Shares & Derivatives
What Happened To Comfortdelgro? – The Taxi In Distress
By SG Young Investment  •  September 25, 2017
Comfortdelgro has been on the hot seat for the past few weeks with share price dropping to a low of $1.98 now. Grab and Uber seems to have an upper edge in this taxi business competition. It is crucial to review Comfortdelgro's business at this junction to see what it is really worth. Separately, it didn't manage to get the new Thomson East Coast line which could have boost its operating profit by about $12-$18 Million a year. Let's take a look at its different business segment and break it up to see what it is really worth. Public Transport Services Business This is essentially its core bus and rail business segment with revenue at $1147.8 million and operating profit at $86.2 million for 1H 2017. If we annualised the revenue, assuming this segment continues to grow at the same rate, we should see revenue at $2294.......
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By SG Young Investment
I'm in my late 20s now and living in a small island city called Singapore. I started this blog in June 2013. My background is in Engineering. Later on, I went on to pursue a degree and graduated with a Bachelor of Economics ...
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