Comfort Delgro and Capitaland Ascott Update

In 2022, I posted that I was still buying Capitaland Ascott Residence Trust and Comfort Delgro and was looking forward to an EPS recovery:  

BuyafterCrash: Singapore Stocks I am still buying

 

ComfortDelgro's EPS got hit bad by COVID.

Fast forward 3 years later to 2025, we can see CDG's EPS continuing to recover with the latest being an EPS of 10.43. This is still lower than pre-COVID. If you are an optimist it just means that CDG still has further room to grow its EPS to pre-COVID levels. If you are a pessimist it means that CDG's management hasn't executed its strategy as well as it should have as we should be back to pre-COVID EPS by now (especially with inflation baked-in).

Finally, it's good to see CDG stating its dividend policy, which is 80% of PATMI. A reasonable number, given that it is a cash rich company. I am happy with my current holdings of CDG and won't buy more. My plan is just to hold it for the long term and collect dividend.

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As for Capitaland Ascott, I can't find a handy table, but the earnings per stapled security (diluted) are:

2019: 8.99 cents

2020: -7.69 cents

2021: 9.32 cents

2022: 6.25 cents

2023: 6.07 cents

2024: 5.95 cents

2025: 8.07 cents

So ART is slowly recovering as well, but still not back to pre-COVID levels.