Sporeshare
08-15

$ComfortDelGro(C52.SI)$  

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.

  https://sporeshare.blogspot.com/2024/08/comfortdelgro-1st-half-results-is-out.html

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