(adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-8679583308408160", enable_page_level_ads: true });

Saturday, August 12, 2017


ComfortDelgro - 13th Aug 2017

ComfortDelgro just released the 2nd quarter results and net profits decreased 6.8% to 78.4m.
Half year Net profit came in slightly higher at 161.9m (2.1% increased).

Company declared an interim dividend of 4.35 cents vs 4.25 same period last year.

Thee results seems mixed feeling. Nevertheless , I think the result is not too bad .

From TA point of view , it is hovering in a consolidation mode. I think with this set of result + increased in dividend paying out may temporary boosting the share price higher.

Short term likely to see if testing $2.37 then $2.40. Breaking out of $2.40 with good volume that may drive the share price higher towards $2.50.
not a call to buy or sell.
( trade base on your own decision)

No comments:

Post a Comment