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victortan Elite	10-Jul-2015 00:03        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	If brk 1.4, better get out first, before the train go down hill like a indianna jones at the temple of doommmm.LOL
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victortan Elite	10-Jul-2015 00:01        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think maybe too little, got to give more so it works..maybe 7M.. who knw, and still not working than 20m, beat Oxley CEO to the 1st place, coolwater      ( Date: 09-Jul-2015 23:47) Posted: Just imagine paying the CEO of SMRT $2.2m for an operating job in a monopolistic company!!!!! This is a big JOKE!. Desmond Kuek came out to boast about improving the operations 1 week ago in the ST and afterwards a few days later, we have a MAJOR breakdowns during peak hours on BOTH N-S and E-W lines. Till today, nobody have an idea what cause the break downs.Frankly, whichever joker you put a as CEO of SMRT, the commuters will always be there. What we want is a 100% reliable and not overly congested transport system in a country where COE is $60K!
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victortan Elite	09-Jul-2015 23:58        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	the last i think it was a dollar, before the LTA news come and push it up to 1.6 plus,,those buy at close to 1.8 are sucking their thumb now.. enjoylife77      ( Date: 09-Jul-2015 17:12) Posted: It had been on downward bias for a long time. Dont expect optimistic number going forward.
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coolwater Member	09-Jul-2015 23:47        coolwater About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just imagine paying the CEO of SMRT $2.2m for an operating job in a monopolistic company!!!!! This is a big JOKE!. Desmond Kuek came out to boast about improving the operations 1 week ago in the ST and afterwards a few days later, we have a MAJOR breakdowns during peak hours on BOTH N-S and E-W lines. Till today, nobody have an idea what cause the break downs.Frankly, whichever joker you put a as CEO of SMRT, the commuters will always be there. What we want is a 100% reliable and not overly congested transport system in a country where COE is $60K!
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coolwater Member	09-Jul-2015 23:44        coolwater About Contact  Quote this Post!
x 0   x 0  Alert Admin	So many generals parachuted into GLCs and ministries and paid millions. Every time, you hear the same excuse, &ldquo We are extremely concerned&rdquo , the usual you will hear from the transport minister. And look at the NOL, the sinking ship, after so many years, it is still sinking. The SMRT sample is classic, let me tell you why. The Japan MRT, the CEO is paid a fraction of what SMRT is paying DQ and yet there is no failure throughout the year. The China MRT, the CEO is paid a fraction of Japan MRT CEO, the failures are not even worth mentioning. These foreign train systems carry traffic many times what our local SMRT is carrying and yet their failure rate is nothing compared to the circus we have in Singapore.
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KiLrOy Elite	09-Jul-2015 21:39        KiLrOy About Contact  Quote this Post! Style: Combined   Mood: Yells: "I buy only what I can see."
x 0   x 0  Alert Admin	now everyone is looking at how much SMRT will be fine and if it will impact its books. The speculation will have some price violatility~   I bet the mgmt will also come out to say some hawkish statement thereafter.
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buysellbuysell Master	09-Jul-2015 19:02        buysellbuysell About Contact  Quote this Post! Style: Flexible   Mood: Yells: "someone please sell down low so that others can buy low"
x 0   x 0  Alert Admin	train loss power signals SMRT also loss power to go up probably, the dividend grab is not meaningful for now. maybe long term maybe no dividend as now the problem already amplified probably. power problem is very diffcult to handle as power surge may damage the cables thoughout the SMRT systems probably. maintain sell on this counter SMRT.
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enjoylife77 Veteran	09-Jul-2015 17:12        enjoylife77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It had been on downward bias for a long time. Dont expect optimistic number going forward.
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victortan Elite	09-Jul-2015 16:42        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is one and only, but if ppl screw it, and if that is your one and only,good luck to you. Economic moat mostly work, but if they dont.....
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enjoylife77 Veteran	09-Jul-2015 16:35        enjoylife77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dont hope for sustainable dividend  in this counter.
