Singapore Post (SingPost)

Company in the news

Arbitration against SingPost quantified at $16.5 mil

The arbitration is related to a share purchase agreement (SPA) and shareholders’ agreement (SHA) in relation to Famous Holdings.

Broker's Calls

Maintain 'buy' for Singpost with reduced TP of 78 cents as it makes 'strong but delayed recovery': UOB Kay Hian

UOB Kay Hian analyst Llelleythan Tan believes Singpost has significant potential upside at current attractive price levels.

Broker's Calls

CGS-CIMB lowers SingPost's TP to 80 cents as it pushes back its recovery expectations

Analyst Ong Khang Chuen has kept "add" on the company as he expects SingPost's earnings to improve in the coming quarters.

Results

Singapore Post expects operating loss for post and parcel segments in 1Q

Singpost's post & parcel business expected to show poor performance in 1QFY2022.

Results

SingPost reports 188.1% y-o-y surge in 2HFY2022 earnings of $48.1 mil

SingPost has proposed a final dividend of 1.3 cents per share for the 2HFY2022, bringing the full year's dividend to 1.8 cents.

Broker's Calls

SIA Engineering, SingPost and SingTel to benefit from Singapore's reopening: CGS-CIMB

On the flipside, healthcare providers like Raffles Medical Group and Q&M Dental Group face downside risks.
SingPost receives arbitration notice on share purchase agreement pertaining to Famous Holdings - THE EDGE SINGAPORE

Company in the news

SingPost receives arbitration notice on share purchase agreement pertaining to Famous Holdings

The notice of arbitration pertains to the agreements in relation to Famous Holdings and its subsidiaries.

Broker's Calls

UOB Kay Hian upgrades SingPost to 'buy' on robust 3QFY2022

UOB Kay Hian has also upped its target price to 78 cents from 75 cents previously.
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