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NDP 2021 with cdg drivers parading in taxis before a fireworks display!
Starship ( Date: 23-Nov-2020 13:18) Posted:
tongphlp ( Date: 23-Nov-2020 11:14) Posted:
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tongphlp ( Date: 23-Nov-2020 11:14) Posted:
Bring in the FIREWORKS!
iinvestor ( Date: 23-Nov-2020 11:13) Posted:
Hold on to your stocks tight.........what will happen this week?.........
Pfizer COVID-19 vaccine could get UK approval this week: Telegraph
https://www.reuters.com/article/uk-health-coronavirus-vaccines-pfizer-br/pfizer-covid-19-vaccine-could-get-uk-approval-this-week-telegraph-idUSKBN2820R0 |
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Bring in the FIREWORKS!
iinvestor ( Date: 23-Nov-2020 11:13) Posted:
Hold on to your stocks tight.........what will happen this week?.........
Pfizer COVID-19 vaccine could get UK approval this week: Telegraph
https://www.reuters.com/article/uk-health-coronavirus-vaccines-pfizer-br/pfizer-covid-19-vaccine-could-get-uk-approval-this-week-telegraph-idUSKBN2820R0 |
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Hold on to your stocks tight.........what will happen this week?.........
Pfizer COVID-19 vaccine could get UK approval this week: Telegraph
https://www.reuters.com/article/uk-health-coronavirus-vaccines-pfizer-br/pfizer-covid-19-vaccine-could-get-uk-approval-this-week-telegraph-idUSKBN2820R0
Your analysis is not proper in the first place, how to use counter properly?
better to just counter it with the share price speaking for itself
Conman ( Date: 23-Nov-2020 09:16) Posted:
Please keep your cool bro.
Counter my points with proper analysis.
Shouting with hatred will not help.
justicebaogaliao ( Date: 22-Nov-2020 23:22) Posted:
| your arguments are misleading and inaccurate.. u assumed Grab has become a monopoly?, which it has not, and by increasing platform fees / fares, the riders have to suck thumb? can' t they just open gojek and take the cheaper rid |
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Got speed limit and bus schedules to follow....can' t speed...:)
Up 1c, down 5c is not SBS on the way up. It' s GG
Looks like another day for shortists to up lorry
SBS - Slow But Steady on the way up... Up 1c, down 5c...:-)
Dow Jones inflated to new highs, as if Covid did not happen at all.
Meanwhile our STI still got plenty of upside room to move, the SBB and SBS will come back for sure, once they are done with the major markets.
Starship ( Date: 23-Nov-2020 10:37) Posted:
Wow, now LIVE! on CNBC' s Street Signs Asia ----- interview via phone, Hartmut Issel of UBS Global Wealth Management says " Singapore is one of our Most Preferred Markets" !!!!!
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From Zero to Hero
Starship ( Date: 23-Nov-2020 10:37) Posted:
Wow, now LIVE! on CNBC' s Street Signs Asia ----- interview via phone, Hartmut Issel of UBS Global Wealth Management says " Singapore is one of our Most Preferred Markets" !!!!!
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Angmo funds pouring in........!
Wow, now LIVE! on CNBC' s Street Signs Asia ----- interview via phone, Hartmut Issel of UBS Global Wealth Management says " Singapore is one of our Most Preferred Markets" !!!!!
Please keep your cool bro.
Counter my points with proper analysis.
Shouting with hatred will not help.
justicebaogaliao ( Date: 22-Nov-2020 23:22) Posted:
your arguments are misleading and inaccurate.. u assumed Grab has become a monopoly?, which it has not, and by increasing platform fees / fares, the riders have to suck thumb? can' t they just open gojek and take the cheaper ride
Conman ( Date: 22-Nov-2020 20:36) Posted:
Gar Cars will not lose money forever. It is in fact Uber's modus operandi to burn money to gain market shares and there after get listed. The stock market will compensate $1000 for every dollar burnt.
With the 30 cents platform fee, I expect Grab Cars to break even. I dont think its base fares will increase but its platform fee will. That will be less painful to the riders and need not be shared with the drivers. A $1.00 platform fee will be big huat to Grab. Riders and drivers will suck thumb.
Whether Grab is facing other PHV companies' competition is not important to us or CDG. What is important is : PHV's business model (of using private cars not owned by themselves to earn money from the riders) is a big threat to CDG's taxi renting model of business (earning from the drivers).
PHV companies will benefit from Phase 3 opening and opening of borders because they earn from the riders. CDG dont earn anything unless more Merdeka or Pioneer Generation uncles rent taxis from them.
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Let the share price do the talking. Once phase 3 starts, CG will stage a strong rebound towrads $2.
Look at the crowd all over Singapore now. It is like pre-covid. The only difference is that people are wearing masks.
Many coffee shops and hawker centres have more than 5 persons gathering drinking/eating after 10pm. Life is back to normal to these folks.
your arguments are misleading and inaccurate.. u assumed Grab has become a monopoly?, which it has not, and by increasing platform fees / fares, the riders have to suck thumb? can' t they just open gojek and take the cheaper ride
Conman ( Date: 22-Nov-2020 20:36) Posted:
Gar Cars will not lose money forever. It is in fact Uber's modus operandi to burn money to gain market shares and there after get listed. The stock market will compensate $1000 for every dollar burnt.
