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Conman Elite	22-Nov-2020 12:58        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	Is that guy you Starship? Starship      ( Date: 22-Nov-2020 11:52) Posted: Exactly. Read my previous post below regarding AK71 added even more holdings. In his post, he stated clearly that he invested at current prices based on it' s taxi business at Zero!!!! AK71 is the most shrewd investor --- he only Grossly Underpays and never Overpays!! Read his post in this link: http://singaporeanstocksinvestor.blogspot.com/ justicebaogaliao      ( Date: 22-Nov-2020 11:15) Posted: the bottomline is CDG does not need to rely on its Taxi business to remain profitable pre and post covid
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Starship Supreme	22-Nov-2020 11:52        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Exactly. Read my previous post below regarding AK71 added even more holdings. In his post, he stated clearly that he invested at current prices based on it' s taxi business at Zero!!!! AK71 is the most shrewd investor --- he only Grossly Underpays and never Overpays!! Read his post in this link: http://singaporeanstocksinvestor.blogspot.com/ justicebaogaliao      ( Date: 22-Nov-2020 11:15) Posted: the bottomline is CDG does not need to rely on its Taxi business to remain profitable pre and post covid
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WhereI Master	22-Nov-2020 11:37        WhereI About Contact  Quote this Post!
x 0   x 0  Alert Admin	It has bus and mrt which are staple business for cdg. One day we may even have helitaxis or remote piloted vehicles at our disposal. Mini golf buggies and other remote vehicles we see on the pcns. The transport industry looks exciting and CDG must be a large part of it.
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justicebaogaliao Veteran	22-Nov-2020 11:15        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	the bottomline is CDG does not need to rely on its Taxi business to remain profitable pre and post covid
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WhereI Master	22-Nov-2020 11:03        WhereI About Contact  Quote this Post!
x 0   x 0  Alert Admin	Comfort will need more investing capital to compete with the likes of GRAB and others on the taxi market. More investors retail and institutional will expand its investor base and keep comfort afloat. If ever it needs money for expansion, there will be more people willing to put money into it. Comfort is here to stay and provide competition to GRAB and whoever wants to enter the transport market. It has to get used to the new normal of being second best or even third best. Maybe this would spur them to become better and more efficient. Gone are the days when we think of taxi and immediately think of comfort. It will have the reshape it' s business model and compete more intelligently. They will need a global minded ceo and a new team of forward thinking executives with an eye towards new technologies in the transport industry.
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justicebaogaliao Veteran	22-Nov-2020 08:53        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	CCCS removed the pricing restrictions on Grab because they have successfully prevented it from becoming a monopoly, how many other ride hailing companies do we have now to compete with it? ride hailing margins have become so low that Grab will have to look at new sources of income like food delivery and digital banking, but yet again competitors are plenty in those areas as well  Conman      ( Date: 22-Nov-2020 06:11) Posted: For an app to work, it needs to have a critical mass of both drivers and riders to use it. That was why Grab was willing to burn money to reward both parties to use it. Now that it has achieved that critical mass, the rewards have pratically stopped. And a new platform fee was immediately announced when CCCS said it can do whatever it wants 3 days ago. 30 cents looks small but given its high volumn and it is 100% to Grab, it is a big amount. And that is only to test water untill the fare increase after 6 months. The increases will be gradual, like boiling frogs. Riders will have no choice but to pay because most drivers will want to use it because of the high fares. Grab's critical mass will grow vis a vis other apps despite its higher prices. It will turn profitable after crossing a certain level of fares pricing. How much more it wants to would depend on how it charge the drivers and riders. PHV's challenge against taxis is not technology as many thought. It is a challenge of business model, ie, mobilising the potential of every private car at no cost to itself to fight a business which rent out taxis at high prices. Because of its loss of clientele, you dont find riders flagging for taxis at curbsides anymore, and you dont see many taxis plying the streets now. You want taxis? Walk to the nearest taxi stand. Yet there is no guarantee that you will get a taxi immediately. Entropy72      ( Date: 21-Nov-2020 22:44) Posted: Agree with you the more drivers on a platform app, the more customers will use it. The reverse is also true - if more customers use a platform app, the more drivers will move to that platform. It is not a given that customers loyalty will never shift from Grab to GoJek / Ryde / CDG. If Grab can make money (or is it still burning cash to subsidise? Sustainable?) just from platform without car rental, CDG can also decouple its platform app from taxi. Those who want to rent vehicle and take street hail customers can choose to be CDG taxi driver. Those who want to focus on ride hail only can be a CDG platform driver.
