Moving from the streets to Street estimates — one of Singapore’s larger research houses published a report earlier this month on a Mainboard-listed real estate player. Looking through the websites of JTC Corporation and public sector e-procurement portal GeBIZ, the analyst had noticed the listco’s top bid in two separate tenders, and proceeded to work out the potential upside to shareholders in a short report published Friday.
An experiment conducted in 2008 by Japanese researchers set out to understand what causes traffic jams. After spacing 22 cars evenly around a circular track, drivers were requested to maintain a constant speed.
But tiny human errors — looking in the rear-view mirror, correcting to stay within lanes and braking to keep a distance from the vehicle ahead — quickly led to bunching and what would signify traffic snarls on actual roads.
