Sunday, April 8, 2018

CDG annoucements

So CDG is going to make a purchase of a non-emergency transport service in AU. It is 30million AU and about 5.5 times of EBITA.

Since CDG obtains about 300 m yearly from its operation cashflow, this won't have significant impact on its cash flow.

Its good CDG is looking into expansion and new revenue growth.

Good to continue investing.