SINGAPORE (March 21): OCBC says encouraging indicators seen in the recent few months up to Jan 18, point to a more stabilised earnings environment for Singapore taxi operators.
Coupled with the prospect of higher taxi and train fares, this bodes well for ComfortDelGro, whose stock is down 20% in the past year.
OCBC is maintaining its "Buy" on ComfortDelGro, with...(click on link for full story on theedgesingapore.com)