Singapore Post says it has agreed to purchase a 95% stake or 47,500 ordinary shares in Supertoken Pte. Ltd. from Soh Syan Hui for $204,250. |
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Business innovation is what Singapore Post needed most at this point of time! Is there any so far?
vonntan ( Date: 14-Jun-2011 10:58) Posted:
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Singapore Post Ltd announced that it has today entered into a non-binding Memorandum of Understanding with Efficient, concerning the proposed collaboration and co-operation between the parties in data and document management business in Indonesia (and such other countries as may be mutually agreed between the parties).
http://sgsharemarket.com/home/2011/06/singapore-company-highlights-14062011/?=Singpost
Singapore Post announced that it had entered into a share purchase agreement with Oce N.V. for the purchase of 900,000 ordinary shares in the share capital of DataPost Pte. Ltd.
http://sgsharemarket.com/home/2011/05/singapore-company-highlights-26052011/
luan qi ba zao, anyhow emphasized
KiLrOy ( Date: 21-Feb-2011 01:48) Posted:
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as long can make money...
One moment he says to reduce reliance on mail, the next very sentence to continue to focus and invest in it. Am I missing something here?
Said Mr Ng: “With the global trend of declining mail volumes, it is imperative that we reduce our reliance on mail revenue and diversify our revenue base, growing our business within and outside Singapore. That said, mail is still a key business for us and we will continue to focus and invest in it to meet our customers’ changing and growing needs. The new structure will help us achieve our aim to build a more balanced revenue and earnings profile, while taking care of our existing customers.”
I have done some fundamental analysis on Singpost. Stable company but don't really give you high growth in money if you just rely on the dividend it pay out.
read my analysis on Singpost here
Singapore Post Limited announced that it had entered into a sale and purchase agreement with Ms Soh Syan Hui for the purchase of 47,500 ordinary shares in the share capital of SuperToken Pte. Ltd. Further thereto, the Company wishes to announce that completion of the Proposed Investment took place today, resulting in the Company holding 95 per cent of the total issued share capital of SuperToken. Consequent to this, SuperToken is now a subsidiary of the Company.
/sgx/
| WRITTEN BY THE EDGE |
| THURSDAY, 10 FEBRUARY 2011 19:11 |
Singapore Post's 3Q net income drops to $43.8m
| WRITTEN BY BLOOMBERG |
FRIDAY, 28 JANUARY 2011 17:29 |
Singapore Post, the company that runs the city-state’s postal service, said its third- quarter net income declined 0.7% from a year ago to $43.8 million.
Our pivot point stands at 1.14.
Our preference: as long as 1.14 is support look for 1.28.
Alternative scenario: the downside breakout of 1.14 would call for 1.09 and 1.05.
Comment: the RSI is above its neutrality area at 50. The MACD is positive andbelow its signal line. The stock could retrace in the short term. Moreover,the stock is trading under its 20 day MA (1.19) but above its 50 day MA(1.17). Singapore Post is currently trading near its 52 week high reached at 1.25 on 22/09/10.
Supports and resistances: 1.32 *1.28 **1.25 1.19 last 1.16 1.14 **1.09 *
// TRADING CENTRAL is a commentary service specialising in technical analysis //
// quite a popular stock in singapore with good dividends too //
I think must be the bigger pacman
gobble up the big pacman... 
temp123 ( Date: 18-Dec-2010 16:00) Posted:
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| Time | Last | Volume | Buy/Sell |
| 17:05:03 | 14.400 | 642,000 | Sell Down |
| 17:00:00 | 14.420 | 1,000 | Sell Down |
| 16:59:51 | 14.440 | 6,000 | Buy Up |
| 16:59:46 | 14.440 | 1,000 | Buy Up |
This one rooks more rogical.
temp123 ( Date: 18-Dec-2010 16:00) Posted:
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| Time | Last | Volume | Buy/Sell |
| 17:05:03 | 1.230 | 3,554,000 | Sell Down |
| 16:59:37 | 1.200 | 18,000 | Sell Down |
| 16:59:14 | 1.200 | 10,000 | Sell Down |
Huai isit Sell Down when the price is higher?
