Shares & Derivatives
Comfort Delgro shares drop 53% to 10 year low – Will I buy this stock?
By Financial Horse  •  February 11, 2023
Okay for some reason I have been getting a flood of questions on Comfort Delgro. I’m not the biggest fan of this stock, but what loyal FH readers want – loyal FH readers get. Comfort Delgro stock is down 53% since it’s pre-COVID highs. The last time the stock price was this low – was in 2013, a whopping 10 years ago. At this price, it trades at a 5.3% dividend, which frankly is not too shabby. So… will I buy Comfort Delgro stock? What is Comfort Delgro? I don’t think Comfort Delgro needs any introduction for Singaporeans. What might surprise you though, is that Comfort Delgro is not just a taxi company. In fact these days, their biggest revenue generator is public transport:...
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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