Dear readers, in my post of 8 Dec 2017, I touched on ComfortDelgro stock, a billion-cap stock which has recently went very low in price. I highlighted in my post that the traditional transport model like for ComfortDelgro has been disrupted by ride sharing and hailing apps in the likes of Uber and Grab. Shortly after my post, it was reported yesterday that ComfortDelgro has invested in Uber to the effect that commuters are able to book ComfortDelgro taxis via Uber apps and ComfortDelgro taxi drivers could turn to the Uber model to increase their revenues.

To many, the move by ComfortDelgro seems to be a move to plug the gap between the traditional and the new way of booking a private car ride. To me, this move reminded me of a saying that if one cannot beat his competitor, then the other way is to join the competitor.

The …