ComfortDelGro (CDG)

Broker's Calls

Analysts upbeat on ComfortDelGro following Australia contract wins

The company will likely see a top-line uplift on expanded operations which may be offset by lower margins.

Transport

ComfortDelGro wins three bus franchises worth $1.4 bil in Victoria, Australia

The group will increase its market share by 30% in the state.
How ComfortDelGro continues to drive innovation and return value - THE EDGE SINGAPORE

Transport

How ComfortDelGro continues to drive innovation and return value

The group has made “very good progress” in all its key operating areas during the 1HFY2024, says group CEO Cheng Siak Kian.
ComfortDelGro reports 1HFY2024 earnings of $95.3 mil, 21.4% higher y-o-y - THE EDGE SINGAPORE

Results

ComfortDelGro reports 1HFY2024 earnings of $95.3 mil, 21.4% higher y-o-y

The group has declared an interim dividend of 3.52 cents per share, representing a payout ratio of 80%.

Company in the news

ComfortDelGro signs MOU with Pony.ai to try commercialising robotaxis in China

Pony.ai, located in Silicon Valley, Beijing and Guangzhou, most recently received approval to list in the US.

Singapore-Malaysia ties

How ComfortDelGro can ride on the coat-tails of the SEZ

When operational, the RTS Link will see an additional 60,000 users crossing the Causeway during peak hours.
Web services of SGX and certain payment methods in CDG app affected amid global IT outage (update) - THE EDGE SINGAPORE

Company in the news

Web services of SGX and certain payment methods in CDG app affected amid global IT outage (update)

The first glitches emerged in the US, Bloomberg reported, attributing the disruption to a failure of Microsoft services.

Broker's Calls

Decarbonising the transportation sector in the race against climate change: RHB

The "“Net Zero Transport" report documents the current situation and action plans in Malaysia, Thailand, Singapore, and Indonesia.
UK’s Labour win a 'multi-year tailwind' for CDG, says CGS International - THE EDGE SINGAPORE

Broker's Calls

UK’s Labour win a 'multi-year tailwind' for CDG, says CGS International

Analyst Ong Khang Chuen has kept his “add” call and target price of $1.70 on the counter.
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