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famouspinky Supreme	20-Aug-2016 09:23        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ideal px and Safe px is different. Sharing is good. Its only how detail one wants to go hence nd to do ur own homework as everyone has a diff entry or exit approach. JTWKSG      ( Date: 20-Aug-2016 08:47) Posted: So if 2.5% return is gd buy price then why this "analyst" not buying and come here to belittle and mock ppl who bought at less ideal price? famouspinky      ( Date: 20-Aug-2016 08:29) Posted: Aiyo th offers 1.68. Buying this px isn't appreciation of 2.5%? Analysis say good buy px doesn't mean analysis will buy lol. Have a great weekend
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JTWKSG Member	20-Aug-2016 08:47        JTWKSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	So if 2.5% return is gd buy price then why this "analyst" not buying and come here to belittle and mock ppl who bought at less ideal price? famouspinky      ( Date: 20-Aug-2016 08:29) Posted: Aiyo th offers 1.68. Buying this px isn't appreciation of 2.5%? Analysis say good buy px doesn't mean analysis will buy lol. Have a great weekend! JTWKSG      ( Date: 19-Aug-2016 23:57) Posted: If thats the case why are u sharing it is a secure way to get 2.5% based on 1.63 when u urself also said asking ppl in forum to load without safety margin is suicide mode? Is 2.5% a safety margin? So doesn't it makes ur "sharing" contradictory? If ur "sharing" is not what u really meant or something u will also not do then why bothered "sharing"? Do u know what u r talking abt? Imagine if others heed ur "sharing" and buy at 1.63 thinking it is a secured way to earn 2.5% but subsequently get stuck? Stop ur flip flop prata play.
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famouspinky Supreme	20-Aug-2016 08:29        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Aiyo th offers 1.68. Buying this px isn't appreciation of 2.5%? Analysis say good buy px doesn't mean analysis will buy lol. Have a great weekend! JTWKSG      ( Date: 19-Aug-2016 23:57) Posted: If thats the case why are u sharing it is a secure way to get 2.5% based on 1.63 when u urself also said asking ppl in forum to load without safety margin is suicide mode? Is 2.5% a safety margin? So doesn't it makes ur "sharing" contradictory? If ur "sharing" is not what u really meant or something u will also not do then why bothered "sharing"? Do u know what u r talking abt? Imagine if others heed ur "sharing" and buy at 1.63 thinking it is a secured way to earn 2.5% but subsequently get stuck? Stop ur flip flop prata play. sgng123      ( Date: 19-Aug-2016 23:39) Posted: I never ask anyone to buy, i just see it a secure way to get 2.5% yield based on 1.63. I like to share stuff, to buy or sell is ur own decision. Asking bros in forum to load without safe margin is suicide mode like what sone currently doing. If ur fund get trapped u can only blame urself for poor decision made. Currently i still chilling out might see market going down in sep after the oil meeting turn out to be a disappointment and oil tank below 30. When that happen it loading in phrase mode.
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JTWKSG Member	19-Aug-2016 23:57        JTWKSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	If thats the case why are u sharing it is a secure way to get 2.5% based on 1.63 when u urself also said asking ppl in forum to load without safety margin is suicide mode? Is 2.5% a safety margin? So doesn't it makes ur "sharing" contradictory? If ur "sharing" is not what u really meant or something u will also not do then why bothered "sharing"? Do u know what u r talking abt? Imagine if others heed ur "sharing" and buy at 1.63 thinking it is a secured way to earn 2.5% but subsequently get stuck? Stop ur flip flop prata play. sgng123      ( Date: 19-Aug-2016 23:39) Posted: I never ask anyone to buy, i just see it a secure way to get 2.5% yield based on 1.63. I like to share stuff, to buy or sell is ur own decision. Asking bros in forum to load without safe margin is suicide mode like what sone currently doing. If ur fund get trapped u can only blame urself for poor decision made. Currently i still chilling out might see market going down in sep after the oil meeting turn out to be a disappointment and oil tank below 30. When that happen it loading in phrase mode.
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sgng123 Supreme	19-Aug-2016 23:39        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I never ask anyone to buy, i just see it a secure way to get 2.5% yield based on 1.63. I like to share stuff, to buy or sell is ur own decision. Asking bros in forum to load without safe margin is suicide mode like what sone currently doing. If ur fund get trapped u can only blame urself for poor decision made. Currently i still chilling out might see market going down in sep after the oil meeting turn out to be a disappointment and oil tank below 30. When that happen it loading in phrase mode.
