The pa hong chia is back. The difference is the acceptance now ....
Got a strong feeling tmr result won't be good ....saw grab expand their biz very aggressively recently.
good company to buy and hold. uptrend coming
On the other hand, automotive engineering services business fell 9.9% to $82.8 million, mainly attributable to lower prices of diesel sold to taxi drivers, while the group?s car and rental and leasing business contracted 6.1% to $9.3 million from the previous year.
Got a strong feeling tmr result won't be good ....saw grab expand their biz very aggressively recently.
One mth ago how I wish I can pick this counter around $2.50...now $2.45 I also dare not take any ....see how it goes after US election bah...used to be a quite good counter de
Grab n uber killed this counter.
From high of $3.27 last year
Grab n uber killed this counter.
Any ideas when the taxi fare is going to go down...since train/bus fares will be going down. Oil prices are half from its peak.
Who takes up this matter? is it the PTC.
Cheers.
Heavy selling..... are the funds dumping this counter?
Just remember one important issue, SMRT delisted, this is the only transport company listed in SGX, the one and only one.
It is to be expected. Heavily shorted last two sessions. Bound to have some uptick soon.Oversold i think.
keep the negative news, negative sentiment and fears. that' s exactly what the big brothers want all of us to feel so they can do bargain hunting. walao yesterday 2.45 never buy, sibeh wasted. already up to 2.55 now. it' s as if like buying luxury-branded clothes on a rare christmas clearance sales. remember, luxury-branded clothes will always remain a luxury brand.
It is to be expected. Heavily shorted last two sessions. Bound to have some uptick soon.Oversold i think.
keep the negative news, negative sentiment and fears. that' s exactly what the big brothers want all of us to feel so they can do bargain hunting. walao yesterday 2.45 never buy, sibeh wasted. already up to 2.55 now. it' s as if like buying luxury-branded clothes on a rare christmas clearance sales. remember, luxury-branded clothes will always remain a luxury brand.
keep the negative news, negative sentiment and fears. that' s exactly what the big brothers want all of us to feel so they can do bargain hunting. walao yesterday 2.45 never buy, sibeh wasted. already up to 2.55 now. it' s as if like buying luxury-branded clothes on a rare christmas clearance sales. remember, luxury-branded clothes will always remain a luxury brand.
Looks like it wasnt a sell off but a buy up. Business Times has this to say..
ComfortDelGro | Buy
Target price: S$3.17
Oct 31 price: S$2.54
DBS Group Research, Oct 31
THE Public Transport Council (PTC) announced last week that public transport fares will be reduced by 4.2 per cent from Dec 30. This could have led to weakness on ComfortDelGro' s (CD) share price, given its exposure in the Singapore public transport space. The estimated impact on revenue from the announced fare reduction on the public transport operators will be about S$79 million a year. The split of the impact on Bus (LTA), SBS Transit (Rail) and SMRT Rail will be about S$35.6 million, S$8.9 million and S$34.6 million, respectively.
The fare reduction was higher than envisaged, but impact to CD is minimal. With the transition of the bus operations into the Government Bus Contracting Model (GCM) since Sept 1, 2016, the fare revenue risk for buses has been transferred to LTA. Hence, the impact on CD is only limited to its rail operations. The impact is relatively muted on CD as rail accounts for only about 6 per cent and less than one per cent of its revenue and operating profits.
Looks like heavy sell off pre market.
blackrock sub. shareholder unload quite a lot of shares. hence drop in price. results + us election affecting the price. If uncomfortable, better to wait after US election.
Looks like heavy sell off pre market.
blackrock sub. shareholder unload quite a lot of shares. hence drop in price. results + us election affecting the price. If uncomfortable, better to wait after US election.
blackrock sub. shareholder unload quite a lot of shares. hence drop in price. results + us election affecting the price. If uncomfortable, better to wait after US election.
