ComfortDelgro

The worst is over for transport operators - THE EDGE SINGAPORE

2020 in review

The worst is over for transport operators

The year has been particularly unkind to the land transport sector. Within Singapore, the two-month-long “circuit breaker” caused ridership volumes to collapse.

'Buy' ComfortDelGro on strong domestic recovery: RHB - THE EDGE SINGAPORE

Broker's Calls

'Buy' ComfortDelGro on strong domestic recovery: RHB

Despite a gradual lifting of government support for the public transport and taxi sector, transport operator ComfortDelGro is showing strong domestic earnings recovery, says RHB analyst S

RHB maintains ‘buy’ on ComfortDelGro as taxi competition drops  - THE EDGE SINGAPORE

Broker's Calls

RHB maintains 'buy' on ComfortDelGro as taxi competition drops

RHB Group Research’s Shekar Jasiwal has maintained his buy call on ComfortDelGro (CDG) with a raised target price to $1.90 from his previous figure of $1.70. 

'Buy' SBS Transit for road to recovery, favoured over ComfortDelGro: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

'Buy' SBS Transit for road to recovery, favoured over ComfortDelGro: CGS-CIMB

SBS Transit is on the road to recovery with further easing of social distancing measures expected soon, says CGS-CIMB analysts Ong Khang Chuen and Darren Ong.

ComfortDelGro recovering from bumpy 2020, ‘slowly but surely’: analysts - THE EDGE SINGAPORE

Broker's Calls

ComfortDelGro recovering from bumpy 2020, ‘slowly but surely’: analysts

Taxi operator ComfortDelGro may have had a bumpy 2020, but the company is getting out, “slowly but surely”, say analysts.

ComfortDelGro reports PATMI of $21.7 million, down 69% y-o-y - THE EDGE SINGAPORE

Results

ComfortDelGro reports PATMI of $21.7 million, down 69% y-o-y

ComfortDelGro has reported profit after tax and minority interest of $21.7 million, down 69% y-o-y, as the Covid-19 pandemic continues to hurt travel volume across the various markets it operates. 

Singapore market 'awakening', look beyond 3Q2020: DBS - THE EDGE SINGAPORE

Broker's Calls

Singapore market 'awakening', look beyond 3Q2020: DBS

The Singapore market is awakening and the worst of the earnings cuts has passed, say DBS Group Research analysts Yeo Kee Yan and Janice Chua in an Oct 13 report. 

Relief for ComfortDelGro once Phase 3 begins: RHB - THE EDGE SINGAPORE

Broker's Calls

Relief for ComfortDelGro once Phase 3 begins: RHB

The taxi business here will see gradual improvement once Phase 3 of Singapore’s re-opening begins, says RHB analyst Shekhar Jaiswal in an Oct 7 note.

Easing of Phase 2 measures spells good news for CapitaLand Mall Trust and ComfortDelGro, says CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Easing of Phase 2 measures spells good news for CapitaLand Mall Trust and ComfortDelGro, says CGS-CIMB

The lower case count of Covid-19 infections in Singapore has pushed the authorities to ease its Phase 2 measures which took effect on June 19. 

Broker's Calls

Worst seems to be over for Singapore market: Maybank

Could the worst be behind the Singapore market?

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