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nooovva Member	17-Aug-2016 10:24        nooovva About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is done via a scheme and minorities will vote at EGM so process will not be dragged out. Failure or success will be determined at EGM date.
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Poawaw Member	17-Aug-2016 10:10        Poawaw About Contact  Quote this Post!
x 0   x 0  Alert Admin	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 02:09        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Those who get it at 2 most likely losing end, treat it as school fee never load in bull and learned to cut losses
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GoldNugget Elite	17-Aug-2016 00:26        GoldNugget About Contact  Quote this Post!
x 0   x 0  Alert Admin	Like what someone mention in the post below .. The return to Shareholders over the years is extraordinary to the level of being a cash cow ... So I guess there shld not be complains about 168 ... Yeah agree with you those people who get it at 2 deserves some compensation ... Qanghoo      ( Date: 16-Aug-2016 23:31) Posted: Brother, I' ll offer a slightly different perspective.  For me, the tragedy of SMRT was the kicking of the maintenance can down the road which has probably turned out to be the biggest booby trap the coy has laid for itself n shareholders, albeit unintentionally.  Lesson learned is perhaps an engineering background is critical for the top brass.  So, with $$$ saved, profits balooned, n so did dividends (not to mention high salaries n bonuses).  Naturally, long-term investors, especially those looking for attractive dividends yields built around   ' safe' stocks  to augment their retirement nest eggs, made a beeline for the shares, even at around $2 which didn' t seem demanding at that point in time  for so long as the yield was attractive compared to benchmarks.  Who can blame them, caveate emptor notwithstanding?  On the contrary, these people probably deserve a sympathetic ear.  Now, with the delisting offer at 1.68, they are probably justified to  feel beingl short-changed.  Even with all the dividends they have banked in, wld it have sufficiently  made up for their ' losses' , after considering the time value of $$$ n opportunities lost?  So, I believe they deserve a little sweetener at the very least (say, even a special div of a few cts  from $$$$ received from sale of assets wld make the pill less bitter to swallow).  I am not in the same boat cos I joined the gold prospecting only recently, hoping to reap a handsome reward from the sale of assets (which has not happened, but that is immaterial to me).  But, given all the pertinent views put forward, including the commendable efforts of SIAS, let' s hope  there' s a positive outcome.  But there again, I cld be day-dreaming too ..... sun233      ( Date: 16-Aug-2016 18:17) Posted: Wishful thinking.............
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GoldNugget Elite	17-Aug-2016 00:12        GoldNugget About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cash cow at the expense of the nation ... Because of these high return given to shareholder ... The infrastructure is in such a bad shape ... Capping the return of the shareholder by LTA is a good move ... 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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sgng123 Supreme	16-Aug-2016 23:54        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Waiting for the right emtry point, it all about maximising cash with security that fund would not be locked. Most likely u buy high trap long now in the end still lose money when majority long term made profit. Part and parcel of stock investing, never never chase bull alway buy in bear. Long term cpf investors would support this then bam u lose regardless of ur no vote. JTWKSG      ( Date: 16-Aug-2016 14:13) Posted: What gives u the right to ridicule ppl when u r not even vested? If what u said is true, shouldnt now smrt price is gapping down since u claim bb is forcing out weak holders? Stop pretending u know the deal. What goes around comes around. sgng123      ( Date: 16-Aug-2016 13:29) Posted: As pointed long term investors most likely would accept deal to cash out of investment. The one who hold resentment are those who bought into the bull 3 years ago at ridiculous $2+, luckily they only belong to the 1%. It is a done deal supported by big investors and long term cpf investors.
