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postal services
Broker's Calls
CGS-CIMB keeps 'hold' on SingPost as strategic review of 'commercial sustainability' is announced
Analyst Ong Khang Chuen has kept his TP unchanged at 55 cents while SingPost reviews its postal business with IMDA.
July 07, 2023
Broker's Calls
S&P downgrades SingPost rating from 'stable' to 'negative'
Analyst Pauline Chew expects elevated leverage to persist over the next three years, driven partially by segmental weakness.
December 13, 2022
Broker's Calls
Covid-19 disruption in postal and logistics services to hit Singpost: CGS-CIMB
SINGAPORE (April 21): Singapore Post (Singpost) is expected to record lower earnings and revenue ahead, given the disruption in postal and logistics services caused by the novel coronavirus (Covid-19) pandemic, according CGS-CIMB Research.
April 21, 2020
In print this week
Does SingPost still have a growth story to tell?
SINGAPORE (May 19): On May 17, Singapore Post announced a deal with Southeast Asia’s largest online shopping platform Lazada Group.
May 19, 2017
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
October 28, 2016
Broker's Calls
All’s well in SingPost’s mending of corporate governance
SINGAPORE (Oct 11): Maybank Kim Eng is keeping its “buy” call on Singapore Post (SingPost) with an unchanged price target of $1.77.
October 11, 2016
Broker's Calls
SingPost ready to gain, now that pain is over
SINGAPORE (Sept 20): Maybank is switching its stance on Singapore Post (SingPost) from “sell” to “buy” with a higher target price of $1.77 from $1.29 previously to reflect lower new acquisition and execution risk, as well as upward revisions to th
September 20, 2016