Comfort Delgro (C52) - my lost treasure

Round 1: Bought $1.57
Round 2: Bought $1.46

Sold all at $1.84 in year 2013

Gain: $0.325  :)

But its price rocketed in the years after. -.-
Silly me has sold all.


Round 3: Bought $2.02

Selling at _________ ??


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Update 29/9/18:

Current price at $2.43

What has changed - the Taxi landscape


Uber has been bought over by Grab and as a result, Comfort Delgro has one less competitor. Grab is also offering less of a promo for rides these days and spent much marketing effort promoting other revenue streams through its GrabPay.

In the latest unconsolidated financial report, C52's revenues see gain of SGD 941.1 million against SGD 893.1 million a year ago, attributable mainly to the improvement in the underlying businesses and contributions from new acquisitions with SGD 46.2 million. Cash from operating activities has increased. Profit after tax has reduced.

Although oil price is back on the rise, I don't know how big an impact it will have on C52's earning until the announcement next year.

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The contents of this blog are author's personal opinions and do not constitute advice to hold, buy or sell any securities, commodities or assets. This blog may contain affiliate links to external sites.