Dinosaur hunter
Well-Known Member
Re: SMRT drivers refused to start work
Room rate at $80 /hr??? Please go "sleep with snake".
zorro;928393 said:
Room rate at $80 /hr??? Please go "sleep with snake".
SMRT drivers refused to start work
- Thread starter C3P0
- Start date
DrK
Well-Known Member
Re: SMRT drivers refused to start work
Tua peh gong lai liao!! The 4 arrested co has a savior! The one with no human rights is telling the one with minimal human rights how to handle human rights issue! This is the most comical thing ever.
U know what? At the end of the day, the 4 will be freed. Or the issue will be dragged on until it becomes faded in memory. How many times have we seen these episodes playing out well for FTs? Big brother Chink will press on small brother Sing. We locals get LPPL. Simple as that. We are prisoners of our own actions - adopt, spoil, pamper the FTs until no tomorrow - and now it is back to bite us hard. And there is NOTHING (I mean literally nothing) we can do hor... it is a win-win situation for all FTs and a dead-dead situation for Sinkies.
What national rights? What autonomy? What sovereignty? What law and order? What stand by constitution? All cock. We get scared abit and all strings get shaken. Like a paralysed man with a broken spine. Or rich but impotent or toothless.
I wish the old days of Michael Fay can return. I wish young son has half the fire and guts of the old man. Can only wish lah.
China Expresses Concern as Singapore Charges Bus Drivers - Bloomberg
Tua peh gong lai liao!! The 4 arrested co has a savior! The one with no human rights is telling the one with minimal human rights how to handle human rights issue! This is the most comical thing ever.
U know what? At the end of the day, the 4 will be freed. Or the issue will be dragged on until it becomes faded in memory. How many times have we seen these episodes playing out well for FTs? Big brother Chink will press on small brother Sing. We locals get LPPL. Simple as that. We are prisoners of our own actions - adopt, spoil, pamper the FTs until no tomorrow - and now it is back to bite us hard. And there is NOTHING (I mean literally nothing) we can do hor... it is a win-win situation for all FTs and a dead-dead situation for Sinkies.
What national rights? What autonomy? What sovereignty? What law and order? What stand by constitution? All cock. We get scared abit and all strings get shaken. Like a paralysed man with a broken spine. Or rich but impotent or toothless.
I wish the old days of Michael Fay can return. I wish young son has half the fire and guts of the old man. Can only wish lah.
China Expresses Concern as Singapore Charges Bus Drivers - Bloomberg
Last edited by a moderator:
DrK
Well-Known Member
Re: SMRT drivers refused to start work
If 4 are really freed, I don't think anyone will take our country seriously anymore. We will lose all the respect and we will be a laughing stock on international scene. It has greater repercussions than losing Romanian ambassador or freeing some expats sex offenders. I sincerely hope MIW is holding urgent AGM now to solve this in the best 'face-saving' option possible.
Mockngbrd;928440 said:The 4 sure just let off with warning lor
If 4 are really freed, I don't think anyone will take our country seriously anymore. We will lose all the respect and we will be a laughing stock on international scene. It has greater repercussions than losing Romanian ambassador or freeing some expats sex offenders. I sincerely hope MIW is holding urgent AGM now to solve this in the best 'face-saving' option possible.
Dinosaur hunter
Well-Known Member
Re: SMRT drivers refused to start work
SGreans strike confirm get to stay in "Changi chalet".
Mockngbrd;928460 said:
SGreans strike confirm get to stay in "Changi chalet".
Last edited by a moderator:
Dinosaur hunter
Well-Known Member
Re: SMRT drivers refused to start work
Can throw in free valet parking service and simple meal?
zorro;928454 said:
Can throw in free valet parking service and simple meal?
C3P0
Well-Known Member
Re: SMRT drivers refused to start work
They will get better pay and better lodging. Which is fair.
But in the end, commuters will suffer because there will be fare increase across the board due to "increasing operational costs relating to the maintenance of SMRT bus fleet".
