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SMRT
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lifeisgood
Supreme |
23-May-2014 10:53
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Precisely, she mortgaged away the future of MRT. She was the reason why so many MRT commuters have been suffering for the last 5 years. Furthermore, without an engineering background, she might now have achosen the best hardware and software for the MRT system. However, she did well in terms of building up the retail network, but that should be considered peripheral,  instead, she sacrificed the commuters. I seriously hope Temasek make it right again. Not for my sake, but for my children and the future generations to come. MRT is here to stay, so might as well make it work.
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KrTrader
Member |
23-May-2014 10:48
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Auntie saw just some marketing auntie like those MLM sales lady. Basically what she did was to defer all the preventive maintainence cost to the future. 
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ascend88
Master |
23-May-2014 10:48
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Wow ..u done ur research and know ur history
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ascend88
Master |
23-May-2014 10:46
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3 star general | ||||
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lifeisgood
Supreme |
23-May-2014 10:43
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SMRT used to be run by a bunch of very, very, capable engineers. Then the lady CEO Saw Peck Wah fired them all, and replaced them with her marketing cronies. Now the new CEO Desmond Quek took over, with an engineer and SAF background, I believe  he is very capable  of fixing the whole MRT ails, provided that  the company  does not get bogged down by the depreciating assets and heavy replacement cost. |
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ascend88
Master |
23-May-2014 10:38
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To me the report just confirm that there is more upside
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lifeisgood
Supreme |
23-May-2014 10:36
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It would be a slap on Temasek' s face if they approve the bus contract model, but reject the train contract model. The buses and trains asset values are also very similar, approximately $1 billion each. But I believe the trains details take a bit longer to work out, but given the efficiency of our civil servants and those semi-government executives in SMRT, nothing is impossible, and it likely wont take too long. |
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lifeisgood
Supreme |
23-May-2014 10:31
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The Kim Eng analysts are a joke. They were commenting on the merit of just the bus deal. They are not forward looking. They didnt mention any possibility of the trains and rail deal also. Sometimes, they are trying to  talk down the shares because Kim Eng traders maybe very short this counter and bruising very badly now.
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khairsy
Veteran |
23-May-2014 10:28
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It' s just that i have been getting the wrong stock..and making losses..so..hope this time round..it is the RIGHT ONE!
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ascend88
Master |
23-May-2014 10:26
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why u sound no very optimistic?   u vested?
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khairsy
Veteran |
23-May-2014 10:23
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hope so. 
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ascend88
Master |
23-May-2014 10:22
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climbing....maybe at 1130.....or 430pm....   |
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ascend88
Master |
23-May-2014 10:19
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sorry....i cant ans u that price on the upside..... i am not a punter....   |
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khairsy
Veteran |
23-May-2014 10:13
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true..pretty conservative...but having said that, will the price be on the UPside?
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ascend88
Master |
23-May-2014 10:10
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just to get abit excited and abit high....come here shout cheong ah ... hahahaha....but ...cannot be to carried away as well. i was readin some of the analsyt....keep saying buy comfort delgro....(not that its not a good counter)...but the price is already  near to 52 wks high of 2.40.....last time it was near this price is 2007... and for SMRT??? only at 1.49$ now....highest it was at 2.34$ (july 2010 b4 the breakdowns started) exciting things are coming.....just have to be patience.... my 2c worth only...  
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Siwomp
Supreme |
23-May-2014 10:02
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Bleak.....unless Temasek do an "Olam thingy" on SMRT......imo
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lifeisgood
Supreme |
23-May-2014 10:00
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Totally agree. Those daily price gyrations dont mean anything
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ascend88
Master |
23-May-2014 09:58
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better to look at the bigger and future picture....   |
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ascend88
Master |
23-May-2014 09:53
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Yah .. But it's just a number ...
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lifeisgood
Supreme |
23-May-2014 09:45
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Enjoy watching the breaking $1.50 ceremony! |
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