OK, OK, I exaggerate: only 8% more of population if S’poreans don’t start breeding like rabbits.
DBS Vickers expects an upcoming white paper on Singapore’s population to raise its population target to 7 million from 6.5 million, which will benefit construction, land transport, property and healthcare companies. http://www.reuters.com/article/2013/01/18/markets-singapore-stocksnews-population-idUSL4N0AN3GR20130118
SMRT is not on the “buy” list. It too has concerns about SMRT, like me and many others.