ComfortDelGro

[iam802]

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, lost 200 of their taxis

And I heard it is not a rumor

[grandmaster89]

Well Comfort is the world second largest transport operator. Lets give them some credit. Their Chinese operations are doing well.

They can't expand much locally so they must branch out.

[kennynah]

Well Comfort is the world second largest transport operator.

wow...we have a grandmaster amongst us...impressive.... and let me warmly welcome you to InvestIdeas...

so, grandmaster...may I know the authenticity of the claim that Comfort Delgra is earth's 2nd largest transport operator... I am in awe of this....

[grandmaster89]

Well Comfort is the world second largest transport operator.

wow...we have a grandmaster amongst us...impressive.... and let me warmly welcome you to InvestIdeas...

so, grandmaster...may I know the authenticity of the claim that Comfort Delgra is earth's 2nd largest transport operator... I am in awe of this....

Comfort Delgro:

ComfortDelGro is the world’s second largest public listed passenger land transport company with a total fleet size of 44,000 vehicles. The Group has a global workforce, a global shareholder base and a global outlook.

Wikipedia:

ComfortDelGro Corporation Limited SGX: C52 is the world's second-largest transport company with a fleet of 41,000 vehicles.

Headquartered in Singapore, ComfortDelGro also has operations in China, the United Kingdom, Ireland, Australia, Vietnam and Malaysia. Currently, overseas ventures account for 50% of the company's revenue. The Group intends to derive 70% of its total revenue from abroad in the next five years.

The company owns several subsidiaries worldwide. SBS Transit, one of the leading bus operators in Singapore, VICOM Limited, a vehicle-inspection and testing-service provider, ComfortDelGro Driving Centre, a training centre for motorcars and motorcycle learners, Metroline (UK), Vinataxi (Vietnam), and other transport-related companies. It also has operations in Australia (Westbus Group) and China.

[grandmaster89]

Well Comfort is the world second largest transport operator.

wow...we have a grandmaster amongst us...impressive.... and let me warmly welcome you to InvestIdeas...

so, grandmaster...may I know the authenticity of the claim that Comfort Delgra is earth's 2nd largest transport operator... I am in awe of this....

Hi Kennynah,

I hope to learn more about value investing from the pro-forummers here haha! The posts here are of great quality!

[kennynah]

thank you for this info...

[Musicwhiz]

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.

Haha, all this talk about revenue reminds me of EUNetworks (Global Voice). So how's the profits and margins like?

Companies often have grand plans for M&A and expansion of their business to capture more market share. Can they justify it in the long-term? That's the million-$ question.

[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.

Haha, all this talk about revenue reminds me of EUNetworks (Global Voice). So how's the profits and margins like?

Companies often have grand plans for M&A and expansion of their business to capture more market share. Can they justify it in the long-term? That's the million-$ question.

No clue yet. No interest in investing in Comfort. I don't travel much so I don't know how taxis or buses work in China or in the UK.

[kennynah]

so..afterall...2nd largest (so it is claimed) transportation company in the world ... doesnt mean it can have decent growth profits, i guess...

GM was pretty big, once upon a time. it's practically bankrupt...

[Musicwhiz]

so..afterall...2nd largest (so it is claimed) transportation company in the world ... doesnt mean it can have decent growth profits, i guess...

GM was pretty big, once upon a time. it's practically bankrupt...

Kenny, I am reminded of the adage "The Bigger they are, the harder they fall"!