Public Transport Fare Increases? Oil $150 then, now $100 replied by GHoST_18 @ Mon, 29 Sep 2008 13:11:01 +0800

GHoST_18 — Mon, 29 Sep 2008 13:11:01 +0800

Public Transport Fare Increases? Oil $150 then, now $100 replied by reyes @ Mon, 29 Sep 2008 12:41:44 +0800

reyes — Mon, 29 Sep 2008 12:41:44 +0800

what does privatisation has to do with what u have said? does it explain the meaning of privatisation? anyway, u dont need to explain it. i understand it. i am against privatisation of public transport company.

if the strike can improve the income of drivers, i am all for it. isnt it part and parcel of the free labour movement? isnt free labour movement is part and parcel of the free economy?

yes the depot ruling regime wont allow it, but that doesnt mean it i not correct.

you are pro privatisation, i am against it.

anyway, acting cute is not the way to show respect. so dont act cute as if u r respecting someone.

Public Transport Fare Increases? Oil $150 then, now $100 replied by angel7030 @ Mon, 29 Sep 2008 11:08:32 +0800

angel7030 — Mon, 29 Sep 2008 11:08:32 +0800

Originally posted by reyes:

well that enough to deter most small company from registering.

why not do away with most of the entry requirement, if they are sincere enough to talk about competitiveness.

anyway, no need to cover up what SS identity. we are here to talk about agenda not personal attack on the member of ruling party.

Hike!! Fuller,

In a business context, networking is important, to start a business in Singapore, especially in term of involving the public and govt sectors, u need 2 things, one being a super n finacially sound organsiation, the other being getting the right connection.

In the issue of transportation in Singapore, the singapore govt see it as a national level issue, a total disrupt of transportation can bring our economy and nation to it kneels, therefore govt involvement is naturally to ensure smooth running with no problem. If you look at our own Germany, one strike on bus services in 2002, the whole nation come into a standstill until the chancellor agreed to the Union demand of higher paid for bus drivers. We in Singapore cannot undertake such action to take place.

Therefore strict laws and criterias apply, as an SS woman officer, that is all i can let your know, my fuller, with all due respect, hope you understand the meaning of privatisation.

Public Transport Fare Increases? Oil $150 then, now $100 replied by reyes @ Mon, 29 Sep 2008 10:52:56 +0800

reyes — Mon, 29 Sep 2008 10:52:56 +0800

Basical, you can apply thru LTA and Singapore business association, get interviewed and lay out your blueprint plan, and most importantly how much are you going to pay your taxes to LTA, once agreed and accepted, buy buses, employ drivers and staffs, built interchange and start promoting your bus brands. like "Take Angel's Bus, and be served", not Bust ya.

well that enough to deter most small company from registering.

why not do away with most of the entry requirement, if they are sincere enough to talk about competitiveness.

anyway, no need to cover up what SS identity. we are here to talk about agenda not personal attack on the member of ruling party.

Public Transport Fare Increases? Oil $150 then, now $100 replied by angel7030 @ Sun, 28 Sep 2008 11:14:30 +0800

angel7030 — Sun, 28 Sep 2008 11:14:30 +0800

Originally posted by reyes:

why dont you provide the detail what it take for a private bus company to run as a public transport company? does that rules and regulation of it make it feasible for small company to survive? if not , where the competitiveness?

since i am against privatisation of public transport system, the shares only benefits the smaller minority of the population. in fact most of the share should be in the hands of major financial instituition.

once again it is fuhrer. dont act cute. coz u r not.

Hike! Fuller,

Basical, you can apply thru LTA and Singapore business association, get interviewed and lay out your blueprint plan, and most importantly how much are you going to pay your taxes to LTA, once agreed and accepted, buy buses, employ drivers and staffs, built interchange and start promoting your bus brands. like "Take Angel's Bus, and be served", not Bust ya.

I am not cute, but pretty and jovial gal, cute for what, got money meh?? and i used fuller to cover up our SS codes, otherwise the resistance may know your true identity.

Public Transport Fare Increases? Oil $150 then, now $100 replied by GHoST_18 @ Sun, 28 Sep 2008 05:08:50 +0800

GHoST_18 — Sun, 28 Sep 2008 05:08:50 +0800

Public Transport Fare Increases? Oil $150 then, now $100 replied by reyes @ Sat, 27 Sep 2008 20:03:19 +0800

reyes — Sat, 27 Sep 2008 20:03:19 +0800

why dont you provide the detail what it take for a private bus company to run as a public transport company? does that rules and regulation of it make it feasible for small company to survive? if not , where the competitiveness?

since i am against privatisation of public transport system, the shares only benefits the smaller minority of the population. in fact most of the share should be in the hands of major financial instituition.

once again it is fuhrer. dont act cute. coz u r not.

