Back when ComfortDelgro’s share price was around $2.04, I wrote a comprehensive analysis about it.

In the article, I went through a few rounds of discounted cash flow to see at current earnings, cash flow scenario, what is the estimated intrinsic value given the growth rate and the discount rate.

I also did  a reverse discounted cash flow on it.

I think not many people delve deep into the figures except for probably a few.

Rusmin from Fifth Person was the rare few that gives me a conservative value, and I was thinking why is it so low. Another Journalist came up with a figure closer to Rusmin (or the other way round)

It needs a friend who dives deeper to be able to tell me that somehow my calculator seems to be wrong.

And it is indeed wrong.

This is what you get when you try to do …