- Government hint on rising fare
- New rail asset light model to further increase bus segment's revenue
- Downtown to generate profit
- M&A in 2017 to contribute to full year profit
- More M&A opportunities
- Scrap LGR deal
- Grab may concentrate on SEA business rather than fight CDG
- Taxi vs PHV competition should normalize with Uber's exit
I did a conservative DCF with a -1.7% revenue for the next 5 years and 0 growth till perpetuity with a 12% discount rate. The fair value is $2.27.
Will CDG be so bad to have 0 growth and a shrinking top line?
0 comments:
Post a Comment