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Flag down this stock for a 20% upside

Jude Chan
Jude Chan11/24/2016 12:21 PM GMT+08  • 2 min read
Flag down this stock for a 20% upside
SINGAPORE (Nov 24): ComfortDelGro is stuck in a jam. Despite posting resilient results in 3Q, the transport operator has seen its share price fall by some 23% from its 52-week high of $3.12.
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SINGAPORE (Nov 24): ComfortDelGro is stuck in a jam. Despite posting resilient results in 3Q, the transport operator has seen its share price fall by some 23% from its 52-week high of $3.12.

ComfortDelgro posted $87.3 million in earnings for 3Q16, 2.5% higher from $85.2 million in the same quarter a year ago on the back of lower expenditure.

Earnings per share (EPS) in the quarter ended Sept increased to 4.05 cents, compared to 3.97 cents in 3Q15.

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