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Friday, May 24, 2013

Comfort Delgro, a comfortable one indeed


A global transport company with major operations in Singapore, as well and UK and Ireland, Australia, China and minor operations in Vietnam and Malaysia.

ComfortDelGro has expanded significantly and now operates in seven countries and has a global fleet of about 45,800 vehicles.

ComfortDelGro’s businesses include bus, taxi, rail, car rental & leasing, automotive engineering services, testing services, driving centre, insurance broking services, outdoor advertising and car dealership.



Below in their FY2012 financial highlights and they are growing decently throughout the years. 

  The graph above highlights their successful growth track record since 2008. This stock is a good stock to own despite the recent drop of $0.255 due to the sell down of major share holder, Singapore Labour Foundation.

This could mark a decent opportunity to buy into the stock and hold it forever.

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