ComfortDelGro Rated BUY by RHB Invest: Why? | The Investing Iguana πŸ¦–

The Investing Iguana
04-15

🟩 In this eye-opening video, Iggy from The Investing Iguana dives deep into ComfortDelGro's massive £422 million (S$720 million) deal to operate four public bus franchises in Greater Manchester, UK. As one of Singapore's leading transport companies, this move marks a significant expansion for ComfortDelGro's overseas operations. $ComfortDelGro(C52.SI)$

Join Iggy as he breaks down the numbers behind this game-changing contract and explores its potential impact on ComfortDelGro's bottom line. With the deal set to commence in January 2025, Iggy analyzes how this could boost the company's earnings and what it means for investors.

Discover why analysts are bullish on ComfortDelGro's stock, with many maintaining "Buy" ratings and increased target prices. Iggy also examines the company's strong performance in 2023 and its growth prospects for 2024, considering factors such as the recovery in ridership, fare increases, and strategic acquisitions.

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  • BridgetBirrell
    Β·04-15
    Wah, this Iggy fella really did a deep dive on ComfortDelGro's big UK deal, eh?
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  • catielover
    Β·04-15
    Wah, this video by Iggy from The Investing Iguana really eye-opening one ah!
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