make money if you have to rent out cheap because you are facing competion from another 1000 car rental companies. I also own a one-car rental company as a side-kick. Anyone can do it. So CDG is compwting with me renting out PHV cars to kill its own taxi renting business? Can make money?

Grab wasnt even interested to buy Lion City Rental (LCR) when it bought Uber out because it knew that business cannot make money. Where is LCR now? Still alive and competing with me? And CDG has gone in? That is why I said it is stupid.

How much money has it made? Was it in its report?

seba240698      ( Date: 17-Dec-2020 08:05) Posted: And when they asked me if I were renting out for PHVs, they said PHVs if rent more than 1 month, the discount is very attractive. It it is about $40/day. If rent longer even cheaper. I think CDG price is cheaper than market becasue they have the economy if scale and its own workshop. danger      ( Date: 17-Dec-2020 07:02) Posted: Alamak.. conman doesn' t know cdg has a car rental division !!?? All their cars was rented out aeah

 

And when they asked me if I were renting out for PHVs, they said PHVs if rent more than 1 month, the discount is very attractive. It it is about $40/day. If rent longer even cheaper. I think CDG price is cheaper than market becasue they have the economy if scale and its own workshop.

danger      ( Date: 17-Dec-2020 07:02) Posted: Alamak.. conman doesn' t know cdg has a car rental division !!?? All their cars was rented out aeah

 

Conman doesn' t know anything substantial about CDG and Grab and started punting his shorts, thinking CDG = taxi company and Grab = King of the world 

 

Very true, I intended to rent out a car, must wait a few days, if you insist in your model, you must wait more than 1 week.

danger      ( Date: 17-Dec-2020 07:02) Posted: Alamak.. conman doesn' t know cdg has a car rental division !!?? All their cars was rented out aeah

 

Alamak.. conman doesn' t know cdg has a car rental division !!?? All their cars was rented out aeah

 

And why is CDG stupid by renting out PHVs? CDG will be stupid for NOT renting out PHVs. What is CDG strong at? Renting out taxis, cars, maintenance of vehicles. In fact I shouldn't talk so much about this. Go to talk to CDG management if you know someone there. If Grab can help CDG to find jobs for its drivers (taxi or PHV drivers alike), isn't it a good collaboration? Haha. And please don't tell me that Grab doesn't want to g4ve jobs to CDG PHV or CDG taxi drivers from their apps hor. Grab will be fined again by LTA if evidence of such malpractice is detected. Please go and read up all the rules and regulations of the new P2P Framework. Don't just look at things in the surface, many things are happening in the PHV/taxis scenes that you need to find out more. Cheers.

Conman      ( Date: 17-Dec-2020 05:21) Posted: So finally you understand. And the equilibrium is not static but self-adjusted according to the passenger number and rental. The equilibruim dropped rapidly over the last 6 years because of loss of passengers to PHVs while at the same time CDG charged higher and higher rental. I dont think CDG rent out PHV cars. If they do, it will be stupid. seba240698      ( Date: 16-Dec-2020 21:37) Posted: Everybody know the number of taxis is falling, you don't have to harp on this and tell us. What is important is this is the number of taxis that Singapore needs, this is the equilibrium number. If PHVs is the one going forward, so be it. Do you know how many PHVs CDG own? Lol.

 

Haha, you don't think CG rent out PHVs, haha. You need to find out more.

Conman      ( Date: 17-Dec-2020 05:21) Posted: So finally you understand. And the equilibrium is not static but self-adjusted according to the passenger number and rental. The equilibruim dropped rapidly over the last 6 years because of loss of passengers to PHVs while at the same time CDG charged higher and higher rental. I dont think CDG rent out PHV cars. If they do, it will be stupid. seba240698      ( Date: 16-Dec-2020 21:37) Posted: Everybody know the number of taxis is falling, you don't have to harp on this and tell us. What is important is this is the number of taxis that Singapore needs, this is the equilibrium number. If PHVs is the one going forward, so be it. Do you know how many PHVs CDG own? Lol.

