Singapore Post (SingPost)

SINGAPORE (Feb 2): Singapore Post (SingPost) announced that its 3Q17/18 earnings increased 37.2% to $43.0 million, compared to $31.4 million in 3Q16/17.

SINGAPORE (Jan 10): OCBC Investment Research is keeping its “hold” call on Singapore Post (SingPost) with an unchanged fair value estimate of $1.26.

SINGAPORE (Dec 4): DBS Research is maintaining its "hold" call on Singapore Post with a target price of $1.23 after the announcement of higher postage rates for international small packets.

SINGAPORE (Nov 17): DBS Vickers Securities is maintaining its “hold” call on Singapore Post (SIngPost) with a lower target price of $1.23 compared to $1.26 previously to imply a yield of about 2.7%.

SINGAPORE (Nov 16): A turnaround seems to be on the cards for Singapore Post.

SINGAPORE (Oct 11): Maybank Kim Eng is maintaining its “hold” call on Singapore Post (SingPost) with an unchanged price target of $1.22, pending clearer direction from the strategic review of the group’s business strategy.

SINGAPORE (Oct 10): SingPost on Monday announced the launch of SingPost Centre’s retail wing, a new one-stop lifestyle destination in Singapore’s east, after two years of redevelopment and costing $150 million.

SINGAPORE (Aug 4): Singapore Post (SingPost) posted 1Q earnings of $31 million, down 13.6% from $35.9 million a year ago on higher expenses and loss from associated companies and joint ventures.

SINGAPORE (July 26): DBS Vickers Securities is maintaining a “hold” recommendation on Singapore Post (SingPost) with a target price of $1.26 on the belief that the market is currently pricing in better recovery for both the group’s logistics and e-c

SINGAPORE (July 18): UOB KayHian is maintaining its “hold” on Singapore Post with an entry and exit price of $1.25 and $1.37.