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SMRT
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Goldfinger
Supreme |
09-Aug-2016 20:36
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Fully agree - it's not a fair price at all. Period.
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pinkowl
Supreme |
09-Aug-2016 19:38
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I am not vested and I dun think it's fair. They only offering such tiny premium over last traded price. Oil is down and advertisement and rental revenue is good, plus this is a an oligopoly. Price should be higher than 168, no doubt it's a nice and auspicious number. But 208 would have been more justified.
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investshare
Supreme |
09-Aug-2016 19:11
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Then must congrat you first!
But I don't think argument that 'I buy high, so takeover price must be higher' will be valid. Shareholders have to debate based on whether the offer price is fair.
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Goldfinger
Supreme |
09-Aug-2016 18:41
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Truly sad that Sim Lian family is far more generous with their offer price than our own home grown SWF. | ||||
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sun233
Elite |
09-Aug-2016 17:51
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I bought way before takeover announcement, was expecting govt to takeover.........Too low, how to go there and make noise. LOL
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pinkowl
Supreme |
09-Aug-2016 16:10
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Those holding above 1.68 should attend and voice your concerns. Sun got it at good price. No bargaining chip to ask for higher price..
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investshare
Supreme |
09-Aug-2016 10:59
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The onslaught by Uber and Grab is fierce.
Buses posted a profit of $202,000, down from $1.5 million. Taxi profit fell from $5.5 million to $4.5 million as more cabbies switched to other firms or migrated to private-hire fleets. |
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investshare
Supreme |
09-Aug-2016 10:04
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CANT ATTEND COZ MY ENTRY PRICE IS 1.47.???
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sun233
Elite |
09-Aug-2016 07:37
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LONG TERM HOLDERS SHOULD ATTEND,ESPECIALLY RETIREES. THESE THINGS(DIALOGUE)   HAVE A TENDENCY TO RAISE OFFER PRICE. I CANT ATTEND COZ MY ENTRY PRICE IS 1.47. SIAS will meet with SMRT directors and Temasek officials separately in due course to raise the aforesaid concerns of shareholders. SIAS will also arrange a dialogue session with shareholders with the Board and senior management of SMRT and its shareholders in due course on their concerns. SMRT shareholders interested to attend the dialogue session should register their interest with SIAS via email at  [email protected]    Shareholders have raised their concerns as to why Temasek is pursuing the privatisation deal through a scheme of arrangement rather than a general offer. Long term shareholders of SMRT have also asked why no special dividends from the sale of assets of $991 million under the proposed NRFF. Shareholders have also asked SIAS if the price offered is fair. Temasek has announced a cash offer of $1.68 per share. I DUNNO BUT I THINK THERE IS A SLIGHT PROBABILITY OF AN INCREASE............ MAYBE WISHFUL THINKING. |
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enjoylife77
Veteran |
09-Aug-2016 04:28
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Other than advertising, all sectors declined.  The trouble dont seems to end. |
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investshare
Supreme |
08-Aug-2016 20:09
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SMRT?s 1Q earnings slide 22.9% to $15.5 mil
By Jude Chan / theedgemarkets.com.sg | August 8, 2016 : 7:55 PM MYT Printer-friendly versionSend by emailPDF version Translated by Google Translator: Select Language ▼ SINGAPORE (Aug 8): Transport operator SMRT Corporation on Monday announced its earnings for 1QFY17 ended 30 June fell 22.9% to $15.5 million, from $20.1 million in the same period last year. Revenue dipped 2.0% in 1QFY17 to $313.9 million, from $320.3 million last year. |
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famouspinky
Supreme |
08-Aug-2016 16:26
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U want sj to be more popular? More people will know what's reality. U want to try?
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famouspinky
Supreme |
08-Aug-2016 16:20
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Well said. It's good and better for sg gvt to impose more restrictions/ measures to property speculators. Seems like sgporeans have only 1 thing in thier minds, tak8ng high loans and buying and selling properties.
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sgng123
Supreme |
08-Aug-2016 15:46
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Notice 1.63 is the bare minimum fund willing to sell and volume very low. Assuming buying on open 1.63 and wait out till offer get accepted in oct, yield = 2.5% approx. Similiar to what u get from 30 years sg bond but in span of max 3 months till oct end. 29 sep 16 is asset disposal date after that is clear the delist offer egm would come, still got like 45 days to consider and i seeing a oil correction trade pattern soon since oil demand typical weaken in aug to sep period. Safe safe bet on smrt if u too scared to trade on oil trend but u need to place ur order early as big q everyday 4mil plus on bid/buy |
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Tangowhisky
Member |
08-Aug-2016 09:12
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Recieve the letter from SMRT. But it' s only the EGM for sale of asset to LTA. Nothing about the termasek buy over. |
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Qanghoo
Supreme |
03-Aug-2016 15:48
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Yep, but the way these fellas are painting the situation, if the situation does come true, u think they will still be so senang regurgating all sorts of rubbish here.  Probably this SJ will become a ghost town liao cos lots of people lost jobs the economic collapse will have much more urgent things to fret themselves to death.  So, let' s hope it happens lor. 
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Goldfinger
Supreme |
03-Aug-2016 15:17
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I have bought cheap properties many times before from such desperate fire sellers. Lelong time again soon???
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sgng123
Supreme |
03-Aug-2016 14:21
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Look like mrt is safest bet on temasek delist offer, only worry is possibility on hitting 75% without support of temasek stake. 2 to 3% kopi money gain but u need to hold cannot trade, now can wait a bit but strike before the formal DO annoucement as cdp need to register eligible investor. |
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Qanghoo
Supreme |
30-Jul-2016 09:50
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Everything collapses, jobs lost by the thousands, country go into big recession, domino effect spread like wild fire.  Very happy situation to imagine.  Let' s see what happens n when these things happen. 
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Lepin888
Veteran |
30-Jul-2016 08:56
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Now trading 1.63...arbitrage getter better....must hold until Oct or Nov though. |
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