They will get better pay and better lodging. Which is fair.
But in the end, commuters will suffer because there will be fare increase across the board due to "increasing operational costs relating to the maintenance of SMRT bus fleet".
Re: SMRT drivers refused to start work
Free valet..yes in fact I already hired the 40 PRC bus drivers......Parking will be HDB electronic parking la.......Free meal...depending whether one of our forumners got cook curry ....
Free valet..yes in fact I already hired the 40 PRC bus drivers......Parking will be HDB electronic parking la.......Free meal...depending whether one of our forumners got cook curry ....
Dinosaur hunter;928474 said:
Dinosaur hunter
Well-Known Member
Re: SMRT drivers refused to start work
Looking at the profit they make versus the increase in pay is peanuts. Did someone say profit comes first?
C3P0;928479 said:
Looking at the profit they make versus the increase in pay is peanuts. Did someone say profit comes first?
Dinosaur hunter
Well-Known Member
Re: SMRT drivers refused to start work
SMRT Corporation's Q4 net profit rises 50.3% to more than S$34m
By Amanda Feng | Posted: 29 April 2011 2151 hrs
SINGAPORE: SMRT Corporation says its fourth quarter net profit rose 50.3 per cent to more than S$34 million for this year.
Revenue over the same period rose 8.6 per cent to S$244.5 million.
Group revenue for the full year for the period ended March 31 increased by 8.3 per cent to S$969.7 million due mainly to factors such as higher bus ridership, contribution from Circle Line and higher taxi rental revenue.
SMRT says the group revenue is expected to be higher in first quarter of financial year 2012, compared with the same period of 2011, due mainly to higher train and bus ridership.
Revenue from increase in ridership will be negatively impacted by lower average fare due to the implementation of distance fares.
Going forward, SMRT will add 22 trains and 50 new buses. Fare revenue and depreciation will increase correspondingly.
As a result, cost will remain a challenge due to continued losses that will be incurred in the early phases of Circle Line operations and volatility in both diesel and electricity prices.
- CNA/cc
Source: SMRT Corporation's Q4 net profit rises 50.3% to more than S$34m - Channel NewsAsia
SMRT Corporation's Q4 net profit rises 50.3% to more than S$34m
By Amanda Feng | Posted: 29 April 2011 2151 hrs
SINGAPORE: SMRT Corporation says its fourth quarter net profit rose 50.3 per cent to more than S$34 million for this year.
Revenue over the same period rose 8.6 per cent to S$244.5 million.
Group revenue for the full year for the period ended March 31 increased by 8.3 per cent to S$969.7 million due mainly to factors such as higher bus ridership, contribution from Circle Line and higher taxi rental revenue.
SMRT says the group revenue is expected to be higher in first quarter of financial year 2012, compared with the same period of 2011, due mainly to higher train and bus ridership.
Revenue from increase in ridership will be negatively impacted by lower average fare due to the implementation of distance fares.
Going forward, SMRT will add 22 trains and 50 new buses. Fare revenue and depreciation will increase correspondingly.
As a result, cost will remain a challenge due to continued losses that will be incurred in the early phases of Circle Line operations and volatility in both diesel and electricity prices.
- CNA/cc
Source: SMRT Corporation's Q4 net profit rises 50.3% to more than S$34m - Channel NewsAsia
Dinosaur hunter
Well-Known Member
Re: SMRT drivers refused to start work
SMRT Q4 net profit drops
By Lynda Hong | Posted: 30 April 2012 2013 hrs
SINGAPORE: SMRT's net profit for the latest financial year shrunk by a quarter -- or 25.6 per cent -- to S$119.9 million.
The public transport operator cited high energy costs and goodwill impairment on bus business.
Still, about 80 per cent of its latest net profits will be returned to investors as dividends.
SMRT's fourth quarter net profit ended March 31 dropped 59 per cent to S$13.9 million from the previous year.
