$COMFORTDELGRO CORPORATION LTD(C52.SI)$temasek coming to prop up the share. Reason 1) due to being a essential business( public transport) 2) Indirectly owned thru singtel. 3)it got potential of making big money.but have to change all their infrastructure when ev is the norm. Eg. Their fleet need to change to ev., invest in Power charging pt.,even their workshop hv to change, viacom ( no more). For those who own viacom better get rid off. Need to change business model ,this cost money.

Imagine: temasek buy more share & push up the price. Helping Singapore mkt to go up and at the same time making money in long run. Also if price go up ,the company can borrow cheaper to invest in infrastructure. All win win situation. Remember all public transport is cash cow. Even loss money ,government will step in to help and give money to make it profitable. Remember government buy buses for bus companies to run.!!!!!. 

Now is the right time to accumulate. Temasek is killing 2 birds with one stone. Or 3 birds!