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Thread: SMRT returns trains

  1. #1
    Senior Member UncleFai's Avatar
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    http://www.channelnewsasia.com/news/...s/2931802.html

    1. Faults detected 3 years ago, took them that long to return to seller.

    2. Exposed by Hong Kong media then admit.

    3. Repairs for "non critical" issues take 7 years to do.

    Am I the only one scratching my head?

  2. #2
    Senior Member richiemccaw1's Avatar
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    Default Re: SMRT returns trains

    This whole thing stinks to high heaven. I am half expecting some diversionary news to be released tomorrow - perhaps reversal of parking fee increase or fixing someone else?

  3. #3

    Default Re: SMRT returns trains

    It signify the pathetic state we are in

  4. #4
    Senior Member Nikonzen's Avatar
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    Default Re: SMRT returns trains

    At least someone stands up to say unacceptable I suppose...
    Expand your mind or get left behind

  5. #5
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    It takes foreigners to speak up for us.

    Our own government has a lowly opinion of its own citizens.
    Don't brag about your accomplishments; Show us your future works.

  6. #6
    Senior Member Nikonzen's Avatar
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    Default Re: SMRT returns trains

    Quote Originally Posted by JacePhoto View Post
    It takes foreigners to speak up for us.

    Our own government has a lowly opinion of its own citizens.
    Maybe they do so because they get treated like this also??? So they help little brother if they can...admirable.

    I read article again...SMRT engineers called it out...HK did the leg work...Kawasaki just slow playing...First World Order bullcrap is what it is...get ready more coming our way!
    Last edited by Nikonzen; 6th July 2016 at 10:28 AM.
    Expand your mind or get left behind

  7. #7

    Default Re: SMRT returns trains

    First of all, is this a material information that requires disclosure by SGX? If it isn't, then there is no case. Please check the listing rules.

    HK media exposed it because they know that it can create sensational news in Singapore.

  8. #8
    Senior Member UncleFai's Avatar
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    LTA wanted to buy new trains. They went to China to source mistaking they are cheaper there. They found one & asked the manufacturer, 'What happens if the trains are faulty?'

    The manufacturer quietly pointed to the only English sign board in the factory that reads:

    "GUARANTEE NO SPOIL"

    Feeling assured, they bought the trains. Now the trains give problems. LTA quickly asked for a refund or an exchange.

    When the manufacturer refused to give either, LTA pointed to the sign board assuring a guarantee.

    The manufacturer replied philosophically, "Brother, you are in China. And for 5,000 years, we read from right to left."

  9. #9
    Senior Member shierwin's Avatar
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    Default Re: SMRT returns trains

    Quote Originally Posted by UncleFai View Post
    LTA wanted to buy new trains. They went to China to source mistaking they are cheaper there. They found one & asked the manufacturer, 'What happens if the trains are faulty?'

    The manufacturer quietly pointed to the only English sign board in the factory that reads:

    "GUARANTEE NO SPOIL"

    Feeling assured, they bought the trains. Now the trains give problems. LTA quickly asked for a refund or an exchange.

    When the manufacturer refused to give either, LTA pointed to the sign board assuring a guarantee.

    The manufacturer replied philosophically, "Brother, you are in China. And for 5,000 years, we read from right to left."
    Good one
    Last edited by shierwin; 6th July 2016 at 08:49 PM.

  10. #10
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    Default Re: SMRT returns trains

    70% voted for this government so they have the support of the majority whatever they do, or don't do.

  11. #11

    Default Re: SMRT returns trains

    Quote Originally Posted by ziggy View Post
    70% voted for this government so they have the support of the majority whatever they do, or don't do.
    You are playing the same old broken record again and again.

  12. #12
    Senior Member Nikonzen's Avatar
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    Default Re: SMRT returns trains

    Come to America or maybe England where the vote is 50/50 no clear mandate and politicians do whatever the heck they want and nothing gets done. Haha

    Interestingly enough today in Pennsylvania train goers were p!ssed...it seems the rail line had to pull a bunch of trains...cracks or something like that...things that make you go hummm...
    Last edited by Nikonzen; 7th July 2016 at 04:30 AM.
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  13. #13

    Default Re: SMRT returns trains

    Quote Originally Posted by ziggy View Post
    70% voted for this government so they have the support of the majority whatever they do, or don't do.
    Please be reasonable. Nothing is perfect!

    It is lucky it is detected.
    Last edited by Yappy; 7th July 2016 at 06:40 AM.

  14. #14
    Senior Member Nikonzen's Avatar
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    Default Re: SMRT returns trains

    http://mobile.nytimes.com/2016/07/06...&setlang=en-US

    Hyundai trains no good either...

    Wonder if American engineers haven't been following these reports.
    Expand your mind or get left behind

  15. #15
    Senior Member UncleFai's Avatar
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    Quote Originally Posted by Yappy View Post
    Please be reasonable. Nothing is perfect! It is lucky it is detected.
    First part ok. Best camera companies also got defective products that slipped through QC.

    It's the "I don't owe you any reporting nor will I tell you anything till the free press of another country pichar our lobang" that irks me.

  16. #16
    Senior Member richiemccaw1's Avatar
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    Welcome to Singapore!

  17. #17

    Default Re: SMRT returns trains

    Looking at the share price of SMRT, the shareholders aren't concerned about this news.

  18. #18
    Moderator daredevil123's Avatar
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    Default Re: SMRT returns trains

    Quote Originally Posted by Jedi View Post
    Looking at the share price of SMRT, the shareholders aren't concerned about this news.
    Who are the major shareholders of SMRT? hmmmm

  19. #19

    Default Re: SMRT returns trains

    Quote Originally Posted by daredevil123 View Post
    Who are the major shareholders of SMRT? hmmmm
    Based on 2016 annual report of SMRT, the largest shareholder is Temasek who owned 54.10% of SMRT.

  20. #20
    Moderator daredevil123's Avatar
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    Default Re: SMRT returns trains

    Quote Originally Posted by Jedi View Post
    Based on 2016 annual report of SMRT, the largest shareholder is Temasek who owned 54.10% of SMRT.
    That explains why the shareholders are not concerned....

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