Public transport business models

[Watwheels]

unsustainable at 80 million profit ? so to be sustainable is 1B profit ? please do the right thing and delink public service and private ownership...

Yalor. Dan the question to them is how much profit is enough? It's never enough & it will only keep rising.

[Gendut]

This CEO gives other CEOs from Singapore a bad name.

 

Now the whole world will associate Singapore with incompetence. Instead of retooling, rejig, reorganise, motivate, cut the waste, layoff useless baggage, this guy just hollers that they don't have enough profits so must raise fares.

 

If its so easy to be a CEO I don't see why his pay is in the millions when an ah beng business owner can do a lot better?

 

Sorry I don't see meritocracy at work here. More like cr***y.

[PorkChong]

i think the mg general should just tell the pappies straight that the population now and population target for 2030 is unsustainable for their trains and tracks.

[Mllcg]

govt alr subsidising bus for them. and the free train rides.

 

like that not enough?

[Vulcann]

i think the mg general should just tell the pappies straight that the population now and population target for 2030 is unsustainable for their trains and tracks.

 

Bro dun pray pray hor he no MG but LG when retired:

 

(Source: http://www.mindef.gov.sg/imindef/mindef_we...t_Us/Ranks.html )

 

The sa liap qi one on the extreme right was his former rank.

Edited May 2, 2013 by Vulcann

[Freestylers09]

Taiwan can do it without privatize..somemore about $0.80 fare, why cant we...

 

funny is ask them to learn about the peak hour free scheme..LOL..

 

we should learn from their system to maintain in such cost and improvise on the system and culture instead of telling them learn from us on free peak hour rides..lol

[inlinesix]

Taiwan can do it without privatize..somemore about $0.80 fare, why cant we...

 

funny is ask them to learn about the peak hour free scheme..LOL..

 

we should learn from their system to maintain in such cost and improvise on the system and culture instead of telling them learn from us on free peak hour rides..lol

Different biz model.

 

In Singapore, no profit = fail.

 

In Taiwan, breakeven = good.

[Altivo]

I'm not surprised the rails are showing fatigue.

 

The trains used by SMRT are made-in-china Kawasakis and it weights 5 tonnes heavier than the made-in-japan models. And don't forget the trains are mostly pack with commuters. The additional 5 tonnes + passenger load is really taking a toll on the tracks..

[Rustyz]

I'm not surprised the rails are showing fatigue.

 

The trains used by SMRT are made-in-china Kawasakis and it weights 5 tonnes heavier than the made-in-japan models. And don't forget the trains are mostly pack with commuters. The additional 5 tonnes + passenger load is really taking a toll on the tracks..

 

 

Didn't know the weight diff. The freq has also increased plus cut cost and budget way of using cable tie.

[Mustank]

I'm not surprised the rails are showing fatigue.

 

The trains used by SMRT are made-in-china Kawasakis and it weights 5 tonnes heavier than the made-in-japan models. And don't forget the trains are mostly pack with commuters. The additional 5 tonnes + passenger load is really taking a toll on the tracks..

 

use heavier train, just use more heavy duty tracks lor

 

but use heavier tracks, need to lagi reinforce the track pilliars or not ah?

[Mustank]

Didn't know the weight diff. The freq has also increased plus cut cost and budget way of using cable tie.

 

got lah, the other time, the big breakdown, the break glass one

got those siao train one from donno which website one got say about the heavier train

but mrt people did not buy the train, they just drive it around and collect marnie

it was lta who bought the train

so cannot blame mrt people

[S4vtec]

Bro dun pray pray hor he no MG but LG when retired:

 

 

(Source: http://www.mindef.gov.sg/imindef/mindef_we...t_Us/Ranks.html )

 

The sa liap qi one on the extreme right was his former rank.

 

 

 

The security guard at my place has 4 stars, and talks more sense

[Kiadaw]

Different biz model.

 

In Singapore, no profit = fail.

 

In Taiwan, breakeven = good.

Different leh. SMRT is is listed company. They need to answer to their shareholders.

 

Also, if not say cannot sustain, then how to justify (a possible) fare increase soon.

 

Also, why on one hand fine them, on another give them money. What the point of the fine then?

[S4vtec]

I'm not surprised the rails are showing fatigue.

 

The trains used by SMRT are made-in-china Kawasakis and it weights 5 tonnes heavier than the made-in-japan models. And don't forget the trains are mostly pack with commuters. The additional 5 tonnes + passenger load is really taking a toll on the tracks..

 

 

you seem to be in the industry know. any predictions as to how they will respond to the aging infrastructure ? or is it a downhill spiral now since the maintence has been neglected for profits in retail for so long.

[inlinesix]

Different leh. SMRT is is listed company. They need to answer to their shareholders.

 

Also, if not say cannot sustain, then how to justify (a possible) fare increase soon.

 

Also, why on one hand fine them, on another give them money. What the point of the fine then?

The single shareholder of SMRT is ........

[Darthrevan]

There is something wrong somewhere with the public transport scheme

 

indeed..public transport should be nationalized

[Freestylers09]

any listed coy can get funding from gahment without raising rights etc?

 

wah wait other listed coy do this how?suga suga ask for $

 

US Bailout for banks,their pple damn dl liao..lol

 

 

btw the $ they asked for,granted?

Edited May 2, 2013 by Freestylers09

[Mustank]

any listed coy can get funding from gahment without raising rights etc?

 

wah wait other listed coy do this how?suga suga ask for 1b

 

US Bailout for banks,their pple damn dl liao..lol

 

 

btw the 1b they asked for,granted?

 

 

that is why mrt shares is a must buy