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Conman talk down talk nonsense how many times.. i win how many times with eyes closed
The fact is the sub went to comfort. That ensure it turn to profit. This is for covid and event that is not due to the viability of the business. The main driver of their revenue is not taxi. It is public transport. Its solution to is decreasing fleet size is going into new markets like aus which is actually a driver of his increase of revenue across the years. So dont know what you are talking abt decrease fleet size and no solution to the problem. The solution is to emphasis on other area in profitable markets and to avoid the need to rely on taxi revenue.
Conman ( Date: 12-Nov-2020 20:22) Posted:
| And if it is making a profit of $21.7m, that is a lot of money. Why is the government giving subsidy? How much of this 21.7m was in fact our tax money paid from the government? |
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And if it is making a profit of $21.7m, that is a lot of money. Why is the government giving subsidy? How much of this 21.7m was in fact our tax money paid from the government?
Obviously you dont know the topic. Of course you dont know what I was yalking because you totally have no clue.
GoldNugget ( Date: 12-Nov-2020 20:04) Posted:
Dont know what talking you. Are you trying to be a conman
Conman ( Date: 12-Nov-2020 19:55) Posted:
Even if subsidy continues, PHV remain the biggest threat to this company. Dont forget, its taxi fleet shrinks from 18,000 to the present 8,000 not because of Covid but because of Uber/Grab' competition.
It is easy to just day that bus and train is 75% and overeas is 50% and sweep the real problem under the carpet because it has no answer to that problem |
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Should be lah
justicebaogaliao ( Date: 12-Nov-2020 19:18) Posted:
the thing is subsidy will not stop if things don' t normalize 😂
Entropy72 ( Date: 12-Nov-2020 19:05) Posted:
https://links.sgx.com/FileOpen/CDG%20-%203Q2020%20Business%20Update.ashx?App=Announcement& FileID=638905
Singapore makes up 55% of revenue, followed by Australia and UK/Ireland (each 20%).
Public transport (bus and rail) is by far the largest revenue segment (75%) followed by taxi (13%).
EBIDTA cashflow generation is strong ($112m in 3Q20). Outlook will definitely get better from here and 2Q20 was the bottom.
Near term headwinds will be when govt stops subsidy in Aug 21. We can only hope that things have largely normalised by then.
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Dont know what talking you. Are you trying to be a conman
Conman ( Date: 12-Nov-2020 19:55) Posted:
Even if subsidy continues, PHV remain the biggest threat to this company. Dont forget, its taxi fleet shrinks from 18,000 to the present 8,000 not because of Covid but because of Uber/Grab' competition.
It is easy to just day that bus and train is 75% and overeas is 50% and sweep the real problem under the carpet because it has no answer to that problem.
justicebaogaliao ( Date: 12-Nov-2020 19:18) Posted:
| the thing is subsidy will not stop if things don' t normalize 😂 |
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Even if subsidy continues, PHV remain the biggest threat to this company. Dont forget, its taxi fleet shrinks from 18,000 to the present 8,000 not because of Covid but because of Uber/Grab' competition.
It is easy to just day that bus and train is 75% and overeas is 50% and sweep the real problem under the carpet because it has no answer to that problem.
justicebaogaliao ( Date: 12-Nov-2020 19:18) Posted:
the thing is subsidy will not stop if things don' t normalize 😂
Entropy72 ( Date: 12-Nov-2020 19:05) Posted:
https://links.sgx.com/FileOpen/CDG%20-%203Q2020%20Business%20Update.ashx?App=Announcement& FileID=638905
Singapore makes up 55% of revenue, followed by Australia and UK/Ireland (each 20%).
Public transport (bus and rail) is by far the largest revenue segment (75%) followed by taxi (13%).
EBIDTA cashflow generation is strong ($112m in 3Q20). Outlook will definitely get better from here and 2Q20 was the bottom.
Near term headwinds will be when govt stops subsidy in Aug 21. We can only hope that things have largely normalised by then.
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That so-called headwind is a laughing stock. It only reflects management inefficiency.
Smaller taxi companies only have fleets as small as a few hundreds to 1800 to maybe 3000 and they are surviving. Some PHV renting companies only have a few cars all the time and they are still around.
I think the real headwind is the continunious loss of drivers because of its high rental facing competition from PHV companies and other taxi companies.
Entropy72 ( Date: 12-Nov-2020 19:05) Posted:
https://links.sgx.com/FileOpen/CDG%20-%203Q2020%20Business%20Update.ashx?App=Announcement& FileID=638905
Singapore makes up 55% of revenue, followed by Australia and UK/Ireland (each 20%).
Public transport (bus and rail) is by far the largest revenue segment (75%) followed by taxi (13%).
EBIDTA cashflow generation is strong ($112m in 3Q20). Outlook will definitely get better from here and 2Q20 was the bottom.
Near term headwinds will be when govt stops subsidy in Aug 21. We can only hope that things have largely normalised by then.
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the thing is subsidy will not stop if things don' t normalize 😂
Entropy72 ( Date: 12-Nov-2020 19:05) Posted:
https://links.sgx.com/FileOpen/CDG%20-%203Q2020%20Business%20Update.ashx?App=Announcement& FileID=638905
Singapore makes up 55% of revenue, followed by Australia and UK/Ireland (each 20%).
Public transport (bus and rail) is by far the largest revenue segment (75%) followed by taxi (13%).
EBIDTA cashflow generation is strong ($112m in 3Q20). Outlook will definitely get better from here and 2Q20 was the bottom.