 

So finally you understand. And the equilibrium is not static but self-adjusted according to the passenger number and rental. The equilibruim dropped rapidly over the last 6 years because of loss of passengers to PHVs while at the same time CDG charged higher and higher rental.

I dont think CDG rent out PHV cars. If they do, it will be stupid.

seba240698      ( Date: 16-Dec-2020 21:37) Posted: Everybody know the number of taxis is falling, you don't have to harp on this and tell us. What is important is this is the number of taxis that Singapore needs, this is the equilibrium number. If PHVs is the one going forward, so be it. Do you know how many PHVs CDG own? Lol. Conman      ( Date: 16-Dec-2020 18:22) Posted: PHV's attack on the taxi trade is at its business model, as follows, 1. Private cars can be used as taxis 2. PHVs can be self-owned, taxis can be bought only by taxi companies 3. Fares are based on supply and demand, which attract the drivers 4. Cars can be used for personal purposes like going across the causeway. The above are the reasons why any new driver will probably drive a PHV and not taxi. Dont believe? Ask the taxi drivers whenever you take taxis. They ate most probably tell you they have been driving for 10, 15, 20, or even 30 years

 

Everybody know the number of taxis is falling, you don't have to harp on this and tell us. What is important is this is the number of taxis that Singapore needs, this is the equilibrium number. If PHVs is the one going forward, so be it. Do you know how many PHVs CDG own? Lol.

Conman      ( Date: 16-Dec-2020 18:22) Posted: PHV's attack on the taxi trade is at its business model, as follows, 1. Private cars can be used as taxis 2. PHVs can be self-owned, taxis can be bought only by taxi companies 3. Fares are based on supply and demand, which attract the drivers 4. Cars can be used for personal purposes like going across the causeway. The above are the reasons why any new driver will probably drive a PHV and not taxi. Dont believe? Ask the taxi drivers whenever you take taxis. They ate most probably tell you they have been driving for 10, 15, 20, or even 30 years. justicebaogaliao      ( Date: 16-Dec-2020 17:43) Posted: too bad our government is only providing aid to taxi drivers who cannot afford to buy a car to become PhV driver, as well as full-time PhV drivers - well how many are there? Most ppl who own a private car only have a small amount of leisure time to earn from PhV bookings They have a proper job of their own, and Taxis will always be in existent to cover this gap https://www.straitstimes.com/singapore/transport/cab-private-hire-drivers-to-get-higher-payouts-from-next-year-as-self-employed

 

oh yes, new guys will consider joining as Taxi drivers are well taken care of by the government
Grab drivers who own private cars like Mercedes, BMWs and Audis can take care of themselves as Grab don' t have sufficient funds to take care of them
 

Conman      ( Date: 16-Dec-2020 21:22) Posted: Why? Every news is good news? This is nothing compared to the $9k for the self-employed this year plus $300 ($10 a day) per month to offset the rental. Now the $300 is changed to $600 for the first 3 months and $450 for the second 3 months to offset rentals. And it is applicable only to the existing drivers. It is not meant to attract new guys to become taxi drivers. Hence it is good for the drivers but neutral for the taxi companies. TANPK123      ( Date: 16-Dec-2020 18:32) Posted: With gov helping.... tomorrow towards $1.8

 

Why? Every news is good news?

This is nothing compared to the $9k for the self-employed this year plus $300 ($10 a day) per month to offset the rental. Now the $300 is changed to $600 for the first 3 months and $450 for the second 3 months to offset rentals.

And it is applicable only to the existing drivers. It is not meant to attract new guys to become taxi drivers.

Hence it is good for the drivers but neutral for the taxi companies.