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Conman Elite	22-Nov-2020 06:11        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	For an app to work, it needs to have a critical mass of both drivers and riders to use it. That was why Grab was willing to burn money to reward both parties to use it. Now that it has achieved that critical mass, the rewards have pratically stopped. And a new platform fee was immediately announced when CCCS said it can do whatever it wants 3 days ago. 30 cents looks small but given its high volumn and it is 100% to Grab, it is a big amount. And that is only to test water untill the fare increase after 6 months. The increases will be gradual, like boiling frogs. Riders will have no choice but to pay because most drivers will want to use it because of the high fares. Grab's critical mass will grow vis a vis other apps despite its higher prices. It will turn profitable after crossing a certain level of fares pricing. How much more it wants to would depend on how it charge the drivers and riders. PHV's challenge against taxis is not technology as many thought. It is a challenge of business model, ie, mobilising the potential of every private car at no cost to itself to fight a business which rent out taxis at high prices. Because of its loss of clientele, you dont find riders flagging for taxis at curbsides anymore, and you dont see many taxis plying the streets now. You want taxis? Walk to the nearest taxi stand. Yet there is no guarantee that you will get a taxi immediately. Entropy72      ( Date: 21-Nov-2020 22:44) Posted: Agree with you the more drivers on a platform app, the more customers will use it. The reverse is also true - if more customers use a platform app, the more drivers will move to that platform. It is not a given that customers loyalty will never shift from Grab to GoJek / Ryde / CDG. If Grab can make money (or is it still burning cash to subsidise? Sustainable?) just from platform without car rental, CDG can also decouple its platform app from taxi. Those who want to rent vehicle and take street hail customers can choose to be CDG taxi driver. Those who want to focus on ride hail only can be a CDG platform driver. Conman      ( Date: 21-Nov-2020 21:33) Posted: It is the app used only by CDG drivers. It will be marginalised if it continues to be such. The problem is not the technical aspects of it but how many drivers are using it to provide the cars when you need them. Just try it and Grab app and compare how easy and how fast you get your car or taxi and you will understand why Grab app is the preferred app for both drivers and riders
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Entropy72 Master	21-Nov-2020 22:44        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree with you the more drivers on a platform app, the more customers will use it. The reverse is also true - if more customers use a platform app, the more drivers will move to that platform. It is not a given that customers loyalty will never shift from Grab to GoJek / Ryde / CDG. If Grab can make money (or is it still burning cash to subsidise? Sustainable?) just from platform without car rental, CDG can also decouple its platform app from taxi. Those who want to rent vehicle and take street hail customers can choose to be CDG taxi driver. Those who want to focus on ride hail only can be a CDG platform driver. Conman      ( Date: 21-Nov-2020 21:33) Posted: It is the app used only by CDG drivers. It will be marginalised if it continues to be such. The problem is not the technical aspects of it but how many drivers are using it to provide the cars when you need them. Just try it and Grab app and compare how easy and how fast you get your car or taxi and you will understand why Grab app is the preferred app for both drivers and riders. Entropy72      ( Date: 21-Nov-2020 20:45) Posted: I don't take cabs since I own a car. So never really experienced CDG booking app. From the Android user reviews, looks like CDG booking app is gaining positive traction mostly in recent months: https://appgrooves.com/app/comfortdelgro-taxi-booking-app-by-comfortdelgro-corporation-limited/positive But reviews at iOS App Store are plenty and mostly negative. Seems rather buggy. Good thing is there are many people who bother to complain which indicates growing user base. And developer will promptly respond to the complaints. Hope they get their act together for the iOS app soon.
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Conman Elite	21-Nov-2020 21:33        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	It is the app used only by CDG drivers. It will be marginalised if it continues to be such. The problem is not the technical aspects of it but how many drivers are using it to provide the cars when you need them. Just try it and Grab app and compare how easy and how fast you get your car or taxi and you will understand why Grab app is the preferred app for both drivers and riders. Entropy72      ( Date: 21-Nov-2020 20:45) Posted: I don't take cabs since I own a car. So never really experienced CDG booking app. From the Android user reviews, looks like CDG booking app is gaining positive traction mostly in recent months: https://appgrooves.com/app/comfortdelgro-taxi-booking-app-by-comfortdelgro-corporation-limited/positive But reviews at iOS App Store are plenty and mostly negative. Seems rather buggy. Good thing is there are many people who bother to complain which indicates growing user base. And developer will promptly respond to the complaints. Hope they get their act together for the iOS app soon.
