SingPost    Last:0.315   -

SingPost

sub 30 soon

 

that' s one good reason that I believed it has to go.
The way I look at it, still don' t see a good reason to keep the building,
It does not make sense even if hight limit is raised, If you notice,
most MRT station in the inner part of SG are plan for residencial / commercial (shopping)
outer skirt like Jurong / tuas / changi / woodlands have plan for commercial / industrial.expansion.
Paya labar likely to hold more residencial which does not feed into SP plan.
I only see potential of higher revenue when mail / sorting shift to tampines and deadline is near
w/o a update, so what you think about the top management? are they meeting their job expectation?
Answer is the shortsell BB says " NO" , continue to short
vested, holding and unhappy with the management

tonytony      ( Date: 04-Jun-2026 13:53) Posted: I always thought it is a freehold property ? ssw518      ( Date: 29-May-2026 17:48) Posted: Ya SP building still have 50+ years to go, and having net profit of about 20m a year, 60 cents is still a win win for both buyer and share holders. Let see how the holders slap the ceo in next agm. make so many record but all negative. 1) share px historical low 2) shortsell position historical high (might be historical in sgx as well, 145m last week report) 3) div histical low over last decades got no objection if he insist to keep the building as cashcow but mailing must go, don' t tell me about AI improvement on efficiency, useless since he himself declare structure decline, using the hot word AI only makes him stupid,  you can increase 200% efficiency but by then only 200 mail a day ....got use meh? Don' t even know he is slapping himself, that' s the worst and need maket to slap him.... Hopefully T / S can see it and change him with someone better nothing wrong with Singpost financially but not the ceo. market had spoken hope he learn this lessen and provide something better during the agm. just my view, veste

 

 

I think 64% are with Institutional and retail investors, I am sure enough to make some noise.

finjungle      ( Date: 04-Jun-2026 17:18) Posted: Questions from individuals may be regarded as dogs howling in the wilderness. How I wish a group of investors with financial knowledge or those who could speak would raise all thee relevant and pertinent questions. Unity is strength BullsAndBear      ( Date: 04-Jun-2026 16:31) Posted: Expecting the board and management to come under scrutiny in their next AGM unless something drastically changes. Also not sure why their largest shareholder SingTel is like so passive.

 

Singpost is still in downtrend with short term MAs sloping down.  Trade with care.

 

Questions from individuals may be regarded as dogs howling in the wilderness. How I wish a group of investors with financial knowledge or those who could speak would raise all thee relevant and pertinent questions. Unity is strength

BullsAndBear      ( Date: 04-Jun-2026 16:31) Posted: Expecting the board and management to come under scrutiny in their next AGM unless something drastically changes. Also not sure why their largest shareholder SingTel is like so passive.

 

Just like Raffles Town Club its leasehold land is up for tender for redevelopment

tonytony      ( Date: 04-Jun-2026 13:53) Posted: I always thought it is a freehold property ? ssw518      ( Date: 29-May-2026 17:48) Posted: Ya SP building still have 50+ years to go, and having net profit of about 20m a year, 60 cents is still a win win for both buyer and share holders. Let see how the holders slap the ceo in next agm. make so many record but all negative. 1) share px historical low 2) shortsell position historical high (might be historical in sgx as well, 145m last week report) 3) div histical low over last decades got no objection if he insist to keep the building as cashcow but mailing must go, don' t tell me about AI improvement on efficiency, useless since he himself declare structure decline, using the hot word AI only makes him stupid,  you can increase 200% efficiency but by then only 200 mail a day ....got use meh? Don' t even know he is slapping himself, that' s the worst and need maket to slap him.... Hopefully T / S can see it and change him with someone better nothing wrong with Singpost financially but not the ceo. market had spoken hope he learn this lessen and provide something better during the agm. just my view, veste

 

Selling SPC and returning to shareholders as dividends only benefit the shareholders in the short term. Keeping and upgrading SPC allow the management to bide time and figure out what to do next or wait for further instructions from the bosses above.

Tob231      ( Date: 04-Jun-2026 16:42) Posted: if they are not selling SPC, what do you think they are doing ....