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JTWKSG Member	19-Aug-2016 23:21        JTWKSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	But ur 2.5% returns is calculated based on the current smrt price, isn't it? So why u advise ppl to buy now for the 2.5% returns if u urself is not buying due to "opportunity cost"? Also how does the 29dec come about? sgng123      ( Date: 19-Aug-2016 23:01) Posted: No hurry to load since smrt need to dispose asset first on 29 dec plus this is SOA not GO. Can take ur time while waiting for other load opport if correction happen and banks drop a lot. Buying now would incur opportunity cost in event of market correction in 3q.
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sgng123 Supreme	19-Aug-2016 23:18        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Mt mistype asset disposal meeting at 29 sep lol. investshare      ( Date: 19-Aug-2016 23:07) Posted: I thought TH said shareholders meeting in Oct, and SOA will be put to vote then? sgng123      ( Date: 19-Aug-2016 23:01) Posted: No hurry to load since smrt need to dispose asset first on 29 dec plus this is SOA not GO. Can take ur time while waiting for other load opport if correction happen and banks drop a lot. Buying now would incur opportunity cost in event of market correction in 3q.
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Qanghoo Supreme	19-Aug-2016 23:15        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Fully agree with you.  Like I' d mentioned earlier, the tragedy of SMRT is the kicking of the maintenance can down the road n nobody, including TH n research houses (probably even ang mohs), saw the  time bomb  ticking ominously n dangerously.  In fact, everyone seemed to have been singing SMRT' s praises at that time abt how proactive management was in growing the coy.  Hence, the lofty valuation was seen as justified then n, naturally, yield-hungry, n not greedy, investors wld have been seen to be justified  in buying into a mkt darling at that time. JTWKSG      ( Date: 19-Aug-2016 22:02) Posted: Most shareholders who bought @ $1.70 to > $2 were between 2009 to most part of 2011(during and after the most severe financial recession) and before that epic major series of MRT breakdown which started on 15Dec2011.  Nobody would expect such unfortunate events to happen to SMRT as it was viewed as our national crown jewel (now is national shame) due to its excellent track record back then. It was and still is an essential commuting mode which serve the population everyday. In addition, the increase of population during that period also added on to that bullish view which resulted to the price escalation.  There was nothing wrong for a SH to buy at a price which they thought was fair especially the business had an excellent track records, defensive as a safe haven during bad times, and increase of population which was the catalyst of growth. Besides all these business considerations, there was an element of national pride sentiment too as SMRT was viewed as govt link  even though they privatised it.  It was not as simple as you put it as greed.  Even the most savvy investor may not be able to time the market and buy at the right price all the time. I believe even you yourself will not get the best entry price for all your stocks too. So what gives you the right to judge others who did not bought at ideal price as greed? If those series of major breakdowns didn' t happen, for all you know, SMRT now could be in the same league as Comfortdelgro. Look at how much Comfortdelgro is worth now? Or a more related example will be SBS Transit. They are now worth > $2!  sgng123      ( Date: 19-Aug-2016 10:27) Posted: It a good opp to get decent 2.5% return, at least i don fool with bull call and load on bad economy forcast 2017 to 2018. It all about making money however if u locked up due to greed buy high u gonna answer for ur own investment decision don blame others. Simple reason is keep cash in uncertain time all time, when opportunity knock like a big stock correction ur cash become a powerful asset. 1 dollar cash can buy 2 dollars worth stock in those correction which meant when market cal   down valuation return to norm, ur investment go up by 50% or double. Banks as alway mibe target but if a privatisation come alobg i don miss chance for nice kopee money with capital guarantee return.
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investshare Supreme	19-Aug-2016 23:07        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	I thought TH said shareholders meeting in Oct, and SOA will be put to vote then? sgng123      ( Date: 19-Aug-2016 23:01) Posted: No hurry to load since smrt need to dispose asset first on 29 dec plus this is SOA not GO. Can take ur time while waiting for other load opport if correction happen and banks drop a lot. Buying now would incur opportunity cost in event of market correction in 3q.
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sgng123 Supreme	19-Aug-2016 23:01        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	No hurry to load since smrt need to dispose asset first on 29 dec plus this is SOA not GO. Can take ur time while waiting for other load opport if correction happen and banks drop a lot. Buying now would incur opportunity cost in event of market correction in 3q.
