Target Price for ComfortDelgro?

cocololo : Thanks for the summary!

salmongennie : Usually for target price Will be zhun or not ?

102899562 salmongennie : minus 10% ba...

blueamoeba OP : One more Citibank - 1.88. I wouldn't take TP blindly. But the fact is that it is at a historically cheap now and with a very health balance sheet.Moving ahead, if vaccination drive in SG goes smoothly then underlying conditions for comfort to do very well is there. Potential major catalysts inc. the Australian assets being sold at good value for shareholders and the "arguably" zero cost call options on potential changes to the DT line contract strucutre.Risk factors are new spikes in covid leading to fresh lockdowns (which I think is unlikely if vaccination goes well). There is the Grab IPO around the corner too but Comfort's diversified business should be able to do well nevertheless (and in fact Comfort as a whole has been doing decently despite ride-hailing businesses). Good reminder that taxi revenue is only around 15% of Comfort's overall business - they own 75% of SBS and have significant operations across the world, a proper transportation conglomerate, which will recover well as Covid goes away    

chubbybunny salmongennie : I take it as these institutions believe in comfort delgro and believe the price will be higher.

Wnuff : Managed to take partial profits at 1.68 yesterday. Have you guys manage to take profits as well?

chubbybunny Wnuff : Waiting for dividend. It's quite a good dividend

TanKH : OCBC already raise its TP to 2.00

GM 1 : What about the news on the tender to build EV charging stations islandwide ?