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Well scripted like from chatGPT
n3wbie ( Date: 19-Mar-2024 08:30) Posted:
SingPost completes strategic review to reorganise business units and adopt new payout scheme
SINGAPORE Post (SingPost) has completed its strategic review, less than a year after it was initiated in May 2023.
On Tuesday (May 19), the group announced that its board has approved five growth drivers or &ldquo strategic thrusts&rdquo to be executed over the next three years, including the adoption of a new payout scheme.
Firstly, the group will be reorganised into three business units: Singapore, Australia and International. Such a revised corporate structure &ldquo creates flexibility and facilities future optionalities&rdquo , it said.
&ldquo Each business unit will have the agility and empowerment to operate in their own markets, to develop market leadership and build on their core capabilities according to their individual strategies. This provides clarity on the valuation of the individual businesses against comparable market and sector ratings.&rdquo
Next, the group targets for each of these business units to generate a spread above the cost of capital.
To do so, it has identified a list of its non-core assets and businesses &ndash including selected properties and various international assets &ndash which may be monetised for capital recycling.
SingPost will also endeavour to pay out 30 to 50 per cent of its underlying net profit from FY2024 to FY2025. It said the board views such a policy as &ldquo balanced&rdquo in view of the group&rsquo s capital requirements and delivering &ldquo sustainable returns&rdquo to shareholders.
The other three &ldquo strategic thrusts&rdquo identified by the group comprise transforming urban logistics and deliveries in Singapore, achieving scale in Australia, and leveraging its asset-light model and fourth-party logistics platform to serve cross-border customers.
Group chief executive Vincent Phang said the company will focus on executing these new growth drivers to &ldquo create market leadership, orientate to growth and generate shareholder value&rdquo .
Shares of closed flat at S$0.38 on Monday.
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NATO - No action Talk only
n3wbie ( Date: 19-Mar-2024 08:30) Posted:
SingPost completes strategic review to reorganise business units and adopt new payout scheme
SINGAPORE Post (SingPost) has completed its strategic review, less than a year after it was initiated in May 2023.
On Tuesday (May 19), the group announced that its board has approved five growth drivers or &ldquo strategic thrusts&rdquo to be executed over the next three years, including the adoption of a new payout scheme.
Firstly, the group will be reorganised into three business units: Singapore, Australia and International. Such a revised corporate structure &ldquo creates flexibility and facilities future optionalities&rdquo , it said.
&ldquo Each business unit will have the agility and empowerment to operate in their own markets, to develop market leadership and build on their core capabilities according to their individual strategies. This provides clarity on the valuation of the individual businesses against comparable market and sector ratings.&rdquo
Next, the group targets for each of these business units to generate a spread above the cost of capital.
To do so, it has identified a list of its non-core assets and businesses &ndash including selected properties and various international assets &ndash which may be monetised for capital recycling.
SingPost will also endeavour to pay out 30 to 50 per cent of its underlying net profit from FY2024 to FY2025. It said the board views such a policy as &ldquo balanced&rdquo in view of the group&rsquo s capital requirements and delivering &ldquo sustainable returns&rdquo to shareholders.
The other three &ldquo strategic thrusts&rdquo identified by the group comprise transforming urban logistics and deliveries in Singapore, achieving scale in Australia, and leveraging its asset-light model and fourth-party logistics platform to serve cross-border customers.
Group chief executive Vincent Phang said the company will focus on executing these new growth drivers to &ldquo create market leadership, orientate to growth and generate shareholder value&rdquo .
Shares of closed flat at S$0.38 on Monday.
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SingPost completes strategic review to reorganise business units and adopt new payout scheme
SINGAPORE Post (SingPost) has completed its strategic review, less than a year after it was
initiated in May 2023.
On Tuesday (May 19), the group announced that its board has approved five growth drivers or &ldquo strategic thrusts&rdquo to be executed over the next three years, including the adoption of a new payout scheme.
Firstly, the group will be reorganised into three business units: Singapore, Australia and International. Such a revised corporate structure &ldquo creates flexibility and facilities future optionalities&rdquo , it said.
&ldquo Each business unit will have the agility and empowerment to operate in their own markets, to develop market leadership and build on their core capabilities according to their individual strategies. This provides clarity on the valuation of the individual businesses against comparable market and sector ratings.&rdquo
Next, the group targets for each of these business units to generate a spread above the cost of capital.
To do so, it has identified a list of its non-core assets and businesses &ndash including selected properties and various international assets &ndash which may be monetised for capital recycling.
SingPost will also endeavour to pay out 30 to 50 per cent of its underlying net profit from FY2024 to FY2025. It said the board views such a policy as &ldquo balanced&rdquo in view of the group&rsquo s capital requirements and delivering &ldquo sustainable returns&rdquo to shareholders.
