$SINGAPORE POST LIMITED(S08.SI)$ after the blind board members employed vincent phang as CEO , singpost share price has been going down!!!!!. He was formally from Toll and did not do well there. The value of singpost has now plunged to record low . Making it look valueless. Book value is more than total share price( co. Value). This guy is brainless and is at a loss. I think he is very comfortable and complacent totally ignoring what he is there for. Singpost is a pioneer and biggest player in post and delivery and logistics in Singapore or use to be ( but still the only official licensees for general post). Why he cannot use singpost economy of scale and natural advantages to beat those small players?. They have been slow and losses to small nimble players like ninja van example. Hope someone from the board will put pressure on this vincent to perform.
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