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ComfortDelGro (CDG)
Management & Corporate Governance
ComfortDelGro, SBS Transit and Vicom set up board sustainability committees
CGD says the move underscores the group's commitment towards ESG issues and performance.
April 30, 2021
Broker's Calls
Despite strong 2021 forecast, ComfortDelGro still two years away from pre-pandemic earnings: RHB
Recovery likely be visible in late 2H2021 and should translate to over 200% y-o-y profit growth for 2021, says RHB.
April 23, 2021
Deals, joint ventures & alliances
Lazada and ComfortDelGro in partnership to offer taxi bookings on the shopping app
As part of the partnership, there will be a six-month promotion where Lazada shoppers get to enjoy 4% off all CDG taxi bookings.
April 21, 2021
Broker's Calls
Accumulate CDG, Dairy Farm and SingTel at bargains amid recovery potential and trade: DBS
DBS has also rated “buy” on CDG, Dairy Farm and Singtel with target prices of $1.99, US$5.02 and $2.75.
April 06, 2021
Broker's Calls
'Buy' CDG as technical indicators show a new upcycle about to unfold: Maybank KE
Maybank Kim Eng believes a new upcycle is about to unfold to the next resistance at $1.81, then $1.99.
April 05, 2021
Broker's Calls
Broker's Digest: Pan-United Corp, CICT, CDG, Shangri-La Asia, Q&M Dental, SPH
See the analysts' recommendations and target prices here.
April 01, 2021
Sustainability
ComfortDelGro and Engie to jointly bid for tenders in EV charging field
Both companies will also explore and deploy clean energy solutions together.
March 31, 2021
Broker's Calls
DBS positive on CDG, Koufu, Sheng Siong and Dairy Farm on easing of measures
Valuations for grocery retailers are also expected to remain attractive.
March 26, 2021
Broker's Calls
'Buy' ComfortDelGro as ease in restrictions should boost ridership and taxi demand: RHB
RHB is forecasting over 200% y-o-y in profit growth for CGD for FY21.
March 26, 2021
Sustainability
ComfortDelGro commits $50 mil to clean energy technology over the next 5 years
$40 mil wil go towards replacing its fleet of diesel buses with electric buses.
March 17, 2021