ComfortDelGro - Good News keep flowing in for this Giant Transport company with the lastest announcement for the new acquisition in Australia that will boost their Total Revenue and Net profit! The acquisitions is funded by loan and internal cash! I think we may see buying interest come Next week!

Quote:

ComfortDelGro to fully acquire taxi network operator A2B Australia for A$165.1 million
COMFORTDELGRO has agreed to acquire all shares in A2B Australia which it does not already own via a scheme of arrangement, where the land transport operator will pay A$1.45 (S$1.31) in cash per share.
Australian taxi network operator A2B is also a provider of technology and payment solutions for the personal transport industry. It is listed on the Australian Securities Exchange, and its offerings range from taxi services brands 13cabs and Silver Service, to its Cabcharge digital payment solution.
ComfortDelGro and its Australian subsidiary Swan Taxis currently hold about 9.3 per cent of A2B.
At A$1.45 apiece, the consideration for ComfortDelGro to acquire the remaining shares in A2B stands at A$165.1 million, or about S$145.7 million in Singapore-dollar terms.

ComfortDelGro  - Good News keep flowing in for this Giant Transport company with the lastest announcement for the new acquisition in Australia that will boost their Total Revenue and Net profit! The acquisitions is funded by loan and internal cash! I think we may see buying interest come Next week! Do take note! Pls dyodd. 

Today just noticed bus fare for short distance increase by 10 cents to 1.09. Likely to boost their revenue. 

 ComfortDelGro  -  With Taxi  fare and Bus fare increase in December their revenue likely get boosted and can foresee an increase in dividend next year! Dont miss out!

Hosey! Finally, she has managed to breakout at 1.36 and touches the high of 1.38 Awesome! 

Likely to propel ahead and rises up to test 1.45 than 1.50 and above.

Pls dyodd.

  Chart wise,  bullish mode!

Short term wise,  I think likely to rise up to reclaim 1.37! A nice breakout smoothly plus high volume would likely drive the price higher towards 1.45 to 1.50.

Pls dyodd.

 ComfortDelGro  - 3rd quarter results is out! Net profit after tax is up 54.5 percent to 49.9m. 

Gross revenue is up 3.8 percent to 996.6m.

ComfortDelGro : C52 posted a 54.5 per cent rise in net profit to S$49.9 million for the third quarter ended Sep 30, 2023, from S$32.3 million a year earlier.

The company noted that its profit after tax and minority interests (Patmi) margin for the quarter rose to 5 per cent, from 3.4 per cent a year earlier. Revenue over the same period rose 3.8 per cent to S$996.6 million, from S$960.3 million a year ago.

In a business update on Tuesday (Nov 14), the company noted that its public transport business improved as renewals and indexation in the UK continued to improve margins.

Net cash position with 849.9m cash on hands.

I think results has shown great improvement. 

Final dividend may increase. 

Please dyodd.

Chart wise,  bullish mode!

I think high probability it may reclaim 1.37.

A nice breakout smoothly plus good volume that may likely drive the price higher towards 1.42 than 1.485 with extension to 1.80. Huat ah!

Pls dyodd. 

 

I think high probability she may likely breakout 1.30 and rises higher towards 1.40 than 1.42-1.46. Please dyodd. 

Public transport fare hike: Adults to pay 10 to 11 cents more per journey from Dec 23

The Public Transport Council, which regulates bus and train fares, has granted an overall increase of 7 per cent as part of the 2023 fare review exercise.   

 I think breaking out soon!

Dividend for the interim six months period will be credited to your account today - 31st August, Awesome!

Please dyodd.

She is gaining strength and likely rise up to test 1.30 again!A nice breakout of 1.30 plus high volume would likely see her rising up to revisit 1.35 than 1.43.

Please dyodd.

 Total Revenue is up 1% to 1862m versus 1843m last year! 

Net profit of 78.5m is down 31.9% . If excluding the divestment gains from last year of 30.5m, Net profit is down marginally. 

Interim dividend increase from 2.85 to 2.9 cents.

Taxi operations also saw an improvement of revenue with lower discounts handling out! 

Cash Flow is good. So much cash on hands!

I think the results is not bad! 

Please dyodd.

She is rising up in an orderly manner looks rather bullish!

I think waiting for the next breakout moment!

results should be out by end of August,  dividend is coming!

Please dyodd.

 Chart wise, bullish mode!

Likely to rise up ti test 1.30 than 1.35 with extension to 1.45.

Yield is avoit 3.7% at 1.27.

NAV 1.18+.

She is due to report her first half results soon!

Pls dyodd. 

GD NEWS: Awarded a contract to operate rail services in Paris, France’s capital city.

— marks the Group’s first foray into France’s rail operations market and is a first by a Singapore company.

 Indeed, she has managed to conquer 1.21 and rises up to touch 1.23 looks rather positive!

High probability I think she may rise up to test 1.25-1.27 then 1.30-1.35.

Please dyodd. 

ComfortDelGro is one of the largest land transport companies in the world with a global workforce, a global shareholder base and a global outlook. 

The Group was formed on 29 March 2003 through the merger of two land transport companies - Comfort Group and DelGro Corporation. Both had started out in the 1970s and had, by the time of the merger, grown to become successful listed land transport companies. 

EN Corporate Profile Navigation ABOUT NETWORK INVESTOR SUSTAINABILITY TRANSFORMATION NEWS CONTACT CAREER CORPORATE PROFILE HOME / ABOUT US / CORPORATE PROFILE ComfortDelGro is one of the largest land transport companies in the world with a global workforce, a global shareholder base and a global outlook. The Group was formed on 29 March 2003 through the merger of two land transport companies - Comfort Group and DelGro Corporation. Both had started out in the 1970s and had, by the time of the merger, grown to become successful listed land transport companies.

Following the merger, ComfortDelGro has expanded significantly and now operates in seven countries and has a global fleet of about 34,000 vehicles.

ComfortDelGro’s businesses include bus, taxi, rail, car rental and leasing, automotive engineering services, inspection and testing services, driving centres, non-emergency patient transport services, insurance broking services and outdoor advertising. Apart from being the market leader in Singapore, ComfortDelGro has a significant overseas presence. 

The Group’s operations currently extend from the United Kingdom and Ireland to Australia, New Zealand, Malaysia, as well as across nine cities in China, including Beijing, Shanghai, Guangzhou, Shenyang and Chengdu.

Chart wise,  bullish mode!

Likely to continue to trend higher!

Short term wise,  I think likely to rise up to retest 1.20-1.21! 

A nice breakout smoothly may likely see her rising up further towards 1.25 then 1.30.

NAV 1.186.

PE 14x.

Dividend yield 4.11%.

Please dyodd.

Update: SSB(Singapore Saving Bond) - Last opportunity to secure an Average interest rate of 3.07 percent for this no-brainer Fixed income product as interest rate may cut in Y2024 and the interest rate yield may also going lower! Last day to apply is on 26th December 2023! Do take note!

 Update: SSB(Singapore Saving Bond) - Last opportunity to secure an Average interest rate of 3.07 percent foe this no-brainer Fixed income product as interest rate may cut in Y2024 and the interest rate yield may also going lower! Last day to apply is on 26th December 2023! Do take note!

I am going to apply some to secure for this golden opportunity to lock in 3.07% for next 10-year. 

Pls dyodd. 

24 10 years average interest rate is 3.07% which is much lower than last month rate of 3.4%. 

Total amount Offered is 1.1b.

I think the demand may be under subscribe!

 Is it still quite a gd rate I certainly think so!

Last day to apply is on 26th December 2023.

Pls dyodd. 

Results is out for Dec 2023 Batch.

All applicants will be alloted either 20k or 20m5k max. I think is not bad!

I think is a great interest yield of 3.4% for this fixed income product! It is backed by the gov. 

Applied this morning to secure some!

Gd luck to All!

Pls dyodd.

I am going to apply by this weekend for December SSB offering average interest rate of 3.4% foe 10 years. Seem a very good yield to me higher than CPF OA. 

Please dyodd.

 Wah, Dec batch is yielding 3.4% average for 10 years , seems good! 

Last day to apply is on 27th Nov 2023.

Offered Amount 1Billion.

Surely can get some.

Pls dyodd.

Results is out! I have secured fully for my application,  swee! 

Those who applied all being alloted with either 47,000 or 47,500. Bravo!

Waiting for next month announcements rate for December! I think might be the same or slightly higher.  

Last day to apply is on 26th October!

Pls dyodd.

 Stocks market is volatile! 

I think good time to Apply a bit for Nov series to secure a fixed average yield of 3.32 % which is much higher than CPF OA. 

Please dyodd. 

Wah, Nov series average interest of 3.32% is higher than Oct interest of 3.16%, awesome!

I think likely to see an overwhelming response! 

Total amount Offered is 1b. I think surely can get some.

Last day to apply is on 26th Oct.

Pls dyodd.

  

A safe and flexible way to save for the long term!

 I think is a very gd fixed interest income that is even higher than AH Kong OA interest of 2.5%.

I have applied for this Oct 2023 of which I think is

quite a gd yield for me!

Please dyodd.

 Wah, average 3.16 percent for Oct 2023 SSB, very good interest rate with little or no risk fixed income.  

Tomorrow last day to apply for Oct 2023 series. 

I have already applied hope for the Best! 

Don't miss out!

Last day to apply 26th Oct 2023.

Amount Offered - 800m.

Huat ah!

Please dyodd.

 This month average 2.99% interest for 10 years duration  is not bad! 

Application Start from 3rd July to 26th July 

I have been redeeming the old batch from 2018 and 2019 and re-apply for higher interest %. 

This is the best option/flexibility for SSB.

 Results is out for July SSB. All fully alloted!

Is under subscription for the total issurance of 600m.

 Singapore Saving Bond - one of the best option to park your cash to earn a higher interest that spread across 10 years.

This month bond offering start from 1st June 6pm onwards to 26 June 2023 9pm.

