CGE
2022-07-26
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$COMFORTDELGRO CORPORATION LTD(C52.SI)$...I called CDG the ultimate laggard of all recovery stocks.

Well, it still is.

Let's see the developments that worth another look by investors.

- CDG is the largest land transport company in the world, not just in Singapore. Its key markets include Singapore, UK, Australia, etc etc.

- CDG's share price has been laggingthe recovery of public transport ridership numbers, tourists arrival numbers and that of other recovery stocks.

- CDG has done quite a few divestments (some China operations) and investments (coach operations in UK and Australia) to optimise and expand its business portfolio and has entered into a major metro operation in Auckland, NZ.

So, in my view, CDG is in a good shape to grow and has been lagging in its share price recovery.

What do you think?

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