ComfortDelGro    Last:1.29   -

COMFORT DELGRO - MOVING FORWARD

This is because the pandemic is not its threat. With or without the pandemic, government pays the same contract fees for it to operate the buses and train.

And with or without the pandemic, PHV's challenge to its taxi business will not go away.

People who say that it will benefit from Phase 3 opening is only deceiving themselves and deceiving others.

weekaykee      ( Date: 15-Dec-2020 12:35) Posted: CDG' s performance has been very dissapointing. With stock prices being forward looking by 6-12 mths and considering things will be 95% back to normal within next 6 mths, CDG should already be around $2 now.  Unless there are other issues weighing it down.

 

this counter will be doing good as in long term. Vaccine rollout in many countries soon,  open business travel bubble for all countries from January... and
look like everything is in right track toward global recovery.. to pre-covid19. Cheer!!!

weekaykee      ( Date: 15-Dec-2020 12:35) Posted: CDG' s performance has been very dissapointing. With stock prices being forward looking by 6-12 mths and considering things will be 95% back to normal within next 6 mths, CDG should already be around $2 now.  Unless there are other issues weighing it down.

 

CDG' s performance has been very dissapointing. With stock prices being forward looking by 6-12 mths and considering things will be 95% back to normal within next 6 mths, CDG should already be around $2 now. 

Unless there are other issues weighing it down. 

 

Buy in anticipation yesterday. Sell on news today.

wiltay      ( Date: 15-Dec-2020 09:29) Posted: 27 stocks that may benefit from Singapore Phase 3 opening   https://www.drwealth.com/27-stocks-that-may-benefit-from-singapore-phase-3-opening/

 

27 stocks that may benefit from Singapore Phase 3 opening

 

 

CDG was good only because of taxi business. Taxi is a very lucrative business compared to public buses and train surviving on gov relief and tax-payers' money.

Hyflux? No gov relief for selling cheap commodity. How to survive?. Good that you run.

seba240698      ( Date: 15-Dec-2020 08:53) Posted: Actually I don't say to say it but you keep harping on Hyflux so I have no choice but to say it now. You compare Hyflux with CDG? What a joke. You might as well compare a human with a dog. You are insulting CDG. To be very open to you, I invested in both Hyflux and CDG before, I make a few hundred $ from the former but a few tens of K from the latter. I bought Hyflux in 2016 and sold it about 1 mth later while its price was going up very very fast. Why? Becasue I read its financial report. I was very shocked (I usually read the financial report before investing but that time I invested first then read). Hyflux had so high leverage. I quickly dumped it. As for CDG, you read its leverage, then you compare and comment. Although I'm no businessman, I beleive in very traditional businessman values, that is, among others, not to borrow too much, or better still, do not borrow at all. Those companies that don't practise what I believe are never in my portfolio. My 2-cent. DYODD. Conman      ( Date: 15-Dec-2020 07:18) Posted: Every punting uncle sing song tell story for CDG Taxis and look down at PHV but in real life, they book Grab or GoJek infront of a long queue of taxis. Why? Because they cannot punt Grab shares now. When no fish, prawns also can. If Hyflux is still puntable now, everyone will also sing song tell story for it. No one believe they would end up at Hong Lim corner to protest.

 

Haha danger I miss the good old days when we talked about those topics and also horses and secretaries. It's very dull now talking to uninteresting uncles. Not much fun now. I must look for another thread to jump to. Any to recommend?

danger      ( Date: 15-Dec-2020 07:47) Posted: OMG ! CONMAN HAS BEEN SINGING THE SAME TUNE OF MERDEKA TAXI UNCLES NO BUSINESS , PHV , ROBOTS , ALIENS, TOILET PAPER , 20 cents SHORT SINCE DINOSAUR TIME WHEN CDG WAS JUST 1.3X.... I BOUGHT AND SOLD SO MANY TIMES FROM 1.3x CDG ABOVE $1.70 AND STILL CONMAN IS SINGING..WHILE HIS 20 CENTS CDG SHORT IS AS FAR AS FEW GALAXIES AWAY MY ONLY DISAPPOINTMENT IS CONMAN FAILED TO TALK DOWN CDG TO 1.3X FOR ME TO RELOAD

 

Actually I don't say to say it but you keep harping on Hyflux so I have no choice but to say it now. You compare Hyflux with CDG? What a joke. You might as well compare a human with a dog. You are insulting CDG. To be very open to you, I invested in both Hyflux and CDG before, I make a few hundred $ from the former but a few tens of K from the latter. I bought Hyflux in 2016 and sold it about 1 mth later while its price was going up very very fast. Why? Becasue I read its financial report. I was very shocked (I usually read the financial report before investing but that time I invested first then read). Hyflux had so high leverage. I quickly dumped it. As for CDG, you read its leverage, then you compare and comment. Although I'm no businessman, I beleive in very traditional businessman values, that is, among others, not to borrow too much, or better still, do not borrow at all. Those companies that don't practise what I believe are never in my portfolio. My 2-cent. DYODD.

