fourseas
2022-08-28

Oh

@我i168：
$SINGAPORE POST LIMITED(S08.SI)$...can SingPost be a meme stock ofSGX? Local 'celebrity', must say I did not know, Steven Lim Kor Kor sold his HDBapartment and sunk 300k into buyingSingPost shares. Like Diamond Hands! All in! Will it 🚀 TTM? SingPost share price has fallen quite a bit with increasing volumes in the past week or so, since the news came out. Will it shoot up (and down), like a real meme stock? Possible? During 2020, US meme stocks like $GameStop(GME)$$AMC Entertainment(AMC)$etc etc started by Reddit forumers to short-squeeze institutional shortsellers. Do justifications to unjustly market selling on those poorly performing stocks. SingPost has weak fundamentals but is in the process of transforming itself into a global logistics company. Its postal part of business has been in declining, postal offices are very much like GME's game shops. SingPost has Temasek Holdings and Alibaba as its largest shareholders. It also has the SingPost Centre as a noncore asset which can be divested. Righ now it's making good progress in logistics services in Singapore and Australia. It makes money and is still paying good dividends. I think SingPost is better than a 'meme stock' even it does not become one. HODL! [Cool]
$SINGAPORE POST LIMITED(S08.SI)$...can SingPost be a meme stock ofSGX? Local 'celebrity', must say I did not know, Steven Lim Kor Kor sold his HDBapartment and sunk 300k into buyingSingPost shares. Like Diamond Hands! All in! Will it 🚀 TTM? SingPost share price has fallen quite a bit with increasing volumes in the past week or so, since the news came out. Will it shoot up (and down), like a real meme stock? Possible? During 2020, US meme stocks like $GameStop(GME)$$AMC Entertainment(AMC)$etc etc started by Reddit forumers to short-squeeze institutional shortsellers. Do justifications to unjustly market selling on those poorly performing stocks. SingPost has weak fundamentals but is in the process of transforming itself into a global logistics company. Its postal part of business has been in declining, postal offices are very much like GME's game shops. SingPost has Temasek Holdings and Alibaba as its largest shareholders. It also has the SingPost Centre as a noncore asset which can be divested. Righ now it's making good progress in logistics services in Singapore and Australia. It makes money and is still paying good dividends. I think SingPost is better than a 'meme stock' even it does not become one. HODL! [Cool]

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet