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ComfortDelgro
Broker's Calls
Fare cuts aren't too close for Comfort
SINGAPORE (Nov 14): ComfortDelgro’s share price fell more than 12% over the past month, in what Maybank Kim Eng considers an “overreaction” to the announcement of a 4.2% fare cut on Oct 27 from lower energy prices.
November 14, 2016
Results
ComfortDelgro’s 3Q earnings rise 2.5% to $87.3 mil on lower expenditure
SINGAPORE (Nov 11): Transport group 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, bringing earnings per share (EPS) in 3Q to 4.05 cents compared to
November 11, 2016
Broker's Calls
How Singapore investors can stay defensive in a post-Trump world
SINGAPORE (Nov 11): Donald Trump’s notorious US presidential win on Wednesday will surely raise volatility for Singapore’s equities, says DBS Vickers Securities.
November 11, 2016
Broker's Calls
Cuts expected to leave Comfortdelgro unscathed
SINGAPORE (Oct 31): OCBC research is maintaining a “buy” call on ComfortDelgro with a fair value of $3.09 despite news of an impending fare cut.
October 31, 2016
Market Close
STI down 0.2% to 2,870.24
SINGAPORE (Oct 10): Singapore shares ended lower in line with most of its regional peers.
October 10, 2016
Broker's Calls
ComfortDelGro’s fair value driven down by Uber, Grab
SINGAPORE (Oct 4): OCBC Investment Research is keeping its “buy” recommendation on ComfortDelGro but cutting its fair value estimate to $3.10 from $3.21 previously, amid the rapid expansion of private hire car service providers.
October 04, 2016
Market Close
STI closes 0.14% lower at 2,805.52
SINGAPORE (Sept 25): Singapore stocks closed lower on Thursday, falling for the fourth consecutive session amid increased volatility in the global markets this week.
September 15, 2016
Autonomous vehicles not (yet) driving taxis out of business
SINGAPORE (Sept 1): Autonomous self-driving vehicles have hit the streets in Singapore with the world’s first public trial run of driverless taxis in August, but taxi drivers can breathe a sigh of relief that their jobs are safe – at least for now.
September 01, 2016
Best stocks to buy in a season of uncertainty
SINGAPORE (Aug 18): UOB Kay Hian further cut its 2016F market EPS growth estimates to –8.1% from –2.4% after what it calls “another quarter to forget” of disappointing results under the research house’s coverage climbed up to 37% in 2Q from 34%
August 18, 2016
Market Close
STI closes flat at 2,8671.21
SINGAPORE (Aug 15): Singapore shares ended lower in mixed trade as investors wait for fresh trading cues, including Singapore export data due Wednesday.
August 15, 2016