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ComfortDelGro (CDG)
Transport
ComfortDelGro and Zurich Insurance launch exclusive travel insurance product
The policy will be sold through ComfortDelGro’s Zig app.
11 days ago
Broker's Calls
Increased platform fees to offset higher CPF contribution costs, DBS maintains ‘buy’ on ComfortDelGro
The playing field would likely be more even going into 2025, the analysts say.
23 days ago
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.
November 22, 2024
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.
November 14, 2024
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.
November 14, 2024
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.
October 29, 2024
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