ComfortDelgro

The easing of Singapore’s Phase 2 measures spells good news for ComfortDelGro and CapitaLand Mall Trust.

“Fears of a worst-case scenario seem to have overshot lockdown reality, with less earnings misses and higher earnings per share (EPS) upgrades in 2Q20. Progressive ramp up of regional economic activity in 2H20 has potential to strengthen these trends."

Analysts were mostly positive on the counter following its poor 1H20 earnings.

If not for government subsidies, losses would have hit $66.1 million

With more people making working from home a norm, Sim expects average daily ridership of just 820,000, down from 1.19 million in FY2019.

Some analysts are starting to see limited downside as circuit breaker measures end

Here are three stocks to watch for the week: Dasin Retail Trust, ComfortDelGro and Singapore Medical Group.

Here are three stocks to watch for the week: ComfortDelGro, Mapletree Logistics Trust and Singapore Exchange.

The move is expected to set ComfortDelGro back by an additional $17 million, bringing the total relief package given to its cabbies to $116 million.

As taxi drivers rejoice at news of an extended relief package worth $80 million, investors should brace themselves as the group prepares to report a full-year loss for the very first time since 2003.