
In today’s briefing:
- Comfortdelgro (CD): Stable Vs Volatile SIA
Comfortdelgro (CD): Stable Vs Volatile SIA
- It is a recovery play yet its has lagged to SIA. 3 year basis, Comfortdelgro is -46% yet SIA has recovered to only -15% despite the former having better numbers.
- SIA Free Cash Flow is often in red while Comfortdelgro’s has been consistently on the green. 2021 Comfortdelgro’s FCF was SGD +433 million while SIA was SGD -83 million.
- Taxi demand has gone up through the roof judging from the price you have to pay.
Before it’s here, it’s on Smartkarma
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