The red in my portfolio – Comfortdelgro down 15.45%

I have blogged quite a few posts about my buy in to ComfortDelgro (CDG) and why I thought it was a good buy. albeit being overvalued when I calculated the company’s actual intrinsic value.

Today, I would have to eat my words. And it is indeed because I chose to pay a premium for the stock in the beginning at $2.33. Continue reading “The red in my portfolio – Comfortdelgro down 15.45%”

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ComfortDelgro stock price rises by 8.76% – BIG announcement

I have some good news to share.

Wait for it…

I passed my driving test!!! On the first attempt! How lucky I was to get a nice Traffic Police. Phew. I’m glad that’s over.

Oh wait, okay. I’m sorry. Perhaps this wasn’t something you wanted to hear. :p

Let’s go ahead with the REAL announcement.

While heading back home after my driving test, I opened the “My SGX” app to check on the latest stock prices. That was when I saw a big increase for ComfortDelgro’s stock price.

How much increase did I observe? Continue reading “ComfortDelgro stock price rises by 8.76% – BIG announcement”

ComfortDelgro – 2Q/1H 2017 Financial Results Analysis

With the recent release of ComfortDelgro 2nd Quarter financial results for 2017 on 11th August 2017, I saw a lot of brackets. Brackets, as you know, represents a decline in financial status as compared to the previous year’s results, and can have a negative or positive effect.

I would not say that this is their best performing quarter. In fact, many of their business segments have reported a decline in revenue except for their Public Transport and Driving Centre Services. Continue reading “ComfortDelgro – 2Q/1H 2017 Financial Results Analysis”

Investing in ComfortDelgro is a mistake?

Just recently, I bought some shares in ComfortDelgro and also shared that in my portfolio updates for July 2017. I have signed up for the Technical Events alerts under my POEMs account. Everyday, they will send a list of stocks that are either “bearish” or “bullish” after going through some form of automated technical analysis called Chartwhiz. Not that I am actually interested in the analysis itself, but because I am still new in the stock market so I get exposed to the different stocks and their names.

It just so happened that ComfortDelgro appeared in the “bearish” section a couple of times. Continue reading “Investing in ComfortDelgro is a mistake?”