Shares & Derivatives
ComfortDelGro Corporation Limited
By Value Invest Asia  •  August 22, 2015
COMPANY SUMMARY 

Following the 2003 merger of two land transport companies (Comfort Group and DelGro Corporation), one of the world’s largest land transport companies – ComfortDelGro Corporation Limited (C52.SI) was formed (No prizes for guessing how they came up with the new name). With over 46,303 vehicles over 7 countries, CDG stood as one of the largest land transport companies in the world. Just within the CDG umbrella, there were not one but two listed subsidiaries – VICOM Limited (V01.SI) and SBS Transit Ltd (S61.SI) with shareholdings of 67.07% and 75.11% respectively.

TICKER SYMBOL: C52.SI
MARKET CAP: SGD 6.11 Billion (Updated 21 August 2015)
MARKET PRICE / SHARE: SGD 2.88 (Updated 21 August 2015)
INDUSTRY: Transportation

THE BUSINESS

Broadly speaking, what a transportation company does is simple. Sending people from Point A to Point B.

CDG Annual Report 2014

And here’s a ...

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By Value Invest Asia
Value Invest Asia started as a simple idea. While we are still studying for the Chartered Financial Analyst Program, three of us met at a CFA event. We were just starting out in our career but we found out even then, that not many people in the financial world are true believers of value investing ...
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