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?

avatarStar in the Sky
01-03 06:20
Singpost needs to improve on the mail delivery service. Either my letter were sent to another unit in my block or I received others letter in my letter box. I'm not sure believe is due to the postman. Some of them don't understand English and having poor working attitude.
avatarSpiders
2024-12-31

SingPost -10% on CEO Dismissal: Can It Rise From the Ashes?

The recent news of SingPost’s CEO Vincent Phang, CFO Vincent Yik, and Head of International Business Li Yu being dismissed has rattled investor confidence, leading to a sharp drop in the company’s stock. While the departures of these key leaders undoubtedly carry weight, I believe the company’s fundamentals go beyond the influence of three individuals. SingPost is a large organization with a vast network of employees and a long-standing infrastructure that is unlikely to hinge solely on the leadership of a few people. That said, this development still raises questions about the company's trajectory and strategic focus. Leadership Changes: Impact on Confidence Leadership transitions in any company, particularly abrupt or contentious ones, can spook investors. Dismissals might hint at disagr
SingPost -10% on CEO Dismissal: Can It Rise From the Ashes?
avatarMickey082024
2024-12-31

Singpost (S08) A Buy Of Decade or A Loss of Two Decade?

$SingPost(S08.SI)$ will likely be pleased to see a 35% rise in the share price over the past quarter. However, this recent improvement doesn't erase the disappointing returns over the last five years. During that period, the share price has fallen by 37%, significantly underperforming the broader market. While the past week's performance may offer some reassurance, long-term investors remain in the red. I mean very super RED, the stock had dropped for 10+ years…. Is falling for multiple Years from it all time high! Let's examine whether the company's underlying business fundamentals have contributed to this decline. Company Overview Business Segments Logistics (67.7% of revenue) Cross-border e-commerce logistics.Freight management and forwarding
Singpost (S08) A Buy Of Decade or A Loss of Two Decade?
avatarAN88
2024-12-31
$SingPost(S08.SI)$  yea will raise from ashes
avatarELI_59
2024-12-31
So far I am pleased with $SingPost(S08.SI)$ services. I can collect my NRIC, passport renewal and do my postal services all at one place which is near my place, instead of travelling all the way to ICA @TigerWire @TigerGPT
avatarECLC
2024-12-31
No idea if SingPost can rise from the ashes; not buying the stock but will use SingPost's services if need to.
avatarbernardtayet
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.
avatarMicroStrategist
2024-12-30
This is hilarious
avatarSuccess88
2024-12-30
I feel frustrated that those promoter will stand near the counter and promote with their investment products. It's was quite annoying when you rejected them they still come back and ask your why. Please come take a look. Give me 5 min of your time. Etc @MHh @SPOT_ON @SR050321 have you encountered before?
avatarMHh
2024-12-30
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.
avatarLiverpoolRed
2024-12-30
$SingPost(S08.SI)$  It will come back after new higher management personnels come on board.
avatarTiger_SG
2024-12-30

Have You Ever Felt Frustrated With SingPost's Services?

On December 22, $SingPost(S08.SI)$ 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, stock plunged by 10% on the same day.1. What leads to the dismissal?The incident stemmed from a report received by the company, claiming that its international e-commerce logistics parcel business was engaged in improper operations. Some employees were accused of manually altering the delivery status codes to avoid penalties that could be triggered by customer contracts.The investigation revealed that this misconduct reflected serious managerial and supervisory negligence at the senior levels.2. Have you ev
Have You Ever Felt Frustrated With SingPost's Services?

SG Daily Market Update (30 Dec 2024) | 🦖 #TheInvestingIguana EP651

🟩 🇸🇬 OCBC's $103M move signals shifts in Singapore's banking landscape! Dive into the latest market developments as we shed light on OCBC's strategic sale, Semcorp's renewable energy triumph, and SingPost's leadership shakeup. Join Iggy as we unpack these game-changing moves and their potential impact on Singapore's financial sector. Whether you're an investor eyeing opportunities or simply curious about market trends, this video is packed with insights you won't want to miss. Discover why OCBC's Hong Kong Life Insurance stake sale matters, how Semcorp's ahead-of-schedule project completion in Oman could boost earnings, and what SingPost's executive changes mean for the company's future. We're connecting the dots to reveal the bigger picture of Singapore's economic strategies. Remember, in
SG Daily Market Update (30 Dec 2024) | 🦖 #TheInvestingIguana EP651
avatarbernardtayet
2024-12-30
Singpost : buy or wait,? The recent parcel gate scandal may raise a question or buying it sell the share if you have it. Bystanders will wait for the issue to be settled. The answers depend on what's your investment objectives. Some may strike while iron is hot. Buy the stock when others are fearful.  This group hopes that prices will rise at least as much as it has fallen.  Others fear that prices will drop further hence they quickly dispose what they are holding, to cut losses. The third group will wait, if the price falls further, they may say luckily I didn't enter the market, or sigh if the price went up further, telling friends that fear has stopped them from buying when it drops by about 10 %. I invest for long term but occasionally when the shares of certain company fall
avatarYoung Perry
2024-12-28
avatarneo26000
2024-12-26
$SingPost(S08.SI)$  I will be severely cut if I try to catch a falling knife. Thousands of stocks to choose from. I will never choose this one. [Speechless]  
avatarTigerNews_SG
2024-12-26

SG Morning Call|SingPost’s Proposed A$1B Sale of Australian Business ‘on Track’, Says Buyer Pacific Equity Partners

Market SnapshotSingapore stocks opened lower on Thursday. STI down 0.3%, SingPost up 2%, Olam up 1.7%, Nio up 1%.Stocks to Watch $Koh Bros(K75.SI)$: Its wholly owned subsidiary bagged a S$313.9 million contract from the Land Transport Authority to design and construct a bus depot in Lorong Halus. Works will begin on Jan 6, 2025, and are expected to be completed by 2029. With the addition of the bus depot contract, on top of other recently secured orders, the group currently has an order book of about S$899.7 million, said the company on Wednesday. The counter closed 2.3 per cent or S$0.001 higher at S$0.044 on Tuesday. $ComfortDelGro(C52.SI)$: The land transport operator is among several taxi and ride
SG Morning Call|SingPost’s Proposed A$1B Sale of Australian Business ‘on Track’, Says Buyer Pacific Equity Partners
avatarAqa
2024-12-23
It is extreme fear for this stock now. It would be like gambling to buy the dip . Today is triple witching for $SingPost(S08.SI)$. Its share price has dropped 9.82% this morning. 3 top senior executives including Group CEO, CFO were fired over their handling of whistle-blowing report. Thanks @Tiger_comments @SPOT_ON @Shyon @icycrystal @GoodLife99 @Optionspuppy @SPACE ROCKET @Blinkfans @Fenger1188 @koolgal
@Tiger_comments:PCE Saves Market? How to Trade as Sentiment Turns to Extreme Fear?
avatarAqa
2024-12-23
[Facepalm]💦 Most up to date bad news is our Christmas gift here. $SingPost(S08.SI)$ had dropped 9.82% this morning. 3 top senior executives including Group CEO, CFO were fired over their handling of whistle-blowing report. Fellow Tigers are in a fix. To buy the dip is too risky because there is no visibility, it is like gambling. This one need to wait and closely monitored. Misjudged this stock and held on it too long. Its young ones are as bad as the old ones. Rotten through the roots. Thanks @TigerEvents @SPOT_ON @Shyon @icycrystal @GoodLife99 @Optionspuppy @SPACE ROCKET @Blinkfans @Fenger1188 @koolgal
avatarLemoonbear
2024-12-23