Not sure if this will improve Singapore post’s business operations. I’ve not used it for a very time. Nowadays, most things are online applications. I have not used it for any parcel delivery too. There are many other logistic companies out there too. Won’t buy the dip as I think it is a dying business. I have no preference for postal service company as many people have now gone online and companies have gone for e-notice to save the earth.
SingPost -10% on CEO Dismissal: Can It Rise From the Ashes?
On December 22, Singapore Post issued a statement announcing the dismissal of CEO Vincent Phang, CFO Vincent Yik, and Head of International Business Li Yu after investigating reports received earlier this year.
Following the announcement, Singapore Post's stock plunged by 10% on the same day.
Many users in Singapore have complained about poor service quality from the company.
--------------
Do you think this round of dismissals will improve Singapore Post’s business operations?
Would you consider buying the dip?
Which postal service company do you prefer to use?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments