
This is not a dead counter. Its a defensive stock. Today not a day fr all defensive stock.
Cheer pal.
North East Line not much threat to smrt, i think. May be the Bullet train in 20 years time (or shorter?) will be a biggest challeng smrt would face.
I much like to see a total 'made-over' for Singapore's future transportation on road because is will be envionmentally friendly if those road transport like buses are taken out 80%.. Cheers to future PM of singapore if she/he could make singapore a NO.1 of the world in transportation.
Will our future PM of singapore be a lady ?? hey, hey , i am thinking of Mdm Ho Chin , why not? (Just my guess). :)
PrivateInvestor ( Date: 13-Nov-2009 17:35) Posted:
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SMRT is really a lousy stock. STI move +50 point, but smrt maintain no movement.
But when STI drop it will also drop.
Give up la
niuyear ( Date: 10-Nov-2009 14:59) Posted:
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Smrt dont have competitors yet...
abc2xyz ( Date: 10-Nov-2009 12:09) Posted:
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Most of the countires' MRT LOST money. Singapore mrt is one of the FEW in the world that MAKE MONEY! LOL!
Temasek had proven to be as bad as any bad investor in the bad times....
All the "Too Big To Fail" entities proved themselves to be BIG FAILERS during the Big BAD Times....
Any donkey can make money in the GOOD TIMES........
BIG is NOT equal to BEST....
TOP is NOT equal to BEST TALENT....
Most Expensive is NOT equal to BEST QUALITY....
Most Powerful is NOT equal to BEST DECISION MAKER....
From one consultant in Today Online (Monday: 9 November 2009),
"Committees produce CAMELS...."
No need to worry on wrong hedge.
Can always increase price to consumers, (rem they say recession cut price to help commuter) If economy recover, will SMRT increase fares... I betting they will. (Public transport council will likely to approve as the reason is they have cut price during recession)
If wrong hedge, temasek will not be buying recently.. (2nd reasoning)
pharoah88 ( Date: 09-Nov-2009 15:23) Posted:
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TP are for selling....
SMRT will again hedge fuel cost wrongly when the oil price rises....
Do many people ask themselves how come all recommendations come with target price (TP)?...

With the good quarter result and the circle line in full operation next year,the profit should be more in the coming year 2010.
Recommadation:
By KimEng Tp:$2.1
By UOB Tp:$2.00
By OCBC Tp:$1.92
By Nomura Tp:$$1.96
By DBS Vicker Tp:$2.05
Vest and good luck
From UOB
SMRT Corporation
(BUY/S$1.68/Target: S$2.00)1HFY10: Stronger results on maintenance and project income.
This company should be able to make alot more profits. The trains are packed even during off peak hrs at 3pm or 10pm.
During peak hours u got to wait for the 2nd or 3rd train to get in. Inside the carriage u will see that it is packed like sardines - difficult to pour out the contents when the door is opened.
Moving quite slow........Hope to see more action
Cheers.
But definitely beat putting at the bank and cpf special rate of return.. Buy at IPO to now. ROE more than 20% per year... $1 x 20% compounded for about maybe 10%. Sweet return.
Somemore not so risky.. can monitor its business every day if u take mrt to work.. Like sardine can packed with communters. beep beep beep $1 + $1 +$2 add ed to the coffers everyday..
bola_no1 ( Date: 03-Nov-2009 00:40) Posted:
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