Comfordelgro share price peaked out at $3.20 in June2015.
Previously it was a market darling but it got disrupted by the emergence of UBER and GRAB.
Now, CDG is trading at a distressed price but is it a buy?
0:00 Intro
1:08 Overview of comfortdelgro CDG
CDG owns 67% of VICOM.
Vicom while it owns a close monopoly on vehicle inspection, it's growth has been flat.
CDG owns 74% of SBS transit
SBS leases buses from LTA and is now asset light.
Profits and revenue have been growing steadily until 2020.
It has a $23.3m profit in 1Q2021.
3:28 Overseas operations of comfortdelgro CDG
CDG owns UK computercab and it is the biggest black cab operation in London
5:34 Australia assets may be listed soon
Comfortdelgro australia may be doing an ipo soon.
CDG is dominant in New South Wales, Queensland and Victoria.
Australia may be opening up by 2022 which should help tourism and bus demand.
6:44 CDG is now into New Zealand
Contract is to operate Auckland Rail and it is projected to yield $5m.
Will VICOM be impacted by our shift towards electric vehicles?
#comfortdelgro #cdg #grab
*******
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We do not make any recommendations on whether a security is a buy/sell as every investor has different investment goals and risk profiles. The presentation of ideas from Josh Tan and TheAstuteParent are strictly for education purposes. You are advised to perform independent research yourself or seek a qualified financial adviser. We will not be liable for any losses directly or indirectly from the material. Some of the referral links in the video summary are products and services personally used by Josh Tan and they may pay an affiliate commission or referral bonus.
It is not an endorsement of the product unless explicitly stated and we will not be liable for any losses. The content in this video and any promotions mentioned is accurate as of the posting date.
*******
About Josh Tan:
Josh holds a degree in Accounting from NTU. In 2016, he co-founded the financial education website TheAstuteParent to provide detailed insurance plan analysis and financial planning tips.
As a ChFC Charterholder, Josh has agreed to be bounded by the ChFC®/S Code of Ethics. This includes, among others, acting in a professional manner when it comes to conducting due diligence on primary and secondary sources of investment-related data, and articulating his investment opinions based on his research and beliefs. Based on his research and analysis, he highlighted his beliefs and opinions, and illustrated the concept of time value of money, as of the time of the video.
Learn more on financial planning and insurance concepts, visit
► https://theastuteparent.com
✅ ENGAGE Josh Tan on a fee for financial planning to build towards for your retirement!
► https://www.theastuteparent.com/josh-tan
Previously it was a market darling but it got disrupted by the emergence of UBER and GRAB.
Now, CDG is trading at a distressed price but is it a buy?
0:00 Intro
1:08 Overview of comfortdelgro CDG
CDG owns 67% of VICOM.
Vicom while it owns a close monopoly on vehicle inspection, it's growth has been flat.
CDG owns 74% of SBS transit
SBS leases buses from LTA and is now asset light.
Profits and revenue have been growing steadily until 2020.
It has a $23.3m profit in 1Q2021.
3:28 Overseas operations of comfortdelgro CDG
CDG owns UK computercab and it is the biggest black cab operation in London
5:34 Australia assets may be listed soon
Comfortdelgro australia may be doing an ipo soon.
CDG is dominant in New South Wales, Queensland and Victoria.
Australia may be opening up by 2022 which should help tourism and bus demand.
6:44 CDG is now into New Zealand
Contract is to operate Auckland Rail and it is projected to yield $5m.
Will VICOM be impacted by our shift towards electric vehicles?
#comfortdelgro #cdg #grab
*******
???? JOIN our MEMBERS channel to GAIN ACCESS to "VALUE MOMENTUM" investment series and other weekly private discussions
Latest videos ~~~
~ Revealing my $45,000 Crypto portfolio
~ THE BIG ALIBABA SUCK OUT?
~ SAMUDERA SHIPPING - Should it be in shining star? | Plus SHENG SIONG concerns...
Covering also on iFAST, Alibaba, Propnex, Boustead, TheHourGlass, Kimly & more...
►JOIN NOW: https://www.youtube.com/channel/UCQAp2EzcRv2wl09p88TBrGA/join
✅ Why you do NOT need to spend thousands on investment courses?
THERE IS NO HOLY GRAIL in investing! Successful investing is an art of #1 repeated repeated REPEATED practice of research #2 quite simply an art of patience. #3 a stomach for losses and pain.
Learn how to research into stocks and identify multi-baggers (at least in Josh Tan's way). Course price at $29 to cover ongoing cost.
Follow this link - https://jtinvestacademy.thinkific.com/courses/investment
*******
► Get your free stock from Moomoo: https://www.moomoo.com/en-sg/act/welcome?channel=1002&subchannel=233
► NEW The Josh Tan Show: https://www.youtube.com/channel/UCia7yv6ssAr26aTz1eB7f7g
By Spotify - https://open.spotify.com/show/7Hdw7jmi6vLvTt7IQP9Bn3
- FASTEST WAY TO GET RICH
- NOT ENOUGH INCOME TO HAVE CHILDREN?
- HOME PRICES GETTING CRAZY? WILL YOU SUPPORT PROPERTY COOLING MEASURES?
► For REIT Investing and passive income discussions, JOIN Telegram group "PASSIVE INCOME 2.1k" here - https://t.me/pi21k
► Looking For A Career With Us https://www.theastuteparent.com/contact-us/
✅ ENGAGE Josh Tan on a fee for financial planning to build towards for your retirement!
► https://www.theastuteparent.com/josh-tan
*******
We do not make any recommendations on whether a security is a buy/sell as every investor has different investment goals and risk profiles. The presentation of ideas from Josh Tan and TheAstuteParent are strictly for education purposes. You are advised to perform independent research yourself or seek a qualified financial adviser. We will not be liable for any losses directly or indirectly from the material. Some of the referral links in the video summary are products and services personally used by Josh Tan and they may pay an affiliate commission or referral bonus.
It is not an endorsement of the product unless explicitly stated and we will not be liable for any losses. The content in this video and any promotions mentioned is accurate as of the posting date.
*******
About Josh Tan:
Josh holds a degree in Accounting from NTU. In 2016, he co-founded the financial education website TheAstuteParent to provide detailed insurance plan analysis and financial planning tips.
As a ChFC Charterholder, Josh has agreed to be bounded by the ChFC®/S Code of Ethics. This includes, among others, acting in a professional manner when it comes to conducting due diligence on primary and secondary sources of investment-related data, and articulating his investment opinions based on his research and beliefs. Based on his research and analysis, he highlighted his beliefs and opinions, and illustrated the concept of time value of money, as of the time of the video.
Learn more on financial planning and insurance concepts, visit
► https://theastuteparent.com
✅ ENGAGE Josh Tan on a fee for financial planning to build towards for your retirement!
► https://www.theastuteparent.com/josh-tan
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