TANPK123      ( Date: 16-Dec-2020 18:32) Posted: With gov helping.... tomorrow towards $1.86 Starship      ( Date: 16-Dec-2020 18:17) Posted: Taxi, private-hire car drivers to get S$133 million additional COVID-19 support from January 16 Dec 2020 01:00PM SINGAPORE: Taxi and private-hire car drivers are set to receive an additional S$133 million in support from the Government, in a move aimed at moderating the impact from the cessation of a relief scheme for self-employed workers, said the Land Transport Authority (LTA) on Wednesday (Dec 16). The additional support will come under a new COVID-19 Driver Relief Fund, and is on top of the S$55 million already committed to the existing Special Relief Fund, said LTA in a news release. Under the COVID-19 Driver Relief Fund, drivers will receive S$600 per vehicle per month between January and March, and S$450 between April and June. The new scheme will replace the existing Special Relief Fund, which was started in February to help active taxi and private-hire car drivers defray costs. Drivers received monthly payouts of S$300 per vehicle per month under that scheme. About 52,000 drivers who are currently eligible for the Special Relief Fund will be automatically transitioned to the COVID-19 Driver Relief Fund from January. The new fund will be introduced as the  Self-Employed Person Income Relief Scheme  - introduced as part of the Resilience Budget in March - comes to an end. Under the scheme, eligible drivers would have received S$3,000 each in May, July and October.  Recipients of the COVID-19 Driver Relief Fund will not be eligible for the  new COVID-19 Recovery Grant  announced on Wednesday by the Ministry of Social and Family Development. In a joint statement on Wednesday, the National Private Hire Vehicles Association and the National Taxi Association said the announcement is a " much-welcomed move" . Leaders from both associations have been engaging tripartite partners to share concerns and feedback from the ground on the COVID-19 situation.  Tripartite partners have also been engaging drivers through dialogue sessions, noting their concerns and providing timely assistance, they added. " This payout will bring much relief to our drivers as even though the economy is opening, it is still not at pre-COVID-19 levels," the associations said. " We are also grateful to our operators for showing care towards the drivers during this period, from rolling out rental waivers and commission relief during the ' circuit breaker' period to extending a short-term relief fund for drivers on quarantine order and stay-home notices & ndash this is a partnership on all fronts to support our drivers through this pandemic." Despite the improving COVID-19 situation in Singapore, taxi and private-hire car ridership are still lower than pre-COVID-19 levels as tourism activities remain & ldquo muted& rdquo and many employees continue to work from home, said LTA on Wednesday. " COVID-19 has also changed commuting patterns, with shorter taxi and PHC (private-hire car) trips which result in lower fares per trip," LTA added. " LTA has been monitoring the situation closely, in particular the continued concerns among taxi and PHC drivers over their incomes and livelihoods as we head into 2021, and has regularly engaged drivers, operators, the National Taxi Association and the National Private Hire Vehicles Association." NTUC Director and Labour MP Yeo Wan Ling said drivers shared their concerns during the last engagement session with Senior Minister of State for Transport Amy Khor. " Some of them are sole breadwinners, supporting their family and children, and with border closures and COVID-19 measures in place, they are not able to earn what they did previously," she said.  She also expressed gratitude to tripartite partners who will be providing additional support for drivers. " This combined with the other assistance such as the Self-employed persons Income Reliefs Scheme and rental waivers from platforms provided some relief to our drivers," she said. " NTUC will also continue to look out for our workers, with the first tranche of the NCF and subsequently, the enhanced NCF, providing cash relief to tide them over difficult times." https://www.channelnewsasia.com/news/singapore/taxi-private-hire-car-drivers-to-get-133-million-covid-19-relief-13782610

 

😒

Conman      ( Date: 16-Dec-2020 18:26) Posted: You will become a troll if you make more of such post, not to contribute but just to attack. Beatch      ( Date: 16-Dec-2020 18:12) Posted: Haiz everytime I logged into sharejunction hoping for some constructive views... ended up it?s just... 😒 now I am here just for entertainment. let?s stop feeding THE troll.