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ComfortDelGro (CDG)
Broker's Calls
Brokers’ Digest: AEM, Prime US REIT, Hyphens Pharma, Seatrium, Valuetronics, DFI Retail Group, CDG, Centurion, Sembcorp
Here's what the analysts have to say this week.
7 days ago
Billion Dollar Club 2024
Shaping the future of sustainable mobility
ComfortDelGro’s vision, “mobility for a better future”, goes beyond transporting passengers. It seeks to create sustainable, long-term value for its stakeholders.
14 days ago
Results
ComfortDelGro posts earnings of $57.5 mil for 3QFY2024, up 15.2% y-o-y
The company’s earnings were also up by 5.1% q-o-q from $54.7 million in 2QFY2024.
14 days ago
Broker's Calls
RHB ups CDG’s TP to $1.70 following accretive acquisition of UK taxi business
Based on analyst Shekhar Jaiswal's calculations, the acquisition is accretive to CDG’s FY2025 earnings by 6% to 7% based on the cost of debt to fund the move.
30 days ago
Broker's Calls
Analysts maintain ComfortDelGro target price after news of London taxi acquisition
CDG intends to fund the purchase with external borrowings as it needs to pay off Addison Lee’s existing debt facilities in full upon completion.
October 25, 2024
M&A
ComfortDelGro subsidiary to acquire London black taxi provider for GBP269.1 mil
The addition is expected to grow the group’s taxi and private hire network to more than 34,000 vehicles globally.
October 23, 2024
Broker's Calls
'Brighter skies ahead' for Asean; Singapore equities notable for defensive qualities in volatile environment, says RHB
The bank’s analysts name industrial, office and overseas REITs; ComfortDelGro and Singtel; and City Developments as some defensive plays.
October 21, 2024
Energy
EMA seeks proposals for virtual power plant, announces initiatives to harness energy demand flexibility in S’pore
A virtual power plant is a digital platform that can control, optimise and aggregate a network of assets like solar panels, battery energy storage systems and electric vehicle chargers.
October 21, 2024
Company in the news
CDG’s Moove Media launches trial of Singapore’s first taxi top smart digital billboards
The first 50 taxis equipped with the new smart digital billboards are expected to launch by Oct 14.
October 10, 2024
Company in the news
ComfortDelGro chairman on co-ops, shareholder value and his 40-year history with the group
ComfortDelGro’s Mark Greaves was appointed chairman of the board in April 2023, but his relationship with the group goes back some 40 years.
October 04, 2024