ComfortDelGro is a good case study how a competitor can impact it share prices. When Uber was bought by Grab, it went into an uptrend as the price war stopped.
Good time does not last for ComfortDelGro as Gojek came into the market and it went back to a downtrend.
Unless Grab bought over Gojek, else ComfortDelGro share price might go sideways once a bottom is reached.
Sin Heng - Stock calls
-
Date
Analyst
Company
Last
Target
Call
Valuation
04/21/25
SIAS
Sin Heng
0.58
0
Reject Offer
DCF & PER24x
1 hour ago

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