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Qanghoo Supreme	16-Aug-2016 23:31        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Brother, I' ll offer a slightly different perspective.  For me, the tragedy of SMRT was the kicking of the maintenance can down the road which has probably turned out to be the biggest booby trap the coy has laid for itself n shareholders, albeit unintentionally.  Lesson learned is perhaps an engineering background is critical for the top brass.  So, with $$$ saved, profits balooned, n so did dividends (not to mention high salaries n bonuses).  Naturally, long-term investors, especially those looking for attractive dividends yields built around   ' safe' stocks  to augment their retirement nest eggs, made a beeline for the shares, even at around $2 which didn' t seem demanding at that point in time  for so long as the yield was attractive compared to benchmarks.  Who can blame them, caveate emptor notwithstanding?  On the contrary, these people probably deserve a sympathetic ear.  Now, with the delisting offer at 1.68, they are probably justified to  feel beingl short-changed.  Even with all the dividends they have banked in, wld it have sufficiently  made up for their ' losses' , after considering the time value of $$$ n opportunities lost?  So, I believe they deserve a little sweetener at the very least (say, even a special div of a few cts  from $$$$ received from sale of assets wld make the pill less bitter to swallow).  I am not in the same boat cos I joined the gold prospecting only recently, hoping to reap a handsome reward from the sale of assets (which has not happened, but that is immaterial to me).  But, given all the pertinent views put forward, including the commendable efforts of SIAS, let' s hope  there' s a positive outcome.  But there again, I cld be day-dreaming too ..... sun233      ( Date: 16-Aug-2016 18:17) Posted: Wishful thinking............. JTWKSG      ( Date: 16-Aug-2016 14:17) Posted: Since u already going to accept the deal, why harbour the tot they will increase the price?
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sun233 Elite	16-Aug-2016 18:17        sun233 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wishful thinking............. JTWKSG      ( Date: 16-Aug-2016 14:17) Posted: Since u already going to accept the deal, why harbour the tot they will increase the price? sun233      ( Date: 16-Aug-2016 13:51) Posted: Good input jeremyou, sgng123. I. sure the big investors will support now just have to wait for the wayang and see if they sweeten it a bit.
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JTWKSG Member	16-Aug-2016 14:17        JTWKSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	Since u already going to accept the deal, why harbour the tot they will increase the price? sun233      ( Date: 16-Aug-2016 13:51) Posted: Good input jeremyou, sgng123. I. sure the big investors will support now just have to wait for the wayang and see if they sweeten it a bit. sgng123      ( Date: 16-Aug-2016 13:29) Posted: As pointed long term investors most likely would accept deal to cash out of investment. The one who hold resentment are those who bought into the bull 3 years ago at ridiculous $2+, luckily they only belong to the 1%. It is a done deal supported by big investors and long term cpf investors.
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JTWKSG Member	16-Aug-2016 14:13        JTWKSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	What gives u the right to ridicule ppl when u r not even vested? If what u said is true, shouldnt now smrt price is gapping down since u claim bb is forcing out weak holders? Stop pretending u know the deal. What goes around comes around. sgng123      ( Date: 16-Aug-2016 13:29) Posted: As pointed long term investors most likely would accept deal to cash out of investment. The one who hold resentment are those who bought into the bull 3 years ago at ridiculous $2+, luckily they only belong to the 1%. It is a done deal supported by big investors and long term cpf investors.
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sgng123 Supreme	16-Aug-2016 13:59        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don expected too much, so would not be so bitter if deal not sweeten. Long term investors had reaped off more than enough to justify 1.68 offer unless u buy high otherwise should not whine.
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sun233 Elite	16-Aug-2016 13:51        sun233 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good input jeremyou, sgng123. I. sure the big investors will support now just have to wait for the wayang and see if they sweeten it a bit. sgng123      ( Date: 16-Aug-2016 13:29) Posted: As pointed long term investors most likely would accept deal to cash out of investment. The one who hold resentment are those who bought into the bull 3 years ago at ridiculous $2+, luckily they only belong to the 1%. It is a done deal supported by big investors and long term cpf investors.
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sgng123 Supreme	16-Aug-2016 13:29        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	As pointed long term investors most likely would accept deal to cash out of investment. The one who hold resentment are those who bought into the bull 3 years ago at ridiculous $2+, luckily they only belong to the 1%. It is a done deal supported by big investors and long term cpf investors.
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JTWKSG Member	16-Aug-2016 13:04        JTWKSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	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.         sun233      ( Date: 16-Aug-2016 06:47) Posted: I tend to agree. I' m accepting offer. Hope retirees who are stuck can dollar cost average since price is now 1.63-1.635 range. Deal is sure to go through. It' s our govt people ....when have things not gone according to govt plans. Wake up wake up.
