|Bid||2.15 x 0|
|Ask||2.16 x 0|
|Day's range||2.1300 - 2.1800|
|52-week range||1.8900 - 2.5100|
|Beta (3Y monthly)||0.36|
|PE ratio (TTM)||16.67|
|Earnings date||11 Feb 2019 - 15 Feb 2019|
|Forward dividend & yield||0.10 (4.93%)|
|1y target est||2.56|
Revenue for the quarter grew 8.5% on-year to $967.9 million from $891.7 million, driven by increased contributions from new acquisitions. Operating costs rose 9.5% to $854.5 million due to higher staff costs incurred from the support of SBS Transit’s Seletar Bus package, as well as higher mileages operating and new services & staff costs from newly-acquired subsidiaries, among others. Despite the lower bottomline on a y-o-y basis, CDG’s managing director and group CEO Yang Ben Sang says the group’s Singapore and overseas public transport business continues to do well with higher mileages operated in the recent quarter.
* Thai energy stocks hit by oil price fall * Philippines edges lower on profit-taking * Singapore recovers to lead gains in region By Rashmi Ashok Oct 24 (Reuters) - Thai shares fell nearly 1 percent on ...
The outlook is turning positive for ComfortDelGro Corporation (CDG) as pressures from private-hire car services have eased significantly following the merger between Uber and Grab in March 2018. On the ground, private-hire drivers complained of lower earnings mainly as a result of reduced incentives and many, who were formerly taxi drivers, have returned to their previous trade.
Defensive stocks pertain to those companies whose operations are not subjected by cyclicality. Here are three defensive stock picks are value plays with undemanding valuation.
In a little over seven months, Singapore’s largest taxi company ComfortDelGro has reversed course from the city-state’s second-worst performing stock to its best.
Time flies. In the blink of an eye, half of year 2018 has already gone past us as we march into the third quarter of the year. It seems like yesterday when the Dow Jones Industrial Average lifted regional markets by continuing to chart historical new highs underpinned by strong corporate earnings as a result of the tax cut, but now we are engulfed by worries of a large-scale trade war between the two largest economies of the world. It is sometimes amusing to see how market sentiments can swing from one extreme to another so abruptly without any apparent prior warnings.
I am writing today to help inform people who are new to the stock market and want a simplistic look at the return on ComfortDelGro Corporation Limited (SGX:C52) stock. WithRead More...
When ComfortDelGro Corporation Limited (SGX:C52) released its most recent earnings update (31 March 2018), I compared it against two factor: its historical earnings track record, and the performance of itsRead More...