ComfortDelGro(C52.SI): Grow or No Grow?

ComfortDelGro(C52.SI): Grow or No Grow?

ComfortDelgro will be announcing its 2Q result tomorrow on 11th August.

This column is written by @j_chou from InvestingNote.com.
@J_chou has an interest in global macro trends, financial markets and equity research and enjoys applying a combination of the three in his investments. His eventual investing goal is to manage a risk parity portfolio and achieve true financial freedom.

A component of the STI, Comfort Delgro was once championed as a stable dividend paying stock with a strong economic moat. Recent disruptions in the taxi industry have since changed that view, causing the stock to tumble to its 52-week low despite a relatively muted 1Q17 earnings report. Investors were likely concerned with the falling revenue and operating profits, mostly attributed to the decline from the taxi segment. The share price has since recovered slightly from its 52-week low to $2.310, but there is still an opportunity to capitalize on the negative sentiments towards the company. In this article I will look to determine whether Comfort Delgro is ripe for a contrarian play by assessing its long-term prospects from a bullish, neutral and bearish perspective for the next 5-10 years.

Comfort Delgro: Much more than just a taxi company

The distinct blue and yellow taxis that peppers the streets of Singapore may cause investors to mistake Comfort Delgro as primarily a taxi company.

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Amazon Prime in Singapore: A Game Changer?

Amazon Prime in Singapore: A Game Changer?

Amazon Prime is slated to change the retail scene in Singapore. Or will it?

This column is written by @j_chou from InvestingNote.com.

@J_chou has an interest in global macro trends, financial markets and equity research and enjoys applying a combination of the three in his investments. His eventual investing goal is to manage a risk parity portfolio and achieve true financial freedom.

@J_Chou is vested in $BABA

Singapore and Southeast Asia’s growing E-commerce industry

According to a 2015 report done by Google and Temasek Holdings South-east Asia’s Internet economy is expected to surge to US$200 billion by 2025, driven by a growing middle class and greater accessibility to the Internet. For Singapore, the e-commerce market is projected to grow at 32% CAGR to be worth US$5.4billion in 2025. The Prime Now launch reaffirmed the importance of South-east Asia for digital commerce, with Singapore chosen as a testbed likely due to its tech-savvy, affluent citizens and accessibility to the rest of the region.

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Magnus Bocker, Ex CEO of SGX, Passes Away

Magnus Bocker, Ex CEO of SGX, Passes Away

Magnus Bocker, who led the SGX after the global financial crisis, has died of cancer at the age of 55. Here’s how SGX faired under him.

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Prior to Mr Bocker’s role as SGX CEO from 2009 to 2015, he was the President of the Nasdaq Stock Market, and before that, he was the creator of OMX, the Nordic exchange. Mr Bocker held over three decades of experience in the financial industry and was often regarded as a driving force for change.

Here’s a recap of Magnus Bocker’s journey and some of the significant events during his tenure with SGX:

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Contrarian Investing Part 2: Lessons from Templeton

Contrarian Investing Part 2: Lessons from Templeton

Stock Picking Strategy Series: Contrarian Investing Part 2: Lessons from Templeton

If you like this column on contrarian investing and applying to stock analysis, please start voting which stocks you would like them to write on in their next article! This is your chance to interact with them and they will write on the most voted stock of your choice!

How to vote: Comment any of the 4 listed stocks of your choice mentioned in the article (M1, Comfort Delgro, SPH, SIA Engineering). The most number of likes/comments by Monday morning will be chosen. It’s that simple!

Voting starts now and ends on Monday (31st July) when market opens (9am)!

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Disclaimer: this article simply provided analysis on stocks from the fundamental perspective, it does not represent any buy/sell recommendation from Investingnote. *All the dollar unit ($) in this article refer to SGD.

This column is written by @j_chou.
–Jay has an interest in global macro trends, financial markets and equity research and enjoys applying a combination of the three in his investments. His eventual investing goal is to manage a risk parity portfolio and achieve true financial freedom.


With S&P 500 and NASDAQ closing at record highs today and VIX Index at a 23-year low, the timing seems ripe to revisit the contrarian approach!

Besides Dremen, another famous investor whom we can learn the contrarian approach from is Sir John Templeton.

Known for his acumen in global stock-picking, Templeton’s principles of purchasing at “maximum pessimism” pushed him towards stocks that had been entirely neglected. His story of profiting off the Great Depression is legendary: in 1939, he purchased $100 worth of every stock which was trading below $1 per share on the New York and American stock exchanges. This totalled about 104 different companies, a whopping 34 of which were bankrupt, and Templeton’s initial investment was $10,400. After four years, he managed to sell those shares for nearly four times the money he had initially invested. His genius proved to be timeless, as yet again in 1999 during the dot com bubble he famously predicted that 90% of the new Internet companies would be bankrupt within five years, and he very publicly shorted the U.S. tech sector.

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Noble Group Singapore: Share Price Sinks On News

Noble Group Singapore: Share Price Sinks On News

The share price of Noble Group tanked almost 50% today upon news of its strategic review.

 

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Noble Group announced that it will continue to focus on debt reduction by selling its Global Oil Liquids and North American Gas & Power businesses. Net proceeds from the sales, along with proceeds from a new asset disposal programme comprising certain of the group’s assets located outside North America, will generate significant cash proceeds to allow the Group to retire 2 of its secured borrowing base revolving credit facilities, as well as reducing the group’s remaining debts. The commodities trading group also issued a loss warning for 2Q17.

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Amazon Is Coming To Singapore: What You Need To Know

Amazon Is Coming To Singapore: What You Need To Know

Update: Amazon’s launch is official. Amazon has made its way into Singapore.

Amazon Prime Now app is now available for download on the app stores.

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From The Straits Times news, Amazon is using Singapore as a gateway to enter the Southeast Asian market.

The launch, according to the portal, will see services such as Amazon Prime, Amazon Prime Now fast delivery and Amazon’s e-commerce services made available to Singapore’s population, which numbers over five million people.

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5 Things To Know About Aspen Group Holdings before IPO!

5 Things To Know About Aspen Group Holdings before IPO!

A quick look at ASPEN GROUP HOLDINGS prospectus before its IPO!

We chanced upon Aspen Group Holding’s IPO booth at Raffles Place last Friday and collected a copy of their super thick prospectus! The company seems to have put in a lot of effort for good reason, given the lack of hype surrounding this IPO. We decided that the report shouldn’t go to waste and we scoured some some preliminary facts to share with anyone that is interested in a last-minute IPO application!

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What you need to know about Union Gas IPO

What you need to know about Union Gas IPO

Union Gas Holdings is an established provider of fuel products in Singapore with over 40 years of operating track record, is offering (IPO) 60M shares at $0.25 per share on the Catalist board, which will value the company at around 50M.

1.28M shares will be available for the public with the rest via placement. It will start trading on 21st July, 9am.

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