Roamer

In the end, the uber tie up has not materialise into a visible turnaround for CDG Taxi segment. I continue to reiterate my target of $1.60 for CDG shares. See how it goes.

raymondfoo

I think the full blown negative market condition is not fully reflected in this quarter result. Maybe we can wait till the next quarter.

seba240698

Reply to @raymondfoo : But the full blown effect of bus contracting model, the DTL profit, the appreciating of the pound and the acquisition of the Australian Swan Taxi have also not been fully reflected in the 3Q results yet. We should wait for Q4 to see a better overall results.

axlwong

Actually they exceeded expectations, seeing how some were even anticipating that they'll make losses due to the unused cabs etc.

seba240698

Reply to @axlwong : There are there waiting to be scrapped, now they scrape at 6 to 7 years instead of the 8 years previously. Get back COE and stop paying road tax and insurance..

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