ComfortDelGro - Bus fares hike of 10 cents for adults, seem a bit too much!

 Latest news: 

Public transport fare hike: Adults to pay 10 cents more per journey from Dec 28

Overall, fares will go up by 6 per cent - less than the 7 per cent increase last year when adult fares rose by up to 11 cents for adults per journey. 

I think with this bus fares hike, ComfortDelGro revenue may get lifted and net profit may rise . Dividend will also increase! I think she may rise up to reclaim 1.50! A nice breakout smoothly may likely see her testing 1.60 and above! Pls dyodd. 

4th September 2024 update: ComfortDelGro  - Hosey! Win 3 Bus contracts Franchises, increase market share to 30 percent in Victoria, Australia! Fantastic! Revenue likely get boosted .Dividend may likely increase again! 

Pls dyodd.

25th August 2024 update:

ComfortDelGro  - Will she be testing 1.45 tomorrow with Powell's speech saying they are more likely to cut rate to stave off US weak Labor! 

Breaking out of 1.45 smoothly she would be revisiting 1.50.

Pls dyodd 

 ComfortDelGro  - Will she be able to rise up to test 1.44 before going XD tomorrow! 

Yield is about 5.33% if Final dividend is 4 cents and above. Pls dyodd. 

ComfortDelGro  - 1st Half Results is out! Interim dividend of 3.52 cents is higher than last year 2.9 cents.

 Gross revenue increased 13.7 percent to 2.12 billion. PATMI increased 21.4 percent to 95.3m. I think the results is very good !

 The 2QFY2024 Revenue rose by 16.4% y-o-y to $1.11 billion, while its patmi rose by 19.7% y-o-y to $54.7 million.

According to the group, it saw improved margins through its public bus contract renewals in the UK combined with the positive performance of its acquisitions of CMAC Group and A2B Australia. In Singapore, the taxi and private-hire business saw improved contributions from its Zig ride-hailing platform. 1HFY2024 patmi margin stood at 4.5%, 0.3 percentage points higher y-o-y

XD 21st August. 

Pay date 29th August. 

Pls dyodd. 

 Pls dyodd.  

   ComfortDelGro - I think 1st Half results may see Gross Revenue and Net profit increasing as well as declaring higher interim dividend. Both SBS Transit and Vicom declaring same or slightly higher interim dividend.  Results might be out by this week! 

Chart wise,  waiting for the next catalyst to push the price above 1.42, 1.45 and 1.50.  Pls dyodd 

8th August 2024 update: 

ComfortDelGro - Vicom(ComfortDelGro subsidiary company) just released the 1st Half Results, Net profit is up 1.3 percent to 14.1m, interim dividend of 2.8 cents versus 2.75 cents last year! Looks like ComfortDelGro may book a higher revenue and net profit plus increase dividend payout! 

Revenue grew 0.8 per cent year on year to S$56.3 million in the period, and earnings per share came in at S$0.0398, up from S$0.0393.

Chart wise, she is likely to clear 1.40 and rises higher to test 1.45 and 1.50. Pls dyodd. 

31st July 2024 update:

 ComfortDelgro - She will be reporting her 1st Half results in Mid August. Estimating interim dividend of 3 to 3.5 cents versus 2.9 cents last year. 

The overseas investment with higher profit margin may help to boost their total revenue as well as the Net Profit.

Chart wise, she may rise up to test 1.42 than 1.46 and 1.50 level.

 Pls dyodd.

21st July 2024 :

 She had managed to clear the resistance at 1.40, awesome!

Next, she is rising up to test 1.45 than 1.50! First Half results will be out Aug! Dividend is coming! Nice!

Pls dyodd.

21st July 2024:

ComfortDelGro  - Gd news! SBS Transit won the bus contract for Seletar Package of 526m till 2030. 

This would certainly benefit ComfortDelGro and their revenue may likely increase,  dividend may increase as well! 

Quote :  Public bus services operating from Seletar bus depot, including 24, 70 and 130, will continue to be run by SBS Transit (SBST) until at least 2030.

The public transport operator on July 19 won the right to continue running a total of 29 bus routes under the Seletar bus package with a $526 million bid.(the Straits Times) .

Price likely reclaim 1.40 and rises higher towards 1.45 thsn 1.50.

13th July 2024 update:

 ComfortDelGro  - She has slowly climbing up from 1.33 to touch 1.40 seem rather interesting!Likely to rise up to test 1.45 again! 

Next, likely revisit 1.50.

first Half results will be out in August  interim dividend likely increase! 

Nibbled a bit at 1.38.

Pls dyodd. 

 ComfortDelGro  - She is slowly rising up after touching the low of 1.33 and closed at 1.37, looks rather interesting!

 First Half results  be out in August,  interim dividend likely increase! Pls dyodd.  

ComfortDelGro  - I think good price is back after being corrected from 1.50 to close at 1.37. 

