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COMFORT DELGRO - MOVING FORWARD Post Reply Rate topic
Conman Elite	13-Aug-2022 16:22        Conman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Street hailing is already history. Ask the taxi drivers how many street jobs they get a day. They will tell you one or two. Street hailiing is the most important modus operandi of taxi driving because it brings a out 'one up one down' earning for the drivers. Where are these people who used to flag for taxis in the past? Let me tell you Guru. --- They book Grab. See for yourself, taxis have to run backnd d forth taxi stands to get their passengers. More than 50% of their driving time their cabs are empty. How many of them get Zig booking jobs? Just see for yourself Guru how many are wearing the 'on- call' signs and speeding -- nobody can bluff you.
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Entropy72 Master	13-Aug-2022 14:17        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ride hailing will cannibalise street hailing. Hence CDG zip needs to capture critical market share of ride hailing. While the number of people trying out Zip is high (see App Store reviews), it seems many are frustrated by the quality of the app which crashes often. CDG needs to prioritize the improvement of Zip app to retain users.
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Conman Elite	13-Aug-2022 13:54        Conman About Contact  Quote this Post!
x 0   x 0  Alert Admin	6,500 is a very ugly number considering that this Zoom Bee was the World's biggest taxi company before. It has already sold its taxicompanies in London and Vietnam. What happens in China now? Even if it avoid revealing the truth, we can just ask any visitor from there or check with our contacts there to see who still remember what a taxi is, we will know the situation. This show that all its effort to save its taxi business has flopped. The so-called ride-hailing is rubbish looking at the number of blue and yellow colour cabs queuing everywhere particularly at the airport. Which PHV driver dare to rent car from this Zoom Bee if he cannot get booking jobs from Grab? Entropy72      ( Date: 13-Aug-2022 02:07) Posted: According to LTA stats (https://www.lta.gov.sg/content/dam/ltagov/who_we_are/statistics_and_publications/statistics/pdf/P2P_info_2022.pdf), CDG taxi fleet has declined from 7200 in Jan 21 to 6500 in Jun 22. I guess ride hail revenue is factored under its Taxi segment and supporting its growth? If so, the growth rate do ride hailing is interesting to watch. Buradin      ( Date: 13-Aug-2022 00:07) Posted: Actually for the taxi segment, if we compare it with 2H 2021 instead of 1H 2021, there is an uptick of leasing. And taxi operating profit trended upwards also due to lower operating cost. But I agree that it is not exciting, more importantly not making losses. Also agree on the potential bright spots, especially the EV infra, CDG should stick it in and push for 50% of market share (very profitable).
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Buradin Veteran	13-Aug-2022 13:06        Buradin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Understand that it is gone. Normally sale of assets (including profits) will be utilised to drive growth engines but I suspect with the strong balance sheet CDG has.. it could support this 100% special distribution. As what entropy mentioned about CDG being way off pre-covid. Totally agree.. and with that stock prices also will not rocket as well... but based on recent results, I think it is fair for the near to medium term stock price to range between 1.5 to 1.6 (I hope). Conman      ( Date: 13-Aug-2022 12:21) Posted: Buradin, this special dividend is from the sale of its Alperton properties in London. You get 1.41 cents but the properties are gone from the company ledger forever. Nevermind. There are still 34,000 vehicles to make up to its NAV. Buradin      ( Date: 12-Aug-2022 22:55) Posted: Tks for info. Special dividend is always a happy thing for shareholders. My brother in arms Entropy should be happy too. 😊
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Buradin Veteran	13-Aug-2022 12:59        Buradin About Contact  Quote this Post!
x 0   x 0  Alert Admin	👍 Conman      ( Date: 13-Aug-2022 12:39) Posted: LTA only has the registered numbers of taxis and not leased- out numbers. So if your numbers are from the LTA, it is the total registered with the authorities. Taxi companies have to maintain 10 to 15% of spare vehicles (in my estimate) to enable smooth operations. Some of these spare vehicles can be lay-off the road to save insurance costs but they are still counted as registered numbers. Entropy72      ( Date: 13-Aug-2022 08:58) Posted: Ah yes, the rental waivers in 2021 might explain why taxi revenue increased in 2022 despite a reduction in fleet size. Or it could be that the fleet size refers to physical fleet rather than leased out fleet. CDG might not do a full replacement for older taxis that reached end of life hence physical fleet size reduces while leased out fleet size grows.
