Singapore Post

HPH Trust replaced Jardine C&C as the overall winner in this sector

For the year ended March 31, SingPost reported earnings of $24.7 million; Singtel, meanwhile reported earnings of $2.23 billion

CGS-CIMB Research has cut its FY21-23 earnings per share forecasts for the company by 9.9%-12.9% on weaker postal margins.

SINGAPORE (Feb 8): Singapore Post (SingPost) says it will be hiring a hundred more postmen and redeploying 35 mail-drop drivers to become full-time postmen as well as increase the number of dedicated counters and staff at post offices, aside from upgradin

SINGAPORE (Feb 4): CGS-CIMB Securities is maintaining its “hold” call on Singapore Post (SingPost) while lowering its target price to $1.03 from $1.12 previously, which now implies 19.7 times FY20F P/E.

SINGAPORE (Nov 14): Singapore Post saw its earnings fall 9.5% to $28.5 million in the 2Q ended September, down from $31.4 million a year ago.

SINGAPORE (July 20): Singapore Post chairman Simon Israel has been hospitalised, just hours before an annual general meeting (AGM) on Thursday.

SINGAPORE (June 15): OCBC is upgrading Singapore Post to “hold” from “sell” with unchanged fair value estimate of $1.20 given the significant correction in its share price.

SINGAPORE (March 28): Lim & Tan Securities is maintaining its “buy” call for CapitaLand with $4.15 target price after the developer signed a third-party mall management contract with Singapore Post for its upcoming mall.

SINGAPORE (March 7): OCBC Investment is maintaining its “hold” call on Singapore Post (SingPost) with a lower fair value of $1.39 from $1.42 previously, while noting a lack of catalysts for re-rating on the stock.