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SMRT
victortan
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29-Jun-2015 19:47     
 
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Actually, should have give Saw the former CEO a chance , she is the one for the job. look SMRT under her progress alot, maybe she over look on maintainance, shd be given a chance to redeem herself, n i believe she can do a better job, then the army boy.

BTW, i was shock when they send a soldier to head SMRT, shd have send him to help earhtquake victim in Nepal.
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victortan
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29-Jun-2015 19:35     
 
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I think hire Japanese better, those Sillyporean can only eat and talk big and collect big pay before the problem are solve. Should have send him to fight the ISIS.LOL more suitable, let them cut his head and hang it at the museum.
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blurnanke
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29-Jun-2015 18:51     
 
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Well, these monopoly companies can be listed to serve the purpose of distributing profit back to the commoners. We buy their shares and look for consistent dividend yield of 4 to 7%. That is doing good for the masses.

What has been wrong is that the leader puts a big chunk of profit into his own pocket first.

nqing87      ( Date: 29-Jun-2015 16:28) Posted:



i feel that monopoly companies providing essential services to the public should not be listed in the first place, like sgx & smrt.. their focus should be providing better services to the public, and not aiming to get more profits to be accountable to shareholders.. they would be better for public  to be govt owned if they are going to be monopoly.. now the public is put on the chopping board.. there' s no other train service providers & only smrt is in the playing field.. being a monopoly, they can raise the fares when opportunity comes as there' s no alternative train providers for public to choose from.. every year, smrt is constantly trying to raise fares.. if there is no need for govt review to approved fare hikes, smrt wont be shy to raise fares by many folds, while at the same time, providing us with bad services to cut cost, and  raise profits for shareholders.. they are not able to raise fares a lot or give too much bad services, ' cos they need to be accountable to the govt & control public outroar..

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blurnanke
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29-Jun-2015 18:40     
 
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Wonder why main stream media is very quite about this. Perhaps now people realise even if you change out the colonel and put in a professor, the problems wont be easily solved in a short period of time and we will continue to see train breakdowns for a while?

Auntie Saw must be feeling very sore about it, taking all the hits and shits unnecessarilylaugh

rachelyap      ( Date: 29-Jun-2015 16:33) Posted:

Then one of these days they are gng to start charging for breathing in oxygen.

It is ridiculous for them to profit frm commoners' daily neccessity. Then we will all be like "bo bian, lan lan lo, must take train what." This sucks. Being a commoner sucks.

nqing87      ( Date: 29-Jun-2015 16:28) Posted:



i feel that monopoly companies providing essential services to the public should not be listed in the first place, like sgx & smrt.. their focus should be providing better services to the public, and not aiming to get more profits to be accountable to shareholders.. they would be better for public  to be govt owned if they are going to be monopoly.. now the public is put on the chopping board.. there' s no other train service providers & only smrt is in the playing field.. being a monopoly, they can raise the fares when opportunity comes as there' s no alternative train providers for public to choose from.. every year, smrt is constantly trying to raise fares.. if there is no need for govt review to approved fare hikes, smrt wont be shy to raise fares by many folds, while at the same time, providing us with bad services to cut cost, and  raise profits for shareholders.. they are not able to raise fares a lot or give too much bad services, ' cos they need to be accountable to the govt & control public outroar..


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Qanghoo
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29-Jun-2015 17:54     
 
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This one I agree totally.  But actually there are two operators although it' s as good as one cos there' s very little they can differentiate.  Anyway, the problem with listing  monopolies of this kind is that people regard them as  div cash cows n form expectations of the tp based on expectations of x or y  cts of div.  Over time, the div n tp expectations are raised.  So, the coy is under pressure to produce good financial results year after year (can NOL do that?) to meet these seemingly insatiable expectations.    But instead of finding ways to cut cost n/or improve processes, they take the easy way out by slaughtering commuters.  Somehow, they get their way.  That' s why monopolies like these shd never be listed.  Same goes for SPost.  Last yr, Oct, increased postage n got a big story  into  Parliament to make it sound so altruistic.  Within months announced increase in div payout.  Again, does NOL have this luxury?

nqing87      ( Date: 29-Jun-2015 16:28) Posted:



i feel that monopoly companies providing essential services to the public should not be listed in the first place, like sgx & smrt.. their focus should be providing better services to the public, and not aiming to get more profits to be accountable to shareholders.. they would be better for public  to be govt owned if they are going to be monopoly.. now the public is put on the chopping board.. there' s no other train service providers & only smrt is in the playing field.. being a monopoly, they can raise the fares when opportunity comes as there' s no alternative train providers for public to choose from.. every year, smrt is constantly trying to raise fares.. if there is no need for govt review to approved fare hikes, smrt wont be shy to raise fares by many folds, while at the same time, providing us with bad services to cut cost, and  raise profits for shareholders.. they are not able to raise fares a lot or give too much bad services, ' cos they need to be accountable to the govt & control public outroar..

