ComfortDelgro

Results

ComfortDelGro full year earnings 5% higher at $317 mil

SINGAPORE (Feb 10): ComfortDelGro saw earnings rise 5.0% to $317.1 million in FY16, from $301.9 million a year ago.

Daiwa's strategy for 2017

Daiwa sees STI ending at 3,040

SINGAPORE (Jan 20): Daiwa Capital Markets is sticking to its year-end target of 3,040 for the benchmark Straits Times Index with limited upside.

Broker's Calls

ComfortDelGro on the road to a stable 2017

SINGAPORE (Jan 16): CIMB Securities continues to rate land transport company ComfortDelGro at “add” with an unchanged target price of $2.91, while forecasting a FY16-18 yield of 3.9-4.7% based on an incremental payout ratio of 66-70%.   

Broker's Calls

Why analysts think ComfortDelGro investors can rest easy

SINGAPORE (Jan 6): UBS and RHB are reiterating their “buy” calls on ComfortDelGro with target prices of $3.43 and $3.24 respectively in anticipation of higher earnings growth over the next few years.

RHB strategy for 2017

Why consumer staples will remain at the forefront of attention in 2017

SINGAPORE (Jan 4): In the opinion of RHB analyst Juliana Cai, consumer discretionary spending in Singapore is likely to continue being weighed down by persistent concerns over job security and stagnant wages – bringing consumer staples to the forefront

RHB strategy for 2017

Cherry-pick stocks within preferred sectors: RHB

SINGAPORE (Jan 3): RHB is betting on top picks in Consumer Staples, Healthcare, Land Transport, Offshore & Marine and REITs sectors to hold up well against a weak macroeconomic environment.

RHB strategy for 2017

Singapore’s land transport sector is revving up for a smooth ride

SINGAPORE (Jan 3): RHB has given Singapore’s land transport sector an “overweight” rating amid regulatory tailwinds and improved growth prospects.

ComfortDelgro takes 100% control of Cabcharge

SINGAPORE (Dec 21): ComfortDelgro has entered into an agreement with Cabcharge Australia to acquire the remaining 49% stake in ComfortDelGro Cabcharge (CDC) for A$186 million ($196 million).

This SGX-listed company is among the best companies to work for in Asia

SINGAPORE (Dec 5): Twenty out of 160 companies in Singapore have made it to HR Asia’s list of Best Companies to Work for in Asia 2016, says Business Media International (BMI) in a Monday release.

Investing strategies

Singapore stocks defensive in nature, geared to weather economic storm: UBS

SINGAPORE (Nov 22): UBS is upgrading Singapore equities to “neutral” in its Asia ex-Japan asset allocation, citing Singapore’s resilience due to its defensive nature.
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