Singapore’s stock market is in the “final ‘despair’ phase”, say DBS analysts Yeo Kee Yan and Janice Chua who think this stage begun on June 10 when the Straits Times Index (STI) was at 2,800 points. “This is typical of the last phase of the bear market characterised by the worsening head...

RHB has maintained its “buy” rating on ComfortDelGro (CDG) with a target price of $1.65.  The stock is currently trading at $1.40, about 5.3% higher than its 52-week low of $1.30 earlier on Aug 3. It also remains well-supported by a historic low price-to-book value of 1.2 times for FY19.&nb...

ComfortDelGro announced on Wednesday (August 5) that all three of its listed companies, ComfortDelGro, SBS Transit and VICOM, have ranked in the top 20 spots in the Singapore Governance and Transparency Index (SGTI) for the first time. ComfortDelGro climbed one spot from the 14th to the 13th spot wi...

SINGAPORE (Jul 16): Transport operator ComfortDelGro is expecting “very weak” results for 1H2020, owing to a sharp drop in ridership during the circuit breaker period.  ComfortDelGro is also offering massive rebates to its fleet of more than 13,000 taxis in Singapore.  On that, DBS Gro...

SINGAPORE (Jul 1): CGS-CIMB analyst Ong Khang Chuen is maintaining “hold” on transport operator ComfortDelGro (CDG), with a reduced target price to $1.46 from $1.50 previously, largely due to the Covid-19 pandemic.  “While we had already expected ComfortDelGro to record a net loss in 2Q20 due...

Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No It is said to...

Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No ComfortDelGro...

SINGAPORE (June 29): Although taxi operator ComfortDelGro last Friday issued a profit guidance announcing that it is expected to report a net loss of 1H20, Maybank Kim Eng remains bullish on the stock and recommends investors to “buy” on dips at a target price of $1.98. “We believe investors s...

Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No The taxi busi...

COMFORTDELGRO on Monday said it will roll out "Singapore's fastest public commercial direct current (DC) charger" for its cabbies and electric vehicle (EV) owners from July 1.