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rachelyap
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29-Jun-2015 16:33     
 
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 Alert Admin 		Then one of these days they are gng to start charging for breathing in oxygen.

It is ridiculous for them to profit frm commoners' daily neccessity. Then we will all be like "bo bian, lan lan lo, must take train what." This sucks. Being a commoner sucks.

nqing87      ( Date: 29-Jun-2015 16:28) Posted:



i feel that monopoly companies providing essential services to the public should not be listed in the first place, like sgx & smrt.. their focus should be providing better services to the public, and not aiming to get more profits to be accountable to shareholders.. they would be better for public  to be govt owned if they are going to be monopoly.. now the public is put on the chopping board.. there' s no other train service providers & only smrt is in the playing field.. being a monopoly, they can raise the fares when opportunity comes as there' s no alternative train providers for public to choose from.. every year, smrt is constantly trying to raise fares.. if there is no need for govt review to approved fare hikes, smrt wont be shy to raise fares by many folds, while at the same time, providing us with bad services to cut cost, and  raise profits for shareholders.. they are not able to raise fares a lot or give too much bad services, ' cos they need to be accountable to the govt & control public outroar..

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nqing87
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29-Jun-2015 16:28     
 
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i feel that monopoly companies providing essential services to the public should not be listed in the first place, like sgx & smrt.. their focus should be providing better services to the public, and not aiming to get more profits to be accountable to shareholders.. they would be better for public  to be govt owned if they are going to be monopoly.. now the public is put on the chopping board.. there' s no other train service providers & only smrt is in the playing field.. being a monopoly, they can raise the fares when opportunity comes as there' s no alternative train providers for public to choose from.. every year, smrt is constantly trying to raise fares.. if there is no need for govt review to approved fare hikes, smrt wont be shy to raise fares by many folds, while at the same time, providing us with bad services to cut cost, and  raise profits for shareholders.. they are not able to raise fares a lot or give too much bad services, ' cos they need to be accountable to the govt & control public outroar..
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Qanghoo
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29-Jun-2015 16:05     
 
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This type of mundane ops need what talent?  NOL is the coy that needs real talent to turn it around.  This one just squeeze commuters for more fares n raise rents for retain space will make a lot of money already.  Improve ops just put more trains n buses to run.  What' s so special? 

blurnanke      ( Date: 29-Jun-2015 10:10) Posted:



with the S$2.5 million, Singapore can easily hire 6 ~8 retired Japanese expatriates to run SMRT efficiently. When we need foreign talent, this is the time we need to be humble and learn from real experts out there in another country who dont think of putting millions in their own pocket just a year on the job. 
 

nqing87      ( Date: 27-Jun-2015 11:47) Posted:



to be fair, i think there' s slight slow improvement base on my commuting experience.. last time when commuting during peak hr after work from jurong east mrt via north south line, the queue to board the train is so horrible and the platform is filled with ppl.. it takes a really long time for smrt to finally increase the frequency of the trains during this peak hour and the queue reduce.. many more should still be improved, like the reliability of the train timing.. when the tv screen says like 3min to next train arrival, many times the train dont arrive at the time stated.. train sometimes still move slowly especially at peak hours, and we often heard the broadcast saying " due to train ahead, the train will be delay" .. still got lots of improvement, if we compare singapore train timing & japan' s.. im amazed at japan transport timing reliability.. when they say 3min on arrival, they meant 3min, whether it' s their bus or trains.. having said that, i dont think the slight improvement we see warrants a 100% rise in smrt ceo pay.. i understand pay rise will need to be attractive as a remuneration for taking up the crap mess that was left behind by previous ceo, but i think a 30% rise would be more than enough, not 100%.. and it' s not just his efforts.. there are many smrt staff & their management that help to execute the improvements.. so why arent these employees getting comparable pay rise as well lol.. one of the reasons why rich are getting richer is due to such cases..


