ComfortDelGro    Last:1.29   -

ComfortDelGro fundamentally strong but price weak

I expect a technical rebound in June to 2.90.

P/E 12 Months High	24.05
P/E 12 Months Low	18.85

 

Yesterday PE ratio was 18.85..Today' s around 19...

I forsee an uptrend towards 2.90 in June.

Funds have started to buy in and price will be shot up to 2.90.(There will be ups and downs this month cos the funds also want to acummulate cheap dont panic will go back to 2.90 by end of june)

r1hell      ( Date: 02-Jun-2016 17:14) Posted: I sold off at 2.75...This time is Fortis n  Macquarie

 

I sold off at 2.75...This time is Fortis n  Macquarie 

 

Please short it down.

earlybird14      ( Date: 01-Jun-2016 14:02) Posted: No sunset lah. It is competition. Both are sleeping for too long, competition can create awareness. We have 3 telcom adding 1 more. Smart and comfortdelgo have been monopoly it since 1970+ when population is just 3 mio. Now we have 5-6mio, long ago shall open and have more operators to come in. 2-2.5 is expected. Don't go into wrong company and fall together. investshare      ( Date: 01-Jun-2016 13:34) Posted: Right sunset industry. Still look good now, but you know night will certainly come.

 

and you must know what kind of competitor we are talking about. You think government can protect it???

Uber  announced today it took $3.5 billion from Public Investment Fund (PIF), Saudi Arabia' s  ...

 

investshare      ( Date: 02-Jun-2016 10:39) Posted: you must understand Comfort competitive edge was because it has the largest fleet, so when ppl book taxi, they will naturally called Comfort. So in the past, drivers will want to join Comfort despite higher rental and more stringent T& C. But now customers will use Grab and Uber. So whther you are with Comfort or any other taxi company does not make a difference anymore. So new drivers will go for lowest rental.   earlybird14      ( Date: 01-Jun-2016 14:02) Posted: No sunset lah. It is competition. Both are sleeping for too long, competition can create awareness. We have 3 telcom adding 1 more. Smart and comfortdelgo have been monopoly it since 1970+ when population is just 3 mio. Now we have 5-6mio, long ago shall open and have more operators to come in. 2-2.5 is expected. Don't go into wrong company and fall together

 

you must understand Comfort competitive edge was because it has the largest fleet, so when ppl book taxi, they will naturally called Comfort. So in the past, drivers will want to join Comfort despite higher rental and more stringent T& C. But now customers will use Grab and Uber. So whther you are with Comfort or any other taxi company does not make a difference anymore. So new drivers will go for lowest rental.  

earlybird14      ( Date: 01-Jun-2016 14:02) Posted: No sunset lah. It is competition. Both are sleeping for too long, competition can create awareness. We have 3 telcom adding 1 more. Smart and comfortdelgo have been monopoly it since 1970+ when population is just 3 mio. Now we have 5-6mio, long ago shall open and have more operators to come in. 2-2.5 is expected. Don't go into wrong company and fall together. investshare      ( Date: 01-Jun-2016 13:34) Posted: Right sunset industry. Still look good now, but you know night will certainly come.

 

i think is bargain hunting more than short covering

Lepin888      ( Date: 02-Jun-2016 09:42) Posted: See bounce back today plus some short covering...

 

See bounce back today plus some short covering...

 

taken tampo at 269

Lepin888      ( Date: 01-Jun-2016 16:31) Posted: Fund selling in last 2 days...good entry level...accumulate

 

Fund selling in last 2 days...good entry level...accumulate

 

No sunset lah. It is competition. Both are sleeping for too long, competition can create awareness. We have 3 telcom adding 1 more.

Smart and comfortdelgo have been monopoly it since 1970+ when population is just 3 mio. Now we have 5-6mio, long ago shall open and have more operators to come in.

