This is a guest post from Investingnote. It's regarding Comfort delgro and it's mainly about touch and go FA and other industry news. I had already bought it some days ago and my views can be summarised in two pictures:
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Comfortdelgro weekly: bullish weekly divergence |
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Comfortdelgo daily: break out of down trend line and retracing back to trendline |
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Can
ComfortDelGro(C52) regain its customers of taxi service?
Brief Background of ComfortDelGro:
ComfortDelGro Corporation Limited is a Singapore-based investment holding and management services company. It operates in eight segments:
1) Bus & bus station
2) Rail
3) Taxi
4) car rental and leasing
5) automotive engineering services
6) inspection and testing service
7) driving centre and
8) insurance broking services and outdoor advertising.
Summary of ComfortDelGro’s recent financial performance:
The group maintains a steady growth of net profit despite a slight revenue decline caused by unfavourable currency translation this year. With ......