SMRT Q4 profit plunges 59%
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Originally posted by Medicated Oil:
Last time, cut here and cut there.
No repair and no maintenance.
Earn profit and shareholders happy.
Now, make a blunder.
Immediately show hand and tell people that they need money to pay for repair and maintenance.
How shameless can they be ?
Singapore's disgrace. Big disgrace. In the real corporate world, they will be taken over or wind up very fast.Originally posted by sbst275:I dun think LTA will allow... It'll set precedent esp in e case of CCL's ridership I dun think is going to improve any further within 3 or 4 yrs...
Who still remember SPH's saying abt she dun even want to operate NEL even if it's given for free or sort???
Now CCL how?
I doubt that the new CEO has any clue on how to clean up the mess that the company is in now. Best and easiest way is to downscale, sell its loss making sectors like bus to SBST, cabs partially to Transcab and keep the profit making sectors like rail and retail. -
A good case study that kids still studying should learn... very very good lesson..
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Originally posted by vicamour:
Singapore's disgrace. Big disgrace. In the real corporate world, they will be taken over or wind up very fast.
I doubt that the new CEO has any clue on how to clean up the mess that the company is in now. Best and easiest way is to downscale, sell its loss making sectors like bus to SBST, cabs partially to Transcab and keep the profit making sectors like rail and retail.Or Transcab buy over both and renamed to Trans Island!!!
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Their kamikaze style of running bus business will flop if they insists on servicing Singtel vehicles and over usage of their buses.They should fired most if the current management and employ those with dedication and vision for Sg transport future.
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Or orh..
now I think I get it why 80% divd payout...
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Ha why ah Mr sbst275?keen to share?