Others   

SingPost

that's true..but with the potential share overhang subject to singtel disposal of its 26%..i thk there upside is quite limited...

 

It dividends is more then enough to cover bank interest.

 

this counter ding dong 1.02-1.05...wah..if everyday i buy at 1.02 and sell at 1.05...hee....WOW!!!

 

Worth considering a buy option for singpost, below a dollar for it dividends, another stock is ComfortDelgro oso for it dividends. To those who wanted safe stocks and not much risk to take type.

 

hi teeth53, safe and sound stocks usually don't move very much...  very difficult to make money from trading...

 

hi teeth53, safe and sound stocks usually don't move very much...  very difficult to make money from trading...

 

I realiazed that newspaper and stock broking house always miss out Singpost as a good yield play candidate, and this is not without reason.

Just look at the divident forecast of MIIF and many others, then we will realiazed that Singpost is still far out in his league.

 

SingPost is a very defensive stock, down side very little, upside still get abit more, safe n sound.

 

i notice this SingPost is quite resistantive at $1.0++ region...past few days ding dong up and down....can accumulate??? seems that the mgt has foresight in developing its new "finiancial" busi in anticipation of mail liberalisation??? comments??

 

Hi sporegal,

The max no. of days for the charts provided at ShareJunction is about 9 months which can give a  false perception to the TA indicators. William %R and Chaikin Osn is diverging from the price curve (MA) and the RSI is around 30 may give some people an inaccurate conclusion. Looking thro some other free service where they  give us a year's data, the MA10,50,100 tell us that it is too late to sell off singpost. The 3 MAs were getting closer on the uptrend and intertwinked around mid March which was the best time to sell. The RSI is oscillating around 30 for the past 2 weeks. So, need to observe further.

 

Here's the chart that I did not post correctly the first time, attached to my comments below.

 

Yah I know that RSI is below 30 which means its oversold.

However, you should also see the RSI trend. You'll notice its been downtrending for some time.

Ideal case would be RSI oversold BUT uptrending.

 

Hi sporegal,

The William's R and the MA(or price) are diverging, RSI is around 30, and Chaikins' Osn and MA is also diverging, so I don't know why you said tha singpost TA charts are performing badly ?

 

Hi,

My 2 cents worth - this stock's TA charts are performing badly. All indicate a strong downtrend. Stay away for now.

 

Fundamentals-wise Singpost is moving into the unsecured credit business which has immense profit potential. However, its due to lose its domestic mail monopoly with potential increase in competition for its lucrative commercial mail and parcel business.

Dividend-wise its yield is in the region of 4-5% like SMRT but its paid quarterly which is meant to minimise flucuations XD. Whatever you do dont buy till after the latest XD at least.

Vested.

 

Hello nickyng,

Weakness in a stock (shown by something simple like a consistent decline in a weekly bar chart) is usually an indication not to buy. Strength, on the other hand (which could be shown in a simple way by a breakout from a downtrend) could be an indication to buy, but there would be lots of other criteria also.

In the case of Singpost, like SMRT that you also mention, it is also a downtrending stock - and therefore I would not be buying it at the moment from a technical analysis perspective until it shows some strong signs of breaking out of the current trend, on the weekly charts. Just my view.

In 2.5 years, Singpost almost exactly doubled its share price, from .63 in May03 to 1.22 in Dec05, and I wonder how many people would have made that prediction? By the same token, it has now lost about 20% of its share price in about 5 months, and so who is to say it cannot go down further. What I therefore look for are signs of a reversal, then confirmation of that reversal (back upwards again)before getting back into a stock.

You also mention Div yield but this is not my area so I will leave it up to those experts to comment further.

I have posted the weekly chart below, but usually they get removed quite quickly, probably because it takes up disk space (maybe the nice guys at sharejunction who have created this great website could allow me the 20kb space so for my charts?!)

 

hi,

current weakness indicate a buy?? compare to SMRT..is this more attractive interms of dividends yield ???

Guru any comments?