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SMRT
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happyharvest
Elite |
24-Sep-2015 23:57
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  21 Jan 2015  News Releases 1. To help needy families cope with the fare adjustment, the Government will draw down $7.5 million from the Public Transport Fund to fund 250,000 Public Transport Vouchers.
2. Similar to last year, each Public Transport Voucher is worth $30 and can be used to purchase or top up fare cards, or buy monthly concession passes. The Public Transport Vouchers will be distributed throughout the year. 3. Application for Public Transport Vouchers will start from 16 March 2015. Households can make enquiries or applications at their local community centres/clubs. The People&rsquo s Association will work with the Citizens' Consultative Committees (CCCs) to help send out the vouchers from mid-April. 4. Upon successful application, each household will receive one Public Transport Voucher. However, the CCCs may exercise discretion to subsequently provide additional Public Transport Vouchers to households whom they deem need more help. 5. Residents can approach their grassroots leaders or make enquiries at their local community centres/clubs.  Ministry of Transport  People&rsquo s Association 21 January 2015
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happyharvest
Elite |
24-Sep-2015 23:54
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" The $5.4 million fine will go to the Public Transport Fund, which pays for transport vouchers to help needy families."   So in the end that $5.4M will go back partially to SMRT!
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Qanghoo
Supreme |
24-Sep-2015 23:15
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What' s the worry.  Just ask for a fare raise in it shall be granted.  In the end who pays? 
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happyharvest
Elite |
24-Sep-2015 19:55
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remember analyst expectation of the fine to be $10M? It is less than 10M though is the highest... already factor in.. give it some room for reaction and that is it |
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lglg666
Supreme |
24-Sep-2015 18:16
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wah.....peng, if this ( share price ) is to continue to happen then it was a bad sign for the future.
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ysh2006
Supreme |
24-Sep-2015 16:53
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A fine of $5.4M for train breakdown can bring down share price how much ?...
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bishan22
Supreme |
24-Sep-2015 13:42
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Agreed. They oso cannot complain on any issue too. Inclusive of weather. Hahaha.
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temp123
Senior |
24-Sep-2015 12:32
Yells: "." |
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70% of singaporeans ok with train overcrowded, delay, breakdown, poor services, for the next 5 years. This is the moat. |
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happyharvest
Elite |
24-Sep-2015 12:06
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hmmm.. speculation la... 
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fernvale
Master |
24-Sep-2015 12:06
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Bo tai chi, just increase fares can liao. Ah gong one, no worries...wu tai chi oso become bo tai chi | ||||
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enjoylife77
Veteran |
24-Sep-2015 10:28
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The neglected ageing network that attracted heightened regulatory supervision,   poor overseaas investment, directionless management,  unrealistic PTC fare guidelines  means more trouble  ahead.  |
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happyharvest
Elite |
24-Sep-2015 00:50
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if all those happens, CEO need to step down. haha
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enjoylife77
Veteran |
23-Sep-2015 23:42
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Recurring breakdown,,,,,, more financial penalty,,,,,,,, nil dividend for shareholder. |
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happyharvest
Elite |
23-Sep-2015 22:15
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what is the worst?
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mrwise
Supreme |
23-Sep-2015 22:10
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Monday will drop big big.... caution... | ||||
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enjoylife77
Veteran |
23-Sep-2015 21:06
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For shareholder, the worst is yet to be. |
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happyharvest
Elite |
23-Sep-2015 21:01
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Kena fine 5M . most likely factor in already. time to move on and look forward to the growth factors. |
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blurnanke
Member |
18-Sep-2015 13:19
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Whenever an ascending and converging triangle is forming in stock price over a period of time, it tells us something is brewing, and only insiders will know what is going on. As outsiders we always hunt for these marks and traces and then take a gamble to jump in to buy long, never mind what the heck is brewing.  But bo bao jiak. Sometimes the price just crashes precipitously. In this case, those who have gone in at 1.20 got it right.
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pinkowl
Supreme |
18-Sep-2015 11:02
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It' s forming a higher high...which is great it it holds on till closing. Means change in trend, from down to up. |
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pinkowl
Supreme |
18-Sep-2015 11:00
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Maybe. But then SMRT said it' s unaware wor?
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