This is despite group revenue for the quarter rising by about 12 per cent to S$278.8 million.
For the full-year, group revenue increased by some nine per cent to S$1.06 billion.
SMRT said this is due to higher revenues from taxi rental and external fleet maintenance.
Rental, advertising revenue and higher ridership on trains and buses also contributed to higher income.
Revenue from advertising rose 36.9 per cent to S$8.3 million in the fourth quarter.
Rental revenue rose 14 per cent to S$21.5 million in the same fourth quarter from a year ago.
Still, the train operator said it expects a tough journey down the road.
SMRT interim CEO Tan Ek Kia said: "This year in particular, there will be, I believe, some compression because there is no increase in fare as announced by the government, but I hope in terms of volume, an increase in ridership will offset compression."
From now till March next year, SMRT said it expects the profitability from its train and bus operations to be particularly impacted by higher manpower costs such as salary adjustments and higher CPF rates.
The spate of train disruptions had led SMRT to announce its S$900 million asset renewal plan for the next eight years, earlier than planned.
The cost will be borne by SMRT and the Land Transport Authority (LTA).
This year, SMRT plans to spend half a billion Singapore dollars in capital expenditure.
SMRT said it is also looking at other ways of raising the funds.
SMRT CFO Catherine Lee said: "SMRT still has the MTM programme -- 880 million untapped. Should we need to raise the fund, it is a facility that is readily available. [There are also] banking facilities to tap as well.
The company has proposed a final dividend of 5.7 cents per share.
Including its interim dividend of 1.75 cents, this brings total dividend per share to 7.45 cents for the year -- a yield of four per cent for investors.
- CNA/wk
Source: SMRT Q4 net profit drops - Channel NewsAsia
SMRT Q4 net profit drops
By Lynda Hong | Posted: 30 April 2012 2013 hrs
SINGAPORE: SMRT's net profit for the latest financial year shrunk by a quarter -- or 25.6 per cent -- to S$119.9 million.
The public transport operator cited high energy costs and goodwill impairment on bus business.
Still, about 80 per cent of its latest net profits will be returned to investors as dividends.
SMRT's fourth quarter net profit ended March 31 dropped 59 per cent to S$13.9 million from the previous year.
This is despite group revenue for the quarter rising by about 12 per cent to S$278.8 million.
For the full-year, group revenue increased by some nine per cent to S$1.06 billion.
SMRT said this is due to higher revenues from taxi rental and external fleet maintenance.
Rental, advertising revenue and higher ridership on trains and buses also contributed to higher income.
Revenue from advertising rose 36.9 per cent to S$8.3 million in the fourth quarter.
Rental revenue rose 14 per cent to S$21.5 million in the same fourth quarter from a year ago.
Still, the train operator said it expects a tough journey down the road.
SMRT interim CEO Tan Ek Kia said: "This year in particular, there will be, I believe, some compression because there is no increase in fare as announced by the government, but I hope in terms of volume, an increase in ridership will offset compression."
From now till March next year, SMRT said it expects the profitability from its train and bus operations to be particularly impacted by higher manpower costs such as salary adjustments and higher CPF rates.
The spate of train disruptions had led SMRT to announce its S$900 million asset renewal plan for the next eight years, earlier than planned.
The cost will be borne by SMRT and the Land Transport Authority (LTA).
This year, SMRT plans to spend half a billion Singapore dollars in capital expenditure.
SMRT said it is also looking at other ways of raising the funds.
SMRT CFO Catherine Lee said: "SMRT still has the MTM programme -- 880 million untapped. Should we need to raise the fund, it is a facility that is readily available. [There are also] banking facilities to tap as well.
The company has proposed a final dividend of 5.7 cents per share.
Including its interim dividend of 1.75 cents, this brings total dividend per share to 7.45 cents for the year -- a yield of four per cent for investors.
- CNA/wk
Source: SMRT Q4 net profit drops - Channel NewsAsia
