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ComfortDelGro (CDG)
Broker's Calls
ST Eng, SIA named OCBC's top sector picks for resilience and low valuations
SINGAPORE (Nov 30): OCBC Investment Research is maintaining “neutral” on the Singapore industrials sector, indicating a preference for ST Engineering and Singapore Airlines (SIA) due to their earnings resilience and low valuations, respectively.
November 30, 2018
Broker's Calls
ComfortDelGro kept at ‘hold’ by RHB as rising taxi competition stays a risk
SINGAPORE (Nov 12): RHB Research is maintaining ComfortDelGro at "hold" given rising competition from Singapore private hire car (PHC) players could keep its share price in check in the near term.
November 12, 2018
Broker's Calls
Ride-hailing rivalry, goodies unlikely to return to 'good old days'
SINGAPORE (Oct 31): DBS Group Research says the competition and level of subsidies seen during the Grab vs Uber era are unlikely to return.
October 31, 2018
Broker's Calls
Is Go-Jek’s entry a worry for ComfortDelGro?
(Oct 11): CIMB-CGS Securities says potential private hire car entrant Go-Jek should not be a worry for ComfortDelGro, at least in the immediate term.
October 11, 2018
Broker's Calls
Gradual turnaround of taxi operations keeps ComfortDelGro at 'buy'
SINGAPORE (Sept 4): DBS Group Research is maintaining its forecasts and “buy” recommendation for ComfortDelGro.
September 04, 2018
Hot Stock
ComfortDelGro stock rises from the ashes of Uber's demise
SINGAPORE (Aug 8): In a little over seven months, Singapore’s largest taxi company has reversed course from the city-state’s second-worst performing stock to its best, as competition for passengers eased following Uber Technologies Inc.’s exit from
August 08, 2018
Startups, Entrepreneurs, Digital economy
Grab defends position in Uber deal to Singapore's anti-monopoly watchdog
SINGAPORE (July 27): Grab said on Friday it disagreed with the Singaporean anti-monopoly watchdog’s assessment that its takeover of Uber’s operations had harmed competition and called the commission’s suggested measure of removing exclusivity arrang
July 27, 2018
Broker's Calls
Competition within ride-hailing business unlikely to intensify despite proposals, penalties
SINGAPORE (July 6): DBS says that the path and eventual outcome of the Grab-Uber merger remains uncertain.
July 06, 2018
Broker's Calls
Improvement in ComfortDelGro taxi operations seen; DBS upgrades it to 'buy'
SINGAPORE (July 4): ComfortDelGro is expected to post a smaller decline in 2Q profits compared to a year ago, which would mean an improvement in operations, say analysts.
July 04, 2018
Broker's Calls
ComfortDelGro kept at 'accumulate' as worst looks over for taxi trade
SINGAPORE (June 18): Phillip Securities is maintaining its “overweight” on the land transport sector given the positive industry restructuring and the worst being over for the taxi industry.
June 18, 2018