Yield is about 4.86 percent which is pretty decent and the businesses are expanding with higher margin we may see further revenue increases and higher dividend payout! Pls dyodd. 

  ComfortDelGro  - 1st quarter results update is out! Revenue is up 10.8 percent to 1004m.

 PATMI is up 23.8% to 40.6m. Cash Flow is positive! CASH on hands increased to 922m. Awesome! Likely see a higher net profit and increase in dividend payout for 2nd quarter! 

  ComfortDelGro  - She is gaining strength! Likely to rise up to revisit 1.50 again! Pls dyodd. 

Remember dividend date on 15th May! 

Awesome! 

ComfortDelGro  - She is holding up well! Likely to continue to rise up to reclaim 1.50 again! Ex.dividend is on 6th May for 3.76 cents! Do take note! 

 CDG (ComfortDelGro) - A nice crossing over of 1.49-1.50 level smoothly would likely see her rising up further towards 1.62. Pls dyodd. 

ComfortDelGro  - She is rising up to test 1.50 than 1.63. Do take note!

 A nice breakout of 1.63 smoothly plus good volume we may see her rising up further towards 1.80.

Pls dyodd. 

AGM : 26th April 10.00 A.M. AT LEVEL 3, SUMMIT 1 ROOM SUNTEC SINGAPORE CONVENTION & EXHIBITION CENTRE 1 RAFFLES BOULEVARD, SUNTEC CITY SINGAPORE 039593.

Total Revenue and net profit plus increased in paying Final dividend likely to boost the price further! First wide and bullish Green candlesticks spotted on the weekly chart,  looks rather positive!

  ComfortDelGro - Fantastic! Finally,  she had managed to breakout 1.43 plus high volume and closed well at 1.46 thus is rather positive and may likely see her rising up further to 1.50 and above! Do take note !

ComfortDelGro  - She is doing a YoYo mode, will she be able to conquer 1.43 and rises higher towards 1.50 and 1.60. Do take note! 

 ComfortDelGro  - This giant Transport company is growing and expanding at a faster rate as we can see their revenue growth on the latest sets of financial numbers with Net profit higher and the increased in Final dividend from 1.76 cents to 3.76 cents,  fantastic! Yield is about 5 percent which is quite good. 

Do take note! Pls dyodd. 

  ComfortDelGro  - At 1.36, yield is about 5 percent for the giant transport company which is quite resilient during market volatility! A good defensive counter to put under one portfolio! Pls dyodd.  

ComfortDelGro  - FY results is out! Final dividend increased more than 100 percent from 1.76 cents to 3.76 cents. Total Revenue is up 2.6% to 3880m and Net profit is up 4.3% to 180.5m. I think is a good sets of financial numbers! 

Total dividend of 6.66 cents representing a payout of 80%, swee!

EBITDA increased 6.5% to 629.9m.

XD 6th May.

PAY date 15 May 

Yield is about 5% at 1.35.

Pls dyodd.  

NetLink NBN Tr - Wow! She had managed to clear 90 cents swiftly and is now trading at 91.5 cents, looks rather bullish! She may rise further towards 95 and 1 dollar.

NetLink NBN Tr  - Wow! She had managed to clear 90 cents swiftly and is now trading at 91.5 cents, looks rather bullish! She may rise further towards 95 and 1 dollar.

Pls dyodd.

16th August 2024:

  NetLink NBN Tr  - She has managed to clear the resistance at 85.5 cents and is now trading at 86 to 86.5 cents , looks rather bullish and may rise up further towards 87.5 than 91 cents. 

Pls dyodd.

NetLink NBN Tr  - 1st quarter results update is out! Gross Revenue is down 2.9 percent to 100.9m .

Net profit is down 9.1 percent to 25.7m. The results is so so! It wont affect the dividend payout! 

23rd July 2024:

During AGM, you will know how the CEO, Chairman and CFO present themselves and see whether how much they know about their businesses! The most  crucial part is how they handle and reply those questions being raised by the shareholders!

 These are insightful information you wouldnt be able to know from their annual reports! Is important and meaningful for shareholders/investors to attend AGM and know the company is being run by the management team! You will be able to judge for yourself whether are they capable to run the company perhaps give you an idea whether is it worthwhile for one to invest!

NetLink NBN AGM - after attended the AGM , I am able to get some information how this company is being run by the group of management team! Stable and resilient business model that is able to generate sufficiently  and healthy cash flow to maintain their yearly dividend paid put of 5.3 cents which was about 205m. Is pretty normal for their NAV to decrease as their assets like Fibre and Manholes will depreciate! More importantly,  they are able to growth and generate healthy cash flow ! 

Y2025, dividend likely maintain the same as Y2024.

At 84.5 cents, yield is quite good at 6.27%. I would say this is one of the few dividend counter that is good to have for long term passive income consideration! Pls dyodd.

No food but drinks like hot coffee, tea and mineral water are provided! 