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jeremyow Master	16-Aug-2016 11:52        jeremyow About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Passionate business investor"
x 0   x 0  Alert Admin	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.         sun233      ( Date: 16-Aug-2016 06:47) Posted: I tend to agree. I' m accepting offer. Hope retirees who are stuck can dollar cost average since price is now 1.63-1.635 range. Deal is sure to go through. It' s our govt people ....when have things not gone according to govt plans. Wake up wake up. sgng123      ( Date: 15-Aug-2016 23:51) Posted: It already a done deal just looking at problems smrt facing and political issues in next ge, smrt had to be delist and restructure internally. Temasek paying 1.68 just to make sure elder sg citizen got something back instead of letting the comp go bust, be grateful and not greedy for more. Most likely more breakdowns and happening would tilt more cpf investors toward deal better to let smrt go delist.
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sgng123 Supreme	16-Aug-2016 11:06        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Inch up and look like market also indicate go, too bad mine entry point not hit but anyway still got like 45 days to go.
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JTWKSG Member	16-Aug-2016 09:15        JTWKSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	Another falls into the play. Anyway respect ur decision but hope its not made out of fear. It is this conformity mindset which allows big players to treat miniority sh like fools but still so many willing to suck it up without thinking through all these questions: 1) why analyst all give favourable reviews for comfortdelgro who owns sbs transit that nrff and bus contracting model will benefit them whereas smrt they all give negative reviews? If u want to know whats the true unbias view check out what analyst says abt comfortdelgro. 2) why they use soa which allows only 75% to pass but not the usual Go which ask for 90%? 3) why recently so many series of bad news all come at the same time? Anyway, u r entitled to ur opinion and the right to vote what u deem fit if u r a genuine sh. sun233      ( Date: 16-Aug-2016 06:47) Posted: I tend to agree. I' m accepting offer. Hope retirees who are stuck can dollar cost average since price is now 1.63-1.635 range. Deal is sure to go through. It' s our govt people ....when have things not gone according to govt plans. Wake up wake up. sgng123      ( Date: 15-Aug-2016 23:51) Posted: It already a done deal just looking at problems smrt facing and political issues in next ge, smrt had to be delist and restructure internally. Temasek paying 1.68 just to make sure elder sg citizen got something back instead of letting the comp go bust, be grateful and not greedy for more. Most likely more breakdowns and happening would tilt more cpf investors toward deal better to let smrt go delist.
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Goldfinger Supreme	16-Aug-2016 07:16        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	I don't think so - but just my view. I haven't heard or read of many big FMs coming out to say they will accept - have you? Many retails may also vote against and only need 25.1% of voting shares or 50.1% of attendees to block. Only Analysts - many of whose reports are drafted by younglings no? I could be wrong but I'm already well in the money anyway. sgng123      ( Date: 15-Aug-2016 23:51) Posted: It already a done deal just looking at problems smrt facing and political issues in next ge, smrt had to be delist and restructure internally. Temasek paying 1.68 just to make sure elder sg citizen got something back instead of letting the comp go bust, be grateful and not greedy for more. Most likely more breakdowns and happening would tilt more cpf investors toward deal better to let smrt go delist.
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investshare Supreme	16-Aug-2016 06:50        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is not uncommon in listed company key executives employment contract to have a clause to say that, if the company is delisted or acquired, the key executives will get a special payout as 'compensation'. Not sure SMRT terms . sgng123      ( Date: 16-Aug-2016 02:07) Posted: As always when a safe bet surfaced, gonna share in forum but this one got to time it. SMRT management on recent breakdown is very bocha, look like the eventual delist is imminent as they might have the backing of big investors to push this through. That why they so relax unlike earliet before delist offer came, they would hold meeting to deal with the breakdown. Now they just relax and count their remaining days in smrt lol. Bb support for current range look shaky so it jight swing either way, watch out for good entry point.
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sun233 Elite	16-Aug-2016 06:47        sun233 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I tend to agree. I' m accepting offer. Hope retirees who are stuck can dollar cost average since price is now 1.63-1.635 range. Deal is sure to go through. It' s our govt people ....when have things not gone according to govt plans. Wake up wake up. sgng123      ( Date: 15-Aug-2016 23:51) Posted: It already a done deal just looking at problems smrt facing and political issues in next ge, smrt had to be delist and restructure internally. Temasek paying 1.68 just to make sure elder sg citizen got something back instead of letting the comp go bust, be grateful and not greedy for more. Most likely more breakdowns and happening would tilt more cpf investors toward deal better to let smrt go delist.
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