Who will queue to buy at 1.23 when it's 1.2 now?
there will be a limit right ?
ozone2002 ( Date: 17-Dec-2010 17:11) Posted:
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seems like the BBs are moving into defensive plays..
singpost chiong so much today..
looks like the market rally will not have much more to move further..
perhaps its time to talk abt this stock again. this thread has been dead too long already...
Good financial site. I read & appreciate.
ch 24 close: $1.08
OCBC INVESTMENT RESEARCH, March 24
SINGAPORE Post (SingPost) is issuing $200 million in principal amount of fixed-rate notes due 2020 with a coupon rate of 3.5 per cent. With a denomination of $250,000, the notes will have a tenure of 10 years. SingPost intends to use the net proceeds to finance new investments as part of its growth strategy. The group also expects to use part of it to fund anticipated capital expenditure and working capital requirements.
We had previously mentioned that the group may have to replace or upgrade its mail processing system (bought in 1997-1998) by undertaking capex plans gradually. SingPost also has bonds (principal amount $300 million) maturing in April 2013. Given these reasons, this announcement did not take the market by surprise. In our view, it is also an opportune time to issue bonds now when interest rates are still low. As these are fixed-rate notes, future increases in interest rates will not affect the group's interest expense.
SingPost's annual operating cash inflow has historically been substantial (an average of $164 million a year in FY2006-FY2009). Standard & Poor's has also affirmed its AA- long-term corporate credit rating on SingPost, reflecting the group's 'very strong market position in its core domestic and international mail business, high operating efficiency, and solid cash flow measures'. Though S&P has revised the rating outlook to 'negative' from 'stable', this merely means that the long-term credit rating may be lowered, and is not necessarily a precursor of a rating change. Reasons cited were weaker credit protection metrics for the next two years and uncertainty over the outcome of merger and acquisition activities. We note that even if the rating is lowered to A+, SingPost is still rated as investment grade.
Deutsche Post's CEO, Frank Appel, is 'optimistic about the future, even though many uncertainties remain ...'. Led by strong Asian export volumes, FedEx recently reported an 18 per cent jump in volume in its International Priority business , reflecting the region's recovery. With a broadening of the global economic recovery, arguably led by Asia, SingPost's plans to expand its reach in the region should yield positive results, if properly implemented.
With the above reasons and more, we maintain our 'buy' rating on the stock with fair value estimate of $1.16.
BUY
OCBC INVESTMENT RESEARCH, March 24
SINGAPORE Post (SingPost) is issuing $200 million in principal amount of fixed-rate notes due 2020 with a coupon rate of 3.5 per cent. With a denomination of $250,000, the notes will have a tenure of 10 years. SingPost intends to use the net proceeds to finance new investments as part of its growth strategy. The group also expects to use part of it to fund anticipated capital expenditure and working capital requirements.
We had previously mentioned that the group may have to replace or upgrade its mail processing system (bought in 1997-1998) by undertaking capex plans gradually. SingPost also has bonds (principal amount $300 million) maturing in April 2013. Given these reasons, this announcement did not take the market by surprise. In our view, it is also an opportune time to issue bonds now when interest rates are still low. As these are fixed-rate notes, future increases in interest rates will not affect the group's interest expense.
SingPost's annual operating cash inflow has historically been substantial (an average of $164 million a year in FY2006-FY2009). Standard & Poor's has also affirmed its AA- long-term corporate credit rating on SingPost, reflecting the group's 'very strong market position in its core domestic and international mail business, high operating efficiency, and solid cash flow measures'. Though S&P has revised the rating outlook to 'negative' from 'stable', this merely means that the long-term credit rating may be lowered, and is not necessarily a precursor of a rating change. Reasons cited were weaker credit protection metrics for the next two years and uncertainty over the outcome of merger and acquisition activities. We note that even if the rating is lowered to A+, SingPost is still rated as investment grade.
Deutsche Post's CEO, Frank Appel, is 'optimistic about the future, even though many uncertainties remain ...'. Led by strong Asian export volumes, FedEx recently reported an 18 per cent jump in volume in its International Priority business , reflecting the region's recovery. With a broadening of the global economic recovery, arguably led by Asia, SingPost's plans to expand its reach in the region should yield positive results, if properly implemented.
With the above reasons and more, we maintain our 'buy' rating on the stock with fair value estimate of $1.16.
BUY
UNDER WEIGHT.
pharoah88 ( Date: 24-Mar-2010 11:32) Posted:
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