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SMRT
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sgng123
Supreme |
28-Jul-2016 21:16
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Or it could apply for provisional liquadation just like swiber romourer to worth billion, now closing shop investors all wiped out lol.
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Goldfinger
Supreme |
28-Jul-2016 20:57
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Think of the alternative and they come out to support the $1.68 resoundingly?
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Goldfinger
Supreme |
28-Jul-2016 20:54
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Then great time to collect as the next price will have to be higher than $1.68 to take private no?
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viromics
Senior |
28-Jul-2016 20:53
Yells: "If I am thinking buying, it is an opportunity to sell" |
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It seems difficult to get 75% yes for privitization.  |
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sgng123
Supreme |
28-Jul-2016 20:52
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Worst case is DO fail and SMRT tank to 1 dollar no biggy lol. |
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happyharvest
Elite |
28-Jul-2016 20:39
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is it for show due to they are under pressure or they genuinely want to help investors? time will tell http://www.channelnewsasia.com/news/business/investors-express/2993892.html |
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Goldfinger
Supreme |
28-Jul-2016 18:17
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Kudos to SIAS..
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Goldfinger
Supreme |
28-Jul-2016 18:11
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Anyway I am not keen to sell based on a 75% vote at an EGM at this price. If it's 90% consensus and trigger compulsory acquisition then I will of course respect the views of the majority.
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GoldNugget
Elite |
28-Jul-2016 17:50
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http://www.maybank-ke.com/media/2054/140321-sector_singapore-land-transport.pdf   |
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Goldfinger
Supreme |
28-Jul-2016 17:18
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SIAS just commented. Can read CNA. | ||||
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Qanghoo
Supreme |
28-Jul-2016 16:56
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I think analysts all crackpots out to sensationalise only.  Why wld the State treat two national transport providers differently?  If formula is for SMRT to earn 5% EBIT, then same shd apply to SBST.  Otherwise, LTA shd be subject to parliamentary scrutiny.  So, why is SBST in a better position I wonder? 
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halleluyah
Supreme |
28-Jul-2016 13:40
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I' ll vote YES.... |
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Siwomp
Supreme |
28-Jul-2016 13:39
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For the record, i am not a supporter of TH...... but i am a die hard fan of profit...... hehe..... Huat Ah!
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GoldNugget
Elite |
28-Jul-2016 13:36
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  all shld vote no ... Then we can see who is correct..smrt up or down will be very clear.  
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JTWKSG
Member |
28-Jul-2016 13:35
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Wah, a die hard TH supporter spotted! " artificially higher price" somemore....like that also can... Anyway, I rest my case. Not going to spend time agrue with " die hard fans"   Vote with your eyes open, folks! 
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Siwomp
Supreme |
28-Jul-2016 13:12
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That is why i say TH doing national service lor...... 1.68 is not attractive, but it is an artificially higher price for those who want to exit......... at this price, they are not very serious in their effort to take it private, or it could be they are very confident of success....... hehe....
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Siwomp
Supreme |
28-Jul-2016 13:05
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swaping sleeper is only the begining. If a system is not build so higher loading and usage,...... there will be other issues...... i suspect ..... relating to vibration and tolerance...... imho..... dyodd.
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JTWKSG
Member |
28-Jul-2016 12:44
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According to the news, their sleeper replacement project is targetted to finish by end 2016. Nice timing, isn' t it?  http://www.straitstimes.com/singapore/transport/east-west-line-sleeper-replacement-project-14-done-to-finish-by-end-of-2016 East-West Line sleeper replacement project 14% done, to finish by end of 2016PUBLISHED
NOV 13, 2015, 8:20 AM SGTSINGAPORE - Around 14 per cent of the ageing timber sleepers on the East-West Line (EWL) have been replaced with concrete ones, and the project is steaming ahead to finish by the end of 2016. Rail operator SMRT said that having a larger fleet of Road Rail Vehicles (RRV), which are used to transport and hoist the sleepers onto the tracks, and the setting up of temporary staging areas have helped to maximise the three-hour window it has every night to do the works. The media was shown a staging area in Kallang during the early hours of Friday morning, where four RRVs are deployed and concrete sleepers are stored. Sleepers are used to hold tracks in place, and concrete ones are more durable with a longer lifespan of up to 50 years. Built over a field, the staging area in Kallang is located where the train tracks are fairly level to the ground, allowing the RRV to be launched quickly onto the tracks. There are similar staging sites in Redhill and near the train depots in Changi and Ulu Pandan. SMRT said that stopping train services on stretches of the EWL half-an-hour earlier will also allow its contractor, Gammon Construction, to replace 25 per cent more sleepers.   The early closure starts from Nov 15 till the end of the year, with nine stations between Bugis and Tanah Merah being the first stretch to be affected. It will apply from Sunday to Thursday, with the exception of the eve of public holidays. Mr Roger Lim, SMRT' s programme director for track infrastructure, said: " We understand that this will create inconvenience to the public, and we appreciate all the support... so we can expedite the work." As the works are done early in the morning, Mr Lim said SMRT is taking steps to minimise disturbance to nearby residences. " We have sound barriers and protection gauze for sound-emitting devices, like generators. We also put noise measuring systems to help us understand the noise generation, so we can stop and control the noise, as and when it reaches a threshold," he added. There are more than 92,000 timber sleepers to be replaced on the East-West Line. An earlier project to swap out 96,000 wooden sleepers on the North-South Line was completed in April 2015. Since it started on the re-sleepering efforts two years ago, SMRT has increased its fleet of RRVs from two to 14.
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JTWKSG
Member |
28-Jul-2016 12:26
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Bad economy, all the more transport will " huat" , isn' t it? Vote with brain not fear.  $1.68 is too low the price to give up the bright spots for transport. To enticed shareholders to give up their resilient cash cow at $1.68 with a mere 8.7% premium which is below the market norm, is an attractive offer?  However, if TH could offer a higher offer price,  most shareholders will be more than happy to sell their shares including me.   But at this $1.68 price, believed many are still not convinced.   Will SIAS say something to help SMRT long term shareholders? Especially those who buy at $1.70-$2.3 range previously. Anyway, I don' t have high hopes for SIAS.
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Siwomp
Supreme |
28-Jul-2016 11:24
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besides the age different and the maintenance cost of the assets, another possible reason...... speculation only ah..... might be the older tracks are not built for the vastly increased loading from passengers and perhaps the new trains. so the older lines needs major overhaul lor. ...... anyone one in the know can comment?
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