Conman      ( Date: 15-Dec-2020 07:18) Posted: Every punting uncle sing song tell story for CDG Taxis and look down at PHV but in real life, they book Grab or GoJek infront of a long queue of taxis. Why? Because they cannot punt Grab shares now. When no fish, prawns also can. If Hyflux is still puntable now, everyone will also sing song tell story for it. No one believe they would end up at Hong Lim corner to protest.

 

You are right. This World's Biggest Taxi Company (before, for a long time) is left with 11.4%. In 10 years, my speculation is 1%. The rest is mainly bus and train operation surviving on tax-payers' money (contract fees) and government relief.

eEconomist      ( Date: 14-Dec-2020 20:04) Posted: Many of us here comment as if is doom for ComfortDelgro due to the competion form PHV. In case if you do not know, from their report for H1 2020, Bus station business contribute to 78.5% of CDG' s revenue.  Taxi forms 11.4% of revenue.  Just becuase we all know it branding as a taxi company, does not mean that it is a taxi company anymore. Just like we all know that UIC as a detergent company.  Do you know that they are a property developer now?

 

Prawn is more expansive than Fish sometime.

Conman      ( Date: 15-Dec-2020 07:18) Posted: Every punting uncle sing song tell story for CDG Taxis and look down at PHV but in real life, they book Grab or GoJek infront of a long queue of taxis. Why? Because they cannot punt Grab shares now. When no fish, prawns also can. If Hyflux is still puntable now, everyone will also sing song tell story for it. No one believe they would end up at Hong Lim corner to protest.

 

They take Grab and Gojek because fares are dirt cheap --- at the expense of the company 😂

Conman      ( Date: 15-Dec-2020 07:18) Posted: Every punting uncle sing song tell story for CDG Taxis and look down at PHV but in real life, they book Grab or GoJek infront of a long queue of taxis. Why? Because they cannot punt Grab shares now. When no fish, prawns also can. If Hyflux is still puntable now, everyone will also sing song tell story for it. No one believe they would end up at Hong Lim corner to protest.

 

OMG ! CONMAN HAS BEEN SINGING THE SAME TUNE OF MERDEKA TAXI UNCLES NO BUSINESS , PHV , ROBOTS , ALIENS, TOILET PAPER , 20 cents SHORT SINCE DINOSAUR TIME WHEN CDG WAS JUST 1.3X.... I BOUGHT AND SOLD SO MANY TIMES FROM 1.3x

CDG ABOVE $1.70 AND STILL CONMAN IS SINGING..WHILE HIS 20 CENTS CDG SHORT IS AS FAR AS FEW GALAXIES AWAY

MY ONLY DISAPPOINTMENT IS CONMAN FAILED TO TALK DOWN CDG TO 1.3X FOR ME TO RELOAD

 

Every punting uncle sing song tell story for CDG Taxis and look down at PHV but in real life, they book Grab or GoJek infront of a long queue of taxis. Why? Because they cannot punt Grab shares now. When no fish, prawns also can.

If Hyflux is still puntable now, everyone will also sing song tell story for it. No one believe they would end up at Hong Lim corner to protest.

 

@eEconomist, excellently-said!

eEconomist      ( Date: 14-Dec-2020 20:04) Posted: Many of us here comment as if is doom for ComfortDelgro due to the competion form PHV. In case if you do not know, from their report for H1 2020, Bus station business contribute to 78.5% of CDG' s revenue.  Taxi forms 11.4% of revenue.  Just becuase we all know it branding as a taxi company, does not mean that it is a taxi company anymore. Just like we all know that UIC as a detergent company.  Do you know that they are a property developer now?

 

Many of us here comment as if is doom for ComfortDelgro due to the competion form PHV.