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beginners Veteran	09-Jul-2015 09:47        beginners About Contact  Quote this Post!
x 0   x 0  Alert Admin	You got your point bro. Monopoly! We are LL after all. Because they are 'ISO' company. ISO=I say only. Lol!
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nqing87 Supreme	09-Jul-2015 09:31        nqing87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	it' s a dilemna.. they cannot make losses, ' cos they are listed company & they need to account to shareholders.. since they are monopoly, so they will be able to play with the fares to ensure that they continue to earn money.. moreover, ah gong temasek is big shareholder inside smrt.. so indirectly, we are paying " taxes" to our government and contribute money to the govt funds.. they are just striking a balance to ensure the rising  fares does not cause too much public displeasure.. if no one complain about breakdowns or rising fare, i can say that we would have gotten leech on even more and they would happily approve more rising fares.. beginners      ( Date: 09-Jul-2015 09:02) Posted: They should have earning enough for the pass 35years! Taking a few 100 millions out for upgrade shouldn't be a problem for them. Even the next 2 to 3 years they operate at loss without profit also still a gain as compare to the pass 35 years of profits. Also I think for every break down should cut the top management pay or variable component 5- 10% to make them look into the serious problem. If not they don't feel the pain. Only used mouth to say "understand commuters feelings'".
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beginners Veteran	09-Jul-2015 09:02        beginners About Contact  Quote this Post!
x 0   x 0  Alert Admin	They should have earning enough for the pass 35years! Taking a few 100 millions out for upgrade shouldn't be a problem for them. Even the next 2 to 3 years they operate at loss without profit also still a gain as compare to the pass 35 years of profits. Also I think for every break down should cut the top management pay or variable component 5- 10% to make them look into the serious problem. If not they don't feel the pain. Only used mouth to say "understand commuters feelings'".
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shuncheng Senior	09-Jul-2015 08:48        shuncheng About Contact  Quote this Post!
x 0   x 0  Alert Admin	..... Green and Red lines are 35 years old now when our cars need to scrap within 10 years, it is high time for a total up-grading... furthermore, management is top down instead of listening to the ground that makes things more unpredictable... should go for preventive maintenance and proactive maintenance instead of breakdown maintenance... do take care if tender only awarded to cheapest will ruin the effort... More breakdown to come? Hope not
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lingua101 Veteran	09-Jul-2015 08:26        lingua101 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just hope this won' t happen exactly a month from now.
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beginners Veteran	09-Jul-2015 02:27        beginners About Contact  Quote this Post!
x 0   x 0  Alert Admin	What a "good" present for SG50 from SMRT! It's a ashamed that every now and then got breakdown. This is the worst so far. They really got to put in more effort and budget more for maintenance & routine inspection.
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beginners Veteran	09-Jul-2015 02:21        beginners About Contact  Quote this Post!
x 0   x 0  Alert Admin	What a "good" present for SG!!!
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KiLrOy Elite	08-Jul-2015 23:52        KiLrOy About Contact  Quote this Post! Style: Combined   Mood: Yells: "I buy only what I can see."
x 0   x 0  Alert Admin	too many chefs (chiefs) spoil the soup.  I am also wondering how easy is it to hack into the electrical system on the train. Did they even consider if its a terrorism act/
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Octavia Supreme	08-Jul-2015 23:28        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	It is interesting to know that the 4 persons mentioned here were all formerly from the SAF: Top management all military men,wonder how what they know about rail & engineering. Transport Minister Lui Tuck Yew &ndash Chief of Navy, RADM (NS) LTA CEO Chew Men Leong &ndash Chief of Navy, RADM (NS) SMRT CEO Desmond Kuek &ndash Chief of Defence Force, LG(NS)   If under late PM Lee Kuan Yew all non-performing chiefs were be fired long time ago. https://www.youtube.com/watch?v=ncYO9YYqbv4
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victortan Elite	08-Jul-2015 23:17        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	I once chat with an expat who is a poly lecturer, he told me SMRT is the only subway in the world which is profitable, most subway lose money every year. Yet the brk dwn is world class.
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