Potential re-rating opportunity

$COMFORTDELGRO CORPORATION LTD(C52.SI) A laggard in the reopening play. Good sentiment from increased tourism in Singapore that has lifted shares in hospitality & tourism related counters not fully reflected in this stock. Potential for re-rating with increased ridership in rail and taxis ( in Singapore) not fully baked in. Earnings expected on the 12th of Aug. Concerns on its UK and China business may have dampened expectation but it's much the upside from the reopening of its much bigger businesses in Singapore/ Australia should outweigh them. In Australia it has recently won a significant contract to operate buses in Darwin/ Palmerston. Most analysts are recommending 12 months target between $1.75 to $195. Of course as always please do you own research!

# Q2 Earning Season

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
  • Patrick goh
    ·2022-08-04
    Great ariticle, would you like to share it?
    Reply
    Report
    Fold Replies
  • Michelle Ong
    ·2022-08-05
    Like back thanks
    Reply
    Report
  • powerbert
    ·2022-08-02
    Good information, thank you.
    Reply
    Report
  • jat
    ·2022-08-02
    ya... this is a disappointing counter sianz
    Reply
    Report
  • ThaiGirl
    ·2022-08-02
    Good observations
    Reply
    Report
  • Residue
    ·2022-08-05
    👍🏻
    Reply
    Report
  • Jiminvest88
    ·2022-08-05
    Ok
    Reply
    Report
  • SKK792004
    ·2022-08-05
    k
    Reply
    Report
  • chuonwei
    ·2022-08-05
    [微笑]
    Reply
    Report
  • Prohui
    ·2022-08-05
    K
    Reply
    Report
  • bensonyyy
    ·2022-08-05
    [惊讶]
    Reply
    Report
  • Eeyearn
    ·2022-08-05
    interesting!
    Reply
    Report
  • easonlai
    ·2022-08-05
    Reply
    Report
  • Lun_Ng
    ·2022-08-05
    😳😳😳
    Reply
    Report
  • ekwee75
    ·2022-08-04
    [Happy]
    Reply
    Report
  • gye
    ·2022-08-04
    ok
    Reply
    Report
  • bnyzzz
    ·2022-08-03
    thanks
    Reply
    Report
    Fold Replies
    • TF105
      [Like] [Salute]
      2022-08-05
      Reply
      Report
  • hazelishazel
    ·2022-08-03
    Ik
    Reply
    Report
  • AnDy8910
    ·2022-08-03
    Ok
    Reply
    Report
  • ohsay
    ·2022-08-03
    oo
    Reply
    Report