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103047790OP :
I see it more as a global transport company rather than a taxi company. taxi business is just one of their business. Hopefully, with china and uk and other country opening up it will improve the share price. Especially the Australia’s IPO!
JSwin :
it depends on what kind of investor you are. if u look at their balance sheet they are very strong. Comfort is the majority shareholder of SBS..hence its a very stable stock that probably wont give u surprises over time. Then look at the current SG market or even US stocks, which one is outperforming in the same league? Almost everyday stocks are in red.
If you are looking at capital gains, probably can try other stocks.
103047790OP :
Although don’t expect a fast capital gain…but from covid 2020 till now the share price is almost the same level. As a investor, we can’t be just hoping for dividends while the share price is not moving up! Looking at the movement of the stocks, even with good news there are always “someone” trying to push it down…ha
TRIUMPHANT RETURNS103047790OP:
10k plus taxi drivers pay $90 rent on every nite, SBS buses, downtown, NE line, sengkang n Punggol LRT...selling fuel diesel petrol electric to taxi, driving learning center, car rental biz, car repair biz. This is a major cross section of SG TRANSPORT SYSTEM.
103047790OP : I see it more as a global transport company rather than a taxi company. taxi business is just one of their business. Hopefully, with china and uk and other country opening up it will improve the share price. Especially the Australia’s IPO!
Jacky_888 : It’s a joke to use the reduced share price to pay my dividend. Like using my own $ to pay myself … wtf
103047790OP : Ya. Quite sad
心急吃不了热豆腐 Jacky_888: I didn't even get the dividends aand im stuck in thos garbage stock. Better off buying shengsiong and hold for next year dividends
JSwin : it depends on what kind of investor you are. if u look at their balance sheet they are very strong. Comfort is the majority shareholder of SBS..hence its a very stable stock that probably wont give u surprises over time.
Then look at the current SG market or even US stocks, which one is outperforming in the same league? Almost everyday stocks are in red.
If you are looking at capital gains, probably can try other stocks.
103047790OP : Although don’t expect a fast capital gain…but from covid 2020 till now the share price is almost the same level. As a investor, we can’t be just hoping for dividends while the share price is not moving up! Looking at the movement of the stocks, even with good news there are always “someone” trying to push it down…ha
TRIUMPHANT RETURNS 103047790OP: 10k plus taxi drivers pay $90 rent on every nite, SBS buses, downtown, NE line, sengkang n Punggol LRT...selling fuel diesel petrol electric to taxi, driving learning center, car rental biz, car repair biz. This is a major cross section of SG TRANSPORT SYSTEM.