Welcome!
FY2020 losses
Broker's Calls
Analysts slash earnings forecasts for ComfortDelGro as Covid-19 slams brakes on taxi business
DBS has cut its FY2020F and FY2021F earnings by 19% and 11% respectively, while CGS-CIMB has slashed its FY2020-2022F earnings per share (EPS) forecasts by 13.4%-38.6%.
March 31, 2020
Covid-19
Extended rental relief measures worth $80 mil to push ComfortDelGro Taxi into the red in FY20
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.
March 30, 2020