SMRT stock was hovering around the $1.02 mark when it went all the way to $1.25+ as investors see now. I believe some investors are buying SMRT stock as they think that there could be a financial framework agreement being worked out between SMRT and the government over the ownership of SMRT’s assets. Secondly, investors may be looking at SMRT being more of a transport company as SMRT is making forays into retail (e.g. Sports Hub) and its advertising revenue seems to be increasing too. This second point may give investors some impressions that SMRT’s revenues will go up in its future financial reporting. Despite the above pointers, I read an analyst report in which the analyst still gives SMRT a 50-cents price target on grounds of the financial status of the company. I am still studying SMRT closely and at the present moment, SMRT stock to ......