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blurnanke
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29-Jun-2015 10:10     
 
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with the S$2.5 million, Singapore can easily hire 6 ~8 retired Japanese expatriates to run SMRT efficiently. When we need foreign talent, this is the time we need to be humble and learn from real experts out there in another country who dont think of putting millions in their own pocket just a year on the job. 
 

nqing87      ( Date: 27-Jun-2015 11:47) Posted:



to be fair, i think there' s slight slow improvement base on my commuting experience.. last time when commuting during peak hr after work from jurong east mrt via north south line, the queue to board the train is so horrible and the platform is filled with ppl.. it takes a really long time for smrt to finally increase the frequency of the trains during this peak hour and the queue reduce.. many more should still be improved, like the reliability of the train timing.. when the tv screen says like 3min to next train arrival, many times the train dont arrive at the time stated.. train sometimes still move slowly especially at peak hours, and we often heard the broadcast saying " due to train ahead, the train will be delay" .. still got lots of improvement, if we compare singapore train timing & japan' s.. im amazed at japan transport timing reliability.. when they say 3min on arrival, they meant 3min, whether it' s their bus or trains.. having said that, i dont think the slight improvement we see warrants a 100% rise in smrt ceo pay.. i understand pay rise will need to be attractive as a remuneration for taking up the crap mess that was left behind by previous ceo, but i think a 30% rise would be more than enough, not 100%.. and it' s not just his efforts.. there are many smrt staff & their management that help to execute the improvements.. so why arent these employees getting comparable pay rise as well lol.. one of the reasons why rich are getting richer is due to such cases..

Qanghoo      ( Date: 27-Jun-2015 07:58) Posted:



When all the mess started showing up after the major breakdown, even a COI was deemed necessary to root out the cause/es n recommend solution/s.  LTA itself had to play a big role to help set things right.  Govt had to also ' dirty' its hands to put in more buses, take over bus-route management, etc, to help improve bus scheduling n overall quality of bus service.    On top of all these, a  new bus contracting model has to be put in place.  Yes, the CEO may have played a big role, a leadership role,  in improving the situation.  But was it an earth-shaking or pivotal role that justifies the jaw-dropping increase in salary?  Don' t understand the philosophy behind the reward system for  some big public-service providers which are actually monopolies  where evolution of mkt-driven competitive benchmarks remains something we cld do with. 


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happyharvest
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28-Jun-2015 20:02     
 
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With the rail financing as a bonus, and future growth such as new stations opening = retail expansion and overseas engineering business   I see SMRT has potential to test at least $2, possible testing previous high. It will be a slow and steady ride up.
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nqing87
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27-Jun-2015 11:47     
 
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to be fair, i think there' s slight slow improvement base on my commuting experience.. last time when commuting during peak hr after work from jurong east mrt via north south line, the queue to board the train is so horrible and the platform is filled with ppl.. it takes a really long time for smrt to finally increase the frequency of the trains during this peak hour and the queue reduce.. many more should still be improved, like the reliability of the train timing.. when the tv screen says like 3min to next train arrival, many times the train dont arrive at the time stated.. train sometimes still move slowly especially at peak hours, and we often heard the broadcast saying " due to train ahead, the train will be delay" .. still got lots of improvement, if we compare singapore train timing & japan' s.. im amazed at japan transport timing reliability.. when they say 3min on arrival, they meant 3min, whether it' s their bus or trains.. having said that, i dont think the slight improvement we see warrants a 100% rise in smrt ceo pay.. i understand pay rise will need to be attractive as a remuneration for taking up the crap mess that was left behind by previous ceo, but i think a 30% rise would be more than enough, not 100%.. and it' s not just his efforts.. there are many smrt staff & their management that help to execute the improvements.. so why arent these employees getting comparable pay rise as well lol.. one of the reasons why rich are getting richer is due to such cases..

Qanghoo      ( Date: 27-Jun-2015 07:58) Posted:



When all the mess started showing up after the major breakdown, even a COI was deemed necessary to root out the cause/es n recommend solution/s.  LTA itself had to play a big role to help set things right.  Govt had to also ' dirty' its hands to put in more buses, take over bus-route management, etc, to help improve bus scheduling n overall quality of bus service.    On top of all these, a  new bus contracting model has to be put in place.  Yes, the CEO may have played a big role, a leadership role,  in improving the situation.  But was it an earth-shaking or pivotal role that justifies the jaw-dropping increase in salary?  Don' t understand the philosophy behind the reward system for  some big public-service providers which are actually monopolies  where evolution of mkt-driven competitive benchmarks remains something we cld do with. 

blurnanke      ( Date: 26-Jun-2015 14:35) Posted:



Wonder why social media doesnt make a big hoo-ha out of this outrageous pay package. Very strange. Thre previous auntie CEO Saw was given bad press for many many days for frequent train breakdown and the media said she is overpaid. Has the colonel really done a better job that makes him deserve so much?  Trains have been breaking down as frequent as during auntie CEO days!   

