ComfortDelGro    Last:1.28    -0.01

COMFORT DELGRO - REBORN - 2020

Yep, rentals have come down. So $60 may be for an old car.
 

Conman      ( Date: 08-Nov-2020 20:44) Posted: I took a Comfort taxi last week. It was a hybric car the driver took last December. Rental was $125 before Covid. Now he is paying $93. Talk to the drivers. They have the real information. St.Maximus      ( Date: 08-Nov-2020 15:53) Posted: I just saw an advert we can rent taxi from CDG $60 a day. Dun no real or no

 

I took a Comfort taxi last week. It was a hybric car the driver took last December. Rental was $125 before Covid. Now he is paying $93. Talk to the drivers. They have the real information.

St.Maximus      ( Date: 08-Nov-2020 15:53) Posted: I just saw an advert we can rent taxi from CDG $60 a day. Dun no real or not Conman      ( Date: 08-Nov-2020 15:00) Posted: CDG doesnt earn from riders. It earns from taxi drivers.

 

This stock can only trade up n down. To hold long period most likely u hate money.. 😂
Visitor can only contribute that much to the taxi business. It still up to the local customer.
This pandemic thing and policy for it not friendly to taxi.

One good example is last time I went out for a drink on weekend, normally end up taking a cab home. Now just take MRT becos... Well.... Gotta end at 10.30pm...cheaper choices.

 

(Xinhua) -- The first batch of Chinese visitors arrived in Singapore Friday evening after Singapore granted short-term visitors from the Chinese mainland entry starting from Nov. 6.

Chen said that Singapore' s ease of travel restrictions demonstrated the confidence in China' s controlling of the outbreak of COVID-19, and he expected the number of travellers between the Chinese mainland and Singapore would rise consequently.


According to statistics from the Singapore Tourism Board, 3.6 million visitors from the Chinese mainland visited Singapore in 2019, which is the largest number of foreign visitors Singapore had received last year.

 

Some more can get 30% discount on fuel. Like real man!

St.Maximus      ( Date: 08-Nov-2020 15:53) Posted: I just saw an advert we can rent taxi from CDG $60 a day. Dun no real or not Conman      ( Date: 08-Nov-2020 15:00) Posted: CDG doesnt earn from riders. It earns from taxi drivers.

 

Yes. That is also true. Trading CDG can earn us high-class dinner or even SIA first-class dinner.
But I only need $3 dinner. So I just do half-hour Macdonald work and paid $6 an hour can get my meal already. Free some more!

ss2017.      ( Date: 08-Nov-2020 15:54) Posted: Trading CDG not only given you good & nice coffee but very good dinners as well. St.Maximus      ( Date: 08-Nov-2020 15:48) Posted: Some divested long ago.  Many went on to invest in other transport companies. But many others remained on SGX to trade CDG. Possible to make some kopi money here, but cannot earn enuff to buy a car to drive GRAB nor buy a house just trading CDG

 

Trading CDG not only given you good & nice coffee but very good dinners as well.

St.Maximus      ( Date: 08-Nov-2020 15:48) Posted: Some divested long ago.  Many went on to invest in other transport companies. But many others remained on SGX to trade CDG. Possible to make some kopi money here, but cannot earn enuff to buy a car to drive GRAB nor buy a house just trading CDG. zandlery      ( Date: 08-Nov-2020 15:41) Posted: Hehe... I bet those who still invest CDG are mainly consist of ppl with age. Older ppl tend to less sensitive to change of technology. Personally I feel CDG cannot keep up with the trend. And to rant, local taxi pls don't reject customer anymore at certain hours... Not helping the overall taxi business....

