| Latest Forum Topics / SingPost Last:0.315 -- |
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SingPost
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n3wbie
Elite |
11-Jun-2024 23:15
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They need to fix their core operating business with the postal service to arrest the decline and hopefully break even. The next thing is to increase the profitability of their international logistics business because currently it is not at scale to be meaningful and is deriving a substantial part of cash flow and profitability by being a landlord. If so, how are they in a position to divest SingPost Centre? Frankly, I' m not sure how strong they are in managing overseas operations if we reference their track record in the U.S. previously. | ||||
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eric998
Supreme |
11-Jun-2024 15:24
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No catalyst price won?t go up. | ||||
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Sparrow999
Senior |
11-Jun-2024 15:20
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Ali wouldn' t know any extra news more than us, they pulled out from SingPost to invest in better counters. What is good about Singpost now, is its restructuring and price is dirt cheap. As long as it doesn' t go bankrupt, SingPost will definitely grow over time. Not forgetting economic markets are entering another 10 years golden era now | ||||
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stlimst
Master |
10-Jun-2024 18:48
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That I think is very possible.
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MrBear12
Supreme |
10-Jun-2024 18:05
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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No it will not. But if the buyer was a weak one, he might sell at a lower price of 40 cents soon after buying. | ||||
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stlimst
Master |
10-Jun-2024 16:41
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Do you seriously think that a strong buyer will pull up the share price? This is SGX!
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shk363
Elite |
10-Jun-2024 16:17
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Steven cut loss. Now jack also cut loss losing millions. Sinkpost really. | ||||
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MrBear12
Supreme |
10-Jun-2024 10:02
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Yes, determine if strong buyer or not.
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stlimst
Master |
10-Jun-2024 09:55
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Does it matter who the buyer/s is/are?  
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Newcomer19707016
Veteran |
10-Jun-2024 09:05
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Unable to check who bought the Singpost shares sold by Alibaba? | ||||
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MrBear12
Supreme |
09-Jun-2024 16:26
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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We have a benchmark 46 cents. | ||||
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eddyeddy
Master |
09-Jun-2024 15:33
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If Alibaba sell the balance in open market , just can't imagine ! | ||||
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ysh2006
Supreme |
09-Jun-2024 15:25
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Jack Ma so rich he can just come out money to rescue don' t need to sell loss making shares....?
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guiren
Veteran |
08-Jun-2024 21:04
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Aibaba need cash badly like all SOE,, 
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Joelton
Supreme |
08-Jun-2024 09:20
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Alibaba trims SingPost stake via married deal at 46 cents each
 
Alibaba Group Holding, a substantial shareholder of Singapore Post S08 -1.03% , has cut its stake in the latter via a married deal to an unnamed party.
 
According to an SGX filing on June 7, the China-based internet giant sold 72.5 million shares earlier in the day for $33.3 million, or around 46 cents each. 
 
This works out to a slight discount to SingPost' s closing price of 49 cents on June 7.
 
This leaves Alibaba with a stake of 11.34%, down from 14.56% previously.
 
Alibaba first invested in SingPost back in 2014, paying $312.5 million for a 10% stake. It increased its holdings subsequently.
 
SingPost' s largest shareholder remains Singtel, which holds around 21%. 
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n3wbie
Elite |
08-Jun-2024 08:35
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Would be curious to see who bought the 3+% stake from Ali
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ysh2006
Supreme |
08-Jun-2024 08:31
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Than why SSH sold all their shares maybe they know some bad things coming to this shares eg right issue ?
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moneynoenough
Senior |
08-Jun-2024 03:08
Yells: "ikan bilis " |
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alibaba threw the towel.. seemed lost quite abit.. https://www.businesstimes.com.sg/international/alibaba-unit-dumps-s33-3-million-singpost-shares |
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Newcomer19707016
Veteran |
07-Jun-2024 09:26
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Disappointing Cha Cha counter | ||||
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Newcomer19707016
Veteran |
04-Jun-2024 19:43
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I thought there is rumour that Stephen Lim already sold away his singpost shares | ||||
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