Marriage of SMRT and SBST
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Stop acting like a l*n j*ao manager lah.....You again have orang utan eyeballs ah.....What position position.....WHO BUY OVER WHO?LTA buy you and kick you out of Singapore.Originally posted by Manager433:U are half rite.
Delgro, owns SBS Transit who runs the NEL and bus service. As you know Delgro is a 'big' company. Not only this rumours spreading around among SBST drivers but also in the stock market as well. Of course not to mention this also spreading like hotcakes in $MRT, who runs $MRT Train/LRT/Bus/Taxi.
You may have notice that the share price of $MRT stands at around 93 - 95.5cents/share.
$MRT just 'R' 46 positions on tuesday. This 'R' will goes on for sometime. They had already 'R' quit a number of positions to keep cost down for the pass year. This is unavoidable if you are running a transportation line. However I believe this got something to do with merge. Problem is: WHO BUY OVER WHO?????????????????????????????????????
If you compare the $$$ asset of $MRT and Delgro, of course you know who the winner lah. $MRT belongs to 'T.H' and Delgro ( I not too sure ).
Hmmmmmm.........just wait and see whats gonna happen in June 2005. -
You can say what you want.Originally posted by SBS9810X:Stop acting like a l*n j*ao manager lah.....You again have orang utan eyeballs ah.....What position position.....WHO BUY OVER WHO?LTA buy you and kick you out of Singapore.
Manager433, this nick is the name of a pc soccer game.
Manager433 all the while didn't say he is a manager with any transport company.
So don't use rude and vulgar words. If you got the f_u_ck_in_g balls, say it out loud. No need to use *. Got me clear you little dumb boy? -
Attn SBS9810X
Please mind your languages used. -
manager 443 . you got a point there.
let's ignore those ignorant and barbaric remarks from those uneducated & uncivilised people! -
Not that I talk big here hor, I have tons and tons of info about all you need to know. However due to sensitive issue I cannot disclose here or else tomorrow I'll kana call up go drink coffee with the prince.
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Another wastage of money, to change logo, change uniform, change website, change service guides etc. etc.
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If I dun remember wrongly.
SMRT is majority owned by Temasek Holdings (i tink) whose chief is Mdm Ho Ching...who is the wife of our PM.
Comfort Delgro is majority owned bythe NTUC or something like tat...hmmm....which is of course related to the govt. -
To think there is even any "competition" in the first place. All transportation assets (buses included) belong directly or indirectly to the government. For real competition to take place, one company (maybe SMRT) should sell a huge stake to an outside operator (like Connex). After all, even London's Metroline is property of ComfortDelGro, so why can't we practice reciprocity?Originally posted by Zilchster:If I dun remember wrongly.
SMRT is majority owned by Temasek Holdings (i tink) whose chief is Mdm Ho Ching...who is the wife of our PM.
Comfort Delgro is majority owned bythe NTUC or something like tat...hmmm....which is of course related to the govt. -
Agree with you brader! The money shld be used for more buses, or if not, improve the bus svc better!Originally posted by PJ_Quek:Another wastage of money, to change logo, change uniform, change website, change service guides etc. etc. -
This piece of news sounds like me trying to swallow my foot. Its IMPOSSIBLE!Originally posted by phillipC:anyone heard any rumours that these 2 are going to merge in June 2005? -
I really, really do not believe that there is going to be a merger. It's impossible. SMRT just repainted almost all their buses, it would be a waste of money if they had to repaint again.
Unless...because they know they are going to merge, that's why they did not paint the smrt buses in very,very nice livery
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If I say possible, will you flame me huh? Delgro more ' richer' than $Mrt de. You not aware meh?Originally posted by SBS3624G:This piece of news sounds like me trying to swallow my foot. Its IMPOSSIBLE! -
If you are not happy with his attitude, try calling for his suspension like what has been done to Smilebigbig (requested by Jusgal) or Sibeysuaykia (courtesy of Lilogirl).Originally posted by off_service:Attn SBS9810X
Please mind your languages used.
Connex is still richer than ComfortDelgro. They have operations in more cities worldwide.Originally posted by Manager433:If I say possible, will you flame me huh? Delgro more ' richer' than $Mrt de. You not aware meh? -
Seems like this topic isn't new and apparently has been ressurected.
http://www.sgforums.com/?action=thread_display&thread_id=60635 -
If the marriage of SMRT bus and SBST comes true, it may not be too bad, at least some improvements may be observed in Yew Tee and Sembawang.
SBST has more resources and initiatives, the marriage may enable SbST to channal their excess resources to Yew Tee.