 


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Qanghoo
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27-Jun-2015 07:58     
 
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When all the mess started showing up after the major breakdown, even a COI was deemed necessary to root out the cause/es n recommend solution/s.  LTA itself had to play a big role to help set things right.  Govt had to also ' dirty' its hands to put in more buses, take over bus-route management, etc, to help improve bus scheduling n overall quality of bus service.    On top of all these, a  new bus contracting model has to be put in place.  Yes, the CEO may have played a big role, a leadership role,  in improving the situation.  But was it an earth-shaking or pivotal role that justifies the jaw-dropping increase in salary?  Don' t understand the philosophy behind the reward system for  some big public-service providers which are actually monopolies  where evolution of mkt-driven competitive benchmarks remains something we cld do with. 

blurnanke      ( Date: 26-Jun-2015 14:35) Posted:



Wonder why social media doesnt make a big hoo-ha out of this outrageous pay package. Very strange. Thre previous auntie CEO Saw was given bad press for many many days for frequent train breakdown and the media said she is overpaid. Has the colonel really done a better job that makes him deserve so much?  Trains have been breaking down as frequent as during auntie CEO days!   

 

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blurnanke
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26-Jun-2015 14:35     
 
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Wonder why social media doesnt make a big hoo-ha out of this outrageous pay package. Very strange. Thre previous auntie CEO Saw was given bad press for many many days for frequent train breakdown and the media said she is overpaid. Has the colonel really done a better job that makes him deserve so much?  Trains have been breaking down as frequent as during auntie CEO days!   

 
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nqing87
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25-Jun-2015 09:44     
 
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saw today newspaper saying that the smrt ceo pay got double, from annual  1+ mil to 2+mil pay.. so now we know where our increased fare price money goes to despite falling oil price haha.. makes me wonder why their ceo got 100% pay rise in a year, while most of the employees everywhere in singapore only have few % pay rise.. do these employees not contribute to the company?
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buysellbuysell
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24-Jun-2015 22:34     
 
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Yells: "someone please sell down low so that others can buy low"
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Buy tp 1.8x
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happyharvest
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21-Jun-2015 23:13     
 
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supported by weekly 200SMA/EMA. short at your own risk.

marubozu1688      ( Date: 21-Jun-2015 13:59) Posted:



SMRT rejected at 20D SMA with evening start!

http://mystocksinvesting.com/singapore-stocks/smrt/smrt-breakdown-from-symmetrical-triangle-shorting-time/

happyharvest      ( Date: 16-Jun-2015 22:44) Posted:



already mentioned at support and above 200 ema. there are chances of some surprises. shorties wouldn' t want to hold for long.


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marubozu1688
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21-Jun-2015 13:59     
 
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SMRT rejected at 20D SMA with evening start!

http://mystocksinvesting.com/singapore-stocks/smrt/smrt-breakdown-from-symmetrical-triangle-shorting-time/

happyharvest      ( Date: 16-Jun-2015 22:44) Posted:



already mentioned at support and above 200 ema. there are chances of some surprises. shorties wouldn' t want to hold for long.

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happyharvest
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16-Jun-2015 22:44     
 
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already mentioned at support and above 200 ema. there are chances of some surprises. shorties wouldn' t want to hold for long.
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buysellbuysell
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16-Jun-2015 22:32     
 
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probably can go in lo.... SMRT
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enjoylife77
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14-Jun-2015 08:03     
 
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enjoylife77      ( Date: 15-Jul-2014 02:50) Posted:

LTA says SMRT has $2b in obligations until 2019
By
samuel ee
print  |email this article


SMRTrail12072014


RAIL operator SMRT' s financial obligations for the next five years are estimated to be about $2 billion, a sum that includes buying over operating assets and paying for re-signalling works - PHOTO: ST
SMRTrail12072014
 


RAIL operator SMRT' s financial obligations for the next five years are estimated to be about $2 billion, a sum that includes buying over operating assets and paying for re-signalling works. The Land Transport Authority (LTA) revealed this yesterday, after Transport Minister Lui Tuck Yew was asked in Parliament this week for the details of the Rail Financing Model proposal submitted by SMRT in April.

In his reply, he had said that he was unable to disclose details because discussions between SMRT and LTA on the transition to the new rail financing framework were confidential. " However, I understand that there remains a wide gap between SMRT' s expectations and LTA' s position," he said.

" One of LTA' s considerations is that the valuation of SMRT' s business must take into account not only the value of the existing assets it owns, but also its current and future capital expenditure obligations, as required under the existing licences."

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