Welcome!
Grab
Broker's Calls
ComfortDelGro to rise above the land transport sector’s negative noise
SINGAPORE (April 19): Deutsche Bank is keeping its “buy” recommendation on land transport group ComfortDelGro (CDG) at a target price of $2.90, although it notes near-term pressures abound in Singapore’s taxi industry as well as projects 5-7% lower
April 19, 2017
Broker's Calls
Competition for drivers to intensify as ComforDelGro gives dynamic pricing the cold shoulder
SINGAPORE (March 30): UOB Kay Hian is keeping its “hold” rating on land transport group ComfortDelGro (CDG) at a target price of $2.47, due to the lack of strong catalysts as the local taxi industry continues to undergo structural shifts with the rece
March 30, 2017
Broker's Calls
ComfortDelGro a ‘buy’ after dynamic pricing of taxi fares gets the nod
SINGAPORE (March 27): OCBC is reiterating its “buy” on ComfortDelGro with a fair value of $2.95 after regulators give the go-ahead for dynamic pricing of taxi fares.
March 27, 2017
Singaporeans become Uber drivers to get around high car prices
SINGAPORE (March 17): In one of the most expensive countries in the world to own a car, Peter Chiu is finding a novel way to pay for one.
March 17, 2017
Here’s a simple way ComfortDelGro could save $2 mil a year
SINGAPORE (March 8): A commercial decision to change all taxis to yellow could save lives and potentially reduce economic losses by millions of dollars, according to a study led by researchers from the National University of Singapore (NUS).
March 08, 2017
Singapore rattles sharing economy with rule change
SINGAPORE (Feb 23): Singapore, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models and growth ambitions in Asia.
February 24, 2017
Broker's Calls
Can ComfortDelGro grab the bull by its horns?
SINGAPORE (Feb 13): The road ahead is paved with challenges for land transport operator ComfortDelGro.
February 13, 2017
Startups, Entrepreneurs, Digital economy
Grab launches coach service
SINGAPORE (Feb 7): Ride hailing app, Grab, has launched GrabCoach to serve group travellers and corporate customers.
February 07, 2017
Grab investing US$700 mil in Indonesia to help grow digital economy
SINGAPORE (Feb 2): Ride hailing platform, Grab, is investing US$700 million ($987.5 million) over next five years to grow the country’s digital economy.
February 02, 2017
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%.
January 16, 2017