Near term headwinds will be when govt stops subsidy in Aug 21. We can only hope that things have largely normalised by then.
|
|
https://links.sgx.com/FileOpen/CDG%20-%203Q2020%20Business%20Update.ashx?App=Announcement& FileID=638905
Singapore makes up 55% of revenue, followed by Australia and UK/Ireland (each 20%).
Public transport (bus and rail) is by far the largest revenue segment (75%) followed by taxi (13%).
EBIDTA cashflow generation is strong ($112m in 3Q20). Outlook will definitely get better from here and 2Q20 was the bottom.
Near term headwinds will be when govt stops subsidy in Aug 21. We can only hope that things have largely normalised by then.
not difficult to guesstimate that it will turn green in Q3
guess if it will become greener nxt year?
central ( Date: 12-Nov-2020 18:09) Posted:
ComfortDelgro' s third-quarter fiscal 2020 net profit fell 69% to 21.7 million , but compared with the net loss in the second quarter, it turned into a profit.
central ( Date: 12-Nov-2020 18:04) Posted:
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Even with the big government relief? LTA has been paying $2200 per unhired taxi per month and this has been extended to Mar 2021.
$2200/month is $73 per day. This is as good as a full-hired out. The smaller companies are now only charging their drivers about $70 a day.
Too many VPs paid sky-high salaries?
central ( Date: 12-Nov-2020 18:09) Posted:
ComfortDelgro' s third-quarter fiscal 2020 net profit fell 69% to 21.7 million , but compared with the net loss in the second quarter, it turned into a profit.
central ( Date: 12-Nov-2020 18:04) Posted:
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ComfortDelgro' s third-quarter fiscal 2020 net profit fell 69% to 21.7 million , but compared with the net loss in the second quarter, it turned into a profit.central ( Date: 12-Nov-2020 18:04) Posted:
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Q3 results out ?
SURE! When Geylang reopens we will drink until we drop, followed by something more interesting --- All on me!
BTW banks shares can keep. Zom Bees cannot. I believe many are playing contra or for very short-term.
a79991 ( Date: 12-Nov-2020 17:43) Posted:
Your ocbc was doing very well also....when sell buy me beer don' t everytime make me pay for the beer!!!
Conman ( Date: 12-Nov-2020 17:19) Posted:
| You believe everything he said? Anyone can boost his ego in a forum by talking big or even lying. Very easy and free of charge. |
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Your ocbc was doing very well also....
when sell buy me beer don' t everytime make me pay for the beer!!!
Conman ( Date: 12-Nov-2020 17:19) Posted:
You believe everything he said? Anyone can boost his ego in a forum by talking big or even lying. Very easy and free of charge.
a79991 ( Date: 12-Nov-2020 16:53) Posted:
| Wah!! Bro, you made a few round from this counter already...but I' ll still buy conman beer becos I don' t want him to drink his own urine ( as he mentioned before) |
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You believe everything he said? Anyone can boost his ego in a forum by talking big or even lying. Very easy and free of charge.
a79991 ( Date: 12-Nov-2020 16:53) Posted:
Wah!! Bro, you made a few round from this counter already...but I' ll still buy conman beer becos I don' t want him to drink his own urine ( as he mentioned before).
danger ( Date: 12-Nov-2020 16:49) Posted:
Singapore may have a Covid-19 vaccine by early 2021, commits close to $300m to make and buy vaccine
The first shipments of the vaccine co-developed by Singapore researchers are expected in the first quarter.
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SBS Train ridership trending up!
| Average Daily Ridership |
| Month |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
| January |
549,444 |
649,460 |
686,426 |
875,831 |
934,363 |
1,142,026 |
1,250,833 |
1,195,131 |
| February |
544,014 |
627,959 |
691,918 |
859,465 |
948,224 |
1,141,750 |
1,186,795 |
1,016,292 |
| March |
547,512 |
637,010 |
688,147 |
880,966 |
955,433 |
1,144,294 |
1,217,877 |
923,319 |
| April |
549,639 |
637,727 |
689,305 |
879,413 |
937,046 |
1,149,121 |
1,213,490 |
288,664 |
| May |
547,732 |
641,864 |
696,010 |
886,145 |
925,537 |
1,146,071 |
1,201,397 |
195,515 |
| June |
543,730 |
654,114 |
695,964 |
882,270 |
919,224 |
1,140,105 |
1,167,470 |
421,444 |
| July |
572,146 |
678,218 |
738,130 |
924,305 |
970,856 |
1,222,488 |
1,273,328 |
628,983 |
| August |
575,359 |
687,131 |
736,760 |
931,257 |
974,022 |
1,212,155 |
1,238,783 |
685,186 |
| September |
570,903 |
684,510 |
713,374 |
931,944 |
949,122 |
1,210,267 |
1,236,770 |
735,858 |
| October |
573,595 |
676,531 |
724,470 |
924,299 |
1,010,020 |
1,221,798 |
1,241,812 |
776,078 |
| November |
568,782 |
668,592 |
708,426 |
903,336 |
1,102,296 |
1,182,284 |
1,213,402 |
|
| December |
633,175 |
692,202 |
771,239 |
908,271 |
1,079,944 |
1,152,919 |
1,170,724 |
Wah!! Bro, you made a few round from this counter already...but I' ll still buy conman beer becos I don' t want him to drink his own urine ( as he mentioned before).
danger ( Date: 12-Nov-2020 16:49) Posted:
Singapore may have a Covid-19 vaccine by early 2021, commits close to $300m to make and buy vaccine
The first shipments of the vaccine co-developed by Singapore researchers are expected in the first quarter.
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Singapore may have a Covid-19 vaccine by early 2021, commits close to $300m to make and buy vaccine
The first shipments of the vaccine co-developed by Singapore researchers are expected in the first quarter.
