Home Capital Broker's Calls

Analysts positive on ComfortDelGro as it cruises towards a recovery

Samantha Chiew
Samantha Chiew2/5/2021 11:40 AM GMT+08  • 3 min read
Analysts positive on ComfortDelGro as it cruises towards a recovery
ComfortDelGro is putting the pedal to the metal towards its recovery.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

ComfortDelGro (CDG) on Feb 4 will be embarking on its beta trial of its new ride-hailing service.

The move, which will serve to supplement its 10,000 strong taxi fleet, will involve a small number of private hire cars (PHCs) as the group gauges reception to the service. Upon completion of the beta trial, which is expected to run into March, CDG will assess the response to the service and gradually open it up to more PHC drivers.

On the back of this, analysts are positive on CDG’s outlook and believe that it is on track towards a recovery

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.