Comfort Delgro

[weijian]

Good, thoughtful post Weijian. I suggest receding interest rates should also help propel CdG’s share price. It currently has more than half a billion in debt. The competitive challenges arising from Uber, Grab should be well understood (and contained?) by now. I believe the challenge CdG’s management faces is boosting its ROA, ROE - currently sitting at a mediocre 3%, 6%.

Vested

hi RBM,

I don't think there was an "thoughful-ness" in my earlier post. But I reckon you were generous with VB moderator.

Receding interest rates may reduce its interest costs, and this will flow to the bottom-line - As a result, the P/L will be probably be better. I am not sure how CDG's share price turns out. For all we know, Mr Market may decide to assign a lower valuation (eg. lower P/E) and hence share price may actually not move.

P.S. From 1 old VB to another: a healthy reminder to focus on the asset/business/structure. Everything else is a byproduct.