SMRT   

SMRT

A change in CEO may be positive for SMRT!!

 

OMG..Oh no...after nine years of waiting and no cue, was it  Saw saw  failure?, Now expert in everything liao.

Saw
Memory
Reassursed
Towkay
Jialat liao and  lagi Jialat for  S.M.R.T. commuters.

 

Kim Eng research on SMRT

http://sg-shares.blogspot.com/2011/12/smrt.html 

 

Don't buy anything, keep cash, cash will be king in a deflationary environment.

A good buying time for stock will be in late 2012 or latest spring of 2013.

My personnel analysis.

Disclosure: I am out of the mkt except trading now and then, so i am bias  

Isolator      ( Date: 21-Dec-2011 14:51) Posted: Please take note..... The WORSE of Singapore economy has not come.... but soon within this 3 years..... So better park some fund outside of Singapore... Buy some GOLD Bar to keep.... lol

 

Please take note..... The WORSE of Singapore economy has not come.... but soon within this 3 years..... So better park some fund outside of Singapore... Buy some GOLD Bar to keep.... lol

 

That is true, but what to do?

      There are full of silly, ignorant and oblivious people who could change things but they didn't...

              And they are the ones who brought about the woes of many others who knew better ...

                      A very sad state of affairs indeed...  

lausk22      ( Date: 21-Dec-2011 14:08) Posted: In 50 years, Singapore has moved from the 3rd to 1st World. This is largely driven by our obsession for economic development over everything else. To achieve economic results, our policies are formulated towards Profit And Profit by making the masses Pay And Pay for all public and commercial goods and services at ever-rising inflated prices. Besides, to ensure higher and higher productivity, all costs which are required to produce or process such goods and services, must be minimal and fully if not over recovered. The problem with this culture of economic obsession is that we have bred a society that ensures the economic dominance of the few and the economic enslavement of the many. Modern Capitalism is a mutated form of Ancient Feudalism. teeth53      ( Date: 20-Dec-2011 22:14) Posted: OIC, " by hiring her" to run a public transportation organization, make  ton of profit, that true, true, and  oso leaving  a long trial of problems and now cannot cover back all the loop hole. Really again make me think of Mr Hsieh (Ex-SGX CEO)

 

In 50 years, Singapore has moved from the 3rd to 1st World. This is largely driven by our obsession for economic development over everything else. To achieve economic results, our policies are formulated towards Profit And Profit by making the masses Pay And Pay for all public and commercial goods and services at ever-rising inflated prices. Besides, to ensure higher and higher productivity, all costs which are required to produce or process such goods and services, must be minimal and fully if not over recovered. The problem with this culture of economic obsession is that we have bred a society that ensures the economic dominance of the few and the economic enslavement of the many. Modern Capitalism is a mutated form of Ancient Feudalism.

teeth53      ( Date: 20-Dec-2011 22:14) Posted: OIC, " by hiring her" to run a public transportation organization, make  ton of profit, that true, true, and  oso leaving  a long trial of problems and now cannot cover back all the loop hole. Really again make me think of Mr Hsieh (Ex-SGX CEO). lausk22      ( Date: 20-Dec-2011 12:32) Posted: hmm... By hiring her, it was hoped that she saw the problems before they arose sharpen the saw of her engineers to saw off the problems when they arise. So now that the problems are here, we must give her time to take her leave after she has over-saw the recovery process. Does that answer your doubts, my lau peng you?

 

Click

Richman      ( Date: 21-Dec-2011 11:48) Posted: Thanks It is amazing! bishan22      ( Date: 21-Dec-2011 11:18) Posted: Photos are all here: http://forums.asiaone.com/showthread.php?t=4554

 

That's supposed to be Cleopatra, the Egyptian Queen (Pharoah's wife)...

    I bet the Pharoah himself, or even the late Elizabeth Taylor,

          will roll in their graves objecting to having such an ugly one

                  depicting the beautiful queen... What a distasteful joke!... lol... 

bishan22      ( Date: 21-Dec-2011 11:18) Posted: Photos are all here: http://forums.asiaone.com/showthread.php?t=45541 Richman      ( Date: 21-Dec-2011 11:00) Posted: Yesterday, mandarin newspaper has a nice picture... A woman sat on a sedan chair carried by eight bare-bodied men in a performance at a dinner and dance.

 

The YouTube video is so hilarious.

