Generally I think the main issues is that, year in year out, these companies are posting RECORD profits.
The question is, are these companies out to get profits or are they providing a public service.
Both SMRT and Sing power posted increase in profits and yet they are increasing the price for their services.
I think if companies are making losses due to rising raw material cost, then generally most citizens will accept the increase and find it justifiable.
So in essence, citizens are paying for the services and lining the pockets of these shareholders. And if you look deeper SingPower is wholly owned by Temasek Holdings.
So you see all this whining is getting to?