
Coming monday will drop further more. Dow drop on Friday.
Now not the timing fr SMRT
I  guess a lot of people wiating to see how SMRT and LTA share the 900 mil cost.  One thing is clear.....infrastructure maintenance cost e.g. train track maintenance cost is bear by LTA.
Invest now and see return in 2 years time ?  Anyway, I bought some but hope the company able to maintain similar dividend payout (will be lower but not too low) like past years.
Keep our fingers crossed.
Any catalysts at sight???
second days consolidation alr....  next week is buying week~
Technical players may agree that this can be a continuation pattern in the making now... 

 
At that price, might also need a long time for it to move up.....park money there for 2 years.....
Thanks hor sifu... Me looking into it.. Want to invest some  

iPunter ( Date: 04-May-2012 00:32) Posted:
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Just checked the chart... there was a low of 1.42  in 2008..  

iPunter ( Date: 04-May-2012 00:28) Posted:
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If I'm not wrong, it's around 1.50... 

JUNWEI9756 ( Date: 03-May-2012 23:35) Posted:
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Sifu what's its all time low ah ??
iPunter ( Date: 03-May-2012 22:52) Posted:
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Perhaps it may get some support at the all-time low?... 

 
yes possible...
Sept11 ( Date: 03-May-2012 22:25) Posted:
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My TP ------> $1.50. Possible ?
The price action yesterday and today is not too promising...
        Not worth a bet... Neutral with downward bias...

Note Temasek holding > 50%, GIC holding ? %. Not that easy.
niuyear ( Date: 03-May-2012 13:36) Posted:
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THis counter deserves to be shorted.............
Anyone huat arhhhhhhhhhh .............hahaha!
Lowchia's link is easy to surf, no stubborn pop-ups and you can x it to come out without any problem to SJ.
This is a good way of doing linkage.
His write-up is also very educational.
Thank you.
lowchia ( Date: 29-Apr-2012 19:45) Posted:
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I don,t think gov will nationalise SMRT bcos this is not their line of thinking, secondly they want a scapegoat to ans to the public. If gov does not support with renewing the trains and tracks, the only way is to raise fare (spore MRT is still cheaper than HK's MTR). With COE reducing its nos, and skyhigh COE, more pple will take to MRT. This is going to a political cost if not solved properly.
Look at housing, they  had quietly by not building suff HDB flats so as to push pple to buy from private dev  in the last 10 yrs b4 election. Wah, now building a lot ECs as well.
Look at the police force, also same thing.
If there is no set back at the election, the next sector they are going to quietly " privatise" is education.
lowchia ( Date: 29-Apr-2012 19:45) Posted:
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Will face selling pressure in the short term......wait till dust settle and see how
Maintenance is a on going process and as we build more lines, the system become more complicated.......
Temasek has 54.8% direct shares of SMRT.