03-06-2013, 09:37 AM (This post was last modified: 03-06-2013, 09:39 AM by evolance.)
The posting of an analysis report in Boustead thread spurn off a series of healthy inputs and info. I am sure many VB benefited from learning different aspects of the company.
For me, I am trying to learn and sharpen my valuation techniques both qualitatively and quantitatively.
As such, hope the same thing happen here....
Attached is one of the slightly more comprehensive analysis on CD by Kim Eng dtd 31 May 13.
Note that they had used simple PE valuations rather than DCF etc for their quantitative valuation for reason mentioned on pg 7. And I think the the effects/impacts of AUS/SGD devaluation(which is going to be singificant) are also being 'brushed' off for the same reasons too...
From my learning perspective, how do u determine margin calls are over/time to buy? or now is time to buy? Ar Gar-ism or some data from some website??
Reason being this was intended as one of my speculative stocks, but after researching more, I am starting to like it more...
seriously, I still dont think it is really cheap to buy comfortdelgro at current price. nevertheless, how often do you get to buy a decent stock at a really cheap price.
that is why I recommend die-hard supporters to start accumulation (not strong buy).
now, market already priced in exit of a substantial shareholder and a minor market correction.
03-06-2013, 05:42 PM (This post was last modified: 03-06-2013, 05:43 PM by evolance.)
(03-06-2013, 03:09 PM)kayhian Wrote:
(03-06-2013, 02:11 PM)evolance Wrote: Kayhian,
[Bold]From[/Bold] my learning perspective, how do u determine margin calls are over/time to buy? or now is time to buy? Ar Gar-ism or some data from some website??
Thks Kayhian..
Jus wana correct my previous post, shd be
"For my learning perspective"
rather than
"From my learning perspective" (sounds rude)
I have sold my remaining few lots of CDG today at $1.84. It says that the fare review report will be delay by another few months to gather more quantitative feedback. I find it rather strange that just a few days after Transport Minister Lui announced that the report will released by end June (which was itself delay by two times already IIRC), it now says the delay will be a few months. What has changed in that few days that need a much longer time? And how many months are a few months? They didn’t even want to commit a date now. This is quite unlike our govt ways of doing thing.
CDG is a good company, but I think the price now is not good. I keep it in my watchlist and may buy back at lower price in “a few months”.
Haha!
I too, was waiting for the fare review to divest my loss-making SMRT shares.
I was not surprised that the review has been delayed, considering the high frequency of train slowdown/delays in the last 2-3 weeks.
(07-06-2013, 10:09 AM)Ben Wrote: I have sold my remaining few lots of CDG today at $1.84. It says that the fare review report will be delay by another few months to gather more quantitative feedback. I find it rather strange that just a few days after Transport Minister Lui announced that the report will released by end June (which was itself delay by two times already IIRC), it now says the delay will be a few months. What has changed in that few days that need a much longer time? And how many months are a few months? They didn’t even want to commit a date now. This is quite unlike our govt ways of doing thing.
Waiting to announce in Jul/Aug when there is mid-year bonus to cushion the impact??
Or this mth COE and housing price to high, dun wana affect the qtr's inflation too much?
=D
Anyway, I tot in the event of a fare increase, will benefit SMRT much more than Comfort
Should be minimum impact... the extra charge was too much for me, so I never used it
No Visa cards for ComfortDelGro cabs from Monday
SINGAPORE — From Monday, commuters will no longer be able to use their Visa cards to pay for rides in ComfortDelGro taxis. In an email to its cabbies, the taxi operator said it was informed by Visa that it can no longer charge an administrative fee.
Those who use credit and debit cards now pay 10 per cent extra, excluding goods and services tax. This, however, is a breach of contract terms, said Visa, which issued an ultimatum to Singapore’s largest taxi operator to stop the surcharge, saying it would pull out otherwise.
(10-07-2013, 01:37 PM)CityFarmer Wrote: Should be minimum impact... the extra charge was too much for me, so I never used it
No Visa cards for ComfortDelGro cabs from Monday
SINGAPORE — From Monday, commuters will no longer be able to use their Visa cards to pay for rides in ComfortDelGro taxis. In an email to its cabbies, the taxi operator said it was informed by Visa that it can no longer charge an administrative fee.
Those who use credit and debit cards now pay 10 per cent extra, excluding goods and services tax. This, however, is a breach of contract terms, said Visa, which issued an ultimatum to Singapore’s largest taxi operator to stop the surcharge, saying it would pull out otherwise.
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