10 years average interest rate is 2.82%. Is quite good! 

SBJUL23 GX23070H in your CDP statement
Interest payment will be reflected as CDP-SBJUL23 in your bank statement
GX23070H in your SRS statement.

A safe and flexible way to save for the long term

The monthly issuance size of the Singapore Savings Bond (SSB) programme is S$600 million for this month. For more details, refer to the media release.

 Interest rate is Based on the table rate reflected on the website.
At the end of each year, on a compounded basis.

http://www.sgs.gov.sg/savingsbonds/Your-SSB/This-months-bond.aspx

Application may apply through: DBS/POSB, OCBC and UOB ATMs and Internet Banking and SRS. CPF funds are not eligible.

Invest amount : You can invest a minimum of $500, and in multiples of $500. The total amount of Savings Bonds held across all issues cannot be more than $200,000.

Interest Payment dates : Upcoming payment: 01 Jan 2024
Subsequent payments (until maturity): Every 6 months on 01 Jul and 01 Jan

Each Savings Bond has a term of 10 years and pays interest every 6 months. Savings Bonds cannot be traded like conventional bonds or shares. Interest income is exempt from tax. Only individuals above 18 years old can apply.

 Savings Bonds are fully backed by the Singapore Government. And because the bonds can always be redeemed for the full amount invested, investors are protected against capital losses when interest rates change. This makes them one of the safest possible investments for individuals to hold.

Save up to 10 years, and earn interest that “steps up” or increases over time. Hold your Savings Bond for the full 10 years and receive an average interest per year that matches the return from 10-year Singapore Government Securities yields, which has generally been between 2%-3%.

Flexible : 
 Or, choose to exit your investment in any given month, with no penalties. There is no need to decide on a specific investment period at the start.

Just received my interest this month, awesome! 

CapitaLandInvest (9CI.SI) - I think boat is back! The current price is yielding 4.04 or 5.05 estimating Final dividend of 12 cents to 15 cents! Do take note!

At 2.97 yield is about 4.04%( Final dividend of 12 cents) Or 5.05 is Final dividend is 15 cents.

NAV 2.84.

I think good opportunity is back! 

Nibbled a bit at 2.95. Collect dividend while waiting for price to recover.

Pls dyodd.

 CapitaLand Investment  - Results is out, not bad! Total Revenue is down 1% to 1345m, Operating PATMI is dien 1% to 344m, recurring FM fee grow by 10% to 183m, awesome!

I think Results is not bad and Operating profit is quite stable!

I think yearly dividend of 12 cents is sustainable and may be see further increase if FM fee grow faster than expected! 

I have nibbled 

  

"CapitaLand Investment remains steadfast in being a trusted partner as we strengthen our position as a leading global real estate investment manager which delivers high quality returns."

After a successful demerger from the development business of CapitaLand Limited (“CapitaLand” or the “Parent Group”), CapitaLand Investment (CLI) was listed on SGX-ST on 20 September 2021. This transformative transaction created one of Asia’s leading listed real estate investment managers (REIM) and one of the largest REIMs in the world. Since day one, we have focused on putting our proven track record of investment management and fee income growth to work — unlocking more long-term value for our shareholders. 

CLI’s investment management leadership in Asia began about two decades ago, when we listed Singapore’s first real estate investment trust (REIT), CapitaLand Mall Trust. Today, our six listed funds across Singapore and Malaysia hold a Funds under Management (FUM) of approximately S$60 billion. 

And that’s only part of the real estate portfolio that we’ve built — over S$29 billion FUM are also managed through a comprehensive and expanding private funds platform comprising more than 30 private vehicles.

​Including assets held directly by CLI as well as assets managed through our global lodging platform, CLI oversees S$133 billion in Real Estate Assets Under Management (RE AUM).

In addition to Singapore, CLI’s core markets include China and India. But our boots on the ground extend far beyond that, to markets across Asia Pacific, Europe, and the USA. Our real estate and management expertise has helped us amass a diversified portfolio of recognisable brands, operating platforms, and asset classes which include retail, office, lodging, business parks, industrial, logistics and data centres.

CapitaLand Investment's (CLI) listed funds business comprises five REITs and business trusts listed on the Singapore Exchange and one on Bursa Malaysia, with a total market capitalisation of S$32.2 billion¹. Our listed funds portfolio is focused on driving sustainable distributions and increasing value for our unitholders.

Over time, we have built a strong track record as a Sponsor, making sure our listed funds are always efficiently structured and well-positioned for continued growth.

CapitaLand Investment managed the listed reit companies like Ascendas REIT,  CapLand China Trust,  CapLand Ibdia Trust,  CapitaLand Integrated Commercial Trust and Ascott trust. 

• CapitaLand Investment (CLI) owns and manages over 1,000 quality properties across the globe, providing a wide range of integrated real estate solutions for work, live and play. The current assets pipeline on CLI's balance sheet provides a diversified stable of high-quality assets with visible monetisation potential.   
  
  With a full stack of investment and operating capabilities, we present a unique value proposition for our partners, investors, tenants and customers.