No reason to raise bus and train fares
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Over time, even a retarded person will learn to recognize a trick.Originally posted by 798:it's make no difference, next election all the ruling parties do are to feed more bones to singaporeans, den they get voted in again.
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I personally think public transport price should not go up as the company are making load of $$$ each year. These services are for the public usage. They should not have a price hike just to boast their bonus packet.
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Agreed!!Originally posted by ShutterBug:Over time, even a retarded person will learn to recognize a trick.
God will punish the devil who will never win when justic will call.
Casino will kill all these PAP's devil. -
That wont be possible. All 3 transport operators, Comfort, SMRT and SBStransit are listed on the local stock market. Its now a public company.Originally posted by LazerLordz:It's high time we return public transport to it's roots, meaning PUBLIC in nature.
What you are asking is impossible because how are you going to convince shareholders to ask the companies to stop increasing profits?
And if you propose that the government step in and nationalise the public transport, who will bear the cost of buying back all the shares held in the hands of the public?
I certainly wouldnt want to sell my SMRT shares at $1.10 or ComfortDelgro shares at $1.51. -
Its to boost economic value to shareholders. Shareholders want higher dividends and higher company earnings.Originally posted by tarutaru:I personally think public transport price should not go up as the company are making load of $$$ each year. These services are for the public usage. They should not have a price hike just to boast their bonus packet. -
And bus passengers want lower fares and better service.Originally posted by shade343:Its to boost economic value to shareholders. Shareholders want higher dividends and higher company earnings.
But I suppose their voices aren't as important as those of the shareholders.
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They say the customer is always right. So the customer should convince the company that higher transport fares may not necessarily be the way to maximise company wealth.Originally posted by fudgester:And bus passengers want lower fares and better service.
But I suppose their voices aren't as important as those of the shareholders.
What customers can do is convince the company that lowering transport fares have many intangible values-- and that such intangible values outstrips the importance of direct economic values. -
+1Originally posted by foomwee88:Agreed!!
God will punish the devil who will never win when justic will call.
Casino will kill all these PAP's devil.
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Wonder why Singapore Pools not listing? I think they have alot of secrets.Originally posted by shade343:That wont be possible. All 3 transport operators, Comfort, SMRT and SBStransit are listed on the local stock market. Its now a public company.
What you are asking is impossible because how are you going to convince shareholders to ask the companies to stop increasing profits?
And if you propose that the government step in and nationalise the public transport, who will bear the cost of buying back all the shares held in the hands of the public?
I certainly wouldnt want to sell my SMRT shares at $1.10 or ComfortDelgro shares at $1.51. -
I think many amongst the crowds that buy LCD and Plasma TVs do take MRT/bus. Just look at the booming hire purchase business that folks like Courts are doing. Those who buy on hire purchase are more likely than not to be from the lower income group, since those who have higher incomes can easily make use of the 0% instalment deals that the credit cards offer and thus don't require to buy on h-p.Originally posted by reyes:how much does that ahbeng earns? does that ah beng own a LCD TV or plasma? you assume that there are heaps of crowds at the LCD /plasma TV section harvey norman and Vbest and assume these crowds take the MRT/Bus? i think not.
i drive, it dont hurt me but i fear for the livlihood of the bottom class of singaporeans.
$27 dont meant a lot to a person fetching $4000/mth .it just 0.6%.
if a singaporean earning $800/mth it will be 3.3% of their disposable income.
finally even if you rich, doesnt mean you should be reaps off all the time correct? -
To appear on Media during Gahment's campigns ? ?Originally posted by ShutterBug:Look for MP?
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Forget it.. they're just puppets. -
Public transport demands are rather inelastic and they can raise their prices as high as they like without losing market share.Originally posted by shade343:They say the customer is always right. So the customer should convince the company that higher transport fares may not necessarily be the way to maximise company wealth.
What customers can do is convince the company that lowering transport fares have many intangible values-- and that such intangible values outstrips the importance of direct economic values.
Intangibles? What intangibles? You are talking to shareholders who do not take public transport.