 

Well, jobs for the boys and girls.

noslen      ( Date: 04-Jun-2026 14:19) Posted: They have a CEO, CFO, COO, CIO, CLO and board of directors (8 members) for a company who now only depend on upgrading one building to sustain the revenue and profit. Whole year profit only 11m with 376m revenue, it's pathetic. alanchee      ( Date: 04-Jun-2026 13:33) Posted: Hope shareholders will grill the management as to how their new strategy can improve SH value. Since the new Chairlady and CEO came onboard, share price movement has been very disappointing,dropping by more than half, before ex special dividend last year. Now no SBB even there is a mandate, no special dividend or capital return/reduction.. Investors are clearly selling off, no buying interest from any institutional fund/investors. Personally, I am also not in favour of redevelopment of Singpost bldg even if the government grant approval on increase in building height, etc. The costs of redevelopment will be exorbitant - paying land betterment charges , high construction costs, etc etc. Cashpile will be wiped off and no income at all during the few period, say 3-4 years. Will attend the AGM if I am in town on that day. Hope more retail, minor shareholders and whoever is displeased with their performance or new strategy will vote NO to resolutions on re-election of directors and directors fees to show their unhappiness, even though we know it will be passed

 

if they are not selling SPC, what do you think they are doing ....
 

 

Expecting the board and management to come under scrutiny in their next AGM unless something drastically changes. Also not sure why their largest shareholder SingTel is like so passive. 

 

They have a CEO, CFO, COO, CIO, CLO and board of directors (8 members) for a company who now only depend on upgrading one building to sustain the revenue and profit. Whole year profit only 11m with 376m revenue, it's pathetic.

alanchee      ( Date: 04-Jun-2026 13:33) Posted: Hope shareholders will grill the management as to how their new strategy can improve SH value. Since the new Chairlady and CEO came onboard, share price movement has been very disappointing,dropping by more than half, before ex special dividend last year. Now no SBB even there is a mandate, no special dividend or capital return/reduction.. Investors are clearly selling off, no buying interest from any institutional fund/investors. Personally, I am also not in favour of redevelopment of Singpost bldg even if the government grant approval on increase in building height, etc. The costs of redevelopment will be exorbitant - paying land betterment charges , high construction costs, etc etc. Cashpile will be wiped off and no income at all during the few period, say 3-4 years. Will attend the AGM if I am in town on that day. Hope more retail, minor shareholders and whoever is displeased with their performance or new strategy will vote NO to resolutions on re-election of directors and directors fees to show their unhappiness, even though we know it will be passed ssw518      ( Date: 29-May-2026 17:48) Posted: Ya SP building still have 50+ years to go, and having net profit of about 20m a year, 60 cents is still a win win for both buyer and share holders. Let see how the holders slap the ceo in next agm. make so many record but all negative. 1) share px historical low 2) shortsell position historical high (might be historical in sgx as well, 145m last week report) 3) div histical low over last decades got no objection if he insist to keep the building as cashcow but mailing must go, don' t tell me about AI improvement on efficiency, useless since he himself declare structure decline, using the hot word AI only makes him stupid,  you can increase 200% efficiency but by then only 200 mail a day ....got use meh? Don' t even know he is slapping himself, that' s the worst and need maket to slap him.... Hopefully T / S can see it and change him with someone better nothing wrong with Singpost financially but not the ceo. market had spoken hope he learn this lessen and provide something better during the agm. just my view, veste

 

I always thought it is a freehold property ?

ssw518      ( Date: 29-May-2026 17:48) Posted: Ya SP building still have 50+ years to go, and having net profit of about 20m a year, 60 cents is still a win win for both buyer and share holders. Let see how the holders slap the ceo in next agm. make so many record but all negative. 1) share px historical low 2) shortsell position historical high (might be historical in sgx as well, 145m last week report) 3) div histical low over last decades got no objection if he insist to keep the building as cashcow but mailing must go, don' t tell me about AI improvement on efficiency, useless since he himself declare structure decline, using the hot word AI only makes him stupid,  you can increase 200% efficiency but by then only 200 mail a day ....got use meh? Don' t even know he is slapping himself, that' s the worst and need maket to slap him.... Hopefully T / S can see it and change him with someone better nothing wrong with Singpost financially but not the ceo. market had spoken hope he learn this lessen and provide something better during the agm. just my view, vested BullsAndBear      ( Date: 29-May-2026 14:22) Posted: Don?t even need 700m bro. With SP own cash position, the net cash outlay is only 200m+. But I think it would be really unfair for current shareholder. Even 15-20% discount to book value is like 60 cents at least.

