ComfortDelgro

The worst is over for transport operators - THE EDGE SINGAPORE

2020 in review

The worst is over for transport operators

Whole-day ridership on trains and buses fell by 75% during the circuit breaker, but operators are now on the road to recovery.
'Buy' ComfortDelGro on strong domestic recovery: RHB - THE EDGE SINGAPORE

Broker's Calls

'Buy' ComfortDelGro on strong domestic recovery: RHB

The recent exit of HDT Singapore Taxi and a potential merger between Grab and Gojek should help ComfortDelGro's taxi business.
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 raises its target price to $1.90 for CDG after news of the Grab-Gojek merger and pullout of HDT Singapore.
'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

CGS-CIMB continues to prefer SBS Transit over parent company ComfortDelGro.
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

During the quarter, ComfortDelGro enjoyed $44.2 million in government relief
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.
Relief for ComfortDelGro once Phase 3 begins: RHB - THE EDGE SINGAPORE

Broker's Calls

Relief for ComfortDelGro once Phase 3 begins: RHB

The average daily number of trips for 1-shift taxis is now at approximately 75% of the historical average.
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 easing of Singapore’s Phase 2 measures spells good news for ComfortDelGro and CapitaLand Mall Trust.

Broker's Calls

Worst seems to be over for Singapore market: Maybank

“Fears of a worst-case scenario seem to have overshot lockdown reality, with less earnings misses and higher earnings per share (EPS) upgrades in 2Q20. Progressive ramp up of regional economic activity in 2H20 has potential to strengthen these trends."
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