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SingPost
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stockwatch8877
Senior |
14-May-2026 11:50
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Is this a good or bad news? Why are people selling the shares? The price dropped to 35.5 cents. Maybe another few days the price will go to 33 cents. Back to the old day, I will wait for that price to buy.
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Joelton
Supreme |
14-May-2026 11:01
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SingPost to keep SingPost Centre as part of 3 new priorities for its reset strategy The postal and logistics player is bullish about the property&rsquo s upside potential [SINGAPORE] Singapore Post : S08 -1.32%(SingPost) has decided not to divest its flagship building, SingPost Centre (SPC). Instead, the postal and logistics player &ndash being bullish about the property&rsquo s upside potential &ndash will carry out enhancements to further milk the cash cow. &ldquo It is not for sale,&rdquo said SingPost CEO Mark Chong categorically. &ldquo SPC remains a crucial part of our portfolio we are retaining it.&rdquo The new plan marks a U-turn from the 2023/2024 decision of SingPost&rsquo s previous board, to divest the building in Paya Lebar where it is headquartered. It is also part of a set of initiatives to help the group achieve sustainable growth through three new strategic priorities. Chong laid out these priorities &ndash strengthening fundamentals, building scalable capabilities and capturing growth opportunities &ndash to The Business Times in an exclusive interview on Wednesday (May 13). SPC, which was previously valued at S$1.1 billion, had been deemed by SingPost&rsquo s previous board as a non-core asset and earmarked for divestment. However, the property has been SingPost&rsquo s top earner since it sold its Australian logistics business in March 2025, as the group struggles with a declining mail delivery business and a highly competitive e-commerce logistics business. SingPost is now eyeing a potential redevelopment of SPC, should height restrictions in the area be lifted when Paya Lebar Air Base is relocated from the 2030s. &ldquo We believe the height restrictions, when lifted, will offer SPC an opportunity to redevelop and reap further value,&rdquo said Chong. &ldquo The government blueprint for the development around Paya Lebar... could also provide a further boost to SPC&rsquo s asset value and redevelopment upside.&rdquo SPC has 55 years left on its lease. Even as SingPost awaits the unveiling of development details for Paya Lebar, it has already appointed an architect to carry out asset enhancement over the next 18 to 24 months, with the goal of improving the retail experience at SPC. It will also make more commercial space available in the building to increase its rental income. Three strategic priorities On strengthening SingPost&rsquo s fundamentals, Chong said this entails optimising the group&rsquo s operations, technology and network through an improved operating model. &ldquo We expect to reduce our cost-to-serve by more than 10 per cent,&rdquo he added. One way the group will seek to rein in costs is by optimising its post office space while maintaining about 40 of them some will become unmanned like auto lobbies to maintain public accessibility. Optimising its post office footprint will allow it to rent out the freed-up space and increase its rental income. For its post office network, SingPost will expand its product and service offerings, such as allowing Singtel shareholders to convert their special discounted shares. &ldquo With regards to the post office network, we believe we are on a firm path to achieve commercial sustainability,&rdquo said Chong, who took the helm in November 2025. He stressed that the transformation to a sustainable model for postal services will not come at the expense of customer service or convenience, as auto lobbies offer 24/7 access. As it seeks to build scalable capabilitiess, SingPost will invest in customer experience and automation. The use of autonomous vehicles and artificial intelligence, as well as modernising the post office network, are part of this initiative. In capturing growth opportunities, the group is targeting sensitive, high-trust logistics, the domestic business-to-business and enterprise market, and sector partnerships. Its recent partnership with international player Asendia is part of its efforts to increase cross-border logistics business. SingPost intends to leverage its warehouse space &ndash it has one million square feet of industrial space across its properties &ndash and expand into new logistics services. &ldquo This will enable us to serve our customers more comprehensively and unlock new revenue streams on customer expansion,&rdquo Chong explained. Shifting to variable cost structure Chong shared three ways that the group intends to cut the cost-to-serve for its logistics and letter business. First is an earlier announced S$30 million investment in a parcel sortation system. This will treble processing capacity of small to medium-sized parcels to 300,000 parcels a day when it goes live in July, bringing the group&rsquo s total daily capacity to 400,000 parcels. Chong said this will position SingPost to handle spikes in parcel volumes from its customers, including e-commerce platform operators during sales campaigns. Second, SingPost will be consolidating all its e-commerce parcel sortation at its e-commerce logistics hub by the end of 2026, improving efficiency and productivity. Third, the national postal provider will tap AI for delivery route optimisation. &ldquo As a result of these initiatives, we will shift from a largely fixed cost structure to one that is more variable and more efficient in cost base,&rdquo Chong added. &ldquo We will get the financial flexibility to adapt and scale with new opportunities.&rdquo Pricing discipline SingPost will continue to attract more business from e-commerce &ndash its core volume driver &ndash but Chong stressed that this will be done with pricing discipline despite the keen competition. &ldquo We will not sacrifice margins for volumes,&rdquo he said, adding that he believes this discipline can be maintained as a result of the cost savings and greater efficiencies reaped from the use of automation and technology. Chong is confident that this, along with SingPost&rsquo s competitive advantage from exclusive access to letterboxes &ndash the lowest cost delivery network available &ndash will position the group competitively against its peers.  For now, SingPost is not looking at overseas expansion, he added. The group&rsquo s logistics investment in Australia had been its previous cash cow. Shareholders have been looking forward to the reset strategy that the national postal service provider has promised since the sale of the Australian business in 2025. Shares of SingPost closed 1.3 per cent or S$0.005 lower at S$0.375 on Wednesday. |
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noslen
Veteran |
14-May-2026 10:32
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sold some, keep some... Singpost centre is still worth easily 50cts per share and cash - debt can still give out 10cts per share so the value of the company is still worth 60ct. Since they not selling SPC, then keep some to see if they will privatise. | ||||
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honesty
Master |
14-May-2026 09:30
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prefer the mgmt salaries/bonus shares cut 40% since poor results. for paya lebar airforce to move out will be easily another 5 years, shareholders cannot be waiting for so long when inflation is killing daily expenses  | ||||
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stockwatch8877
Senior |
14-May-2026 09:17
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Yes, cut loss. SingPost cannot grow and the shares price will go down further. Sell Sell Sell. Maybe there is no special dividend.