2-2.5 is expected. Don't go into wrong company and fall together.

investshare      ( Date: 01-Jun-2016 13:34) Posted: Right sunset industry. Still look good now, but you know night will certainly come.  earlybird14      ( Date: 01-Jun-2016 11:41) Posted: It won't close shop within 2-3 years. But price is on the way down. Look at revenue in last Q, it tell what has happened on this company. With pe of 19, 2-2.5 with pe 12-15 are where the share price will go within 2 years. 2 more parties join bus service. Can't rule out gov may open train operation for 3rd party for thomson lines and punish existing 2 sleeping operators. Taxi, bus and train are not longer dominant and monopoly by comfortdelgo and smrt. Avoid a downtrend and glory fading company

 

Right sunset industry. Still look good now, but you know night will certainly come. 

earlybird14      ( Date: 01-Jun-2016 11:41) Posted: It won't close shop within 2-3 years. But price is on the way down. Look at revenue in last Q, it tell what has happened on this company. With pe of 19, 2-2.5 with pe 12-15 are where the share price will go within 2 years. 2 more parties join bus service. Can't rule out gov may open train operation for 3rd party for thomson lines and punish existing 2 sleeping operators. Taxi, bus and train are not longer dominant and monopoly by comfortdelgo and smrt. Avoid a downtrend and glory fading company. sengsk      ( Date: 01-Jun-2016 11:27) Posted: Close shop ?  Do you know their biz on taxi is just 32% of their whole biz. Over here, if you try to bullshit its not easy for you.  They may divert taxi biz towards testing service as well car leasing.

 

It won't close shop within 2-3 years. But price is on the way down. Look at revenue in last Q, it tell what has happened on this company. With pe of 19, 2-2.5 with pe 12-15 are where the share price will go within 2 years.

2 more parties join bus service. Can't rule out gov may open train operation for 3rd party for thomson lines and punish existing 2 sleeping operators.

Taxi, bus and train are not longer dominant and monopoly by comfortdelgo and smrt.

Avoid a downtrend and glory fading company.

sengsk      ( Date: 01-Jun-2016 11:27) Posted: Close shop ?  Do you know their biz on taxi is just 32% of their whole biz. Over here, if you try to bullshit its not easy for you.  They may divert taxi biz towards testing service as well car leasing. investshare      ( Date: 01-Jun-2016 11:17) Posted: fundamental strong? this company may close shop in 2-3 years time due to Uber and Grab.

 

Close shop ? 

Do you know their biz on taxi is just 32% of their whole biz.

Over here, if you try to bullshit its not easy for you. 

They may divert taxi biz towards testing service as well car leasing.

investshare      ( Date: 01-Jun-2016 11:17) Posted: fundamental strong? this company may close shop in 2-3 years time due to Uber and Grab.

 

Downtrend.

First target 2.5, final target 2.

Game change in taxi industry and bus industry. There shall be further change to train Service since there is not further improvement on their service and reliable.

 

fundamental strong? this company may close shop in 2-3 years time due to Uber and Grab.

 

waiting to pick up at 2.70

 

I just bought at 2.71 n sellers are all Ang mo house ( CSFB , ML n UBS) 

 

some big funds selling for cash .....

they will buy back later if px being pressed lower

stockgurus      ( Date: 01-Jun-2016 10:18) Posted: Looking at its balance sheet to income statement to its subsidiary and even its financial ratio such as PE,ROE,ROA,ComfortDelGro looks fundamentally strong.However,it has strong sell pressure in the past 30 days.Anyone knows the reason?(Pls do not tell me what uber and stuff cos ComfortDelGro is not jux a taxi company and is well diversified) And sbs is subsidiary is doing vy well and by 1 sept 2016 will be under the new gvt scheme expecting huge cash inflow this year and onward looking. But why ComfortDelGro has such bad taste in investors that many are dumping it when it's fundamentals are so strong???

 

Looking at its balance sheet to income statement to its subsidiary and even its financial ratio such as PE,ROE,ROA,ComfortDelGro looks fundamentally strong.However,it has strong sell pressure in the past 30 days.Anyone knows the reason?(Pls do not tell me what uber and stuff cos ComfortDelGro is not jux a taxi company and is well diversified)
And sbs is subsidiary is doing vy well and by 1 sept 2016 will be under the new gvt scheme expecting huge cash inflow this year and onward looking.
But why ComfortDelGro has such bad taste in investors that many are dumping it when it's fundamentals are so strong???