Analysts are seeing taxi and public transport operator ComfortDelGro (CDG) as a beneficiary to Singapore’s reopening, as mobility gradually trends towards normalisation. With more room to move, the reopening is expected to drive sequential growth for CDG.This is already underway as CDG recently re...

RHB Group Research analyst Shekhar Jaiswal reiterates a barbell portfolio strategy recommendation with a mix of growth and defensive Singapore equities for 2QFY2022 amid the country’s reopening of international borders and the domestic economy.Although the reopening as well as the government’s a...

THE following companies saw new developments that may affect trading of their securities on Tuesday (May 17):

ComfortDelGro (CDG) reported PATMI of $76.7 million for the 1QFY2022 ended March, 30.4% higher than PATMI of $58.8 million in the same period the year before.During the period, revenue increased by 3.9% y-o-y to $895.9 million due to higher revenues across the group’s business segments, except its...

TRANSPORT heavyweight ComfortDelGro Corp reported a 3.9 per cent uptick in revenue to S$895.9 million for the first quarter ended Mar 31, 2022, compared with S$862.1 million in the corresponding period last year.

With the increasing adoption of cryptocurrencies and non-fungible tokens (NFTs) in Singapore, more companies are coming up with their own iterations of the technology. One such company is ride-hailing company Ryde, which is pioneering the “ride to earn” model leveraging the NFT technology.Ryde f...

DBS Group Research analysts Yeo Kee Yan, Janice Chua and Woon Bing Yong are recommending investors switch from stock leaders to laggards on the recovery theme.This is as shares in counters benefitting from the reopening theme have re-rated since the easing of measures that include lowering the DORSC...

THE shareholders of ComfortDelGro have rejected its auditors after a majority did not vote for their re-appointment during the transport operator's annual general meeting (AGM) on Friday (Apr 29), an outcome that disappointed the company's board.

In a bourse filing, CDG’s board and management expressed their disappointment at the outcome but said that they will respect the decision of their shareholders.“The company would like to record its appreciation to Deloitte for its service through the years. Deloitte has always discharged its res...

YANGZIJIANG FINANCIAL HOLDING (YZJFH) made its trading debut on the Singapore Exchange (SGX) mainboard on Thursday (Apr 28) afternoon, opening with a share price of S$0.69.