Friday, 16 June 2017

More of ComfortDelGro

CDG's price has fallen to a 3-year low, amidst competition from Grab & Uber on it's Taxi business.

Depending on how you look at it, this makes the current price of $2.44 attractive in my opinion.

SG Young Investment did a nice analysis of CDG: ComfortDelGro Stock Analysis

With that in mind, I have added 600 shares in CDG. With my previous purchase of 400 shares at $2.60, this purchase of 600 shares at $2.44 brings down my average share price to $2.50. It's still a little high but let's see where this will go, especially with the recent announcement of the opening of DTL Stage 3 in October 2017.


More of ComfortDelGro

CDG's price has fallen to a 3-year low, amidst competition from Grab & Uber on it's Taxi business. Depending on how you look a...