Alibaba

Broker's Calls

SingPost put on ‘hold’ in anticipation of new CEO

SINGAPORE (March 27): Maybank Kim Eng Research is maintaining its “hold” call on Singapore Post (SingPost) at an unchanged target price of $1.34 given major decisions within the group are likely to be put on hold until new CEO, Paul Coutts officially

US again labels Alibaba ‘notorious market’ for knock-offs

NEW YORK/HONG KONG (Dec 22): The US has again labeled Alibaba Group Holding Ltd. one of the world’s largest destinations for fake goods, a major embarrassment for a Chinese e-commerce titan trying to shake off its reputation as a haven for counterfei

Broker's Calls

SingPost has seen better days, but prospects remain hopeful

SINGAPORE (Nov 8): UOB Kay Hian and OCBC Investment Research have both announced a “hold” recommendation on Singapore Post (SingPost) with a lower target price of $1.76 and a higher fair value of $1.47 respectively.

Broker's Calls

SingPost lays groundwork for future growth

SINGAPORE (Nov 7): CIMB is maintaining an “add” call on Singapore Post with a target price of $1.76, citing the groundwork the company is currently undertaking for future growth.

In print this week

SingPost sets sights on regional e-commerce boom with new logistics hub

SINGAPORE (Nov 4): At Singapore Post’s brand-new e-commerce logistics hub, T-shirts, gadgets and cosmetics are stacked in some 18,000 blue boxes — called totes —at one corner of the warehouse floor.

Lazada acquires Redmart which will continue to operate independently

SINGAPORE (Nov 2): Alibaba unit Lazada on Wednesday signed an agreement to acquire online grocer Redmart for an undisclosed amount.
Singapore Post (SingPost) Regional eCommerce Logistics Hub

Broker's Calls

SingPost stays ahead of disruption with new ecommerce logistics hub

SINGAPORE (Nov 2): Maybank Kim Eng is keeping its “buy” recommendation on Singapore Post with an unchanged target price of $1.77 following the launch of its new regional ecommerce logistics hub.

Broker's Calls

Overhang on Singpost’s share price to be lifted with JV conclusion

SINGAPORE (Oct 28): CIMB Securities is upgrading its “hold” call to “add” on Singapore Post (Singpost) with a higher target price of $1.76 as UOB Kay Hian and Maybank Kim Eng are reiterating their “buy” calls on the stock, both with price targ

Alibaba’s second investment in Singpost approved; completes Quantium JV

SINGAPORE (Oct 27): The Infocomm Media Development Authority of Singapore has finally given Alibaba the go-ahead to increase its stake Singpost for the second time from 10.2% to 14.4%.

Broker's Calls

Can SingPost deliver post-corporate governance (mail)feasance?

SINGAPORE (Oct 12): Singapore Post is on the mend. The national postal service provider on Monday appointed three new non-executive independent directors to its board, in line with recommendations from an independent corporate governance (CG) review.
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