| Latest Forum Topics / SMRT |
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SMRT
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Octavia
Supreme |
29-Jan-2014 09:24
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SMRT 3QFY14 results missed estimates, with net profit lowered 44% y/y to $14.2m due to higher operating expenses mainly attributable to staff costs (+21.4%) from increased headcount in train and bus operations, and the recent wage revision exercise. Meanwhile, revenue improved 4.1% to $293.3m on the back of growth from rental (+11.2%), advertising (+27.4%) and engineering and other services (+46.8%). Operationally, bus and LRT remains loss making for the group, while train profits are slowly chewed off (-97%). Notably, rail operations (train and LRT combined) recorded its first ever quarterly loss of $0.2m, while its overall fare business (train, bus and LRT) suffered a $9.0m operating loss, in contrast to 3QFY13?s S$7.4m operating profit. Net gearing ballooned 7x to 64% on a $392.7m payment for 17 trains and operating assets taken over from LTA. At $1.19, SMRT trades at a 1.7% FY14 yield and 19.8x forward P/E, slightly above its historical average of 18.4x. Latest broker recommendations as follows: Maybank-KE maintains Sell with TP $0.60 DB maintains Buy with TP $1.80 OCBC place their Hold rating and $1.30 TP under review | ||||
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srichipan
Master |
29-Jan-2014 04:22
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Why doesn't it matter when it other business heavily influence it's revenue and you are not factoring it
In. Ok then I shall repeat. NAV is a not a good indicator. Present value of future cash flow will be better |
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MetalTrader
Master |
29-Jan-2014 00:09
Yells: "Let Your Ignorance Be Shown Tomorrow! ~ PredictorX" |
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I won't repeat what i stated in my prediction.
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MetalTrader
Master |
29-Jan-2014 00:08
Yells: "Let Your Ignorance Be Shown Tomorrow! ~ PredictorX" |
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It doesn't really matter.
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srichipan
Master |
29-Jan-2014 00:08
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And are you sure NAV is a good indication for a service provider? | ||||
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srichipan
Master |
29-Jan-2014 00:06
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Transport is not its only business line. Go do more research | ||||
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MetalTrader
Master |
28-Jan-2014 22:34
Yells: "Let Your Ignorance Be Shown Tomorrow! ~ PredictorX" |
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Prediction (SMRT) 27 Jan b4 open-      I predicted that SMRT current price      $1.19 is far overpriced, and      will move downward below $1 before moving towards its fair value (2 digits). SMRT's NAV ($0.51)  with packed cabins, frequent breakdowns required increased maintenance cost.      The downtrend will move gradually overtime, which may take months. Besides, the      decrease in dividends  from 7 cents to 2 cents do not make it an attractive stocks.        Shareholders of SMRT had already received      accumulated dividends      more  than original IPO price-      which essentially means they are holding SMRT stocks are of no cost. (As Dividends over the years > SMRT IPO $0.61).      As SMRT consists of assets which are aging, it is a      depreciating assets (Which will impact the NAV $0.51) I boldly predict SMRT will fall below $1, and towards the  $0.70- $0.80 range  in months to come. 27 Jan- Market closed  $1.18 28 Jan- Market closed  $1.19 |
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yourdadisme
Member |
28-Jan-2014 21:54
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what? still no prediction?   looks like your short term analysis cmi at all.  predict long term  decline based on frequent breakdown? show me some FA and what you understand about the business model.          
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warrenbegger
Elite |
28-Jan-2014 00:49
Yells: "Anyhow Buy Anyhow Die ^_^" |
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U still dare to come out post sai again.. Anyhow tell other go dies, u very wicked monkey... And u got talent too, talent posting sai again, again and again.... Don't waste your time and effort here too, the zoo need u back, please be a good monkey, please....... 
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MetalTrader
Master |
27-Jan-2014 22:51
Yells: "Let Your Ignorance Be Shown Tomorrow! ~ PredictorX" |
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Don't worry. Be patient. Its time will come gradually. No hurry :)
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yourdadisme
Member |
27-Jan-2014 22:48
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Start posting your short term prediction. No time to wait 500 months for your prediction to come true, you know?  
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MetalTrader
Master |
27-Jan-2014 22:44
Yells: "Let Your Ignorance Be Shown Tomorrow! ~ PredictorX" |
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I got solution to make it good, cheap & fast. But, sadly i am not in position to make restructure. 
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Blanchard
Master |
27-Jan-2014 22:37
Yells: "Winners cry..... Losers smile....." |
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          SMRT service is still: Not So  Fast + Not So  Good  = Getting  Not So Cheap!!!   |
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MetalTrader
Master |
27-Jan-2014 22:37
Yells: "Let Your Ignorance Be Shown Tomorrow! ~ PredictorX" |
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SMRT remains overvalued- it doesn't say whether up or down. It just a neutral view. There is no prediction there.
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yourdadisme
Member |
27-Jan-2014 22:35
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" Even with fare increase, SMRT remains overvalued." This crap is posted on 19th Jan.    SHARE PRICE WENT UP  TO $1.20  on 20th Jan FAIL PREDICTION  COUNT : 1x  ![]()  
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MetalTrader
Master |
27-Jan-2014 22:13
Yells: "Let Your Ignorance Be Shown Tomorrow! ~ PredictorX" |
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Prediction (SMRT) 27 Jan b4 open-    I predicted that SMRT current price    $1.19 is far overpriced, and    will move downward below $1 before moving towards its fair value (2 digits). SMRT's NAV ($0.51)  with packed cabins, frequent breakdowns required increased maintenance cost.    The downtrend will move gradually overtime, which may take months. Besides, the    decrease in dividends  from 7 cents to 2 cents do not make it an attractive stocks.      Shareholders of SMRT had already received    accumulated dividends    more  than original IPO price-    which essentially means they are holding SMRT stocks are of no cost. (As Dividends over the years > SMRT IPO $0.61).    As SMRT consists of assets which are aging, it is a    depreciating assets (Which will impact the NAV $0.51) I boldly predict SMRT will fall below $1, and towards the  $0.70- $0.80 range  in months to come. 27 Jan- Market closed $1.18 |
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MetalTrader
Master |
27-Jan-2014 22:04
Yells: "Let Your Ignorance Be Shown Tomorrow! ~ PredictorX" |
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Good, i like your attitude.  Keep it up :)
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pasttime
Supreme |
27-Jan-2014 21:56
Yells: "gold silver are real money. not others iou." |
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think for resonable increased ptc after review will approved one. the bigger problem is how to get  a basic quality service. who knows the real problem? they cannot get basic correct and yet the monitor tell to increased freq,  this that. etc. sometimes it best to leave it to the people who runs the operation to suggest what is best. else maybe spend money get external consultant to help.
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yourdadisme
Member |
27-Jan-2014 21:33
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" I boldly predict SMRT will fall below $1, and towards the  $0.70- $0.80 range  in months to come" When  is that happening, trader got such low  standard?  I also can predict you will die in months to come. Question is...how many months, 3, 12, 36, 52,  500 months? you call this  prediction?    LMAO!!! lim beh give you  1 good  advice to secure your future. Go IKEA buy a chair and table and sit outside temple  and be a  full time  fortune teller.   
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Sporeguy
Elite |
27-Jan-2014 16:19
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$1.20 becomes resistance (see below). |
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