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SMRT
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tanglinboy
Elite |
18-Jul-2012 07:43
Yells: "hello!" |
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I believe SMRT would be a good buy after all these troubles are over for the long term. | ||||
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1419242
Member |
18-Jul-2012 00:44
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maybe it is just a story that is made to ease the frustration of the public~ Did SMRT really paid for the fine? Who knows? 
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rotijai
Supreme |
17-Jul-2012 10:22
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i really doubt whether all $2m is donated to needy ppl... if LTA should be fined, who should collect the $? back to government again? left pocket out right pocket in?
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edchai
Senior |
17-Jul-2012 10:13
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Good karma. Perhaps LTA takes a bigger portion of the 900 mil maintenance cost. |
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1419242
Member |
17-Jul-2012 02:00
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The Land Transport Authority (LTA) has fined rail operator SMRT $2 million for two major disruptions last December. The penalty - $1 million each for the Dec 15 and Dec 17 incidents on the North-South Line - is the maximum penalty under the Rapid Transit Systems Act. In a release, the LTA said SMRT had failed to 'exercise due diligence and vigilance expected of a public transport operator, and to maintain its network in good and efficient working condition'. It added that its internal investigations had found that both incidents were preventable. The authority said it will continue to work closely with SMRT to implement the Committee of Inquiry's recommendations. It will also work with the rail operators to put in place a 'more holistic and robust framework' for maintenance issues, so problems can be detected and fixed early. The $2 million fine will be donated to the Public Transport Fund to help needy families with transport fares. |
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lowchia
Veteran |
16-Jul-2012 21:52
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On Monday, SMRT continue to trend sideways and closed at $1.705 with LOW volume of 0.7 million shares traded. A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow). This usually implies a continuation of a bullish trend. Both RSI & MACD are flat as RSI trend sideways. Important Resistance of SMRT: $1.715 Immediate Support of SMRT: $1.68 Currently the prices are supported by 20/100 days MA. Since 29/Jun, prices have been ........... READ MORE |
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Sporeguy
Elite |
16-Jul-2012 21:24
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LTA must also be fined. |
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bishan22
Elite |
16-Jul-2012 20:24
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Left pocket go to right pocket. No issue. 
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Sept11
Veteran |
16-Jul-2012 19:27
Yells: "Buy high sell higher! " |
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LTA fines SMRT $2M for Dec breakdowns. | ||||
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sgnewbie
Master |
05-Jul-2012 06:36
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http://sgxreports.blogspot.sg/2012/07/smrt.html | ||||
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j3r0m3
Veteran |
04-Jul-2012 10:04
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http://singaporetrader.wordpress.com/2012/07/04/smrt-corporation-early-bird-discounts-sufficient-bait/ | ||||
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edchai
Senior |
25-Jun-2012 11:47
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I worry the recent up trend just to cushion the effect after the investigation report made public. Till now, still no idea on how SMRT and LTA share the 900 mil maintenance cost. |
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xinru86
Senior |
25-Jun-2012 09:20
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Circle Line's faulty cables to be replaced, SMRT not at faulthttp://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_814190.html At least SMRT siam this one. |
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ChillX
Senior |
01-Jun-2012 00:11
Yells: "Bleh!" |
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Most counters drop after XD, as the money that is paid out definitely directly impacts on the value of the company. Also, don't expect any major good news now and a significant expenditure is expected for use in fixing all the recent faults and physical deficiencies for the MRT tracks and such. Also, retail space in train stations is pretty stagnant, though a good source of additional income from stall rental. to me, by my still-in-the-process-of-learning TA... price still has room to drop to at least $1.57. Ichimoku: 9d conversion is well below 26d base and both are downtrending. Cloud has a medium band with downward bias. ADX (14d): at 40, shows the current trend is strong. Current trend being a gentle downward movement on price. However, Bolliger band and stochastics indicate that there will be a small rebound in the near future. Whatever the case, DYODD and BOSAYOR! If no sudden major bad news from Eurozone or the U.S., or no major natural calamity... the above should bear consideration. Conversely, if some local altruistic billionaire decides to pay for all the repair work for the SMRT c**k-ups... well...
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edchai
Senior |
31-May-2012 13:29
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I think this counter will drop kaw kaw after XD. | ||||
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iPunter
Supreme |
31-May-2012 11:58
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This counter will languish in the lows due to unpromising future and uncertainties. Not a good counter to risk longing, at least not now... If it goes below 1.60, many will dump and short... Maybe many have already done so... 
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Bopanha
Master |
31-May-2012 11:16
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Sentiments about its recurring missteps leading to more and more unnecessary expenditure on repairs are not good for the counter. Keep away until things are more sorted out. Can go quite low, so no joking on this. | ||||
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AK_Francis
Supreme |
31-May-2012 11:11
Yells: "Happy go lucky, cheers." |
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AK opines that most of the enthusiats r still trading in perpetaul fear of how ds burger are going to deal with the 900 mil, within 2 parties? Esp, where they secure the money? Hence, who interested in long?? Ha ha, the cream of the crop, once upon a time!! |
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iPunter
Supreme |
31-May-2012 10:39
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This counter (SMRT) just penetrated the floor this morning... Today's low (so far) is 1.60... very dicey... |
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sgnewbie
Master |
17-May-2012 14:05
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http://sgxreports.blogspot.com/2012/05/smrt_16.html | ||||
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