SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year. Heng announced a new $8 billion support package for seniors in his...

SINGAPORE (Feb 15): RHB Research has upgraded ComfortDelGro to “buy” with $2.65 target price given the stock could re-rate further on expected strong profit contribution from new acquisitions, continuing organic growth in public transport business and lack of material rise in competition so far...

Submitted By:  Arianna Danganan Case Study:  No Weak US retail sales may dampen local sentiment. The Straits Times Index (STI) ended 8.39 or 0.26% higher at 3,253.1...

Submitted By:  Luz Wendy Noble Case Study:  No Losses from its taxi business were offset by earnings from its public transport services business. Land transport fir...

FOLLOWING ComfortDelGro's announcement of higher earnings for 2018, RHB Research Institute has upgraded ComfortDelGro from "neutral" to "buy", while CGS-CIMB and DBS are maintaining their "add" and "buy" calls on the stock, respectively. 

TRANSPORT giant ComfortDelGro Corp posted a modest 0.6 per cent rise in net earnings to S$303.3 million for the year ended Dec 31, 2018 as weaker taxi and automotive engineering performances offset a strong public transport segment.

SINGAPORE (Feb 13): ComfortDelGro, one of the world’s largest land transport companies, today announced that its FY18 earnings have increased by 0.6% to $303.3 million, compared to $301.5 million in FY17. However, adjusting for the one-off special dividend from A2B Australia Limited in 2017 and t...

Submitted By:  Luz Wendy Noble Case Study:  No The lowering of incentives at Go-Jek narrows the earnings divide between private hire and taxis. The prevailing marke...

SINGAPORE (Feb 8): ComfortDelGro, the world’s second largest listed passenger land transport company, is announcing its 4Q18 results ended Dec on Feb 13. UOB KayHian expects the transport operator to see a 5% y-o-y fall in FY18 revenue of $3.8 billion and a 4% y-o-y rise in core PATMI of $300 mi...

Submitted By:  Arianna Danganan Case Study:  No The agency is eyeing to ban driver exclusivity arrangements to spur domestic competition. The Land Transport Authori...

DBS analyst Andy Sim is keeping his "buy" call and S$2.56 target price on taxi company ComfortDelGro after Singapore's Land Transport Authority announced a proposal to license ride-hailing app services.

SINGAPORE (Jan 23): RHB Research has an “overweight” rating on banks for the sector’s strong growth and high yields; the consumer and industrial space as defensive sector picks; as well as REITs that are beneficiaries of improving economic activity, and/or with strong balance sheets. This com...

Kenneth Cheng14 min 25 sec agoSINGAPORE — ComfortDelGro’s group chief executive officer Yang Ban Seng will become S

THE Singapore transport scene is abuzz with taxi and private-hire car operators investing more in Electric Vehicles (EVs), while carmakers respond to the growing interest.

SINGAPORE (Dec 21): DBS has a “neutral” rating on Singapore’s transport sector in 2019, with hopes that a better-than-expected economic growth and activity globally would help improve demand volume and pricing for the transport sector. This in turn should help improve ROEs, which have been un...

SINGAPORE (Dec 18): KGI Securities has highlighted nine stocks in the MSCI Singapore Index that are currently undervalued, even as they each offer a FY18 dividend yield of more than 3.5%. According to KGI, the nine stocks – ComfortDelGro Corporation, United Overseas Bank (UOB), Keppel Corporation...

Submitted By:  Luz Wendy Noble Case Study:  No Don't expect gains today. The Straits Times Index (STI) ended 37.16 or 1.21% higher at 3,114.25. The top active s...

SINGAPORE (Dec 10): In a recent report, KGI Securities highlighted some dividend-yielding stocks in a one-page report titled “High Dividend Watchlist”. According to the broker, these stocks offer higher growth compared with real estate investment trusts (REITs), but are more volatile. The amou...

Submitted By:  Luz Wendy Noble Case Study:  No The tone might be cautious today with investors assessing the US-China trade talks. The Straits Times Index (STI) end...

SINGAPORE (Dec 5): RHB Research is maintaining “neutral” on ComfortDelGro (CDG) with an unchanged target price of $2.35, which indicates 11% upside plus 5% FY19F yield. This comes as the research house is anticipating ride-hailing entrant Go-Jek to initiate a price competition against its count...

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. Both stocks have been rated “buy” with fair v...

(Nov 28): Indonesia’s Go-Jek plans to roll out a preliminary version of its ride-hailing app in Singapore Thursday, bringing fresh competition to the hometown of arch-rival Grab, according to people familiar with the plan. Go-Jek’s beta app will be available to a limited number of consumers bef...

Submitted By:  Luz Wendy Noble Case Study:  No Dairy Farm's returns soared to 19.2% YTD. The top five best performing Straits Times Index (STI) stocks saw avera...

Submitted By:  Staff Reporter Case Study:  No Expect muted gains today. The Straits Times Index (STI) ended 29.07 or 0.95% higher at 3,083.60. The top active stocks...

Submitted By:  Luz Wendy Noble Case Study:  No Wall Street's gains could uplift the local bourse today. The Straits Times Index (STI) ended 11.34 or 0.37% highe...

Submitted By:  Arianna Danganan Case Study:  No Its $138m corporate venture fund and 4.3% fare hike effective December may boost revenue. ComfortDelGro’s earn...

Asyraf Kamil22 min 13 sec agoSINGAPORE — Charge an electric vehicle (EV) in just 30 minutes?

SINGAPORE: Electric vehicle (EV) users will soon have access to a charging station that could provide a full battery charge in about 30 minutes, ComfortDelGro said in a news release on Tuesday (Nov 13).  The direct current (DC) fast charging station will be operated by ComfortDelGro Engineeri...

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. In 9M ended Sept, ComfortDelGro reported profit of $220 million, making up 67% of RHB’s estimate...

Submitted By:  Luz Wendy Noble Case Study:  No Net income from investments dipped due to lower dividend received from Cabcharge Australia. ComfortdelGro (CDG) saw i...