Shares & Derivatives
Should You Buy SMRT Stocks Now?
By Singapore's Budget Babe  •  January 27, 2016

Yesterday, Mothership posted a viral post focusing on SMRT's huge gains in profits. At a preliminary glance, I immediately thought, "Wah, if this is true, then I better buy into the stock now!"

But then another voice in my head said, "Don't make the mistake of focusing on the stellar results of one quarter. Check whether such a performance can be sustained before you rush to buy."

SMRT shares climbed almost 3% within a day after the results were released, but I'm laughing at those who jumped to buy so soon after the announcement instead of doing a further forward analysis to determine whether going in now would be a wise move.

SMRT has never been (and will never be) on my watchlist of stocks. After reading Mothership's article, I decided to revisit my thesis and investigate if things have indeed turned around for the public transport provider.

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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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