ComfortDelGro - 3rd quarter results is out! Net profit after tax is up 54.5 percent to 49.9m. Gross revenue is up 3.8 percent to 996.6m

 ComfortDelGro  - 3rd quarter results is out! Net profit after tax is up 54.5 percent to 49.9m. 

Gross revenue is up 3.8 percent to 996.6m.

ComfortDelGro : C52 posted a 54.5 per cent rise in net profit to S$49.9 million for the third quarter ended Sep 30, 2023, from S$32.3 million a year earlier.

The company noted that its profit after tax and minority interests (Patmi) margin for the quarter rose to 5 per cent, from 3.4 per cent a year earlier. Revenue over the same period rose 3.8 per cent to S$996.6 million, from S$960.3 million a year ago.

In a business update on Tuesday (Nov 14), the company noted that its public transport business improved as renewals and indexation in the UK continued to improve margins.

Net cash position with 849.9m cash on hands.

I think results has shown great improvement. 

Final dividend may increase. 

Please dyodd.

Chart wise,  bullish mode!

I think high probability it may reclaim 1.37.

A nice breakout smoothly plus good volume that may likely drive the price higher towards 1.42 than 1.485 with extension to 1.80. Huat ah!

Pls dyodd. 

 

I think high probability she may likely breakout 1.30 and rises higher towards 1.40 than 1.42-1.46. Please dyodd. 

Public transport fare hike: Adults to pay 10 to 11 cents more per journey from Dec 23

The Public Transport Council, which regulates bus and train fares, has granted an overall increase of 7 per cent as part of the 2023 fare review exercise.   

 I think breaking out soon!

Dividend for the interim six months period will be credited to your account today - 31st August, Awesome!

Please dyodd.

She is gaining strength and likely rise up to test 1.30 again!A nice breakout of 1.30 plus high volume would likely see her rising up to revisit 1.35 than 1.43.

Please dyodd.

 Total Revenue is up 1% to 1862m versus 1843m last year! 

Net profit of 78.5m is down 31.9% . If excluding the divestment gains from last year of 30.5m, Net profit is down marginally. 

Interim dividend increase from 2.85 to 2.9 cents.

Taxi operations also saw an improvement of revenue with lower discounts handling out! 

Cash Flow is good. So much cash on hands!

I think the results is not bad! 

Please dyodd.

She is rising up in an orderly manner looks rather bullish!

I think waiting for the next breakout moment!

results should be out by end of August,  dividend is coming!

Please dyodd.

 Chart wise, bullish mode!

Likely to rise up ti test 1.30 than 1.35 with extension to 1.45.

Yield is avoit 3.7% at 1.27.

NAV 1.18+.

She is due to report her first half results soon!

Pls dyodd. 

GD NEWS: Awarded a contract to operate rail services in Paris, France’s capital city.

— marks the Group’s first foray into France’s rail operations market and is a first by a Singapore company.

 Indeed, she has managed to conquer 1.21 and rises up to touch 1.23 looks rather positive!

High probability I think she may rise up to test 1.25-1.27 then 1.30-1.35.

Please dyodd. 

ComfortDelGro is one of the largest land transport companies in the world with a global workforce, a global shareholder base and a global outlook. 

The Group was formed on 29 March 2003 through the merger of two land transport companies - Comfort Group and DelGro Corporation. Both had started out in the 1970s and had, by the time of the merger, grown to become successful listed land transport companies. 

EN Corporate Profile Navigation ABOUT NETWORK INVESTOR SUSTAINABILITY TRANSFORMATION NEWS CONTACT CAREER CORPORATE PROFILE HOME / ABOUT US / CORPORATE PROFILE ComfortDelGro is one of the largest land transport companies in the world with a global workforce, a global shareholder base and a global outlook. The Group was formed on 29 March 2003 through the merger of two land transport companies - Comfort Group and DelGro Corporation. Both had started out in the 1970s and had, by the time of the merger, grown to become successful listed land transport companies.

Following the merger, ComfortDelGro has expanded significantly and now operates in seven countries and has a global fleet of about 34,000 vehicles.

ComfortDelGro’s businesses include bus, taxi, rail, car rental and leasing, automotive engineering services, inspection and testing services, driving centres, non-emergency patient transport services, insurance broking services and outdoor advertising. Apart from being the market leader in Singapore, ComfortDelGro has a significant overseas presence. 

The Group’s operations currently extend from the United Kingdom and Ireland to Australia, New Zealand, Malaysia, as well as across nine cities in China, including Beijing, Shanghai, Guangzhou, Shenyang and Chengdu.

Chart wise,  bullish mode!

Likely to continue to trend higher!

Short term wise,  I think likely to rise up to retest 1.20-1.21! 