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Entropy72 Master	13-Aug-2022 12:51        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for confirming, Conman. Conman      ( Date: 13-Aug-2022 12:39) Posted: LTA only has the registered numbers of taxis and not leased- out numbers. So if your numbers are from the LTA, it is the total registered with the authorities. Taxi companies have to maintain 10 to 15% of spare vehicles (in my estimate) to enable smooth operations. Some of these spare vehicles can be lay-off the road to save insurance costs but they are still counted as registered numbers. Entropy72      ( Date: 13-Aug-2022 08:58) Posted: Ah yes, the rental waivers in 2021 might explain why taxi revenue increased in 2022 despite a reduction in fleet size. Or it could be that the fleet size refers to physical fleet rather than leased out fleet. CDG might not do a full replacement for older taxis that reached end of life hence physical fleet size reduces while leased out fleet size grows.
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Conman Elite	13-Aug-2022 12:39        Conman About Contact  Quote this Post!
x 0   x 0  Alert Admin	LTA only has the registered numbers of taxis and not leased- out numbers. So if your numbers are from the LTA, it is the total registered with the authorities. Taxi companies have to maintain 10 to 15% of spare vehicles (in my estimate) to enable smooth operations. Some of these spare vehicles can be lay-off the road to save insurance costs but they are still counted as registered numbers. Entropy72      ( Date: 13-Aug-2022 08:58) Posted: Ah yes, the rental waivers in 2021 might explain why taxi revenue increased in 2022 despite a reduction in fleet size. Or it could be that the fleet size refers to physical fleet rather than leased out fleet. CDG might not do a full replacement for older taxis that reached end of life hence physical fleet size reduces while leased out fleet size grows. Buradin      ( Date: 13-Aug-2022 02:39) Posted: U are right in the decline in taxi numbers. Hmm then the lower taxi revenue could be due to the rental waivers that was given by CDG last year on top of government reliefs.
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Buradin Veteran	13-Aug-2022 12:30        Buradin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yielding at around 4% at this price with a strong balance sheet. CDG is well positioned. Entropy72      ( Date: 13-Aug-2022 08:58) Posted: Ah yes, the rental waivers in 2021 might explain why taxi revenue increased in 2022 despite a reduction in fleet size. Or it could be that the fleet size refers to physical fleet rather than leased out fleet. CDG might not do a full replacement for older taxis that reached end of life hence physical fleet size reduces while leased out fleet size grows. Buradin      ( Date: 13-Aug-2022 02:39) Posted: U are right in the decline in taxi numbers. Hmm then the lower taxi revenue could be due to the rental waivers that was given by CDG last year on top of government reliefs.
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AttasBoss Elite	13-Aug-2022 12:24        AttasBoss About Contact  Quote this Post!
x 0   x 0  Alert Admin	Market give u many chance to buy 1.3 to 1.4. If later at 2 dollars u will regret.
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Conman Elite	13-Aug-2022 12:21        Conman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Buradin, this special dividend is from the sale of its Alperton properties in London. You get 1.41 cents but the properties are gone from the company ledger forever. Nevermind. There are still 34,000 vehicles to make up to its NAV. Buradin      ( Date: 12-Aug-2022 22:55) Posted: Tks for info. Special dividend is always a happy thing for shareholders. My brother in arms Entropy should be happy too. 😊 TikTalk      ( Date: 12-Aug-2022 17:42) Posted: Interim and Special Dividend For the half year ended 30 June 2022, there was a one-off exceptional gain of $30.5 million from the disposal of the Alperton property in London which resulted in net profit attributable to shareholders of $118.7 million. Excluding this exceptional gain, net profit was $88.2 million. As the Company is in a healthy net cash position with stable forecasted cashflows, it is proposed that the full net gain from that disposal be returned to shareholders in the form of a one-off special dividend. As such, the following dividends are proposed: - A tax-exempt one-tier interim dividend of 2.85 cents per ordinary share representing a Dividend Payout Ratio (&ldquo DPR&rdquo ) of 70.0% of the underlying net profit of $88.2 million for the half year just ended and - A tax-exempt one-tier special dividend of 1.41 cents per ordinary share representing a DPR of 100.0% of the net gain on disposal of Alperton property in London of $30.5 million. The proposed DPR for 1H2022 on underlying profits of 70% is consistent with the DPR for 2021 and is in line with our DPR policy which is to declare a DPR of at least 50%. PreCOVID, the interim DPR for 2019 was 67%.
