SGX Listed COMPANY OVERVIEW: SMRT Corporation

SMRT Corporation Ltd, an investment holding company, provides multi-modal public transport services in Singapore and internationally. It operates through Rail Operations, Bus Operations, Taxi Operations, Rental, Advertising, Engineering Services, and Other Services segments.

• The Rail Operations segment offers transport-related services. This segment operates North-South-East-West and circle lines of the mass rapid transit system; and the Bukit Panjang light rapid transit system.
• The Bus Operations segment provides public bus services. This segment offers approximately 102 bus services with a fleet of approximately 1,200 buses connecting the Western and North-Western areas with the rest of Singapore.
• The Taxi Operations segment rents taxis; offers taxi services; and sells diesel to taxi hirers. This segment manages a fleet of approximately 3,500 taxis. The Advertising segment sells and manages media spaces and marketing solutions; and e-commerce platform.
• The Rental segment engages in commercial space leasing, retail operations, and property management activities. This segment manages a network portfolio of approximately 37,700 square meters, as well as operates 41,000 square meters of retail space.
• The Engineering Services segment provides consultancy, project management, and rail engineering services; and leases fiber optic cables. The Other Services segment offers charter hire, and repair and maintenance services. This segment operates a fleet of 80 buses, which include mini-buses and 12-metre buses; and provides approximately 45 bus services to corporate clients. The company was founded in 1987 and is based in Singapore.

FINANCIAL VIEW

• Asset of the company is increasing and liabilities decreasing .
• The net income is continuously increasing, as well as revenue is also increasing.

Return on Equity	10.90
NAV	1897.3
Market Cap	S$ 2,222.3 mm

Return on Equity

• As chart is showing return on equity is increasing as compare to last year and technical chart is also indicating that SMRT has taken rebound.
• Return on equity also showing that company performing well so it is giving good return.

GROWTH OVER PRIOR YEAR (%)

	FY2013 31/Mar/2013	FY2014 31/Mar/2014	FY2015 31/Mar/2015
Revenue	1,119.469	1,192.714	1,278.88
Gross Profit	446.29	453.935	522.78
Net Income	83.338	61.902	91
EBITDA	270.079	254.855	319.023
Total Assets	2,224.405	2,072.512	2537.21
Total Liabilities	632.997	565.741	639.913

STOCKS TECHNICAL:

S1	S2	R1	R2
1.48	1.41	1.52	1.58

TECHNICAL INDICATORS:

Daily Chart: SMRT daily chart showing that market is taken rebound so we are expecting bullish trend in SMRT.RSI at 56 showing positive indication.

Weekly Chart: In weekly chart it made inverted hammer so its indicating in weekly frame it has taken rebound.

Our VIEW:

The stock is technically more sound, it has taken rebound from its support level 1.48 and we are expecting it will move up .we can see bullish trend in this counter. If its break its resistance of 1.50 then expected to go up
Short term View: BULLISH with support @1.41 target 1.52

Long term View: BULLISH with support @1.41 target 1.58

If traded on proper support and resistance for a day or so we can take out good profit in the contra holding also.