| Latest Forum Topics / SingPost Last:0.315 -- |
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SingPost
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noslen
Veteran |
15-May-2026 13:53
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Too much negativity and too easily manipulated, not my cup of tea anymore. | ||||
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stockwatch8877
Senior |
15-May-2026 12:19
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Beside concentrating on e-commerce logistics, I noticed that some logistics companies are doing by sending letters for companies. They sent the letters to Post Office and SingPost bulk mail. I suggest that SingPost can also do the same logistics jobs since SingPost has many delivery staffs and vehicles. | ||||
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Joelton
Supreme |
15-May-2026 11:16
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SingPost, Fullerton Health to collaborate on healthcare logistics, last-mile medical delivery This marks a step towards diversification into healthcare as a focus sector [SINGAPORE] Singapore Post (SingPost) and Fullerton Healthcare Group on Thursday (May 14) announced the signing of a memorandum of understanding for the co-development of a robust, integrated healthcare delivery ecosystem.  The collaboration aims to tap SingPost&rsquo s nationwide and community infrastructure &ndash specifically, its extensive logistics and warehousing capabilities &ndash and the clinical and pharmaceutical expertise of Fullerton Health to serve the healthcare community.  This includes plans to build innovative solutions for healthcare and medicine delivery in Singapore, said the group, adding that it has been developing end-to-end logistics solutions.  Mark Chong, CEO of SingPost, said: &ldquo We believe that our ability to deliver medicine to every household will support Fullerton Health&rsquo s ambition to extend its reach to customers islandwide.&rdquo   The move comes as Singapore is in acute need of a resilient medical supply chain as it becomes a super-aged society in 2026, where at least 21 per cent of the population is aged 65 or older, SingPost said.    The partnership also marks a step towards the diversification of its logistics portfolio, identifying healthcare as a focus sector alongside its established e-commerce operations.  SingPost noted that Singapore&rsquo s health strategies increasingly prioritise community-anchored care with a growing requirement for a resilient, medical-grade supply chain. &ldquo SingPost and Fullerton Health intend to evaluate how their combined capabilities can support the direction of national initiatives and facilitate more efficient medication fulfilment within residential neighbourhoods,&rdquo the group said.  The collaboration also helps Fullerton Health strengthen the downstream elements of its healthcare value chain.  Ho Kuen Loon, group CEO and executive director of Fullerton Health, said: &ldquo We look to strengthen the links in our healthcare value chain and enhance access to medical care across different community segments and all corners of Singapore.&rdquo   |
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Joelton
Supreme |
15-May-2026 11:15
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SingPost&rsquo s FY2026 earnings down 75.2% to $60.9 mil group to keep SingPost Centre Singapore Post Limited (SingPost) has reported earnings of $60.9 million for the FY2026 ended March 31, 75.2% lower y-o-y, as revenue and operating profit fell. Full-year revenue was down by 23.1% y-o-y to $376.1 million largely due to lower International revenue on the back of a volatile global macroeconomic environment and a continued decline in letter mail volumes. Reveue for SingPost&rsquo s logistics & letters segment fell by 28.3% y-o-y to $303.5 million as domestic and international revenue declined from lower volumes. Revenue from the post office network also fell by 11.3% y-o-y to $11.2 million due to lower revenue from agency services and partly mitigated by higher rental income from the group&rsquo s post office properties. The number of post offices as at end-March fell to 40, down from 43 a year ago. Revenue for property assets was the only bright spot, with a 2% y-o-y increase to $80.7 million, due to positive rental reversions. Operating profit fell by 68.9% y-o-y mainly from the lower International volumes. The group&rsquo s bottom line, however, was boosted by $19.2 million in exceptional items and the $38.1 million derecognition of aged trade payables. The exceptional items were mainly from large fair value gains on investment properties of $15.5 million, gain on disposal of subsidiaries of $4.6 million but offset by others such as the loss on disposal of property, plant and equipment and related expenses from mergers and acquisitions. The derecognition was due to international settlements to overseas postal administrators for international deliveries. According to SingPost, trade aged payables exceeding a seven-year threshold &mdash which is based on a six-year statutory limitation plus a one-year trade cycle &mdash are derecognised following an annual formal notification process to overseas postal administrators. As such, aged trade payables made before Jan 1, 2019, were derecognised in FY2025/FY2026. In its strategy update, the group says it will now keep SingPost Centre &mdash previously identified as a non-core asset and once considered for sale &mdash as it is a &ldquo crucial&rdquo part of the group&rsquo s portfolio and a &ldquo strategic asset&rdquo that generates steady income and cashflow with high occupancy. The group has identified other opportunities including diversifying beyond e-commerce to unlock new revenue streams under its logistics & letters segment. &ldquo Our results for the year reflect a consolidated baseline from which we will now strengthen and scale our business. Our strategy outlines our roadmap to navigate evolving market dynamics and drive long-term shareholder value,&rdquo say Mark Chong, CEO of SingPost. &ldquo By investing in technology and automation focusing on asset enhancement in our property portfolio and working towards financial sustainability in our business, we are fortifying the core of SingPost while expanding purposefully into new logistics services&rdquo . The group has recommended a final dividend of 0.06 cents per share for the year, along with a supplemental dividend of 0.41 cents per share from the derecognition of aged trade payables. As at March 31, cash and cash equivalents stood at $534.4 million. SingPost' s shares opened 0.5 cents lower or 1.33% down at 37 cents on May 14. |
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Joelton
Supreme |
15-May-2026 11:14