In case if you do not know, from their report for H1 2020, Bus station business contribute to 78.5% of CDG' s revenue.  Taxi forms 11.4% of revenue. 

Just becuase we all know it branding as a taxi company, does not mean that it is a taxi company anymore.

Just like we all know that UIC as a detergent company.  Do you know that they are a property developer now?

 

Grab made a mistake by venturing into the ride-hailing business from a start. Ride-hailing is NOT a sustainable business, unless Grab rent out vehicles and do servcing and repair of vehicles like CDG and other taxi companies. I hate to say this but if Grab were to start as fintech, it would probably be listed by now, after burning billions of dollars. I still hold by my conviction, that no company, in this world is profitable in doing ride-hailing business ALONE. Why? Because ride-hailing business is not like Amazon, Google or Facebook, where you only have one group if customers to please. The fundamental flaw of ride hailing business model is it has to serve 2 customers with direct conflicting interests. It has to make riders happy, how, by lowering the fares, but at the same time, it has to make the drivers happy, how, by raising the fares, so how, now, give riders discount and give drivers incentives loh, who don't know this, burn money only loh. I use my buttocks also can think of this method. But you look at taxi business. Taxi companies just collect rental, how much fares the drivers want to earn and the riders want to pay, it is up to them. Let them fight it out, let them complain to LTA, it is actually, none of the taxi companies business.

justicebaogaliao      ( Date: 14-Dec-2020 19:26) Posted: Grab is not only facing intense competition in the ride hailing, food delivery sectors SEA valued at 100 billion dollars vs Grab (14 billion), have significant stolen market share in the payment services (Shopee belongs to SEA) and continues to venture into digital banking. Who will be in a better position to succeed?   seba240698      ( Date: 14-Dec-2020 18:07) Posted: You speak as though CDG of a sitting duck waitjng to be shot and there is no company in this world that can do s ride-hailing business. 1) CDG can't invest more overseas? can't expand its PHV fleet? Can't pentrate into immature markets overseas? CDG has healthy cashflow. 2) no company in this world can set up ride-hailing business? Ride-hailing business is a low barrier entry business as it doesn't own any hard assets. Uber gone, now Go-jek, who is coming next, we don't know maybe after merging with go-jek, there is company C,D,E, F coming in? But we know that CDG is still surviving since Grab come to Singapore 8 years ago

 

Grab is not only facing intense competition in the ride hailing, food delivery sectors

SEA valued at 100 billion dollars vs Grab (14 billion), have significant stolen market share in the payment services (Shopee belongs to SEA) and continues to venture into digital banking.

Who will be in a better position to succeed?
 

seba240698      ( Date: 14-Dec-2020 18:07) Posted: You speak as though CDG of a sitting duck waitjng to be shot and there is no company in this world that can do s ride-hailing business. 1) CDG can't invest more overseas? can't expand its PHV fleet? Can't pentrate into immature markets overseas? CDG has healthy cashflow. 2) no company in this world can set up ride-hailing business? Ride-hailing business is a low barrier entry business as it doesn't own any hard assets. Uber gone, now Go-jek, who is coming next, we don't know maybe after merging with go-jek, there is company C,D,E, F coming in? But we know that CDG is still surviving since Grab come to Singapore 8 years ago. Conman      ( Date: 14-Dec-2020 17:54) Posted: Before Grab is listed, of course it is possible to punt CDG shares if one has the guts. This is because many punter have no clue about how this company's business. No one believed Hyflux could collapes before it is too late. Taxis drivers' and PHV drivers' business are now better than before Covid because everyone is locked in Singapore. But that does not mean that more people will drive CDG taxis. My speculation is there will be 2 crashes for this shares: 1. When Grab is listed 2. When Grab is included into STI Index and CDG taken out Meantime, happy punting!

 

 

Thank you for the blessings, Supreme Starship!

Starship      ( Date: 14-Dec-2020 18:47) Posted: Buradin      ( Date: 14-Dec-2020 18:43) Posted: Well, I dont mind being an ignorant person, sitting on a 30cents profit. God will bless people like me right? I hope...

 

Buradin      ( Date: 14-Dec-2020 18:43) Posted: Well, I dont mind being an ignorant person, sitting on a 30cents profit. God will bless people like me right? I hope...  Conman      ( Date: 14-Dec-2020 18:02) Posted: I know this zom bee and I knew many people who punt this stock are ignorant people, hence I am always on-guard. How to up lorry