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Entropy72 Master	13-Aug-2022 08:58        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ah yes, the rental waivers in 2021 might explain why taxi revenue increased in 2022 despite a reduction in fleet size. Or it could be that the fleet size refers to physical fleet rather than leased out fleet. CDG might not do a full replacement for older taxis that reached end of life hence physical fleet size reduces while leased out fleet size grows. Buradin      ( Date: 13-Aug-2022 02:39) Posted: U are right in the decline in taxi numbers. Hmm then the lower taxi revenue could be due to the rental waivers that was given by CDG last year on top of government reliefs. Entropy72      ( Date: 13-Aug-2022 02:07) Posted: According to LTA stats (https://www.lta.gov.sg/content/dam/ltagov/who_we_are/statistics_and_publications/statistics/pdf/P2P_info_2022.pdf), CDG taxi fleet has declined from 7200 in Jan 21 to 6500 in Jun 22. I guess ride hail revenue is factored under its Taxi segment and supporting its growth? If so, the growth rate do ride hailing is interesting to watch.
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Buradin Veteran	13-Aug-2022 02:39        Buradin About Contact  Quote this Post!
x 0   x 0  Alert Admin	U are right in the decline in taxi numbers. Hmm then the lower taxi revenue could be due to the rental waivers that was given by CDG last year on top of government reliefs. Entropy72      ( Date: 13-Aug-2022 02:07) Posted: According to LTA stats (https://www.lta.gov.sg/content/dam/ltagov/who_we_are/statistics_and_publications/statistics/pdf/P2P_info_2022.pdf), CDG taxi fleet has declined from 7200 in Jan 21 to 6500 in Jun 22. I guess ride hail revenue is factored under its Taxi segment and supporting its growth? If so, the growth rate do ride hailing is interesting to watch. Buradin      ( Date: 13-Aug-2022 00:07) Posted: Actually for the taxi segment, if we compare it with 2H 2021 instead of 1H 2021, there is an uptick of leasing. And taxi operating profit trended upwards also due to lower operating cost. But I agree that it is not exciting, more importantly not making losses. Also agree on the potential bright spots, especially the EV infra, CDG should stick it in and push for 50% of market share (very profitable).
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Entropy72 Master	13-Aug-2022 02:07        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	According to LTA stats (https://www.lta.gov.sg/content/dam/ltagov/who_we_are/statistics_and_publications/statistics/pdf/P2P_info_2022.pdf), CDG taxi fleet has declined from 7200 in Jan 21 to 6500 in Jun 22. I guess ride hail revenue is factored under its Taxi segment and supporting its growth? If so, the growth rate do ride hailing is interesting to watch. Buradin      ( Date: 13-Aug-2022 00:07) Posted: Actually for the taxi segment, if we compare it with 2H 2021 instead of 1H 2021, there is an uptick of leasing. And taxi operating profit trended upwards also due to lower operating cost. But I agree that it is not exciting, more importantly not making losses. Also agree on the potential bright spots, especially the EV infra, CDG should stick it in and push for 50% of market share (very profitable).
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Buradin Veteran	13-Aug-2022 00:07        Buradin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually for the taxi segment, if we compare it with 2H 2021 instead of 1H 2021, there is an uptick of leasing. And taxi operating profit trended upwards also due to lower operating cost. But I agree that it is not exciting, more importantly not making losses. Also agree on the potential bright spots, especially the EV infra, CDG should stick it in and push for 50% of market share (very profitable).
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Entropy72 Master	12-Aug-2022 23:17        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, I am satisfied though not yet elated at the dividend. Interim dividend (exclude special non-recurring dividend) of 2.85 cts is now 35% higher than 2.1 cts last year. Still some way off the pre-COVID interim dividend of 4.35 cts 😅 Hope to see some analysis of its growth in CDG Zip ride hail business as the traditional taxi business is still declining with fewer taxis leased and fewer taxi driving license holders. There is also concern on lower revenue from LTA for bus operations. The potential bright spot is China in 4Q22 when local / travel restrictions ought to ease. And when oil prices ease further. Plus growth in its EV charging infra business plus ride hailing business. Listing of Australia assets is another potential trigger. Buradin      ( Date: 12-Aug-2022 22:55) Posted: Tks for info. Special dividend is always a happy thing for shareholders. My brother in arms Entropy should be happy too. 😊 TikTalk      ( Date: 12-Aug-2022 17:42) Posted: Interim and Special Dividend For the half year ended 30 June 2022, there was a one-off exceptional gain of $30.5 million from the disposal of the Alperton property in London which resulted in net profit attributable to shareholders of $118.7 million. Excluding this exceptional gain, net profit was $88.2 million. As the Company is in a healthy net cash position with stable forecasted cashflows, it is proposed that the full net gain from that disposal be returned to shareholders in the form of a one-off special dividend. As such, the following dividends are proposed: - A tax-exempt one-tier interim dividend of 2.85 cents per ordinary share representing a Dividend Payout Ratio (&ldquo DPR&rdquo ) of 70.0% of the underlying net profit of $88.2 million for the half year just ended and - A tax-exempt one-tier special dividend of 1.41 cents per ordinary share representing a DPR of 100.0% of the net gain on disposal of Alperton property in London of $30.5 million. The proposed DPR for 1H2022 on underlying profits of 70% is consistent with the DPR for 2021 and is in line with our DPR policy which is to declare a DPR of at least 50%. PreCOVID, the interim DPR for 2019 was 67%.
