Reply to @Lunner : yup! driver has more preference to choose which operator that will provide them the best and flexible way that suit their lifestyle.
Question is whether public transport can offset the expected lower in taxi, automotive engineering, inspection revenue? Challenging times ahead, CDG must focus on cost management and play offensive against Uber/Grab treat.
Reply to @Lunner : Yes, hopefully Public Transport Services will be the saviour. Possible upside from BCM full year contribution, regulations for private car etc. Unlike SPH, CDG business is more defensive, bus, train, car inspection will be there for a long time.
One off Spike , sustainable momentum or further growth?
Price likely to be under pressure with so many attention on Grab, Uber and new operator for electric taxi. Rev likely to be affected.
Reply to @Lunner : yup! driver has more preference to choose which operator that will provide them the best and flexible way that suit their lifestyle.
Question is whether public transport can offset the expected lower in taxi, automotive engineering, inspection revenue? Challenging times ahead, CDG must focus on cost management and play offensive against Uber/Grab treat.
Reply to @Lunner : Yes, hopefully Public Transport Services will be the saviour. Possible upside from BCM full year contribution, regulations for private car etc. Unlike SPH, CDG business is more defensive, bus, train, car inspection will be there for a long time.
Vested in CDG and Vicom.