 

Hope shareholders will grill the management as to how their new strategy can improve SH value. Since the new Chairlady and CEO came onboard, share price movement has been very disappointing,dropping by more than half, before ex special dividend last year. Now no SBB even there is a mandate, no special dividend or capital return/reduction.. Investors are clearly selling off, no buying interest from any institutional fund/investors. Personally, I am also not in favour of redevelopment of Singpost bldg even if the government grant approval on increase in building height, etc. The costs of redevelopment will be exorbitant - paying land betterment charges , high construction costs, etc etc. Cashpile will be wiped off and no income at all during the few period, say 3-4 years. Will attend the AGM if I am in town on that day. Hope more retail, minor shareholders and whoever is displeased with their performance or new strategy will vote NO to resolutions on re-election of directors and directors fees to show their unhappiness, even though we know it will be passed

ssw518      ( Date: 29-May-2026 17:48) Posted: Ya SP building still have 50+ years to go, and having net profit of about 20m a year, 60 cents is still a win win for both buyer and share holders. Let see how the holders slap the ceo in next agm. make so many record but all negative. 1) share px historical low 2) shortsell position historical high (might be historical in sgx as well, 145m last week report) 3) div histical low over last decades got no objection if he insist to keep the building as cashcow but mailing must go, don' t tell me about AI improvement on efficiency, useless since he himself declare structure decline, using the hot word AI only makes him stupid,  you can increase 200% efficiency but by then only 200 mail a day ....got use meh? Don' t even know he is slapping himself, that' s the worst and need maket to slap him.... Hopefully T / S can see it and change him with someone better nothing wrong with Singpost financially but not the ceo. market had spoken hope he learn this lessen and provide something better during the agm. just my view, vested BullsAndBear      ( Date: 29-May-2026 14:22) Posted: Don?t even need 700m bro. With SP own cash position, the net cash outlay is only 200m+. But I think it would be really unfair for current shareholder. Even 15-20% discount to book value is like 60 cents at least.

 

Upgrade SPC, pay salary and pretend to do well.

tonytony      ( Date: 04-Jun-2026 11:20) Posted: How do singpost do with the huge cash they have ?

 

How do singpost do with the huge cash they have ?

 

Share price can stay below book value for long time. There are so many examples.

 

They wouldn't even consider buying back their own shares, i don't think they will return to shareholders.

BullsAndBear      ( Date: 03-Jun-2026 11:53) Posted: Their huge cash position is distorting the financial matrix. They should just return the cash to shareholders or a capital reduction.  investshare      ( Date: 03-Jun-2026 09:06) Posted: Since already said not going to sell, the building is not so much relevant here. To support the share price, look at the profit. If annual profit only 20m, then current share price may not sustain.

 

With a credit rating of BBB-, I think they have no choice but to keep the cash for whatever they planned to do.

investshare      ( Date: 03-Jun-2026 12:11) Posted: Unfortunately only when companies are doing well like DBS which are confident will return capital. Otherwise the management would want to keep the money. Why? So that they can pay the bill down the road. Remember whether building or money, if you cannot control it, it may mean nothing. BullsAndBear      ( Date: 03-Jun-2026 11:53) Posted: Their huge cash position is distorting the financial matrix. They should just return the cash to shareholders or a capital reduction.

 

Unfortunately only when companies are doing well like DBS which are confident will return capital. Otherwise the management would want to keep the money. Why? So that they can pay the bill down the road. Remember whether building or money, if you cannot control it, it may mean nothing.

BullsAndBear      ( Date: 03-Jun-2026 11:53) Posted: Their huge cash position is distorting the financial matrix. They should just return the cash to shareholders or a capital reduction.  investshare      ( Date: 03-Jun-2026 09:06) Posted: Since already said not going to sell, the building is not so much relevant here. To support the share price, look at the profit. If annual profit only 20m, then current share price may not sustain.