|Bid||2.20 x 0|
|Ask||2.21 x 0|
|Day's range||2.18 - 2.22|
|52-week range||1.89 - 2.51|
|Beta (3Y Monthly)||0.40|
|PE ratio (TTM)||17.00|
|Earnings date||9 Nov 2018|
|Forward dividend & yield||0.10 (4.71%)|
|1y target est||2.65|
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.
ComfortDelGro Corporation Limited (SGX:C52), Singapore Exchange Limited (SGX:S68) and Yangzijiang Shipbuilding Holdings Ltd (SGX:BS6) have two characteristics that might excite dividend investors.
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...
The proposed $642m acquisition of LCR might be renegotiated. As Grab assumes control over Uber’s Southeast Asian operations, ComfortDelGro is left in limbo amidst its proposed tie-up with the defeated ride-sharing giant. On December, CD announced it was cooperating with Uber for a proposed acquisition of 51% of the Lion City Rental for $642m.
The Competition Commission of Singapore listed 10 issues that require further in-depth assessment. The Competition Commission of Singapore (CCS) pushed the review of the proposed joint venture (JV) between ComfortDelGro (CDG) and Uber Technologies into the second stage of review. According to DBS Equity Research, the CCS was unable to determine whether the JV would not raise competition concerns.