 

I just saw an advert we can rent taxi from CDG $60 a day. Dun no real or not

Conman      ( Date: 08-Nov-2020 15:00) Posted: CDG doesnt earn from riders. It earns from taxi drivers. Flyingtask      ( Date: 07-Nov-2020 23:50) Posted: When is the next financial report likely to be out? During circuit breaker, see full of taxi queue at taxi stand for customer. After cb lifted, annoying to see no taxi or surge charge from grab or gojek. Now, customer must wait for taxi

 

Some divested long ago. 
Many went on to invest in other transport companies.
But many others remained on SGX to trade CDG.
Possible to make some kopi money here, but cannot earn enuff to buy a car to drive GRAB nor buy a house just trading CDG.

zandlery      ( Date: 08-Nov-2020 15:41) Posted: Hehe... I bet those who still invest CDG are mainly consist of ppl with age. Older ppl tend to less sensitive to change of technology. Personally I feel CDG cannot keep up with the trend. And to rant, local taxi pls don't reject customer anymore at certain hours... Not helping the overall taxi business....

 

Hehe... I bet those who still invest CDG are mainly consist of ppl with age. Older ppl tend to less sensitive to change of technology.

Personally I feel CDG cannot keep up with the trend.
And to rant, local taxi pls don't reject customer anymore at certain hours... Not helping the overall taxi business....

 

To hope for Didi to come to Singapore to help CDG is a very strange hope. But you have the right to hope.

Entropy72      ( Date: 08-Nov-2020 10:09) Posted: Thanks for sharing ref Softbank holdings in both Didi and Grab. They are missing important opportunity to integrate the 2 platforms and leverage on China / SEA user base. It could also be a case of 2 step siblings who have no love and trust for one another to want integration. They may see each other as eventual competitors. But CDG is no threat and can offer incentives to Didi or Meituan for the integration to get Chinese tourists to use its booking platform in Singapore. Let's see if this happens.

 

Taxis' main killer is not Covid19. It is PHV.

ss2017.      ( Date: 08-Nov-2020 13:14) Posted: Singapore covid-19 cases are well controlled, this counter will respond well when phase 3 opens up fully and A better USA covid-19 control measures under the new administration. The synergistic effect will spew over to other countries. Now 1.42 is a good buy on Monday especially caught some shorts in surprise. Tgt 1.65 short term. Mid term wise a brokerage house projected tgt price 1.90 in its Sept recommendation.    Buy for the rebound.

 

CDG doesnt earn from riders. It earns from taxi drivers.

Flyingtask      ( Date: 07-Nov-2020 23:50) Posted: When is the next financial report likely to be out? During circuit breaker, see full of taxi queue at taxi stand for customer. After cb lifted, annoying to see no taxi or surge charge from grab or gojek. Now, customer must wait for taxi. Conman      ( Date: 07-Nov-2020 23:43) Posted: Because it is basically a contractor earning tax-payers' money paid by the government. It is a business cannot grow but will gostan if it doesnt get the same amount of contracts (bus routes/MRT routes) in the next bidding on expiry of the contract. This is called running on the spot

 

If for range trading, perhaps can buy. But for long term investment of 3 to 5 years at least, no

 

Singapore covid-19 cases are well controlled, this counter will respond well when phase 3 opens up fully and

A better USA covid-19 control measures under the new administration. The synergistic effect will spew over to other countries.

Now 1.42 is a good buy on Monday especially caught some shorts in surprise.

Tgt 1.65 short term. Mid term wise a brokerage house projected tgt price 1.90 in its Sept recommendation. 

 

I think you hit upon the key assumption of those who say that CDG may hit 20 cents, namely, things will not change. U have reminded some of us not to be one sided. I thank you, entropy72 for this. I guess you are an engineer by training. Because your name is about the second law of thermodynamics.

 

Trends do not extrapolate when there is intervention. We need to be cognizant of changing circumstances, and not make simplistic projections. I believe St Maximus understands this.

St.Maximus      ( Date: 08-Nov-2020 11:14) Posted: I sold off at $3.00 some 4 years back, and the price has never returned there. Instead, it has drifted lower in the last 4 years to its present price. Maybe that is why some say one fine day it may indeed drop to 20 cents if this trend continues. Conman      ( Date: 08-Nov-2020 09:31) Posted: You dont have to believe me. I quote my source, ie, Taxi Academy. It is not an upgrade, but a same course with extended few more hours. Many people in Singapore hold taxi licence but many of them have never driven and might never drive a taxi in their lifetime, just like many having class 4 or 5 but have never driven a lorry before. Didi? It wont come or cooperate with CDG. As I said before, Uber is vested in both Didi and Grab. Softbank is the biggest share holder of both Uber and Grab. Didi might be vested in Grab but I am not sure. You can check. Taxi numbers can go up and fown but the overall trend is down. Over the last 15 years CDG had lost 10,000 taxis, from 18,000 to the present 8,000. So the problem is not just the pademic, nor just digitalisation. But these two are convenient reasons to blame for its slow death.

