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Dont lose focus. With other stocks high rocketed and some into uncharted lala land, this is a presented opportunity. This stock may be clobbered for now, once the issues are resolved with incoming fare hikes (you and i have to foot some of the 900m maintenance if you take the trains), the stock price will bounce back. This company is NOT going to go burst anytime soon. I will definately BUY when the stock price stabilized.
With cars and taxis so expensive and MRT breaking down so frequently. Better start learning to ride a motor bike.
NOT JOKING.
How long will the MRT be shut down for 900 million maintenance work?
si liao, those who has no cars or motobike, must learn how to take bus..
Dropped from 1.825 to 1.735 and then now is 1.70.
More down side expected, see how they perform when the quarter report out on 30 Apr 12...
rutheone1905 ( Date: 25-Apr-2012 14:52) Posted:
Today a huge gap down n similar gap up will occur tomorrow unless today recover all the lost. Dividend is for last yr performance so would be affected unless they play insider........hee accountants should know lar |
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Those who died down in the track, now come back to make their cliam...
SMRT better go do the Prayer ceremoney lar... like when we in army , 9 religions. prayer session...better do than sorry, 900 million now, next time, they might have to pay more. Never say never...
infancybird ( Date: 25-Apr-2012 13:32) Posted:
Now you know the earlier price increased is designed to cushion this expected downfall after the 900 million announcement.
A form of SGX approved manipulation by the SMRT mgt or govt related coy.
albeniz ( Date: 25-Apr-2012 12:48) Posted:
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Immediately after the announcement of going to spend $900 million to fix train problems, the stock price plunges from $1.825 to $1.735? |
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Today a huge gap down n similar gap up will occur tomorrow unless today recover all the lost. Dividend is for last yr performance so would be affected unless they play insider........hee accountants should know lar
Now you know the earlier price increased is designed to cushion this expected downfall after the 900 million announcement.
A form of SGX approved manipulation by the SMRT mgt or govt related coy.
albeniz ( Date: 25-Apr-2012 12:48) Posted:
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Immediately after the announcement of going to spend $900 million to fix train problems, the stock price plunges from $1.825 to $1.735? |
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900 mil is about its one year revenue, but not the whole 900 mil pay by SMRT.
Earlier the company announced its dividend pay out policy remains unchanged, but not sure how much they can pay this time round. Lets see what happen on 30-Apr.
Immediately after the announcement of going to spend $900 million to fix train problems, the stock price plunges from $1.825 to $1.735?
Price increases to 1.825 now. Is it because of the high 90k COE? More people will turn to public transport, expected increase in ridership encourages the increase in share price?
SMRT has been rising from 1.74 to 1.805 recently despite
the recent frequent breakdowns over the last few days.
Anything in the brewing?
Seems quite gravity-defying.
SMRT got players now??
Noted that UBS always rated SMRT on the low side. So read their write-out with care.
COI hearings on MRT distruptions start on April 16
16 Feb 2012 11:05
The Committee of Inquiry (COI) said hearing into the cause(s) of the MRT service disruptions on Dec 15 and 17, will commence on April 16, 2012.
The hearing, which is open to the public, will be held at Court 1 in the Subordinate Courts.
The COI said the date of hearing was set after ascertaining the time needed for investigations.
The COI said it understands that there is a need for the Criminal Investigation Department (CID), Land Transport Authority (LTA) and SMRT 'to carry out very thorough investigations before a meaningful public inquiry can be conducted along the Terms of Reference prescribed by the Minister of Transport'.
The COI was appointed by the government to inquire into the cause(s) of the two major MRT service disruptions in 2011.
Source: Business Times Breaking News
yes sifu
iPunter ( Date: 01-Feb-2012 21:04) Posted:
Lol... you really don't need anyone...
But it is good to remember forever not to " mau" ... lol... 
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Lol... you really don't need anyone...
But it is good to remember forever not to "
mau" ... lol...
