I bought 5,000 shares of ComfortDelGro (CDG) today using the proceeds from the sale of FCOT in SRS. CDG share price plunged to its lowest in the past year and breached the support of 2.13 after they announced their lustre FY2019 results on 14 Feb 2020. After my order at 2.09 was filled, it continue to dip to 2.06. While revenue increased by $100m, net profit decreased $40.6m or 11.3%. This is not a surprise considering the overheads from its acquisitions and disruption of its taxi business due to emerging technologies favouring private hire vehicles. The main surprise is the cut in dividends from 6.15 cents to 5.29 cents. Factoring in the interim dividend of 4.5 cents, the total dividend for FY2019 is 9.79 cents. At 2.09, this is a 4.68% yield which is not too bad but it is probable that current dividend is not sustainable if the cashflow continues to drop below...