Public transport business models

[ShepherdPie]

http://www.todayonline.com/singapore/publi...not-sustainable

 

And how much of 13 millions is incurred is once-off expense even due to earlier breakdown. 1) legal fee 2) expert fee 3) repair fee ? Already we can account 2mil to fine that incurred because of the breakdown. Makes me wonder how much the CEO is paid and was the sever package Ms Saw received.

 

http://www.reuters.com/article/2012/07/16/...E8IG36W20120716

Singapore subway operator SMRT will be given the maximum fine of S$2 million ($1.58 million) for two major disruptions in December that affected hundreds of thousands of commuters, a regulator said on Monday.

 

SMRT, which also operates buses and taxis, had net profit of S$120 million in its 2011 fiscal year on revenues of nearly S$1.06 billion, according to Temasek's latest annual report. ($1 = 1.2650 Singapore dollars) (Reporting by Kevin Lim; Editing by John O'Callaghan)

 

[Mustank]

There is something wrong somewhere with the public transport scheme

[Mockngbrd]

Go back to non prvt lo

[Tjkbeluga]

There is something wrong somewhere with the public transport scheme

Tell that to KBW...

[RadX]

Tell that to KBW...

 

 

something not right with the system [laugh]

[Mustank]

Tell that to KBW...

 

this one is the current funny quote

 

There is something wrong somewhere with [fill in the blank here]

[Booboon]

but hor smrt ceo general said their performance grade is B wor

[Carnoob]

but hor smrt ceo general said their performance grade is B wor

 

Ya, then release report of loss then proceed with request for increase in fare... it's all planned

[Subutai]

Lai liao loh... Frequent breakdowns are caused by consumers or poor maintainance, management?

 

Cannot substain then re-org again please.

 

Want to raise fare cos garment helping companies to increase workers salary sibo?

[Watwheels]

Aiya, change industry and sell chicken rice lor.

 

Knn, make 1 billion dollars still wanna kao Peh.

[inlinesix]

Nationalise both transport co. MRT goes to SMRT. Bus goes to SBS. Both mode of transport fight it out lor.

[Happily1986]

I wonder how did SMRT'S overseas business units fared.

[Oblong]

fill in the blanks game.

 

iCame ___

iSaw ___

iMake ___

 

Use the following words to fill

love, progress, crap, friends, chaos, orderly, cable ties, lui, early, delay, ....

 

 

positive msm statement:

iCame chaos

iSaw progress

iMake orderly

 

cuddly:

iCame early

iSaw friends

iMake chaos

[Xefera]

1 billion is revenue lah deh, only 80 million goes to the pocket.

 

how to answer to shareholders? you think they really concern about providing quality services to commuters?

[Myxilplix]

So many years of 100+ million annual profits all diam diam, sekali one quater of loss only it becomes "unsustainable". Very good.

 

 

[Rustyz]

Lai liao loh... Frequent breakdowns are caused by consumers or poor maintainance, management?

 

Cannot substain then re-org again please.

 

Want to raise fare cos garment helping companies to increase workers salary sibo?

 

They need new line cannot keep reuse and recycle this plot

[Watwheels]

1 billion is revenue lah deh, only 80 million goes to the pocket.

 

how to answer to shareholders? you think they really concern about providing quality services to commuters?

I always thought they want to make their wallets fatter.

 

 

[S4vtec]

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