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justicebaogaliao ( Date: 12-Nov-2020 13:26) Posted:
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danger ( Date: 12-Nov-2020 13:48) Posted:
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my hot potatoes still with me since $1.38
Lets pray together.🙏
justicebaogaliao ( Date: 12-Nov-2020 13:26) Posted:
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The last 2 days and today, high volumn of hot potatos cha ged hands between 1.49 and 1.51. I believe many were punting in anticipation of the results to sell for kopi money.
It is going to be interesting tomorrow!🤓
It is going to be interesting tomorrow!🤓
CDG price for not growing is already 2 bucks, if continue to grow will be 3 bucks 😂
Conman ( Date: 12-Nov-2020 11:50) Posted:
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LTA only gives the registered numbers, not how many are hired out. Read my post at 10.29am.
Val1980 ( Date: 12-Nov-2020 13:01) Posted:
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conman for so many months is talking 5000 or 8000 taxis ... cannot wake up !?
And for that matter , that is why CDG is not above $3 now but half price . Everything is priced in and undervalued .
When i mentioned how many i won , conman never dare to admit he is very wrong and off target .
Nobody is saying CDG can go above $3 again now ..
$2 yes maybe next year after Q1 to H2 .... now nope .. Around $1.60 or 1.6x is max
And for that matter , that is why CDG is not above $3 now but half price . Everything is priced in and undervalued .
When i mentioned how many i won , conman never dare to admit he is very wrong and off target .
Nobody is saying CDG can go above $3 again now ..
$2 yes maybe next year after Q1 to H2 .... now nope .. Around $1.60 or 1.6x is max
the number is at aound 10k, that is number given by LTA
Dont deceive people. Read my post at 10.29am today. It is 8,000, down from 18,000 15 years ago.
you see for last 1 year , you posted your useless thesis and long winded stories and 20c short
and for so long i told you CDG numbers are around 10,000 ...
in between how many times can huat already ?
I told you below $1.40 .. at 1.3x just close eyes and whack
you own a $1.50 stock with a subsidairy like SBS worth about $3 and a vocm worth more than $2
you tell me is it logical and worth ? What double counting ? Practically every big companies have this kind of structure .. you name it .. Keppel corp , Capitaland , SPH , CDG ,etc etc.. many more
and for so long i told you CDG numbers are around 10,000 ...
in between how many times can huat already ?
I told you below $1.40 .. at 1.3x just close eyes and whack
you own a $1.50 stock with a subsidairy like SBS worth about $3 and a vocm worth more than $2
you tell me is it logical and worth ? What double counting ? Practically every big companies have this kind of structure .. you name it .. Keppel corp , Capitaland , SPH , CDG ,etc etc.. many more
Every new model of car it charged more and more. Sonata was around $110. Then the latest hybric was $125 (you said $130). Mercedus $175.
My point is now, year 2020, it has gone down to the rate of year 2000 or even before. And I dont think it can raise rental without losing drivers from here.
No need to argue the same old point that taxi is only a small percentage of this zom bee. It is small because it has dropped from 18,000 to 8,000.
Bus? There is a SBS Transit stock, and there is a double counting like SSM in SCI in the past. And it is just a contractor earning tax-payers money from the government for running abig loss-making bus and train service. Is it a business? Can it grow? The answer for both questions is unfortunitely a big :
. .. .. NO!
My point is now, year 2020, it has gone down to the rate of year 2000 or even before. And I dont think it can raise rental without losing drivers from here.
No need to argue the same old point that taxi is only a small percentage of this zom bee. It is small because it has dropped from 18,000 to 8,000.
Bus? There is a SBS Transit stock, and there is a double counting like SSM in SCI in the past. And it is just a contractor earning tax-payers money from the government for running abig loss-making bus and train service. Is it a business? Can it grow? The answer for both questions is unfortunitely a big :
. .. .. NO!
danger ( Date: 12-Nov-2020 11:30) Posted:
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excuse me last time the normal rental was much higher at $130+
Anyway , taxi is just tiny percentage of the whole group
Public transportation forms the 75% bulk of revenues
Anyway , taxi is just tiny percentage of the whole group
Public transportation forms the 75% bulk of revenues
Clearly, its taxi trade is on a down hill. Has it reached the bottom? I dont think so.
The rental of $92 with government's $10 relief was the rental it charged for its old Toyota Crown 20 years ago when it was at its peak with more than 18,000 taxis.
$92 is for the new hybric taxis. Diesel taxis are most probably $10 cheaper.
