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1M50 CPF millionaire in 2021!

Ever since the CPFB introduced a colorful pie chart of our CPF savings a few years ago, I would look forward to mine every year like a teena...

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Recent Comments

AK71 commented on sold alibaba for 51 gain: “Hi SgFire,Taking profit is never wrong. Gong Xi Gong Xi. :)”
AK71 commented on dbs share price to stay higher for: “Hi jeff, Apologies for the slow reply.I remind myself that…”
SgFire commented on sold alibaba for 51 gain: “Hi Ak, took profit on baba and sitting on profit with…”
jeff commented on dbs share price to stay higher for: “Hi Ak, im new to investing the banks now are rather pricey,…”
jeff commented on dbs share price to stay higher for: “hi ak,Im new to investing, however now the banks are very…”
AK71 commented on dbs share price to stay higher for: “Hi Yv,Huat Huat 2025 to you too! :)”
AK71 commented on dbs share price to stay higher for: “Hi bunny,Nope. Not adding.Last time I added was before they…”
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Unknown commented on dbs share price to stay higher for: “Hey AK, I am new to stock. Do you know if I were to buy DBS…”

ASSI's Guest bloggers

UBER and GRAB why you so like that?

Saturday, March 31, 2018

Reader says...
Hi Ak! I'm sure you'll be getting this a lot now. What do you make of the news that uber is giving up sea? What does this mean for cdg should the purchase of lcr go through or not?

Seems like there will be less promos from grab, but they will also have larger market share than cdg post merger.

Can't seem to decide if it's positive or negative!!



AK says...
The move to purchase a stake in LCR was not even a consideration when I decided to invest in ComfortDelgro.

 I looked at the numbers and decided that the dividend was sustainable.

 Of course, what I did suit my purpose.

It probably does not suit everybody and, I am willing to hazard a guess, the speculators. :p

(I try to keep things simple because I am not a very smart guy.)

 Bad AK! Bad AK! ;p



Related post:
Analysis of ComfortDelgro.

Posted by AK71 at 10:31 PM  

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