tag:blogger.com,1999:blog-2011194091106156925.post410559049512225145..comments2024-03-27T14:09:10.049-07:00Comments on Sillyinvestor: Discussion on comfort delgroUnknownnoreply@blogger.comBlogger10125tag:blogger.com,1999:blog-2011194091106156925.post-21004633088935920872023-08-15T23:44:34.357-07:002023-08-15T23:44:34.357-07:00A well-known sports website called 24sata offers a...A well-known sports website called <a href="https://24sata.pro/sport/" rel="nofollow">24sata</a> offers a thorough platform for sports fans to get the most recent news, updates, and insights from the world of sports.For people who want to keep up with their favourite teams, athletes, and athletic events, 24sata is the go-to resource.The website has a user-friendly interface that makes it simple for users to browse and navigate through a variety of articles, match reports, analyses, and interviews.Social Mediahttps://www.blogger.com/profile/16825708223627768897noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-79830185712447622802017-10-05T07:19:27.380-07:002017-10-05T07:19:27.380-07:00Price is getting lower. Thinking to average down s...Price is getting lower. Thinking to average down some more.<br />But I make my mistake on semb Corp too. yehhttps://www.blogger.com/profile/12571111570066245051noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-75695627409460329612017-09-22T05:26:01.649-07:002017-09-22T05:26:01.649-07:00Hi B,
Guess turnaround plays is one of your forte...Hi B,<br /><br />Guess turnaround plays is one of your forte.<br /><br />I do that too, until I get "burn" be sembcorp industries and to some extent "lee metals and LMIr"<br /><br />But it can be lucrative too. I still banging my head on the hall for ventureSillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-77425209496887812382017-09-22T05:24:23.503-07:002017-09-22T05:24:23.503-07:00Hi Anon,
Just saw in news Uber lost its taxi lice...Hi Anon,<br /><br />Just saw in news Uber lost its taxi license in London. Maybe CDG will be in better bargain position now??<br /><br />I think the deal will be positive but not structural changing. But no deal will be bad. Look at M1 LOLSillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-6905815592202711422017-09-22T05:22:59.147-07:002017-09-22T05:22:59.147-07:00hi solace!
Welcome back. Where have u been? Hard...hi solace! <br /><br />Welcome back. Where have u been? Hardly see u even at AK place.<br /><br />I think past no. Might.not have been that useful as Cdg is driven by sentiments. But since we do not think taxi business might not be loss making, valuing it at zero is conservative. Many value sembcorp but valuing marine at zero. But when it goes loss making it went super free fall.<br /><br />As far as I can see, the earnings weakness he not show yet. So I guess the<br />Blood is not out yetSillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-35619810458200094472017-09-21T16:30:54.231-07:002017-09-21T16:30:54.231-07:00Hi SI
Thanks good discussion and thoughts.
I ha...Hi SI<br /><br />Thanks good discussion and thoughts. <br /><br />I have no doubts that grab and uber can burn for longer than we think. Perhaps their IPO would be the catalyst for cdg? Haha just kidding. <br /><br />Its a huge structural decline for the traditional taxi business, but I think they've been sufficiently punished from the share price (losing 1/3 market cap from the peak of $3.2). Will they lose another 1/3? This is where I think it will not happen. I think Comfort is still able to provide value out there in terms of their network and their fleet and overseas expansion. Theis goal is obviously a little different from grab and uber which has different objective of building up the network and being asset light. <br /><br />Am I vested? Yes<br />Am I interested? Yes too<br /><br />I like companies in troubles generally haha. Bhttps://www.blogger.com/profile/09041255778427742477noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-42023091938073837402017-09-21T09:24:33.681-07:002017-09-21T09:24:33.681-07:00Assuming 100k taxi at 7 years life, it means 40 pe...Assuming 100k taxi at 7 years life, it means 40 per day of depreciation. Which means comfort could be negative profit if they cut rental to Uber levels. Plus they don't have fees from calls. Note that EPS 0 is not a lower bound.<br />Uber knows comfort is desperate to negotiate. Uber doesn't need comfort .any deal will be negative, just what extent is priced in<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-37347409870421097912017-09-21T06:15:05.211-07:002017-09-21T06:15:05.211-07:00
Am I vested: No
Am I tempted: Yes
Yes,
i am a...<br />Am I vested: No<br /><br />Am I tempted: Yes <br /><br />Yes,<br /><br />i am also looking closely at CDG. For CDG i will use P/E, Dividend yield and Price to cash flow to try to value the company.<br /><br />I try to value EPS for taxi as $0 and work backwards on how much the other business is worth. For me the triggering price to enter is around $1.80Solacehttps://www.blogger.com/profile/08801978818033316328noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-51968563166001502242017-09-21T05:36:55.198-07:002017-09-21T05:36:55.198-07:00Lol. I think parking cost is the least thing in th...Lol. I think parking cost is the least thing in the mind of management. Because u solve idle fleet, u solve everything.<br /><br />As for vicom, there business is more correlated to car population in Singapore which is tightly regulated. I dun think there is a problem there. COe might go up or Dow Corning but j hardly think car population will shrink. Think about it Coe at $10k. Because supply a lot, u won't buy meh? I would. <br /><br />More old cars not necessary bad for vicom Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-2011194091106156925.post-65373400785976430962017-09-21T04:30:33.760-07:002017-09-21T04:30:33.760-07:00It is not just about idle taxi with no rental inco...It is not just about idle taxi with no rental income. Idle taxi incurs parking fee when their own parking space runs out of space. Scary! Vicom may also take some smaller hit when more taxi are idling. Right?Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.com