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JTWKSG Member	19-Aug-2016 22:02        JTWKSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	Most shareholders who bought @ $1.70 to > $2 were between 2009 to most part of 2011(during and after the most severe financial recession) and before that epic major series of MRT breakdown which started on 15Dec2011.  Nobody would expect such unfortunate events to happen to SMRT as it was viewed as our national crown jewel (now is national shame) due to its excellent track record back then. It was and still is an essential commuting mode which serve the population everyday. In addition, the increase of population during that period also added on to that bullish view which resulted to the price escalation.  There was nothing wrong for a SH to buy at a price which they thought was fair especially the business had an excellent track records, defensive as a safe haven during bad times, and increase of population which was the catalyst of growth. Besides all these business considerations, there was an element of national pride sentiment too as SMRT was viewed as govt link  even though they privatised it.  It was not as simple as you put it as greed.  Even the most savvy investor may not be able to time the market and buy at the right price all the time. I believe even you yourself will not get the best entry price for all your stocks too. So what gives you the right to judge others who did not bought at ideal price as greed? If those series of major breakdowns didn' t happen, for all you know, SMRT now could be in the same league as Comfortdelgro. Look at how much Comfortdelgro is worth now? Or a more related example will be SBS Transit. They are now worth > $2!  sgng123      ( Date: 19-Aug-2016 10:27) Posted: It a good opp to get decent 2.5% return, at least i don fool with bull call and load on bad economy forcast 2017 to 2018. It all about making money however if u locked up due to greed buy high u gonna answer for ur own investment decision don blame others. Simple reason is keep cash in uncertain time all time, when opportunity knock like a big stock correction ur cash become a powerful asset. 1 dollar cash can buy 2 dollars worth stock in those correction which meant when market cal   down valuation return to norm, ur investment go up by 50% or double. Banks as alway mibe target but if a privatisation come alobg i don miss chance for nice kopee money with capital guarantee return.
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JTWKSG Member	19-Aug-2016 21:59        JTWKSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	If you felt that now is a gd opp to get a decent 2.5% return at the current price, then why aren' t you buying now?  sgng123      ( Date: 19-Aug-2016 10:27) Posted: It a good opp to get decent 2.5% return, at least i don fool with bull call and load on bad economy forcast 2017 to 2018. It all about making money however if u locked up due to greed buy high u gonna answer for ur own investment decision don blame others. Simple reason is keep cash in uncertain time all time, when opportunity knock like a big stock correction ur cash become a powerful asset. 1 dollar cash can buy 2 dollars worth stock in those correction which meant when market cal   down valuation return to norm, ur investment go up by 50% or double. Banks as alway mibe target but if a privatisation come alobg i don miss chance for nice kopee money with capital guarantee return.
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sgng123 Supreme	19-Aug-2016 10:27        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It a good opp to get decent 2.5% return, at least i don fool with bull call and load on bad economy forcast 2017 to 2018. It all about making money however if u locked up due to greed buy high u gonna answer for ur own investment decision don blame others. Simple reason is keep cash in uncertain time all time, when opportunity knock like a big stock correction ur cash become a powerful asset. 1 dollar cash can buy 2 dollars worth stock in those correction which meant when market cal   down valuation return to norm, ur investment go up by 50% or double. Banks as alway mibe target but if a privatisation come alobg i don miss chance for nice kopee money with capital guarantee return.
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Goldfinger Supreme	19-Aug-2016 10:12        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Really odd as I rarely see SJ forummers rejoice when BBs or institutions profit at the expense of retail investors.  LOL. sgng123      ( Date: 17-Aug-2016 12:40) Posted: 75% is easier if big players had secured the necessary stakes to pull it through, retail investors only one to lose lol even cpf investors also win as they had received dividend for 10+ years.
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investshare Supreme	19-Aug-2016 09:58        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is BB going to push it lower? Now less than 3 months to closure. sgng123      ( Date: 17-Aug-2016 12:40) Posted: 75% is easier if big players had secured the necessary stakes to pull it through, retail investors only one to lose lol even cpf investors also win as they had received dividend for 10+ years.
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sgng123 Supreme	17-Aug-2016 12:40        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	75% is easier if big players had secured the necessary stakes to pull it through, retail investors only one to lose lol even cpf investors also win as they had received dividend for 10+ years.
