(21-07-2016, 02:53 PM)ianphoon Wrote: [ -> ]Smrt trading at 1.65 now, 3c below offer price
Does it mean confirm profits for people who buy at this price?
And why does it not trade at offer price?
Because as seen from the SOA, the vote outcome at the shareholders meeting is not a sure pass.
yaloh,
ok lah, follow them go through the whole process,
Is this possibly linked to the upcoming high speed rail thing? Maybe they are planning to have a wholly gov owned entity to run the HSR in the future, there should be massive growth and profits in that new line.
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(22-07-2016, 09:50 AM)BlueKelah Wrote: [ -> ]Is this possibly linked to the upcoming high speed rail thing? Maybe they are planning to have a wholly gov owned entity to run the HSR in the future, there should be massive growth and profits in that new line.
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5% EBIT collar again?! All profit all cream away...hahah
(22-07-2016, 09:50 AM)BlueKelah Wrote: [ -> ]Is this possibly linked to the upcoming high speed rail thing? Maybe they are planning to have a wholly gov owned entity to run the HSR in the future, there should be massive growth and profits in that new line.
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yes! it makes sense but 2026, (maybe 2056?
) is really too far away to wait n see...
so, cash in hand is better than waiting forever??...
new entity may also emerged smrt+comfortDeg+MayRail+Chinarail+Japrail..etc....
cash is KING!
(22-07-2016, 09:50 AM)BlueKelah Wrote: [ -> ]Is this possibly linked to the upcoming high speed rail thing? Maybe they are planning to have a wholly gov owned entity to run the HSR in the future, there should be massive growth and profits in that new line.
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I very highly doubt HSR can break even, let alone profitable.
(22-07-2016, 10:35 AM)kichialo Wrote: [ -> ] (22-07-2016, 09:50 AM)BlueKelah Wrote: [ -> ]Is this possibly linked to the upcoming high speed rail thing? Maybe they are planning to have a wholly gov owned entity to run the HSR in the future, there should be massive growth and profits in that new line.
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I very highly doubt HSR can break even, let alone profitable.
all the more the entity must be privatised to hide the cost and increase the fares?
who dare to say no?
temasek makes its move leh...