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Why SMRT shareholders will not allow CEO to resign

Confuseous

Alfrescian (Inf)
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While the service breakdowns are technical and customer service issues, it would be interesting to take a look at the financial and stock performance of the company.

And, we found, that it has grown its revenue, net profit and dividends during Ms Saw's watch from 2002. (See charts below)

The stock price has tracked the business performance, having risen about 150% since the start of 2002 at around 72 cents and closing at $1.82 last Friday.

Add in the net dividends totalling 56.35 cents from FY03 (financial year ended March) to FY11, and the return rises to an excellent 230%. That would place it among the best investments available on the Singapore Exchange -- and, by the way, surprise investors who favour small caps for their higher growth potential.

At a stock price of $1.82, SMRT is a S$2.7 billion company whose stock currently trades at a dividend yield of 4.6%.

http://nextinsight.net/index.php/st...w-it-has-done-financially-under-saw-phaik-hwa
 
wanbao also quoted some commuters saying CEO no need to resign! KNNBCCB!!!
 
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