Public Transport Fare Increases? Oil $150 then, now $100 replied by angel7030 @ Sat, 27 Sep 2008 10:59:11 +0800

angel7030 — Sat, 27 Sep 2008 10:59:11 +0800

Originally posted by reyes:

But my dear Fuller, govt said we should embrace an open concept society, with racial harmony.

how can public transport be call privatise if every of the route are in fact need to seek approval. Do you still see any private buses competing against SBS and trans island?

Do you have various trains route simultanous run by few train company?

if not how can be talk about competitives among transport company?

by the way, it is call Fuhrer.

Mein Fuhrer!!

Hike Fuller!!,

Goten Morgan,

U can buy shares on SBS, trans land and smrt, that is call privatisation, whereas formerly state owned are so rigid and do not offer IPO or limited shares or no shares. All these companies are runs by CEOs with a management hierrachy system same as all other private/limited companies, the only different is that govt hold the most shares.

Any business man can set up a bus or taxi company if he meet all legal aspects in running a transport company here, but so far there aren't much people keen on it. So it is not that there are no competition.

My dear Fuller, if u wish to invest in singapore transportation by opening a bus company, i am willing to be your underwriter if not your personal PA.

Angel

Women committee

Public Transport Fare Increases? Oil $150 then, now $100 replied by reyes @ Sat, 27 Sep 2008 10:41:52 +0800

reyes — Sat, 27 Sep 2008 10:41:52 +0800

But my dear Fuller, govt said we should embrace an open concept society, with racial harmony.

And privatising allow competitions that can enhance the economy and individual competitiveness, rather than completely state owned with an iron rice bowl mentality

how can public transport be call privatise if every of the route are in fact need to seek approval. Do you still see any private buses competing against SBS and trans island?

Do you have various trains route simultanous run by few train company?

if not how can be talk about competitives among transport company?

by the way, it is call Fuhrer.

Mein Fuhrer!!

Public Transport Fare Increases? Oil $150 then, now $100 replied by valentinoo @ Sat, 27 Sep 2008 04:27:32 +0800

valentinoo — Sat, 27 Sep 2008 04:27:32 +0800

Originally posted by whiskers:

"I hope (they) don't increase anymore, because right now, (it is) very hard to find (a) job, some of them (the people have) financial problem also," said a Malay woman

always liked to mention race.

Public Transport Fare Increases? Oil $150 then, now $100 replied by angel7030 @ Fri, 26 Sep 2008 13:28:36 +0800

angel7030 — Fri, 26 Sep 2008 13:28:36 +0800

Originally posted by charlize:

Hike, hike, hike.

Better hike first before the recession comes.

Otherwise, people at the top will be paiseh approving all these hikes.

Hike!!! Hitler!!

Public Transport Fare Increases? Oil $150 then, now $100 replied by angel7030 @ Fri, 26 Sep 2008 13:27:47 +0800

angel7030 — Fri, 26 Sep 2008 13:27:47 +0800

Originally posted by reyes:

i was against the idea of public listing public transport system in singapore. After the govt has profited from the investor the create some cronies call PTC to regulate the price. and there we are now, not knowing who should be responsible and why the need for price hike.

singapore is first class transport system if we can take off the FT from our bus and train ride so that every singaporean can have a seat comfortably.

But my dear Fuller, govt said we should embrace an open concept society, with racial harmony.

And privatising allow competitions that can enhance the economy and individual competitiveness, rather than completely state owned with an iron rice bowl mentality

Public Transport Fare Increases? Oil $150 then, now $100 replied by charlize @ Fri, 26 Sep 2008 13:26:11 +0800

charlize — Fri, 26 Sep 2008 13:26:11 +0800

Hike, hike, hike.

Better hike first before the recession comes.

Otherwise, people at the top will be paiseh approving all these hikes.

Public Transport Fare Increases? Oil $150 then, now $100 replied by GHoST_18 @ Fri, 26 Sep 2008 13:24:46 +0800

GHoST_18 — Fri, 26 Sep 2008 13:24:46 +0800

kp all u want and it's not gonna change anything..

welcome to singapore....

Public Transport Fare Increases? Oil $150 then, now $100 replied by reyes @ Fri, 26 Sep 2008 13:22:03 +0800

reyes — Fri, 26 Sep 2008 13:22:03 +0800

i was against the idea of public listing public transport system in singapore. After the govt has profited from the investor the create some cronies call PTC to regulate the price. and there we are now, not knowing who should be responsible and why the need for price hike.

singapore is first class transport system if we can take off the FT from our bus and train ride so that every singaporean can have a seat comfortably.

