SMRT stock price was $1.025 yesterday but today the stock price was $1.215, a 19 –cents or 18.5% increase! Intra-day, SMRT stock price went as high as $1.24! When queried by SGX, SMRT said that it was not aware of any announcements which may have sparked the rally in SMRT stock price. SGX has given SMRT stock a “trade with caution” status. So what could have caused SMRT stock price to head up by so much in one single day? On the corporate front, there was not much corporate news which might have explained this rally, except for the appointment of a Senior Vice President. In my earlier post, I have shared my observation that Temasek Holdings may be on a buying spree and companies which were on analysts’ “potential privatisation targets” lists which have Temasek as a major shareholder could be similarly acquired if ......