atans1

SMRT v Delgro: Who treats us better?

In Infrastructure on 22/12/2011 at 8:48 am

Depends on what you mean by “us”.

Usually when I have to go to and from Raffles City or Place, or Shenton Way, I take the bus, as it is the most convenient means of transport (driving included).

On Tuesday at about 4.20pm, I was at Outram and decided to take the train to Eunos and then switch to a bus to return home. When I boarded the train, it was full. I was very fortunate to get a seat as I had a heavy load (I had juz bot six books). When it got to Raffles Place, more people entered than departed. But the number entering was light (The slaves don’t leave until 5.30pm at the earliest). But at Raffles City, the train became very packed as masses got in, and not so many left. The train got less crowded at Bugis. But until Eunos it was full (but not packed), standing room only, as more people got off than in And this was at 4.20- 4.40pm!

Now at 4.20 –  4.40pm if I were at Raffles Place or City, I would have no problem getting a seat on the bus. The bus would only be at best three-quarters full of sitting passengers.

Draw your own conclusions.

As an investor, I can draw the conclusion that Comfort Delgro is not extracting full value from commuters. This could affect shareholder value? Management should learn from SMRT. Maybe bring in SVP “Better you die than my train or bus gets damaged” Goh Kong Chee from SMRT*

*OK, OK. I exaggerate a little, but not that much

http://atans1.wordpress.com/2011/12/18/smrt-svp-is-great-believer-in-shareholder-value/

http://atans1.wordpress.com/2011/12/17/smrt-another-commuters-can-choose-comment/

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  1. Just buy both lah. Unless Temasek goes bankrupt, sure win one lah. But & hold until PAP gets less than 50%. Then sell all.

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