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investshare Supreme	17-Aug-2016 11:51        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe they learnt, that's why time is SOA not GO, the barrier is lower. Poawaw      ( Date: 17-Aug-2016 10:10) Posted: For those who are sure sure that this privatization is a done deal, go read this failed privatization of Stats-Chipac then Temasek had 83% and the offer was unsuccessful, dragged long time and many who believed that it was a done deal, lost big. Hope this time with only 54% ownership, it will be  successful, but don' t bet all your savings!    http://www.reuters.com/article/idUSSIN9946620070518
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jeremyow Master	17-Aug-2016 11:49        jeremyow About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Passionate business investor"
x 0   x 0  Alert Admin	I think no other third parties has done a separate thorough analysis of the valuation of the assets of SMRT Corp. I wonder the valuation at $1.68 per share buyout by Temasek Holdings is really fair as many internet sources including our own Straits Times Newspaper seem to report this delisting offer price of $1.68 per share as a fair valuation for Temasek to buyout SMRT Corp and privatise it. We shall let the shareholders of SMRT Corp decide whether they are willing to give up their shares at $1.68 per share to Temasek Holdings. Even if the privatisation offer is unsuccessful, Temasek Holdings will not increase the offer price. If Temasek Holdings still wants to privatise SMRT Corp, it will have to try again probably a year later.     JTWKSG      ( Date: 16-Aug-2016 13:04) Posted: Thanks for ur views and I agree with u that SMRT is an excellent business. I had also pointed out previously that SMRT is an excellent cashcow which through the yrs had paid out div consistently even during the most severe recession. What is causing their poor reputation now is their management which arised from appointing the wrong people repeatedly to helm the top and who is the one responsible for it? What I am extremenly unhappy about as a long term sh is the tactics they used to try to sell down the value of such excellent business as u rightly pointed out and treating ppl like fools. This deal was done in a poor fashion which leaves a lingering foul taste. Wouldn't it help if they raise the offer price to sweeten the bitter pill? They are cash rich. It is well within their means. As u mention, this is an excellent business, so shouldn't it worth more? jeremyow      ( Date: 16-Aug-2016 11:52) Posted: SMRT Corp has rewarded many of its shareholders well over the past years in terms of its dividends distributed and capital gain through increase in share price. However, only those shareholders who have bought during the early days and stayed the course with SMRT over the years got the best reward.  Based on its historical share prices movement, an investor who has bought the shares of SMRT in year 2000 (16 years ago) and held on to its shares until now and accept the delisting offer price of $1.68 per share stand to gain a compounded annual growth rate of about 13.7% (CAGR 13.7%) counting in also all the dividends received over the past 16 years. CAGR of 13.7% over a period of 16 years though not as impressive as Warren Buffett' s investment performance (CAGR about 22%) is already very decent enough.  An investor who started with just $10,000 invested in SMRT Corp 16 years ago will over the 16 years until now receive a total sum of about $79,327.27. An investor who invested $100,000 in SMRT Corp 16 years ago will over the 16 years until now receive a total sum of about $793,272.73.  Even if an investor only started investing in SMRT 10 years ago (in year 2006) and held its shares over the past 10 years until now and accept the delisting offer price of $1.68 per share, based on the historical share prices movement, he will stand to gain a CAGR of about 11.4% counting in also all the dividends received over the 10 years.  It is only those investors who bought the shares of SMRT Corp when it traded at its high during most part of year 2010 and early 2011 who may not get any reward from their investments. However, if they have held on to their shares until now, the total dividends they received will more than cover up for the capital loss in share price for those who bought at the high side and maybe some investors who bought on the high side may even receive a slight gain on their investment if they held on their shares until now and accept the delisting offer price.  In conclusion, SMRT Corp is an excellent company in terms of rewarding almost all its shareholders well over the entire period it was public listed. As to other aspects of its operations, I leave the judgment to the reader.
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Qanghoo Supreme	17-Aug-2016 11:10        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha, I was one of those who did not want to accept the 1.88/share offer.  Poawaw      ( Date: 17-Aug-2016 10:10) Posted: For those who are sure sure that this privatization is a done deal, go read this failed privatization of Stats-Chipac then Temasek had 83% and the offer was unsuccessful, dragged long time and many who believed that it was a done deal, lost big. Hope this time with only 54% ownership, it will be  successful, but don' t bet all your savings!    http://www.reuters.com/article/idUSSIN9946620070518
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sgng123 Supreme	17-Aug-2016 10:26        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It Scheme Of Arrangement offer, this time temasek cannot vote/buy stocks. It is a arrangement when shareholder vote to delist smrt, if successful more than 75% temasek would pay 1.68 to all investors. So everything fall back to private big investors and long term cpf investors to make it a go.
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