I believe everyone has the similar mindset of Uber and Grab's impacting big time on Comfortdelgro. Please don't take me wrong, i love Uber & Grab. i takes Uber and Grab at times too.
We all knew Grab and Uber had been in SG for quite a while, but how much impact has it on Comfortdelgro? Many say "very damaging". For me, i only look at the record book (Quarter Report) of Comfortdelgro. Comfortdelgro's quarter report had been increasing every q on q. Yesterday, Comfortdelgro delivered another round of perfect result. Reason is very simple, Comfortdelgro diversify its business units such as Rail (Purple & Blue MRT line under SBS), Buses (under SBS as well), Car Inspection (Under Vicom), learning center, rental services and more.
Don't need to say much.
Dividend increased from 5 cents to now 6.05 cents/share.
Dividend payout had been increasing year on year as well.
Power of Value Investing.
Continue to believe!
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