Singapore Post (SingPost)

SINGAPORE (March 16): UOB Kay Hian is maintaining its “hold” recommendation on Singapore Post (SingPost) with a target price of $1.46 as FY17 draws to a close, on the notion that FY18 will remain a “year of transformation” for the group where elev

SINGAPORE (Feb 15): Joining the list of brokerages with a “hold” recommendation on Singapore Post (SingPost) is DBS, which is resuming coverage on the provider of mail, logistics and eCommerce solutions at a target price of $1.31.

SINGAPORE (Feb 13): Although Religare is still in the midst of reviewing its latest rating on Manulife US REIT, the research house says it remains upbeat on the REIT’s outlook given how its 4Q16 results exceeded forecasts as the US office market continu

SINGAPORE (Feb 13): UOB Kay Hian, Maybank Kim Eng and OCBC Investment Research are unanimously maintaining their “hold” calls on Singapore Post (SingPost) after the provider of mail, logistics and eCommerce solutions on Friday posted a 27.9% fall in 3

SINGAPORE (Feb 10): SingPost posted a 27.9% fall in 3Q earnings to $31.4 million from $43.5 million a year ago due to operating losses in the US e-commerce business, costs related to the new Regional eCommerce Logistics Hub, and a fall in domestic mail vo

SINGAPORE (Dec 29): Singapore Post has appointed Paul William Coutts as its group chief executive officer and non-independent director of the SingPost board, effective June 1, 2017.

SINGAPORE (Nov 17): There were no major surprises for UOB Kay Hian in 3Q16. According to the research house, 65% of the stocks under its coverage reported financial results came in line with their expectations.

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.

SINGAPORE (Nov 4): Singapore Post reported a 41.2% fall in 2Q earnings to $31.4 million from a year ago due to the absence of one-off divestment gains which boosted the bottomline a year ago.

Welcome to SingPost’s $182 million bet on the e-commerce industry. Launched on Nov 1, the hub represents the company’s largest e-commerce logistics investment so far. The three-storey facility with a built-up area of 553,000 sq ft boasts 291 chutes fo