I believe the current rental will be the long term rental in the post-Covid New Normal enviroment.
The rental of $92 with government's $10 relief was the rental it charged for its old Toyota Crown 20 years ago when it was at its peak with more than 18,000 taxis.
$92 is for the new hybric taxis. Diesel taxis are most probably $10 cheaper.
I believe the current rental will be the long term rental in the post-Covid New Normal enviroment.
as much as conman talk about is 20cents target or CDG toilet paper.. everyone would had made a 50 times profit already
instead of listening to his old uncle coffeshop stories !
instead of listening to his old uncle coffeshop stories !
Not every taxi is hired out. As a norm taxi companies hold at least 15% as spares. Also if drivers prefer not to take replacement cars when their taxis are in the workshop they are not charged rentals.
Val1980 ( Date: 12-Nov-2020 09:38) Posted:
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WITH SUBSIDIARY SBS TRANSIT REPORTED RESULT . THE PRICE IS STABLE AT $2.90..
SO PARENT CDG WILL BE STABLE AND HIGHER SOON
Year-to-date (y-t-d) ended September, SBS Transit reported a 18.4% y-o-y decline in EBITDA to $159.8 million.
Revenue for the same period fell 15.7% y-o-y to $1.07 billion.
Operating profit y-t-d fell 30.5% y-o-y to $51.7 million.
Without the reliefs of $85.2 million, SBS would have logged losses of $33.4 million year-to-date.
Q-o-q, 3QFY2020 EBITDA was up 5.8% while revenue for the quarter rose 14.3%.
SBS says most of its bus services that were suspended during the circuit breaker period from April to June have resumed since Phase One of the re-openings. Its Night Owl and Cross Border Bus services will remain suspended till the end of 2020.
The company adds that there was a gradual increase in daily ridership on the Downtown Line (DTL) and the North East Line (NEL) after the circuit breaker measures ended.
SO PARENT CDG WILL BE STABLE AND HIGHER SOON
Year-to-date (y-t-d) ended September, SBS Transit reported a 18.4% y-o-y decline in EBITDA to $159.8 million.
Revenue for the same period fell 15.7% y-o-y to $1.07 billion.
Operating profit y-t-d fell 30.5% y-o-y to $51.7 million.
Without the reliefs of $85.2 million, SBS would have logged losses of $33.4 million year-to-date.
Q-o-q, 3QFY2020 EBITDA was up 5.8% while revenue for the quarter rose 14.3%.
SBS says most of its bus services that were suspended during the circuit breaker period from April to June have resumed since Phase One of the re-openings. Its Night Owl and Cross Border Bus services will remain suspended till the end of 2020.
The company adds that there was a gradual increase in daily ridership on the Downtown Line (DTL) and the North East Line (NEL) after the circuit breaker measures ended.
Thanks for your sharing of taxi revenue estimates, Val.
Indeed, looks like we will only hear updates in Feb 21 for full year results.
Quarterly updates are better than half yearly updates in this fast paced world to give transparency to shareholders. Of course, more siong for management but that is the price for tapping capital markets.
Indeed, looks like we will only hear updates in Feb 21 for full year results.
Quarterly updates are better than half yearly updates in this fast paced world to give transparency to shareholders. Of course, more siong for management but that is the price for tapping capital markets.
Val1980 ( Date: 12-Nov-2020 09:38) Posted:
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Comfort Taxi Fleet :
July = 9926
August = 10068
Sep = 9873
Rental rate per day: $92(after 25 percent discount)
Earning by month:
July =9926(# of Taxi) X31(days) X 92(rental per day) = $28.31 million
Aug= 10068(# of Taxi) X 31(days) X 92 (rental per day) = $28.71 million
Sep= 9873 (# of Taxi)X 30(days) X 92 (rental per day) = $27.25 million
Total revenue for taxi rental for 3rd Quarter should be: $84.27 million
Profit margin wise i am not sure and i tink comfort is releasing half yearly profit data rather than quarterly result.
July = 9926
August = 10068
Sep = 9873
Rental rate per day: $92(after 25 percent discount)
Earning by month:
July =9926(# of Taxi) X31(days) X 92(rental per day) = $28.31 million
Aug= 10068(# of Taxi) X 31(days) X 92 (rental per day) = $28.71 million
Sep= 9873 (# of Taxi)X 30(days) X 92 (rental per day) = $27.25 million
Total revenue for taxi rental for 3rd Quarter should be: $84.27 million
Profit margin wise i am not sure and i tink comfort is releasing half yearly profit data rather than quarterly result.
HERE IT COMES !!!