 

I sold off at $3.00 some 4 years back, and the price has never returned there.
Instead, it has drifted lower in the last 4 years to its present price.
Maybe that is why some say one fine day it may indeed drop to 20 cents if this trend continues.

Conman      ( Date: 08-Nov-2020 09:31) Posted: You dont have to believe me. I quote my source, ie, Taxi Academy. It is not an upgrade, but a same course with extended few more hours. Many people in Singapore hold taxi licence but many of them have never driven and might never drive a taxi in their lifetime, just like many having class 4 or 5 but have never driven a lorry before. Didi? It wont come or cooperate with CDG. As I said before, Uber is vested in both Didi and Grab. Softbank is the biggest share holder of both Uber and Grab. Didi might be vested in Grab but I am not sure. You can check. Taxi numbers can go up and fown but the overall trend is down. Over the last 15 years CDG had lost 10,000 taxis, from 18,000 to the present 8,000. So the problem is not just the pademic, nor just digitalisation. But these two are convenient reasons to blame for its slow death. Entropy72      ( Date: 08-Nov-2020 00:33) Posted: Nobody will waste time and money to upgrade PDVL to TDVL for fun. There is a more even playing field between Grab and CDG taxis now, and drivers know it. Data tells a better story than predicting "20 cents" target based on fake assumptions. CDG can collaborate to integrate its booking app with Meituan or Didi. Whenever Chinese tourist come Singapore, they will book CDG taxis via Meituan or Didi. You think Chinese bother to install Grab or Gojek

 

Thanks for sharing ref Softbank holdings in both Didi and Grab.

They are missing important opportunity to integrate the 2 platforms and leverage on China / SEA user base. It could also be a case of 2 step siblings who have no love and trust for one another to want integration. They may see each other as eventual competitors. But CDG is no threat and can offer incentives to Didi or Meituan for the integration to get Chinese tourists to use its booking platform in Singapore. Let's see if this happens.

 

You dont have to believe me. I quote my source, ie, Taxi Academy. It is not an upgrade, but a same course with extended few more hours.

Many people in Singapore hold taxi licence but many of them have never driven and might never drive a taxi in their lifetime, just like many having class 4 or 5 but have never driven a lorry before.

Didi? It wont come or cooperate with CDG. As I said before, Uber is vested in both Didi and Grab. Softbank is the biggest share holder of both Uber and Grab. Didi might be vested in Grab but I am not sure. You can check.

Taxi numbers can go up and fown but the overall trend is down. Over the last 15 years CDG had lost 10,000 taxis, from 18,000 to the present 8,000. So the problem is not just the pademic, nor just digitalisation. But these two are convenient reasons to blame for its slow death.

Entropy72      ( Date: 08-Nov-2020 00:33) Posted: Nobody will waste time and money to upgrade PDVL to TDVL for fun. There is a more even playing field between Grab and CDG taxis now, and drivers know it. Data tells a better story than predicting "20 cents" target based on fake assumptions. CDG can collaborate to integrate its booking app with Meituan or Didi. Whenever Chinese tourist come Singapore, they will book CDG taxis via Meituan or Didi. You think Chinese bother to install Grab or Gojek? Conman      ( Date: 07-Nov-2020 23:37) Posted: The reason for the increase was because The Taxi Academy has a new policy : To encourage PHV licenve applicants to spend a few more hours to extend their course to get a taxi licence. The number of taxi driver licence does not equate taxis on the road. I estimate the ratio of taxi licence holders vs registered taxis now is about130,000 vs 16,000. Many PHV drivers hold taxi licences because they were formerly taxi drivers who have jumped ship to PHV.