A nice breakout smoothly may likely see her rising up further towards 1.25 then 1.30.

NAV 1.186.

PE 14x.

Dividend yield 4.11%.

Please dyodd.

Genting Sing - Wah ,Nice Gap Up plus breakout of 88.5 cents , bullish mode! Likely to rise up further!

  Chart wise,  Nice Gap up this morning plus clearing the resistance at 88.5 cents augur well for further upwards movement towards 96 cents. 

Pls dyodd.  

Genting Sing  - Wah, 3rd quarter results is out! Gaming Revenue is up 20 percent to 459m, Total Gross Revenue is up 33 percent to 689m, Net Profit is up 59 percent to 216m, Huat ah! Very good sets of financial numbers!

EBIDTA is up 37% to 346m. 

Solid!

I think can look forward for a Final dividend of 2.5 cents.  Together with interim dividend of 1.5 cents , a total of 4 cents, yield is about 4.7% at 85 cents.

Let's see how market react next week!

Not a call to buy or sell!

Please dyodd. 

ComfortDelGro - Chart wise, bullish mode! With transport fare increasing in December price may get lifted above 1.40 level!

Chart wise,  bullish mode!

I think high probability it may reclaim 1.37.

A nice breakout smoothly plus good volume that may likely drive the price higher towards 1.42 than 1.485 with extension to 1.80. Huat ah!

Pls dyodd. 

 

I think high probability she may likely breakout 1.30 and rises higher towards 1.40 than 1.42-1.46. Please dyodd. 

Public transport fare hike: Adults to pay 10 to 11 cents more per journey from Dec 23

The Public Transport Council, which regulates bus and train fares, has granted an overall increase of 7 per cent as part of the 2023 fare review exercise.   

 I think breaking out soon!

Dividend for the interim six months period will be credited to your account today - 31st August, Awesome!

Please dyodd.

She is gaining strength and likely rise up to test 1.30 again!A nice breakout of 1.30 plus high volume would likely see her rising up to revisit 1.35 than 1.43.

Please dyodd.

 Total Revenue is up 1% to 1862m versus 1843m last year! 

Net profit of 78.5m is down 31.9% . If excluding the divestment gains from last year of 30.5m, Net profit is down marginally. 

Interim dividend increase from 2.85 to 2.9 cents.

Taxi operations also saw an improvement of revenue with lower discounts handling out! 

Cash Flow is good. So much cash on hands!

I think the results is not bad! 

Please dyodd.

She is rising up in an orderly manner looks rather bullish!

I think waiting for the next breakout moment!

results should be out by end of August,  dividend is coming!

Please dyodd.

 Chart wise, bullish mode!

Likely to rise up ti test 1.30 than 1.35 with extension to 1.45.

Yield is avoit 3.7% at 1.27.

NAV 1.18+.

She is due to report her first half results soon!

Pls dyodd. 

GD NEWS: Awarded a contract to operate rail services in Paris, France’s capital city.

— marks the Group’s first foray into France’s rail operations market and is a first by a Singapore company.

 Indeed, she has managed to conquer 1.21 and rises up to touch 1.23 looks rather positive!

High probability I think she may rise up to test 1.25-1.27 then 1.30-1.35.

Please dyodd. 

ComfortDelGro is one of the largest land transport companies in the world with a global workforce, a global shareholder base and a global outlook. 

The Group was formed on 29 March 2003 through the merger of two land transport companies - Comfort Group and DelGro Corporation. Both had started out in the 1970s and had, by the time of the merger, grown to become successful listed land transport companies. 

EN Corporate Profile Navigation ABOUT NETWORK INVESTOR SUSTAINABILITY TRANSFORMATION NEWS CONTACT CAREER CORPORATE PROFILE HOME / ABOUT US / CORPORATE PROFILE ComfortDelGro is one of the largest land transport companies in the world with a global workforce, a global shareholder base and a global outlook. The Group was formed on 29 March 2003 through the merger of two land transport companies - Comfort Group and DelGro Corporation. Both had started out in the 1970s and had, by the time of the merger, grown to become successful listed land transport companies.

Following the merger, ComfortDelGro has expanded significantly and now operates in seven countries and has a global fleet of about 34,000 vehicles.

ComfortDelGro’s businesses include bus, taxi, rail, car rental and leasing, automotive engineering services, inspection and testing services, driving centres, non-emergency patient transport services, insurance broking services and outdoor advertising. Apart from being the market leader in Singapore, ComfortDelGro has a significant overseas presence. 

The Group’s operations currently extend from the United Kingdom and Ireland to Australia, New Zealand, Malaysia, as well as across nine cities in China, including Beijing, Shanghai, Guangzhou, Shenyang and Chengdu.

