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2501-2520 of 2545
Still facing heavy selling pressure and hope 30-Apr result announcement same div as last year, and help to sustain its share price a bit. I guess its share price will stay low for a while......
BTW, I bought some yesterday and keep it under my pillow.
Many ppl disregard this counter which will be very good one to keep long.
1) COE n car price will never come down anymore,
2) when ppl buy properties the 1st thing must be near MRT
3) everywhere price increase, salary, food, petrol etc --> inflation is here to stay
So once SMRT settle their issues (which this time they dont dare play play anymore) the sure dare to ask for price increase anyway we have no choice also.
i swim 20 laps everyday . Staying healthy also helps you to be mentally alert all the time.
If i will you i start to run to and fro from work place, it save you money, and you got good health.
i am sad today ,because i m too lazy to exercise , so bad health,
have u heard ppl running to work and back, or at least cycle..
albeniz ( Date: 26-Apr-2012 13:49) Posted:
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Think SMRT will need to focus on maintaience from today on...........will eat into profit...
Dont lose focus. With other stocks high rocketed and some into uncharted lala land, this is a presented opportunity. This stock may be clobbered for now, once the issues are resolved with incoming fare hikes (you and i have to foot some of the 900m maintenance if you take the trains), the stock price will bounce back. This company is NOT going to go burst anytime soon. I will definately BUY when the stock price stabilized.
With cars and taxis so expensive and MRT breaking down so frequently. Better start learning to ride a motor bike.
NOT JOKING.
How long will the MRT be shut down for 900 million maintenance work?
si liao, those who has no cars or motobike, must learn how to take bus..
Dropped from 1.825 to 1.735 and then now is 1.70.
More down side expected, see how they perform when the quarter report out on 30 Apr 12...
rutheone1905 ( Date: 25-Apr-2012 14:52) Posted:
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Those who died down in the track, now come back to make their cliam...
SMRT better go do the Prayer ceremoney lar... like when we in army , 9 religions. prayer session...better do than sorry, 900 million now, next time, they might have to pay more. Never say never...
infancybird ( Date: 25-Apr-2012 13:32) Posted:
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Today a huge gap down n similar gap up will occur tomorrow unless today recover all the lost. Dividend is for last yr performance so would be affected unless they play insider........hee accountants should know lar
Now you know the earlier price increased is designed to cushion this expected downfall after the 900 million announcement.
A form of SGX approved manipulation by the SMRT mgt or govt related coy.
albeniz ( Date: 25-Apr-2012 12:48) Posted:
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900 mil is about its one year revenue, but not the whole 900 mil pay by SMRT.
Earlier the company announced its dividend pay out policy remains unchanged, but not sure how much they can pay this time round. Lets see what happen on 30-Apr.
Immediately after the announcement of going to spend $900 million to fix train problems, the stock price plunges from $1.825 to $1.735?
Price increases to 1.825 now. Is it because of the high 90k COE? More people will turn to public transport, expected increase in ridership encourages the increase in share price?
SMRT has been rising from 1.74 to 1.805 recently despite the recent frequent breakdowns over the last few days.
Anything in the brewing? Seems quite gravity-defying.
SMRT got players now??
Kim Eng on Singapore Land Transport
http://sgxreports.blogspot.com/2012/04/singapore-land-transport.html