bernardtayet
2024-12-30
Most tends to see Sing post as a mail or letter delivery organisation.  This is its origin as a postal service. Today it is not. It offers services to e-commerce and related services. A new CEO and a team of new management staff may be able to develop new strategies and vision to transform the business, like Starbucks and locally like Comfort Delgro from a taxi company to an international transport entity. Sing Post may be a global logistics players with a new management team.

I am optimistic about this organisation once a new CEO is hired to lead it with a new vision. Its share price will rise.

Just a personal perspective only.  I may be proven wrong.

DBS Buys 250K SingPost Shares! Can It Stage a Comeback?
DBS Bank purchased 250,000 shares of SingPost on September 16 for about $110,000, raising its stake to 0.062%. Following this move, Temasek’s combined deemed ownership via DBS Bank and Singtel now stands at 22%. While SingPost shares closed unchanged at S$0.43 on September 17, the stock edged up 1.16% to S$0.435 by 11:42 am on September 18. Temasek-linked holdings strengtheSand the stock showS a mild rebound. Could SingPost be positioning itself for a longer-term re-rating? After declines for two months, Can SingPost stage a comeback?
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Comments

  • Hunter Brown
    2024-12-31
    Hunter Brown
    I think so too! In fact, SingPost has already started rebounding recently. The dismissals were likely the worst news already.
    • bernardtayet
      Thank you for similar perspective. The share prices had gone up further today. It was reported to pay special dividends once non core assets are disposed off.
  • Tanakaken
    01-01
    Tanakaken
    But isn't selling off the Oz freight handling biz contrary to the aspired new biz directions you mentioned?
  • Tanakaken
    01-01
    Tanakaken
    The only new biz strategy that has been hinted at is that it intends to be asset light!
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