Singapore Post

The search is over at SingPost, so what next? - THE EDGE SINGAPORE

Broker's Calls

The search is over at SingPost, so what next?

SINGAPORE (Dec 30): UOB Kay Hian is maintaining its “hold” on Singapore Post with SOTP-based target price of $1.76

Stocks To Watch

SingPost, Second Chance, Wee Hur, EcoWise, Mermaid

SINGAPORE (Dec 28): Here are some stocks that could move the market this Friday morning:

S&P cuts Singpost’s credit rating to BBB+

SINGAPORE (Nov 10): Standard & Poor’s Financial Services has lowered Singapore Post’s credit rating from “A-“ to “BBB+”, after noting that the group is more willing to have a higher, albeit sustainable, leverage.

Market Close

STI closes 0.4% higher at 2,800.95

SINGAPORE (Nov 7): The Straits Times Index gained 0.4% to close at 2,800.95, cautiously moving higher after the FBI found no new evidence to charge Democratic Party presidential nominee Hillary Clinton.

Stocks To Watch

SingPost, Frasers Centrepoint Trust, Ryobi Kiso, Venture Corp, Best World

SINGAPORE (Nov 7): Here are some factors and stocks that could move the market this Monday morning:

SingPost appoints new directors; updates on steps taken to tighten corporate governance

SINGAPORE (Oct 10): Singapore Post (SingPost) announced the appointment of three new non-executive independent directors to its board. They are:

Broker's Calls

These 4 Asean postal companies get Nomura's stamp of approval

SINGAPORE (Oct 7): Asean courier service providers are about to get interesting with online retail sales poised to hit US$36.1 billion ($49.6 billion) by 2020, translating into a five-year CAGR of 23%.

Broker's Calls

What now for SingPost investors?

SINGAPORE (Aug 5): UBS is maintaining its “neutral” call on SingPost with a lower price target of $1.53 while CIMB is keeping its “hold” with an unchanged target price of $1.49.

Results

SingPost’s 1Q earnings fall 23% to $35.9 mil on absence of one-off gains

SINGAPORE (Aug 4):  Mail, logistics and e-commerce company Singapore Post (SingPost) reported a 23% decline in 1Q earnings to $35.9 million from $46.6 million in the same quarter the year before.

Incoming SingPost CEO to face ‘difficult FY17’

SINGAPORE (July 7): CIMB Research has downgraded Singapore Post (SingPost) from “add” to “hold” with a lower price target of $1.49 from the previous $1.76.
×