Their business review:

Key Focus for Y2025:

Financial numbers for Y2024:

 NetLink AGM - AGM is on 23rd July 2 PM. 1st quarter results update will be out on 2nd Aug 2024! Do take note! 

The meeting is located at :

Time - 2 PM

STEPHEN RIADY AUDITORIUM, NTUC CENTRE NO. 1 MARINA BOULEVARD, LEVEL 7 ONE MARINA BOULEVARD SINGAPORE 018989.

Here is the snapshot of the Q&A being submitted and received from the management!  These information might be quite helpful! 

1st July 2024 update:

 NetLink NBN Tr  - The company director bought 100000 share at 83 cents a few days ago which might be an indication the price is undervalued! 

Pls dyodd.  

 NetLink NBN Tr  - After XD, the price has corrected from 86.5 to close at 83.5 cents to cover the dividend payout of 2.65 cents, seems fairly reasonable!

 At 83.5 cents, yield is quite good at more than 6 pecent (yearly dividend of 5.3 cents) The one and only appointed Fibre installation and activation company! Pls dyodd.  

 NetLink NBN Tr  - The director bought 100000 share at 86.5 cents this might be telling usbthe share price is attractive! Pls dyodd.  

https://links.sgx.com/1.0.0/corporate-announcements/R6NT84CC031PFTNK/76ec06e00bb2febef18d46ae3fb720b6f447da7e11956140a00cce1580ef90d7

She may rise up to test 91.5 cents .

 NetLink NBN Tr  - 2nd Half results is out! Gross Revenue is up 1 percent to 206m. Net profit is down 8 percent to 50.3m due to higher finance costs etc!

 Healthy cash flow of 288.6m ! Dividend of 2.65 cents is 1.1 percent higher than last year 2.62 cents. 

The Group generated Net cash from Ops of 288.6m of which I think is sufficiently able cover the dividend payout annually at 206.5m. 

XD 29 May.

Pay date 12 June.

Yield is about 6.13% at 86.5 cents.

Pls dyodd. 

DBS Bank - Chart wise, A gapped down reflected on the chart a few days ago doesn't look good! She is likely going down to test 36.29. If cannot hold next she may test 35.99 and below.

 DBS Bank - Chart wise, A gapped down reflected on the chart a few days ago doesn't look good!

 She is likely going down to test 36.29. If cannot hold next she may test 35.99 and below.

Breaking down of 35.99, she may likely continue to trend lower towards 35.37 and 34.37 than 33.98.

NAV is about 22.00.

P/B is 1.66x. I think it is trading at premium price. 

Pls dyodd.

MPACT : Mapletree PanAsia Com - Awesome! She had managed to touch 1.43 and closed at 1.41 seem like this Bullish momentum will prevail! She may rise up to test 1.50 and above.

MPACT : Mapletree PanAsia Com  - Awesome! 

She had managed to touch 1.43 and closed at 1.41 seem like this Bullish momentum will prevail! She may rise up to test than 1.58.

Pls dyodd

 30th August 2024:

 Mapletree PanAsia Com Tr  - She is rising up nicely to test 1.43 soon! A nice breakout smoothly plus high volume we may see her rising up further towards 1.50 than 1.58! 

NAV 1.72.

Yearly dividend is about 8.5 cents.

Yield is about 6.25% for this index reit counter of which I think the price is undervalued! If the first rate cut in September we may see further price action!

Pls dyodd.

18th August 2024 update:

 Mapletree PanAsia Com Tr  - She needs to overcome the resistance at 1.30 level! 

A nice crossing over smoothly plus good volume we may see her rising up further towards 1.36 and above! 

Next, she is likely rising up to test 1.43 than 1.50. 

Pls dyodd. 

16th August 2024 update:

 She is trading near all time low of which I think is a gd pivot point to consider! Yield is more than 6.7% , nav 1.70+, gearing is about 40%. Rate cut in September is about to happen in September, dont miss out!

Chart wise, she is hovering near the support at about 1.20/1.21. Currently trading at 1.24 , a nice bouncing up and crossing over 1.28 with ease we may see her rising up further to test 1.32 tyan 1.38. Pls dyodd.

31st July 2024 Update:

 Gross revenue is down 0.2% to $236m versus $237m last year.

Net property income edged up 0.1 per cent to S$179.4 million from S$179.2 million.

Distributable income declined 3.5 per cent year on year to S$110.8 m versus $114.8m last year.

DPU is down 4.1% to 2.09 cents mostly due to high finance costs and forex exchange losses for Japan and China side.

Gearing is of 40.5%.

Occupancy rate is 94%. 

The divestment of Mapletree Anson, which is scheduled to be finalised on Wednesday will help to pare down debts and bring down the Gearing to 37.6% and a bit cater for dpu payout. 

XD 6th August. 

Pay date 12th September. 

The dpu is below my expectations of 2.3 cents.

Pls dyodd.