Shares & Derivatives
SMRT stock: you invest in this multi-stars stock?
By Singapore Stocks Investing (SSI)  •  October 13, 2015
SMRT stock went south by 1.4% to close today’s trading session at $1.365, after today’s blackout incident at few MRT stations today. Personally, I am not vested in SMRT stock though investors who invest in it may want to hold the stock as SMRT provides trains services which are basic goods for our people. Some people view SMRT as a multi-stars stock for the following reasons: 1) CEO of SMRT is former Chief of Defence, LG Desmond Kuek who has 3 Stars 2) SMRT works closely with Land Transport Authority which is helmed by former Navy Chief, Chew Men Leong who has 2 stars 3) LTA reports to Ministry of Transport who is helmed by Minister Khaw Boon Wan. Khaw was a former Permanent Secretary before he entered politics, an appointment which higher than a 3-Stars Lieutenant-General (so also many stars). Interestingly, assisting Minister Khaw is newly-minted Senior ......
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By Singapore Stocks Investing (SSI)
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