With the 30 cents platform fee, I expect Grab Cars to break even. I dont think its base fares will increase but its platform fee will. That will be less painful to the riders and need not be shared with the drivers. A $1.00 platform fee will be big huat to Grab. Riders and drivers will suck thumb.
Whether Grab is facing other PHV companies' competition is not important to us or CDG. What is important is : PHV's business model (of using private cars not owned by themselves to earn money from the riders) is a big threat to CDG's taxi renting model of business (earning from the drivers).
PHV companies will benefit from Phase 3 opening and opening of borders because they earn from the riders. CDG dont earn anything unless more Merdeka or Pioneer Generation uncles rent taxis from them.
justicebaogaliao ( Date: 22-Nov-2020 08:53) Posted:
CCCS removed the pricing restrictions on Grab because they have successfully prevented it from becoming a monopoly, how many other ride hailing companies do we have now to compete with it?
ride hailing margins have become so low that Grab will have to look at new sources of income like food delivery and digital banking, but yet again competitors are plenty in those areas as well |
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If I am AK71, I would finally believe there is such thing as God.
And I' d be living a high life in Europe with the few hundred thousand dollars of dividends AK receives every year.
I' m a dividend investor and I read and agree with what AK posts.
But my holdings are peanuts compared with his multi-million dollars holdings.
Those who wants toverify for themselves whether AK is fake or real or a bullshit just neeh to read through his posts over the last decade and it' ll be clear as day.
Conman ( Date: 22-Nov-2020 12:58) Posted:
Is that guy you Starship?
Starship ( Date: 22-Nov-2020 11:52) Posted:
Exactly.
Read my previous post below regarding AK71 added even more holdings.
In his post, he stated clearly that he invested at current prices based on it' s taxi business at Zero!!!!
AK71 is the most shrewd investor --- he only Grossly Underpays and never Overpays!!
Read his post in this link:
http://singaporeanstocksinvestor.blogspot.com/ |
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Power up
Gar Cars will not lose money forever. It is in fact Uber's modus operandi to burn money to gain market shares and there after get listed. The stock market will compensate $1000 for every dollar burnt.
With the 30 cents platform fee, I expect Grab Cars to break even. I dont think its base fares will increase but its platform fee will. That will be less painful to the riders and need not be shared with the drivers. A $1.00 platform fee will be big huat to Grab. Riders and drivers will suck thumb.
Whether Grab is facing other PHV companies' competition is not important to us or CDG. What is important is : PHV's business model (of using private cars not owned by themselves to earn money from the riders) is a big threat to CDG's taxi renting model of business (earning from the drivers).
PHV companies will benefit from Phase 3 opening and opening of borders because they earn from the riders. CDG dont earn anything unless more Merdeka or Pioneer Generation uncles rent taxis from them.
justicebaogaliao ( Date: 22-Nov-2020 08:53) Posted:
CCCS removed the pricing restrictions on Grab because they have successfully prevented it from becoming a monopoly, how many other ride hailing companies do we have now to compete with it?
ride hailing margins have become so low that Grab will have to look at new sources of income like food delivery and digital banking, but yet again competitors are plenty in those areas as well
Conman ( Date: 22-Nov-2020 06:11) Posted:
For an app to work, it needs to have a critical mass of both drivers and riders to use it. That was why Grab was willing to burn money to reward both parties to use it. Now that it has achieved that critical mass, the rewards have pratically stopped. And a new platform fee was immediately announced when CCCS said it can do whatever it wants 3 days ago. 30 cents looks small but given its high volumn and it is 100% to Grab, it is a big amount. And that is only to test water untill the fare increase after 6 months. The increases will be gradual, like boiling frogs. Riders will have no choice but to pay because most drivers will want to use it because of the high fares. Grab's critical mass will grow vis a vis other apps despite its higher prices. It will turn profitable after crossing a certain level of fares pricing. How much more it wants to would depend on how it charge the drivers and riders.
PHV's challenge against taxis is not technology as many thought. It is a challenge of business model, ie, mobilising the potential of every private car at no cost to itself to fight a business which rent out taxis at high prices.
Because of its loss of clientele, you dont find riders flagging for taxis at curbsides anymore, and you dont see many taxis plying the streets now. You want taxis? Walk to the nearest taxi stand. Yet there is no guarantee that you will get a taxi immediately |
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Yes, CDG taxi business was significantly cannibalised by ride hail platform operators the past 5 years - no one denies that. Is CDG wising up to the competition and fighting back? Yes, it is. Is it a confirmed losing game for CDG? I think not. There are many ways to change the business model and leverage on CDG assets / marketing to bring the battle to platform operators. Dangerous to extrapolate past Grab ride hail success to future performance - this is not how business works. Dynamics change when management seizes technological or social or regulatory opportunities.
All being said, do not presume that CDG is a single trick pony whose development is dictated by taxi sector alone. That is a very narrow view. CDG is a global public transport company, not a Singapore taxi company. Bottomline is look at its revenue growth over the years - collapsing because of taxi? Far from it. No need to predict doomsday for CDG.