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SingPost ends 5.3% down after H2 earnings dive Counter finishes at S$0.355 as more than 26.1 million shares change hands [SINGAPORE] Shares of Singapore Post (SingPost) fell on Thursday (May 14) after the national postal service provider reported a sharp drop in net profit for its second half. The stock declined 4 per cent or S$0.015 to S$0.36 as at 9.54 am, with around 10.1 million shares changing hands. This was 43.3 per cent lower than its closing price of S$0.635 one year ago. It recovered somewhat to S$0.365 as at 10.05 am, still down by 2.7 per cent or S$0.01, with some 10.3 million shares transacted. The counter finished at S$0.355, down S$0.02 or 5.3 per cent, after more than 26.1 million shares changed hands. This follows SingPost&rsquo s H2 earnings results, released before the market opened, where net profit fell 81.5 per cent to S$41.2 million from S$222.5 million in the year-ago period. The decline came &ldquo as the operating environment for the logistics and letters business, particularly in international e-commerce delivery, remained challenging&rdquo , said the group. The post office network segment also logged declines but its property assets revenue remained &ldquo relatively steady&rdquo during the period, it added. Earnings per share (EPS) stood at S$0.0183, down from an EPS of S$0.0989 in the previous corresponding period. Revenue for the six months fell 18.2 per cent on the year to S$187.6 million from S$229.5 million. SingPost on Thursday also outlined a three-pillar reset strategy for sustainable growth that includes plans to retain its flagship SingPost Centre to tap the building&rsquo s upside potential. |
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BullsAndBear
Veteran |
15-May-2026 10:13
Yells: "I come at the turn of the tide " |
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The thing with SPC is, it is cheaper to take private the counter than offering to buyout SPC at current valuations. Base on the postage increase wef 1Jan, you can estimate the increase in revenue as SP does publish how much mail/parcel they process. I think their 1Q for mail segment will improve, possibly breakeven/slight profit.  | ||||
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WxWxWx
Member |
15-May-2026 09:35
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Please don' t exclude " unsolicited buyers" . Singpost struck TOTO for its australian business and they can strike again for Singpost building. Fact: Lightning often strikes the same place repeatedly, especially if it' s a tall, pointy, isolated object. Management believes that after AEI that building is worth much more. But how much more? They didnt clarify. With architect already appointed, i believe AEI completion wont be more than 1.5 years from now.  Based on 2026 market projections in Singapore, leasing a large 83,000 square foot (sq ft) retail space&mdash likely a " big box" or anchor tenant unit&mdash would cost approximately S$350,000 to over S$800,000 per month, depending heavily on location (prime vs. suburban) and specific building specs. That is extra $4.2m to $9.6m to shareholders. Extra income also improves building valuation. Management also urgently needs to make post office and mail/parcels profitable again. |
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luckyguy3
Master |
15-May-2026 09:14
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Everyone waiting for Singpost to sell Singpost centre to give special dividends, now dream is gone.. selling follows Singpost no more " sexy" stories already.. share price will be dead for a long time
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stockwatch8877
Senior |
15-May-2026 08:57
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Going on, what is the prospect for SingPost? Shorties and the sellers are still around to shoot down the price. Very dangerous. | ||||
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tonytony
Veteran |
15-May-2026 08:28
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Go reit with one not so big building ?
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Tob231
Elite |
14-May-2026 20:28
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what you are saying is the managment should execute base on market sentiment which is to sell SPC. maybe ... maybe there is something better that market has overlooked   |
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madboysg
Member |
14-May-2026 20:02
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I guess the new CEO & COO are going to convert SingPost into a Property Development Company or SingPost REIT soon. | ||||
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WxWxWx
Member |
14-May-2026 17:14
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Management thinks the building is worth much more but needs AEI to bring the value up. How much is much more? From $1.1b to $2.1b or $3.1b? (They should have clarified.)    Paragon mall could do a flip of $1b in a year. Singpost needs 5 years to do the same flip. Perhaps that is why it is bad news and being sold down today. If it is $2.1b or $3.1b (share price of $0.93 and $1.38 respectively) then yes, 5 years is worth it. |
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tongphlp
Supreme |
14-May-2026 13:49
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new blood brings in new ideas...old ideas dont work anymore in this AI era
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WxWxWx
Member |
14-May-2026 13:47
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The only one that will take 5 years is increasing the height of the office floors 1.5 month remaining - $30m upgrade of Regional eCommerce Logistics Hub  6.5 months remaining  - move sorting and parcels from singpost center to  Regional eCommerce Logistics Hub  6.5 months remaining  -  architect already appointed for retail AEI (design and get approval) 1-2 years remaining  (my own guess) - completion of retail AEI  |
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noslen
Veteran |
14-May-2026 13:46
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Weak strategies and not sure why they need a new CEO and COO to come up with this
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tongphlp
Supreme |
14-May-2026 13:12
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very bad...
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stockwatch8877
Senior |
14-May-2026 13:05
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No need to say, the news is bad. SingPost cannot grow up but go down. Stay away from this stock, 5 years is too long. Sell Sell Sell. Shorties and sellers are there to throw down the price.
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stlimst
Master |
14-May-2026 12:57
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With SPC off the table, I think it will got back down to 33...sigh. | ||||
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investshare
Supreme |
14-May-2026 12:18
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3 priorities mean no priorities | ||||
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