SMRT

Once the fare price increase, be prepare the cost to trigger another of shrinking money. It shld however benefit SMRT. The revenue should increase and make the fin statement looks better. Time to buy ?

Fare Review is out.

3.2% Fare Hike

http://www.straitstimes.com/the-big-stor...hnic-stude

(16-01-2014, 07:07 PM)InvestArk Wrote: Fare Review is out.

3.2% Fare Hike

http://www.straitstimes.com/the-big-stor...hnic-stude

If I am not wrong it should be 6.6% hike.

Another 3.4% is being "rolled over to the 2014 fare review exercise and added to the 2014 fare adjustment quantum which would be finalised around April 2014."

http://www.channelnewsasia.com/blob/9563...n-data.pdf

Feels sneaky.

(16-01-2014, 09:10 PM)kichialo Wrote: Feels sneaky.

well GE is in 2016 so no hikes ard that period - so better amortise all the increment that is needed and spread it over the 3 years before the GE...

3.2% is for last year, 3.4% this year
so total is 6.6% hike

last year no hike due to the fare review process
so this time one shot do it for both years

(16-01-2014, 09:10 PM)kichialo Wrote:

(16-01-2014, 07:07 PM)InvestArk Wrote: Fare Review is out.

3.2% Fare Hike

http://www.straitstimes.com/the-big-stor...hnic-stude

If I am not wrong it should be 6.6% hike.

Another 3.4% is being "rolled over to the 2014 fare review exercise and added to the 2014 fare adjustment quantum which would be finalised around April 2014."

http://www.channelnewsasia.com/blob/9563...n-data.pdf

Feels sneaky.

3.2% is the confirmed increase for year 2013. The remaining 3.4% will be carried forward into the 2014 Fare review exercise (together with year 2014's CPI , EI, Wage index , figures will be up in April) to come out with another round of increment for 2014-2015. 3.4% is not the increment slated for 2014.

(17-01-2014, 07:22 AM)InvestArk Wrote:

(16-01-2014, 09:10 PM)kichialo Wrote:

(16-01-2014, 07:07 PM)InvestArk Wrote: Fare Review is out.

3.2% Fare Hike

http://www.straitstimes.com/the-big-stor...hnic-stude

If I am not wrong it should be 6.6% hike.

Another 3.4% is being "rolled over to the 2014 fare review exercise and added to the 2014 fare adjustment quantum which would be finalised around April 2014."

http://www.channelnewsasia.com/blob/9563...n-data.pdf

Feels sneaky.

3.2% is the confirmed increase for year 2013. The remaining 3.4% will be carried forward into the 2014 Fare review exercise (together with year 2014's CPI , EI, Wage index , figures will be up in April) to come out with another round of increment for 2014-2015. 3.4% is not the increment slated for 2014.

Hence, isn't it misleading and inaccurate for the G to say there was no fare hike for 2013? As the gist of the matter is the approval of fare hikes.

They really proved many wrong of thinking they would only increase fares after 2016.

(17-01-2014, 01:10 PM)kichialo Wrote:

(17-01-2014, 07:22 AM)InvestArk Wrote:

(16-01-2014, 09:10 PM)kichialo Wrote:

(16-01-2014, 07:07 PM)InvestArk Wrote: Fare Review is out.

3.2% Fare Hike

http://www.straitstimes.com/the-big-stor...hnic-stude

If I am not wrong it should be 6.6% hike.

Another 3.4% is being "rolled over to the 2014 fare review exercise and added to the 2014 fare adjustment quantum which would be finalised around April 2014."

http://www.channelnewsasia.com/blob/9563...n-data.pdf

Feels sneaky.

3.2% is the confirmed increase for year 2013. The remaining 3.4% will be carried forward into the 2014 Fare review exercise (together with year 2014's CPI , EI, Wage index , figures will be up in April) to come out with another round of increment for 2014-2015. 3.4% is not the increment slated for 2014.

Hence, isn't it misleading and inaccurate for the G to say there was no fare hike for 2013? As the gist of the matter is the approval of fare hikes.

Isn't it true, no fare hike for 2013, but in Apr 2014?

(17-01-2014, 02:22 PM)CityFarmer Wrote:

(17-01-2014, 01:10 PM)kichialo Wrote:

(17-01-2014, 07:22 AM)InvestArk Wrote:

(16-01-2014, 09:10 PM)kichialo Wrote:

(16-01-2014, 07:07 PM)InvestArk Wrote: Fare Review is out.

3.2% Fare Hike

http://www.straitstimes.com/the-big-stor...hnic-stude

If I am not wrong it should be 6.6% hike.

Another 3.4% is being "rolled over to the 2014 fare review exercise and added to the 2014 fare adjustment quantum which would be finalised around April 2014."

http://www.channelnewsasia.com/blob/9563...n-data.pdf

Feels sneaky.

3.2% is the confirmed increase for year 2013. The remaining 3.4% will be carried forward into the 2014 Fare review exercise (together with year 2014's CPI , EI, Wage index , figures will be up in April) to come out with another round of increment for 2014-2015. 3.4% is not the increment slated for 2014.

Hence, isn't it misleading and inaccurate for the G to say there was no fare hike for 2013? As the gist of the matter is the approval of fare hikes.

Isn't it true, no fare hike for 2013, but in Apr 2014?

In other words G cannot claim there was no fare hike in 2013, because it was merely delayed to this year. Hence, sneaky.