Friday, May 14, 2010

ComfortDelgro

ComfortDelgro flat at $1.49 pending 1Q10 results due after market close. Investors will be keen to watch its costs in wake of rival SMRT's spike in operating expenses, which led to the train operator’s 41% drop in 1Q earnings. But ComfortDelgro's share price has not moved up as much as SMRT so the relative downside may not be as bad.

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