The other three &ldquo strategic thrusts&rdquo identified by the group comprise transforming urban logistics and deliveries in Singapore, achieving scale in Australia, and leveraging its asset-light model and fourth-party logistics platform to serve cross-border customers.
Group chief executive Vincent Phang said the company will focus on executing these new growth drivers to &ldquo create market leadership, orientate to growth and generate shareholder value&rdquo .
Shares of closed flat at S$0.38 on Monday.
Singapore does not have the equivalent of sleepy joe biden using the printing press to give unemployed millennials free handouts with which to go to the moon on Robinhood.
simpleguy123 ( Date: 14-Mar-2024 06:55) Posted:
LOL Bro Steven thought he was Roaring Kitty and that SingPost was GME...tried to be Singapore Squeezer, but kenna sold off his HDB and now living with parents.
halleluyah ( Date: 13-Mar-2024 14:20) Posted:
| wow huge loss out of 300k...now steven lim ko ko & his partner got to eat at coffee shop instead of daily at haidilao & dingtaifung....haiz, wat a joker all into a rotten stock... |
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Price have to drop due to entries of many delivery companies and due to cost-cutting switching to electronic pdfs by many companies.
Even the new delivery companies ( such as Ninja ) are losing money so maybe when some of them exits, then profit would become better.
vicloo ( Date: 14-Mar-2024 06:46) Posted:
It was 2 dollars 10 years ago
tt_lau ( Date: 13-Mar-2024 19:31) Posted:
Saw in 1 of the post he sold all at 38 cents. He had bought at 65 cents 2 years ago , from about $300k of his flat sale proceeds.
Lesson learnt: not to put all eggs in 1 basket |
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LOL Bro Steven thought he was Roaring Kitty and that SingPost was GME...tried to be Singapore Squeezer, but kenna sold off his HDB and now living with parents.
halleluyah ( Date: 13-Mar-2024 14:20) Posted:
wow huge loss out of 300k...now steven lim ko ko & his partner got to eat at coffee shop instead of daily at haidilao & dingtaifung....haiz, wat a joker all into a rotten stock...
desmondxyz ( Date: 13-Mar-2024 13:13) Posted:
| must be steven lim....he posted he just exited all singpost with 120k loss... |
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It was 2 dollars 10 years ago
tt_lau ( Date: 13-Mar-2024 19:31) Posted:
Saw in 1 of the post he sold all at 38 cents. He had bought at 65 cents 2 years ago , from about $300k of his flat sale proceeds.
Lesson learnt: not to put all eggs in 1 basket.
desmondxyz ( Date: 13-Mar-2024 13:13) Posted:
| must be steven lim....he posted he just exited all singpost with 120k loss... |
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to da Moon... Bikini Bottom Doji.
vivacious ( Date: 13-Mar-2024 12:55) Posted:
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That' s the second lesson. The first lesson is invest in companies with good prospects at an attractive price.
Saw in 1 of the post he sold all at 38 cents. He had bought at 65 cents 2 years ago , from about $300k of his flat sale proceeds.
Lesson learnt: not to put all eggs in 1 basket.
desmondxyz ( Date: 13-Mar-2024 13:13) Posted:
must be steven lim....he posted he just exited all singpost with 120k loss....
moonsun ( Date: 13-Mar-2024 11:59) Posted:
Heard there a long term influencer investor ? invest all in singpost.. hope he is ok..
Not sure if he exit.. |
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I' d thought that the strategic review should complete by end of this month - would be key to see how that unfolds
Crazy that people invest sizable amounts of their wealth this way. Alamak.
wow huge loss out of 300k...now steven lim ko ko & his partner got to eat at coffee shop instead of daily at haidilao & dingtaifung....haiz, wat a joker all into a rotten stock...
desmondxyz ( Date: 13-Mar-2024 13:13) Posted:
must be steven lim....he posted he just exited all singpost with 120k loss....
moonsun ( Date: 13-Mar-2024 11:59) Posted:
Heard there a long term influencer investor ? invest all in singpost.. hope he is ok..
Not sure if he exit.. |
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Ya, tempting bargain price
vivacious ( Date: 13-Mar-2024 12:55) Posted:
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must be steven lim....he posted he just exited all singpost with 120k loss....
moonsun ( Date: 13-Mar-2024 11:59) Posted:
Heard there a long term influencer investor ? invest all in singpost.. hope he is ok..
Not sure if he exit.. |
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bottom?
Heard there a long term influencer investor ? invest all in singpost.. hope he is ok..
Not sure if he exit..
Singpost is likely on a long term dying course unless they change their business model moving to a logistic company like Lalamove, Qxpress etc... Honestly I wont bet my money on Singpost, not even as a dividends share counter.
alvinwong1012 ( Date: 13-Mar-2024 10:40) Posted:
| OMG. All time low of $0.37..will it go lower to $0.30 ?
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OMG. All time low of $0.37..will it go lower to $0.30 ?
Company should show some support buying back their shares from open market and CEO should cut pay by 50%