Chart wise,  bullish mode!

Likely to continue to trend higher!

Short term wise,  I think likely to rise up to retest 1.20-1.21! 

A nice breakout smoothly may likely see her rising up further towards 1.25 then 1.30.

NAV 1.186.

PE 14x.

Dividend yield 4.11%.

Please dyodd.

NetLink NBN Tr - Yield is of 6.35% at 83.5 cents, looks like a good yield level much higher than our CPF interest, do take note! XD 16th November 2.65 cents half year dividend.

 At 83.5 cents,  yield is of 6.35% for this dividend counter of which I think is a great opportunity to take note of! 

XD 16th November 2023. Yearly dividend is 5.3 cents. 

Not a call to buy or sell!

Pls dyodd. 

NetLink NBN Tr  - 2nd quarter results is out! Gross Revenue is u0 2.9% to 205.3m. Net profit is down 3.1% to 52.88m. Interim dividend is up 1.1%  to 2.65 cents .

I think results is almost flat. 

Net gearing is 21.5%.

XD 16 Nov.

At 84 cents, yield is about 6.3%. 

I think the results is not bad!

Please dyodd.

 I think good price is here! Yield is of about 6.1% at 0.855. This is even much higher than Singapore Government Bond of 3.16%. THIS counter is like  FD account which is consistently paying out dividend of 5.2 cents annually. I think opportunity is back! 

Please dyodd.

 NetLink NBN Trust  - 1st quarter update is out, Net profit is up 2.1percent to 28.2m, total Revenue is up 6.2 percent to 103.9m.

Yearly dividendis about 5.24 cents. Yield is 6.1% at 0.86.

I think the resultsis stable and yield is good 

Please dyodd.

NetLink NBN Trust (the "Trust") was established in 2017 primarily for the purpose of owning all of the units of NetLink Trust ("NLT"), through which NetLink NBN Trust owns the only nationwide fibre network supporting Singapore's Nationwide Broadband Network ("NBN").

NLT designs, builds, owns and operates the passive fibre network infrastructure of Singapore’s NBN. An initiative led by the Singapore government, the NBN aims to enhance the competitiveness of the economy through nationwide ultra-high-speed broadband access. By providing an open, wholesale access to our fibre network, telecommunication operators can focus on offering innovative products and services to consumers and businesses without incurring high fixed costs.

We offer primarily three types of end user connections:
(a) Residential
(b) Non-residential
(c) Non-Building Address Point (NBAP)

NetLink NBN Trust was listed on the Main Board of the Singapore Exchange Securities Trading Limited on 19 July 2017. It is a constituent of the FTSE ST Large & Mid Cap Index, FTSE ST Singapore Shariah Index and the MSCI Global Small Cap - Singapore Index.

The future of fibre is unlimited. With its capability to transmit an infinite amount of data at scalable speed, it is an ideal medium to support the unabated growth of the Internet of Things (IoT), 5G, cloud computing, autonomous driving, smart manufacturing, remote surgery and other digital applications.

NAV 0.675.

Yearly dividend of 5.2 cents. 

Yield is 6%.

FY results for 2022.

Total Revenue increase 6.8% to 403m.

Final dividend of 2.62 cents is being declared! 

Chart wise, it has corrected from 0.91 to close at 0.865 after ex.dividend seem like a gd entry pivot point! 

Not a call to buy or sell!

Please dyodd 

Citydev - This counter losses its Prime Time like PropNex and Apac Realty, super Bearish mode! I think The falling continue!

 This counter no longer has the drive to change the Bearish trend, keep falling lower, doesn't look good! 

If the major support at about 5.80 cannot hold than we may see her going down to revisit 2009 low of 4.10.

NAV 9.38  

Yearly Dividend is 8 cents.

Yield is about 1.3%.

Nor a call to buy or sell!

Please dyodd.

Genting Sing - Wah, 3rd quarter results is out! Gaming Revenue is up 20 percent to 459m, Total Gross Revenue is up 33 percent to 689m, Net Profit is up 59 percent to 216m, Huat ah! Very good sets of financial numbers!

 Genting Sing  - Wah, 3rd quarter results is out! Gaming Revenue is up 20 percent to 459m, Total Gross Revenue is up 33 percent to 689m, Net Profit is up 59 percent to 216m, Huat ah! Very good sets of financial numbers!

EBIDTA is up 37% to 346m. 

Solid!

I think can look forward for a Final dividend of 2.5 cents.  Together with interim dividend of 1.5 cents , a total of 4 cents, yield is about 4.7% at 85 cents.

Let's see how market react next week!

Not a call to buy or sell!

Please dyodd.