In recent years, every time the Singapore railway system broke down, it was like a nail to the counter's coffin. Due to the service disruptions, SMRT stock price has plummeted at a frightening rate from $1.74 in 2012 to $1.02 in March 2014. Speculators must have lost a lot of money in this counter. This is not surprising because to invest in SMRT, you need to hold a long term investment horizon. Fundamentally, even though SMRT has a monopoly in the public transport system, its business model is heavily dependent on government policies, and because of this, investing in this company is not so often straight-forward. On 24 April 2014, SMRT share price rocketed 21% on rumors of CEO Desmond Kwek's submission of new financing framework to Singapore government for the company's assets. The increase was the biggest ever one day gain for the stock. I reckon that ...