 

Thanks

It is amazing!

bishan22      ( Date: 21-Dec-2011 11:18) Posted: Photos are all here: http://forums.asiaone.com/showthread.php?t=45541 Richman      ( Date: 21-Dec-2011 11:00) Posted: Yesterday, mandarin newspaper has a nice picture... A woman sat on a sedan chair carried by eight bare-bodied men in a performance at a dinner and dance.

 

Photos are all here: http://forums.asiaone.com/showthread.php?t=45541

Richman      ( Date: 21-Dec-2011 11:00) Posted: Yesterday, mandarin newspaper has a nice picture... A woman sat on a sedan chair carried by eight bare-bodied men in a performance at a dinner and dance.

 

It is insignificant if the government and civil servant and top management are not drawing HIGH pay..... But we have overpaid them, so we need the WORLD CLASS standard services..... See the different? lol

 

Yesterday, mandarin newspaper has a nice picture...

A woman sat on a sedan chair carried by eight bare-bodied men in a performance at a dinner and dance.

 

Yesterday morning, Channel 8, morning TV session   - Good morning.

There is this grassroot leader - " Pou Lampa" type = " 3 legged" (hokkien). Mentioned that SMRT breakdown is very insignificant or small issues and very common as compare to London tube when studying in UK. The London tube breaks down quite common.

My friend try to call in to the host hot-line to question them, they will filter your call topic 1st.

My friend actually want to call in, but later he gives up. The more he hear the grassroot talk, he feels more boiling and angry. NB. (legend : NB = na bei )

Did London tube CEO or top  management  draw more than bloody S$1million per year. And our Gov always mentioned that our SMRT is world class public transport standard. If you read the SMRT annual report. Total there CEO + 4 management draws more than S$1 million each, if I am not wrong.

This is suppose to be a public service to citizen and not a profit organisation. For goodness sake they always want to compare the efficient and productivity and salary with the world MNC level. But after the rise in fare, but service level not increase. Lousy system.

When fine SMRT, only scratch their itch a bit for S$10k fine, they don't even feel the pain. After all who pay the fine, you and me help to pay. Then they increase the fare again..... HA HA HA ... LOL. This is just a game or lip service   in apologize or drama to show public that our Public transport committee did do something.... all for show only. LOL, is world class JOKE standard.

 

Realistically speaking, at this stage of our history, the local-borns

      are already an insignficant factor, if at all. But that aside, the

            overwhelming influx of foreigners can itself be expected to

                  bring with it a whole new set of  unexpected 'headaches'

                            to be tackled...  

teeth53      ( Date: 20-Dec-2011 23:17) Posted: U are correct. Foreigners do come with headache. Everyone-Just human, included local and new citizens.      To be fair. There are equally as many FT as we can get, needless to say more, (more  good then bad.) Doing a good / bad job by politicians, be it for or against, will be tesed again in 2015/16 GE. iPunter      ( Date: 20-Dec-2011 11:41) Posted: You can bet foreigners will be the biggest future headache for the gamen to tackle ... lol...

 

not a technical person, how to lead a technical team.

probably will get smoked upside down

 

brace for a fare increase application to PTC one year AFTER when the issue/s has/have been resolved - SOP.

hsbhsb      ( Date: 20-Dec-2011 20:17) Posted: SMRT: 230% gain in stock price + dividend under CEO Saw Phaik Hwa SMRT payout ratio was 80% last year. If it can afford to give out 80% of the dividend, the fare hike doesn't seem justifiable at all. They can just cut dividend, cut CEO pay to offset the rising operating costs.

 

U are correct. Foreigners do come with headache. Everyone-Just human, included local and new citizens.     

To be fair. There are equally as many FT as we can get, needless to say more, (more  good then bad.)

Doing a good / bad job by politicians, be it for or against, will be tesed again in 2015/16 GE.

iPunter      ( Date: 20-Dec-2011 11:41) Posted: You can bet foreigners will be the biggest future headache for the gamen to tackle ... lol... out-of-the-box      ( Date: 20-Dec-2011 11:36) Posted: MRT was design 20 years ago cater for 2.5 million population now our population is 6 million so sure fail. Hiring foreign drivers to drive our bus kill people and lost their way.

 

Will She?, (a FT)  Ms Saw join her counter part, like Mr Hsieh (oso FT)  to a bigger ship in Temasick Holding?. 

Was wondering out LOL..liao?. Will hav more of this   .

teeth53      ( Date: 20-Dec-2011 21:25) Posted: After nine years of chances to show off. all this and to clear up this " mess" and " ASAP" . Humm...OIC another 1.8 million into pocket again or more?.