Public Transport Fare Increases? Oil $150 then, now $100 replied by sunnytv @ Thu, 25 Sep 2008 22:13:25 +0800

sunnytv — Thu, 25 Sep 2008 22:13:25 +0800

Bus fare hike countdown....

Public Transport Fare Increases? Oil $150 then, now $100 replied by freedom4ever @ Thu, 25 Sep 2008 19:20:17 +0800

freedom4ever — Thu, 25 Sep 2008 19:20:17 +0800

Originally posted by whiskers:

When is my bicycle lane coming?

it wont come free. soon it will come with ERP and COE.

Public Transport Fare Increases? Oil $150 then, now $100 replied by eagle @ Wed, 24 Sep 2008 11:35:09 +0800

eagle — Wed, 24 Sep 2008 11:35:09 +0800

Originally posted by sweetevil:

Our transport services are monopolized and we have no options. All that we can do now is to grumble and within weeks we are back to normal again.

Newspaper services also monopolized by SPH mah

Public Transport Fare Increases? Oil $150 then, now $100 replied by whiskers @ Wed, 24 Sep 2008 11:25:47 +0800

whiskers — Wed, 24 Sep 2008 11:25:47 +0800

When is my bicycle lane coming?

Public Transport Fare Increases? Oil $150 then, now $100 replied by sweetevil @ Wed, 24 Sep 2008 08:48:45 +0800

sweetevil — Wed, 24 Sep 2008 08:48:45 +0800

Originally posted by eagle:

Seems like SPH still more attractive :D

Our transport services are monopolized and we have no options. All that we can do now is to grumble and within weeks we are back to normal again.

Public Transport Fare Increases? Oil $150 then, now $100 replied by lotus999 @ Mon, 22 Sep 2008 17:29:43 +0800

lotus999 — Mon, 22 Sep 2008 17:29:43 +0800

Originally posted by (human):

Don't be surprise even utility bills that we are using daily will be increased even when oil price is dropping. Thanks to Temasek and PAP that have sold it to private companies in the name of benefitting the public. They will work almost the same as privatising public transport to answer share holders. Singaporeans it's not over yet there are more suffering awaiting for you. This is so called more good years for voting PAP.

<Don't be surprise even utility bills that we are using daily will be increased even when oil price is dropping.>

it happened before. when queried by the people, sg power gave some craps like the time the electricity tarriff was calculated. don't think anybody was convinced but what can we do?

Public Transport Fare Increases? Oil $150 then, now $100 replied by eagle @ Mon, 22 Sep 2008 11:14:23 +0800

eagle — Mon, 22 Sep 2008 11:14:23 +0800

Originally posted by maurizio13:

Yah. But the intial profits from the IPO they already make, the share price already push up.

Now SMRT currently trading at $1.90, last year earnings per share was 9 cents, which gives a yield of about 4.74%.

Seems like SPH still more attractive :D

Public Transport Fare Increases? Oil $150 then, now $100 replied by maurizio13 @ Mon, 22 Sep 2008 10:13:20 +0800

maurizio13 — Mon, 22 Sep 2008 10:13:20 +0800

Originally posted by eagle:

Yup... But SMRT already released IPO quite long ago right?

Now mkt sentiments not so good mah, so look for bargains lor...

Yah. But the intial profits from the IPO they already make, the share price already push up.

Now SMRT currently trading at $1.90, last year earnings per share was 9 cents, which gives a yield of about 4.74%.

Public Transport Fare Increases? Oil $150 then, now $100 replied by eagle @ Mon, 22 Sep 2008 09:59:14 +0800

eagle — Mon, 22 Sep 2008 09:59:14 +0800

Originally posted by maurizio13:

Don't think it's possible to make profits this way, because once the company goes public with IPO, the shares would already have been priced at the market level.

i.e. If you own a company with an earning of say $200 and equity $1,000, your ROE is 20%. If say you own all the 1,000 shares, each share will give you a 20 cents (20%) earnings per share.

But if you release the 500 shares into the market, the market will trade up the price of your $1 share to say $2, thereby making your earnings per share of 10%. The winners are the original owners, they have already profited from the difference.

Yup... But SMRT already released IPO quite long ago right?

Now mkt sentiments not so good mah, so look for bargains lor...

Public Transport Fare Increases? Oil $150 then, now $100 replied by maurizio13 @ Mon, 22 Sep 2008 09:44:14 +0800

maurizio13 — Mon, 22 Sep 2008 09:44:14 +0800

Hehehe.....

They are stronger because they overcharge us, then make us squeeze like sardines, so they can get more profits. Above 20% ROE as compared to MTR (HK) 10%.

SQUEEZE!!!!

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