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WxWxWx
Member |
14-May-2026 08:56
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So far i read 4 things: With paya lebar airbase moving out, they predict they can do a AEI with higher floors (more offices) With sorting and mail center moving to tampines, they predict they can do a AEI with more retail spaces. Also predicted they can rent out other post offices to reduce post office losses. Install self service machines at these places instead.(transition to become landlord) Aim to save 10% cost (most likely is labour cost). 10% is about $18m a year. |
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shk363
Elite |
14-May-2026 08:47
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cut loss and move on | ||||
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BullsAndBear
Veteran |
14-May-2026 08:47
Yells: "I come at the turn of the tide " |
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The share price wouldn' t be at current levels if the market believe they are going to sell off SPC. The valuation of SPC is bigger than Singpost current market cap. | ||||
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noslen
Veteran |
14-May-2026 08:46
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Expected a higher special dividend with so much cash on hand but they are just so conservative in giving out. Not selling Singpost centre yet but does not mean they are not selling, I think they are just biding time. | ||||
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InvestNotTrade
Senior |
14-May-2026 08:03
Yells: "seekingprivatereturns.blog" |
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Expect share price to tank after management decision not to sell SPC. | ||||
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stockwatch8877
Senior |
14-May-2026 07:57
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A new trial launched in Oct 2025 allows residents to post mail directly from void decks in selected HDB estate, is this a good news? My friends said that you can return the Shopee items into SingPost mailbox. Today is 14th May, I hope there is a good news. The shares price has not been moving up. | ||||
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stockwatch8877
Senior |
13-May-2026 14:22
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Tomorrow is 14th May, I do not know whether is it a good or bad news. Shorties and the sellers have been selling the stocks. On Wednesday, the trading price is between 37.5 and 38 cents. No active movement, maybe SingPost has no good news and the sellers are keepi selling fever.
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noslen
Veteran |
13-May-2026 14:09
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Resistance turned to support but hope it's not fake support
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noslen
Veteran |
12-May-2026 09:15
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It's just my opinion and being bias since I am vested. I think the more they tried to push it down in the last couple of days, the more I feel something good is happening 😂 😂 | ||||
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stockwatch8877
Senior |
11-May-2026 20:49
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Correct, SingPost is a quiet and non active counter. Without the sellers and shorties, the counter is dead. As the day drawing near to 14th May, shorties and sellers must come in to create volume. Sell Sell Sell, from there you will see volumes. | ||||
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WxWxWx
Member |
11-May-2026 15:17
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Killing the short sellers is extremely profitable. Just the same as they are extremely profitable at this moment.   Short sellers lost nearly $20 billion on GameStop (GME) in January 2021 alone, according to data from S3 Partners. The massive losses were triggered by a short squeeze driven by retail investors, causing some funds, including Melvin Capital, to lose over 50% of their value. 
Key details:
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honesty
Master |
11-May-2026 15:01
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family offices would rather buy shophouses which pay no absd nor ssd when sold next few moments, captial appreciation is the objective due to low quantity abt 7k shophouses, sad the authority could have earned more money if there is absd and ssd so the foriegn ultra rich no longer buying private properties which need to pay 60% absd n must hold 4 years to avoid ssd. singpost shares dont make much, why f& b charging high food prices to mitigate the high rent, in case ppl dont know
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stockwatch8877
Senior |
11-May-2026 14:41
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Hope that they s coming meetings is a good news. I am waiting to see the results on 14th May.
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WxWxWx
Member |
11-May-2026 11:41
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Guys, imagine the price is $2 now. How would these short sellers be feeling? They would be bankrupted for sure if heavy weightage is placed in Singpost.  Share prices in the SGX are all so easy to push. Look at small and mid caps such ASTI, AEM, ACMA or big caps such as banks or property counters... all of them pushed as if using a samurai sword through a cold tofu. Even 2 year high resistance or last resistance all pushed through very easily. And what about the Equity Market Development Programme (EQDP)? $6.5b. When all holes are filled, this singpost hole will be filled too sooner or later. |
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WxWxWx
Member |
11-May-2026 11:12
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It is NOT difficult to push up the price. Just $50m needed to start the ball rolling( my own estimate). There are many family offices and individuals which such spare cash in Singapore. Not to mention that Singpost, Singtel or DBS can conduct sharebuyback. These entities are just lazy to make short sellers close shop. | ||||
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