I would prefer there is only 1 bus(SBST) and 1 train (SMRT) operator after the marriage, rather than 1 bus(owned by SBST and SMRT) and 2 trains (SBST and SMRT) operators. -
I still prefer a model whereby there are 3 bus operators (SBS, Tibs, maybe Woodlands Tpt?) and one train operator (SMRT).Originally posted by iamgoondu:I would prefer there is only 1 bus(SBST) and 1 train (SMRT) operator after the marriage, rather than 1 bus(owned by SBST and SMRT) and 2 trains (SBST and SMRT) operators. -
New service by SBST to serve between CCK and WDL, passby UT, and also Sungei Kadut Ind. Estate.Originally posted by iamgoondu:If the marriage of SMRT bus and SBST comes true, it may not be too bad, at least some improvements may be observed in Yew Tee and Sembawang.
SBST has more resources and initiatives, the marriage may enable SbST to channal their excess resources to Yew Tee.
I would prefer there is only 1 bus(SBST) and 1 train (SMRT) operator after the marriage, rather than 1 bus(owned by SBST and SMRT) and 2 trains (SBST and SMRT) operators.
And also, bus from CCK/BPJ to AMK. -
It never happened then, and it sure as hell isn't going to happen now. I've run the possibility with my sources within the LTA and SBST, and they cannot confirm anything.Originally posted by iveco:Seems like this topic isn't new and apparently has been ressurected.
http://www.sgforums.com/?action=thread_display&thread_id=60635 -
Saw TODAY.
And shocked to read this statement! (in red)
Is it going to happen!
The Public Transport Council (PTC) is assessing applications from SMRT and SBS Transit, which operates the North-East Line (NEL) in addition to its bus services.
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Its decision will be out next month, with the changes taking effect from July.
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According to a new formula, any fare hike would be 2.4 per cent, or no more than 2 cents on an average 80-cent fare.
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Both SMRT and SBS Transit, a unit of ComfortDelgro, have cited rising operating costs to justify their applications for a fare increase.
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The last time public transport fares rose was in 2002. This time, SMRT's request for higher fares comes on the back of the firm's record net profit of $126.9 million for the year ended Mar 31.
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Addressing critics, Ms Saw stressed that her aim was not to raise fares so that SMRT makes a profit.
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She explained: "The costs have gone up by about 10 per cent over the past three years — things like statutory fees, GST and property taxes, fuel and security that I have to absorb, completely not passing through to the customer."
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She added that MRT fares here were about one-third of Asia's average and less than half of the United States', yet the MRT system has been ranked top in the world for punctuality and second for cost and manpower efficiency.
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So, why not merge SMRT with SBS Transit's NEL to beget more cost savings, as some analysts have suggested?
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"We're very open to the idea, but what's the price? NEL in itself is still loss-making. At this rate, they (SBS Transit) have not expressed that they're interested to do anything," said Ms Saw.
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"I suppose they believe they can do something better with it, which we think is tough."
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SBS Transit's response on the fare-hike issue: Pg 16 Proposal may mean no increase for some: SMRT
Christie Loh
[email protected]
THE controversial proposed fare hike will not hit everyone equally.
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Eight of 10 MRT commuters using the EzLink card would see either no change or, at most, a 1-cent rise in fares, revealed Ms Saw Phaik Hwa, SMRT's president and chief executive on Friday.
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This is because in the train operator's fare hike application last month, it had asked for the bulk of the increase to fall on the "better-off", who only take the MRT occasionally, she said.
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"For people who buy one ticket at a time — tourists or people who have cars but like to take a train — if I increase a standard ticket of 80 cents by 10 cents, that's nothing to them. So, we're looking to move fares up significantly more in those areas where people can afford," she told reporters after SMRT's prize-giving ceremony for the Ride-for-Free Promotion.
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Yesterday, SBS Transit also came out to elaborate that if its proposal for a fare hike were approved, it could introduce measures that would include keeping fares for schoolchildren unchanged; extending hours for concessionary travel by senior citizens to include weekends, for example; and setting up a transport fund for the poor and needy.
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The Public Transport Council (PTC) is assessing applications from SMRT and SBS Transit, which operates the North-East Line (NEL) in addition to its bus services.
.
Its decision will be out next month, with the changes taking effect from July.
.
According to a new formula, any fare hike would be 2.4 per cent, or no more than 2 cents on an average 80-cent fare.
.
Both SMRT and SBS Transit, a unit of ComfortDelgro, have cited rising operating costs to justify their applications for a fare increase -
That would be great, Then my SMRT shares will merge with SBST shares, Then I will earn a profit overnightOriginally posted by 5454:well i hope this rumours become true i am waiting for the day SBST takes over SMRT
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MRT fares may vary due to different train systems in use, but bus fares should be standardised across the board. No reason for us to pay more when we travel with different bus companies.
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Do u noe that there's a COMFORTDELGRO office in Sungei Kadut?Originally posted by PJ_Quek:New service by SBST to serve between CCK and WDL, passby UT, and also Sungei Kadut Ind. Estate.
And also, bus from CCK/BPJ to AMK.