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SMRT
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GoldNugget
Elite |
21-Jul-2016 20:04
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Who are the big investor of SMRT other the TH? The rest I saw I funds with less then 1%
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sgng123
Supreme |
21-Jul-2016 20:02
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It a done deal most likely temasek gang up with big investors to hit 90% threhold then force buy everyone, gameover rinse and repeat on next tgt company. |
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Goldfinger
Supreme |
21-Jul-2016 19:55
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Interestingly - the most vocal group in this forum shouting to accept the scheme are people who seem to be without any positions in SMRT and who won't be voting or affected - gives you a good glimpse of how the vote could pan out doesn't it?
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Biffeen
Member |
21-Jul-2016 17:01
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Today most of the deal done is by counterparty RHB securities. BECAREFUL. The person are throwing out a lot of the share. Best Don' t Buy.  |
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GoldNugget
Elite |
21-Jul-2016 16:57
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not much volume .. 30m only...  
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Goldfinger
Supreme |
21-Jul-2016 16:38
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So given the thin margin are those buying at this price intending to vote against at the EGM and seek a better price? Hmmmm..
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pinkowl
Supreme |
21-Jul-2016 16:33
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Seems like not much interest....people selling off rather than wait for AGM approval. |
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earlybird14
Supreme |
21-Jul-2016 15:33
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The news was disclosed by Hong Kong side when they ordered the train from same company and widely spread in forum, then smrt and lta admit and announced officially.
So the train system break down in fact is more complicated than we think, which make gov decide to privatised smrt and hopefully can resolve the gap in between service operator and lta. So in fact all these faulty train is still commuting passenger day by day and under monitor. Too bad it is quality issue. Who to blame? http://www.straitstimes.com/singapore/transport/china-made-mrt-trains-sent-back-to-fix-defects
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toss52
Member |
21-Jul-2016 15:25
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Sept Oct meeting then decide?! 4Q then deal done?! wth? our money stuck for so long ah? |
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GoldNugget
Elite |
21-Jul-2016 14:19
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actually they are indeed sending back train due to structual issues. thought they deem the issue to be none critical, so they are sending 1-2 train a year.. will take 6-7 year to fix everything. secret or not i dont know .. but there is a new report on this
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sgng123
Supreme |
21-Jul-2016 14:08
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SMRT deal is over before it even start, management indicated company cannot be profitable when lta pull the plug on monopoly. Retail investors only choice is sign off the 1.68 offer and be done with it. This deal be completed in 4q, smooth smooth. |
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Lepin888
Veteran |
21-Jul-2016 14:03
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Done deal...scheme of arrangement and not GO | ||||
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KAMAL0883
Supreme |
21-Jul-2016 13:39
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secretly ? such a huge body for train how to send back secretly ?? earlier bullshit over Noble now bullshit SMRT again
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GoldNugget
Elite |
21-Jul-2016 13:38
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they shld claw back the past dividend .. ask TH cought out ....lol
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GoldNugget
Elite |
21-Jul-2016 13:36
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already ex dividend... so u will get you divident on Aug 4 regardless of what TH offers.    
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GoldNugget
Elite |
21-Jul-2016 13:35
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it is reserves, cpf , tax surplus .... government always have the trump card call inflation..... Suprising thing is I was in London many years ago... keep complaining abt tube shutdown due to repairs, signal failure or strike .. tell my collegue in UK say SG MRT no disruption... when i come back... all these MRT issue surface.... recently went back to UK again .... I didnt experience any service disrupton while I am there..... This is a 100+ year system vs a 20+ year system. Anyway dont think Temsek will offer 1 sgd for SMRT if current offer is rejected .. i dont think it will be rejected. There is a reason why after LTA announcement, TH follow up with an offer with no trading inbetween.  
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luvkarena
Member |
21-Jul-2016 13:32
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When will we know the outcome? Will the offer price is before the dividend or after the dividend? pls advise. thanks. |
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Siwomp
Supreme |
21-Jul-2016 13:32
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Killing the "golden goose" | ||||
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Siwomp
Supreme |
21-Jul-2016 13:27
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this is not uncommon in the corporate world, world wide. I have worked in an american mnc that got sunk in 3 or 4 years in similar manner.
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earlybird14
Supreme |
21-Jul-2016 13:25
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With our cpf.
We may face the same problem in Europe when we are old in future. Temasek shall just offer 1 dollar for smrt.
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