ComfortDelGro

[memphisb]

Name of Substantial Shareholder * Silchester International Investors Limited

Date of change of Deemed Interest 04-06-2009

2. The change in the percentage level From 10.096 % To 11.061 %

3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase
# Please specify details


4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:
The increase in Silchester's holdings was due to a series of transactions over a series of different trading days. Details of the number of shares held before the change (shown in part IV, Section 1 below), represent the shares held by Silchester's clients as of the date of our last Notice of Substantial Shareholder's Interest and not as of the last trading day before which this disclosure level was triggered.

[memphisb]

Name of Director * Oo Soon Hee

No. of shares held before the change 300,000
As a percentage of issued share capital 0.0143 %
No. of shares held after the change 375,000
As a percentage of issued share capital 0.0179 %

[ichew]

http://info.sgx.com/webcorannc.nsf/vwpr ... enDocument

Lim Jit Poh added 100 lots at 1.29.
Mr Lim has been buying 100lots at one go 4times since feb-09
now total he got abt 644k lots
let's see how much more 100lots he will continue to add

[kennynah]

everytime i talk to cabbie.....almost everyone says business no good

[winston]

Deutsche Bank lowered its target price on land-transport company ComfortDelGro to S$1.73 ($1.22) from S$1.75 after a slowdown in the number of passengers traveling with the company's fleet.


Source: Reuters

[winston]

Not vested. From DBS:-

ComfortDelgro’s 3Q09 earnings were within our expectations +15% yoy).

Revenue impacted by FX translation but operating profit grew 17% yoy largely on lower oil price.

Retain Buy; TP: S$1.83.

[winston]

Not vested. From Kim Eng:-

Lacking positive catalysts for now

The closest positive catalyst, the Downtown Line which Comfort is favoured to win, may only be awarded in mid-2010.

We still like Comfort’s longer term fundamentals but would not be surprised if the stock turns directionless given the lack of catalysts.

We maintain our Hold call while our price target has been reduced to $1.42 (from $1.59), based on 13x FY10 forecasted earnings

[winston]

Not vested. From Phillips:-

ComfortDelGro Corp – 3Q Results Update (Mark Chow)
Recommendation: Buy
Previous close: S$1.53
Fair value: S$1.78

• Upgrade to BUY with an adjusted fair value estimate of S$1.78. Given the lower fuel & electricity costs as well as the decline in the cost of materials and consumables, we have adjusted our operating expenses downwards, leading to a stronger operating profit for our forecasted figures, arriving at an increased fair value of S$1.78.

As this represents an upside potential of 16.3% from the last done price of $1.53, we are
upgrading to a BUY based on our stock selection system.

[grandmaster89]

The company seeks to expand its business such that its overseas business will contribute 70% of the total revenue by 2015. Currently the figure is around 44%. This means Comfort will have to grow its overseas revenue by over 50%. This figure will be alot higher since I did not take into account the growth in the local revenues as well.

A good stock to hold for the long term.

[winston]

Let's hoped that they know how to do business locally ...

I heard a rumor that one of the foreign companies that expanded into China some years ago, actually lost about 200 of their taxis