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Ya lta should bear the full cost. Afterall, lta with mot got the govt budget which came from taxing the people.

Quantitative feedback? A precursor to fare increment proposal? Testing the reaction of commuters?...

More feedback sought for fare review report

SINGAPORE — The Fare Review Mechanism Committee (FRMC) it not ready to finalise its report as it seeks to gather more quantitative feedback, Minister for Transport Lui Tuck Yew said in a Facebook post today (June 5).

Mr Lui said that he was informed of the delay by FRMC chairman Richard Magnus. The committee was supposed to submit its findings to the Government by the end of this month.

“The review of our public transport fare review mechanism is an important one as its outcome is one that will affect many,” said Mr Lui.

http://www.todayonline.com/singapore/mor...iew-report

(05-06-2013, 02:15 PM)CityFarmer Wrote: [ -> ]Quantitative feedback? A precursor to fare increment proposal? Testing the reaction of commuters?...

More feedback sought for fare review report

SINGAPORE — The Fare Review Mechanism Committee (FRMC) it not ready to finalise its report as it seeks to gather more quantitative feedback, Minister for Transport Lui Tuck Yew said in a Facebook post today (June 5).

Mr Lui said that he was informed of the delay by FRMC chairman Richard Magnus. The committee was supposed to submit its findings to the Government by the end of this month.

“The review of our public transport fare review mechanism is an important one as its outcome is one that will affect many,” said Mr Lui.

http://www.todayonline.com/singapore/mor...iew-report

If my reading of the political scene is correct, it will be more like the co-sharing of cost after subsidies and rebates are given to the various groups (Pupils, elderly)

If they still ROA as metric to justify fare increases, it means the PAP know economics very well but read political moods very badly.

What is quantitative feedback? If it means feedback from general public, than why only do it now? In fact, why bother to do it when we already know what the feedback is going to be like. It is obvious to me that the various delays is a sign that the committee and the government could not come to terms on the fare review. Politics aside, our transport industry is highly regulated and not a good place to invest in. The days where our transport operators enjoy above average profit is over. This is my personal opinion and I am lucky to have divested all my holding in SMRT long ago and recently sold most of my CDG shares except for a few lots left.

wise thinking..the safest bet now is the govt.

In the presentation Slides of SMRT in Citi ASEAN Investor Conference 2013, SMRT is betting on capex and operating cost reviews with LTA, and the growth of non-transport segment. Will SMRT re-emerge as a good dividend stock? Let's see...

Government Initiatives (page 18):
 New Land Transport Master plan 2013
 Fare Formula revision
 New Rail Financing Framework
 Bus Sustainability Measures

Outlook (page 20)
 Group’s profitability will be impacted near-term by cost pressure in fare
business. Long-term prospect remains positive as SMRT will benefit from
Government’s push for public transport with rising ridership, supported by
increased train capacity and better network connectivity
 Ongoing discussion with the government on sustainable models for Trains
and Buses will address issues on capex and operating cost pressure.
 Expand commercial revenue stream by continuing to refurbish commercial
spaces and improve yield in our existing network, and diversify our media
and advertising platforms. Capitalise on commercial opportunities beyond
existing rail network, such as Sportshub, which will double retail space
under management to approximately 76,000 sqm.

http://info.sgx.com/webcoranncatth.nsf/V...30028A3BC/$file/CorpPresentationCiti.pdf?openelement

(07-06-2013, 06:17 PM)CityFarmer Wrote: [ -> ]In the presentation Slides of SMRT in Citi ASEAN Investor Conference 2013, SMRT is betting on capex and operating cost reviews with LTA, and the growth of non-transport segment. Will SMRT re-emerge as a good dividend stock? Let's see...

Government Initiatives (page 18):
 New Land Transport Master plan 2013
 Fare Formula revision
 New Rail Financing Framework
 Bus Sustainability Measures

Outlook (page 20)
 Group’s profitability will be impacted near-term by cost pressure in fare
business. Long-term prospect remains positive as SMRT will benefit from
Government’s push for public transport with rising ridership, supported by
increased train capacity and better network connectivity
 Ongoing discussion with the government on sustainable models for Trains
and Buses will address issues on capex and operating cost pressure.
 Expand commercial revenue stream by continuing to refurbish commercial
spaces and improve yield in our existing network, and diversify our media
and advertising platforms. Capitalise on commercial opportunities beyond
existing rail network, such as Sportshub, which will double retail space
under management to approximately 76,000 sqm.

http://info.sgx.com/webcoranncatth.nsf/V...30028A3BC/$file/CorpPresentationCiti.pdf?openelement

Potential retail REiT by SMRT after they fully refurbish all the possible retail space?

i think it's very difficult for SMRT to return to its Miss Saw's days. If it makes money (not to mention too much), there is always a political price to pay. And lately, Papy's political capital has been diminishing without any sign of replenishing or recouping. In fact, Papys is still spending their political capital. - MDA actions causes the "Free My Internet Protest" at Hong Lim Park today and attracted International Human Rights association.
This is a clear cut example of money & politics is as close as your gum & teeth, husband & wife and a pair of mandarin ducks.

(08-06-2013, 10:24 AM)Penguin Papa Wrote: [ -> ]

(07-06-2013, 06:17 PM)CityFarmer Wrote: [ -> ]In the presentation Slides of SMRT in Citi ASEAN Investor Conference 2013, SMRT is betting on capex and operating cost reviews with LTA, and the growth of non-transport segment. Will SMRT re-emerge as a good dividend stock? Let's see...

Government Initiatives (page 18):
 New Land Transport Master plan 2013
 Fare Formula revision
 New Rail Financing Framework
 Bus Sustainability Measures

Outlook (page 20)
 Group’s profitability will be impacted near-term by cost pressure in fare
business. Long-term prospect remains positive as SMRT will benefit from
Government’s push for public transport with rising ridership, supported by
increased train capacity and better network connectivity
 Ongoing discussion with the government on sustainable models for Trains
and Buses will address issues on capex and operating cost pressure.
 Expand commercial revenue stream by continuing to refurbish commercial
spaces and improve yield in our existing network, and diversify our media
and advertising platforms. Capitalise on commercial opportunities beyond
existing rail network, such as Sportshub, which will double retail space
under management to approximately 76,000 sqm.

http://info.sgx.com/webcoranncatth.nsf/V...30028A3BC/$file/CorpPresentationCiti.pdf?openelement

Potential retail REiT by SMRT after they fully refurbish all the possible retail space?

Retail REIT by SMRT? SMRT doesn't own the stations. The stations, including the retail spaces are leasing from LTA till 2028, another 15 years. I don't think REIT is an option for SMRT

http://www.smrt.com.sg/AboutSMRT/Newsroo...fault.aspx

New Executive Vice-President Lee Ling Wee Sets His Sight on Re-Engineering SMRT Trains