Latest Forum Topics / ComfortDelGro Last:1.45 -0.02 | Post Reply |
ComfortDelgro - Repeating pattern
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lukewong82
Master |
20-Feb-2022 22:03
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yes. totally agree... even if war breaks out, any drop in share price will be short lived since USA and Europe already said they will not be fighting :) Cheers
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lukewong82
Master |
20-Feb-2022 20:28
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This thread is created for those who wants serious and genuine discussion on CDG. The other thread is virus infected. Hope to see all of u here. Thanks |
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lukewong82
Master |
20-Feb-2022 17:09
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In late 2020, CDG was trading at around $1.3x. Then as covid cases peaked in Feb 2021 and started dropping, " reopening" theme surfaced at that time and CDG' s  share price rocket to $1.79 REfer to the covid cases chart in 2021. The number of covid cases start dropping from Feb 2021 and the share price of CDG began to rocket from Feb 2021 and hit $1.79 in April 2021. So once our current covid cases hit a peak in March next month and start dropping and govt remove almost all restrictions, then CDG share price will rocket to even greater height, at least $1.79 matching what happened in 2021.
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lukewong82
Master |
20-Feb-2022 16:57
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During end of last year, there were investors who were worried CDG may be removed from STI Index due to lesser market capitalisation due to the low share price THEN (around late Nov/Early Dec 2021). BUT now the case is much different, I do not see any potential of removal from STI index. I will prove why. 1) The previous review of STI index was carried out end of Nov, Early Dec 2021. Below is a screenshot of the report by business time. 2) At that time, CDG was trading at around $1.38 during that time (Nov/Dec 2021).  3) Even when trading at around $1.38, CDG was not removed from the index. Now it is trading at around $1.50 meaning a higher market capitalisation. I dun see reason for it to be removed from the index. |
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lukewong82
Master |
20-Feb-2022 16:39
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