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Buradin Veteran	12-Aug-2022 22:55        Buradin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tks for info. Special dividend is always a happy thing for shareholders. My brother in arms Entropy should be happy too. 😊 TikTalk      ( Date: 12-Aug-2022 17:42) Posted: Interim and Special Dividend For the half year ended 30 June 2022, there was a one-off exceptional gain of $30.5 million from the disposal of the Alperton property in London which resulted in net profit attributable to shareholders of $118.7 million. Excluding this exceptional gain, net profit was $88.2 million. As the Company is in a healthy net cash position with stable forecasted cashflows, it is proposed that the full net gain from that disposal be returned to shareholders in the form of a one-off special dividend. As such, the following dividends are proposed: - A tax-exempt one-tier interim dividend of 2.85 cents per ordinary share representing a Dividend Payout Ratio (&ldquo DPR&rdquo ) of 70.0% of the underlying net profit of $88.2 million for the half year just ended and - A tax-exempt one-tier special dividend of 1.41 cents per ordinary share representing a DPR of 100.0% of the net gain on disposal of Alperton property in London of $30.5 million. The proposed DPR for 1H2022 on underlying profits of 70% is consistent with the DPR for 2021 and is in line with our DPR policy which is to declare a DPR of at least 50%. PreCOVID, the interim DPR for 2019 was 67%.
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TikTalk Supreme	12-Aug-2022 17:42        TikTalk About Contact  Quote this Post! Style: Combined   Mood: Yells: "Anyone miss me?"
x 0   x 0  Alert Admin	Interim and Special Dividend For the half year ended 30 June 2022, there was a one-off exceptional gain of $30.5 million from the disposal of the Alperton property in London which resulted in net profit attributable to shareholders of $118.7 million. Excluding this exceptional gain, net profit was $88.2 million. As the Company is in a healthy net cash position with stable forecasted cashflows, it is proposed that the full net gain from that disposal be returned to shareholders in the form of a one-off special dividend. As such, the following dividends are proposed: - A tax-exempt one-tier interim dividend of 2.85 cents per ordinary share representing a Dividend Payout Ratio (&ldquo DPR&rdquo ) of 70.0% of the underlying net profit of $88.2 million for the half year just ended and - A tax-exempt one-tier special dividend of 1.41 cents per ordinary share representing a DPR of 100.0% of the net gain on disposal of Alperton property in London of $30.5 million. The proposed DPR for 1H2022 on underlying profits of 70% is consistent with the DPR for 2021 and is in line with our DPR policy which is to declare a DPR of at least 50%. PreCOVID, the interim DPR for 2019 was 67%.
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Winnertakeall Elite	11-Aug-2022 11:18        Winnertakeall About Contact  Quote this Post!
x 0   x 0  Alert Admin	CD is expected to release its 1H22 results on 12 Aug 22 after market closes.
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Conman Elite	21-Jul-2022 18:08        Conman About Contact  Quote this Post!
x 0   x 0  Alert Admin	The progress of internet is in the process of killing many traditional businesses which refuses to rejuvenate. The demand for land transport will drop to levels unsustainable for private bus/coach businesses in perhaps 5 years in my estimate. The Ang Mo are smart to sell their small small bus/coach businesses and go into retirement while Zoom Bees buys as if it has picked up gold. Buying is easy, but to find another Zoom Bee to take over will not be possible without suffering big losses when Metaverse becomes the main stay of human life. Conman      ( Date: 20-Jul-2022 17:25) Posted: Unless you seriously dont believe in Metaverse World, please dont hold it for longer than 5 years. ahbui8      ( Date: 20-Jul-2022 15:02) Posted: No recommendation, I just buy to hold for long as this counter 10yrs history low is $1.3
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ahbui8 Master	21-Jul-2022 16:53        ahbui8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Target price below $1??? TikTalk      ( Date: 14-Jul-2022 12:11) Posted: Any good news for Crab(Grab), if not will it drop below usd2? Read one anal-yst talk until how good this company is butter stock price  lau sai from usd13 to 2+.  those bought  kena con lor.This anal-yst  kaki cong kaki song
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