| Latest Forum Topics / SMRT |
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SMRT
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colt81
Senior |
17-Feb-2016 09:33
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Should support a bit now ?? | ||||
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kirana
Senior |
06-Feb-2016 21:11
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SMRT must go through a powerful restructuring la. |
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victortan
Elite |
06-Feb-2016 00:22
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after CNY got sell down liao. |
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spore1
Supreme |
05-Feb-2016 23:40
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looking good to cont to head higher. http://sporeshare.blog   spot.sg/2016/02/smrt.html |
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pinkowl
Supreme |
05-Feb-2016 09:50
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Seems like it' s trying to break through the resistance (top bollinger band). See whether it can succeed.
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b2nb2n
Senior |
05-Feb-2016 09:40
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What' s the implication of sudden disappearance of buy queues? Morning match price at 1.61 suddenly became 1.575? Seems like similar just happened again.. |
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fortunecat
Master |
04-Feb-2016 14:35
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pump and dump today? |
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Qanghoo
Supreme |
04-Feb-2016 14:06
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Super stock, no doubt.  I always have a lot of fun when people start ridiculing the gahment stocks.  Either they are mischievious or sorely lack understanding of what is going on in this place they call home (assuming most people posting here are sporeans n not expat chng kays playing mind games). 
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pinkowl
Supreme |
04-Feb-2016 14:01
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Esp after COE came down. Hahaha.  Ok lah, SMRT is respecting the resistance lines currenly. Let' s see where it' ll go next. 
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Qanghoo
Supreme |
04-Feb-2016 13:59
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I agree that as a duopoly, they have most things easy.  But I don' t think encouraging people to take public transport' s gonna yield very effective result. 
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Ray12888
Veteran |
04-Feb-2016 12:54
Yells: "MoneyInTheChart com / blog" |
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Agreed. Furthermore, SMRT is a government-linked company and a monopoly of the industry. Their engineer will go through a chartered engineer program certified by IES. Read more here. The government will encourage more to take mrt as they and other countries thrive to cut down  more carbon dioxide emission in the future.    
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blurnanke
Member |
04-Feb-2016 10:26
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what are the chances that some parties are accumulating shares in anticipation of a delisting exercise? Could not think of any other reasons why it defies gravity for so long. |
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pinkowl
Supreme |
04-Feb-2016 10:01
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Today, SMRT flew high high, and shot above 2 resistance lines. Wonder if it can break this reistance lines convincingly. We' ll see.  Note: 1.  Singapore sees a car-lite future.  2. Fuel price is less than a third of what it used to be.  3. SMRT is one of only 2 companies that operates train in Singapore. 4. More lines will open in the near future. I see growth in this counter.       |
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Qanghoo
Supreme |
01-Feb-2016 07:18
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Rightfully pay back time. 
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1oopls
Master |
31-Jan-2016 23:03
Yells: "I love my evil cute cute darling" |
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Huge Maintenance cost predicted for Q4 to erode its profit as at Q3. Good luck those vested. Early come Early go ok |
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1oopls
Master |
31-Jan-2016 22:53
Yells: "I love my evil cute cute darling" |
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SMRT re-categorises costs to show focus on maintenance28 Jan 2016 09:00
By Samuel Ee WITH the bill for SMRT Corp' s rail maintenance set to eat into half of its rail revenue, the operator has re-categorised operating expenses to highlight aggregate maintenance-related expenses (MRE) to better illustrate its total maintenance cost. Before re-categorisation, repair & maintenance (R& M) cost in the third quarter ended Dec 31, 2015 was S$34.3 million, or 11.3 per cent of the group' s operating expenses of S$303 million. After re-categorisation, MRE expenses were S$93.7 million, or 30.9 per cent of the S$303 million. Group CFO Manfred Seah explained that this was done to " give better resolution of what the total maintenance looks like for the group" . " (Otherwise), the public may misunderstand that we are not putting focus on that area," he said during SMRT' s financial results briefing on Tuesday. On Monday, SMRT posted a 63.5 per cent rise in third-quarter net profit to S$36.86 million, helped by better performance from its non-rail businesses. Group revenue rose 4.6 per cent to S$327.56 million on broad-based growth. The Q3 R& M cost of S$34.3 million was up 17.1 per cent from the previous corresponding quarter. But when re-stated as MRE, the Q3 amount of S$93.7 million was up 8.2 per cent. The difference of S$59.4 million between R& M and MRE was accounted for by relevant maintenance-related re-distributions from staff costs, depreciation & amortisation and other operating expenses. " In the past, we categorised by nature," said Mr Seah. " Now we streamline into function." Taking staff costs as an example, he said it " captures all the staff manpower costs in one bucket" . " But staff costs include R& M activities. To represent the latter better, we re-categorised them into MRE." Likewise, equipment depreciation related to maintenance and repair was moved into MRE. As expected, the bulk of Q3' s MRE was for SMRT' s rail operations rail maintenance-related expenses of approximately S$74 million accounted for 43 per cent of about S$172 million in Q3 rail revenue. The share had been between 41 and 45 per cent in the preceding four quarters. But going forward into Q4 and the next financial year, SMRT expects MRE for rail to hit 50 per cent as rising maintenance costs outpace revenue. This is because operating expenses will continue to climb with the ageing network, while the 1.9 per cent fare reduction will impact fare revenue. To manage this, Mr Seah said the group is looking at enhancing productivity. Rail MRE accounts for about a quarter of SMRT' s total operating expenses. In Q3 FY2016, it was 24 per cent of S$303.0 million, up marginally from the previous corresponding period' s 23 per cent of S$295.9 million. |
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1oopls
Master |
30-Jan-2016 15:26
Yells: "I love my evil cute cute darling" |
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rise too much and too fast, beware |
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Ray12888
Veteran |
29-Jan-2016 19:27
Yells: "MoneyInTheChart com / blog" |
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May breakout on Monday. Watch for it.   |
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Siwomp
Supreme |
28-Jan-2016 20:31
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lol
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toss52
Member |
28-Jan-2016 19:29
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Shooting up with fantastic closing! Board train before it's too late. Trend is our friend. Vested | ||||
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