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Entropy72 Master	21-Nov-2020 20:45        Entropy72 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I don't take cabs since I own a car. So never really experienced CDG booking app. From the Android user reviews, looks like CDG booking app is gaining positive traction mostly in recent months: https://appgrooves.com/app/comfortdelgro-taxi-booking-app-by-comfortdelgro-corporation-limited/positive But reviews at iOS App Store are plenty and mostly negative. Seems rather buggy. Good thing is there are many people who bother to complain which indicates growing user base. And developer will promptly respond to the complaints. Hope they get their act together for the iOS app soon.
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Conman Elite	21-Nov-2020 16:43        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	The worst thing is to get stuck in a zombie counter. Starship      ( Date: 21-Nov-2020 14:40) Posted: danger      ( Date: 21-Nov-2020 12:12) Posted: Conman stucked in ocbc and keppel at high price..now finally can sell without loss...
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Starship Supreme	21-Nov-2020 14:40        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	danger      ( Date: 21-Nov-2020 12:12) Posted: Conman stucked in ocbc and keppel at high price..now finally can sell without loss...
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danger Supreme	21-Nov-2020 12:12        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Conman stucked in ocbc and keppel at high price..now finally can sell without loss...
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justicebaogaliao Veteran	21-Nov-2020 11:54        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	no, you are still punting as i bet u don' t know what OCBC and Keppel are headed for  Conman      ( Date: 21-Nov-2020 11:11) Posted: Of course punting. As I said, this stock is for punting, whether up or down, sadly. I am aleays vested in OCBC and Keppel. That is called investment. justicebaogaliao      ( Date: 21-Nov-2020 10:50) Posted: hedging is for ppl who are unsure of their shorts, and these shorts are exactly what punting i
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WhereI Master	21-Nov-2020 11:32        WhereI About Contact  Quote this Post!
x 0   x 0  Alert Admin	There is always a speculative element in investing. We cannot run away from speculation whether a stock go up or down. We always speculate or punt or bet a direction. That is a fact of life. So for example, I bet that stock market will rise next week. That is punting applied to all stocks, not merely cdg Conman      ( Date: 21-Nov-2020 11:26) Posted: How can punting and investing be the same? But you are entitled to your view. WhereI      ( Date: 21-Nov-2020 11:16) Posted: I no see difference in investing and punting . They are not mutually exclusive. When we invest we are also punting.   When we punt we also invest at the same time.
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Conman Elite	21-Nov-2020 11:26        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	How can punting and investing be the same? But you are entitled to your view. WhereI      ( Date: 21-Nov-2020 11:16) Posted: I no see difference in investing and punting . They are not mutually exclusive. When we invest we are also punting.   When we punt we also invest at the same time.  Conman      ( Date: 21-Nov-2020 11:11) Posted: Of course punting. As I said, this stock is for punting, whether up or down, sadly. I am aleays vested in OCBC and Keppel. That is called investment
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WhereI Master	21-Nov-2020 11:16        WhereI About Contact  Quote this Post!
x 0   x 0  Alert Admin	I no see difference in investing and punting . They are not mutually exclusive. When we invest we are also punting.   When we punt we also invest at the same time.  Conman      ( Date: 21-Nov-2020 11:11) Posted: Of course punting. As I said, this stock is for punting, whether up or down, sadly. I am aleays vested in OCBC and Keppel. That is called investment. justicebaogaliao      ( Date: 21-Nov-2020 10:50) Posted: hedging is for ppl who are unsure of their shorts, and these shorts are exactly what punting i
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Conman Elite	21-Nov-2020 11:15        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	When all stocks, good or lousy, are surging, it is time to short the lousy stocks. Which one is good which one is lousy, up to you to judge. WhereI      ( Date: 21-Nov-2020 11:05) Posted:   cannot short this one presently. Stocks all surging. Close all short positions.
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Conman Elite	21-Nov-2020 11:11        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	Of course punting. As I said, this stock is for punting, whether up or down, sadly. I am aleays vested in OCBC and Keppel. That is called investment. justicebaogaliao      ( Date: 21-Nov-2020 10:50) Posted: hedging is for ppl who are unsure of their shorts, and these shorts are exactly what punting is Conman      ( Date: 21-Nov-2020 10:13) Posted: Not only for this counter, any short at this time must be hedged with good stocks one intend to keep for long term. Peices are going up and down violently with no reasons. Just look at SPH, Medtec, SingTel, First Resources, Golden Agri ...you will know what I mean
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WhereI Master	21-Nov-2020 11:05        WhereI About Contact  Quote this Post!
x 0   x 0  Alert Admin	cannot short this one presently. Stocks all surging. Close all short positions.
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