ComfortDelGro - the last few days transacted price is very gd and price has shoot up from 1.50 to close well at 1.64, looks like Big Boys are playing!
Short term wise, I think we may likely see a pullback from the current price level! After this break, it may rise up to re-attempt 1.64 and a nice breakout with ease we may see her rising up further towards 1.80 and above.
1st Half year results will be out in mid August, expecting them to declare a higher interim dividend. Last year interim dividend was 3.52 cents.
Estimate 3.8-4 cents interim dividend.
Pls dyodd.
23rd July 2025:
ComfortDelGro - Yesterday, spotted some buying interest and pushed up the price to close 2 cents higher at 1.47 , looks rather bullish likely to continue to trend higher towards 1.50!
The volume still not quite high enough to indicate Big Boys have yet to accumulate enough! I think price may continue to climb higher towards the first Half results in August cum interim dividend!
Beyond 1.50, she may rise up to retest 1.55 and above.
Pls dyodd.
https://sporeshare.blogspot.com/2025/07/comfortdelgro-last-few-days-transacted.html
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