SingPost    Last:0.31    -0.005

Singpost

omg, 560 also no profits taking?

 

Can we see the good ole days of $1+?...hehe

 

Funds might be buying into Singpost for their special dividend if they were to sell their Singpost buildings or divest their Australian businesses. Just my guess only.

 

Queue 56 hope some pullback

 

Missed the opportunity maybe needs to readjust again

wehuattogether88      ( Date: 17-Oct-2024 13:15) Posted: Think now 55.5 still can get easywin      ( Date: 17-Oct-2024 13:11) Posted: Queue 545 cannot get now shifted to 55 maybe got chance

 

Yeah !
Yummy

superstartup      ( Date: 09-Oct-2024 13:41) Posted: Singpost acquired stakes in Australia FMH on 5 occasions (completions in 2020 thru 2023) Total 100% stake, paid a total of SGD $410m per announcements via SGX (tabulated) Singpost 31 Mar 2024 Total Equity SGD 1,421m Investment properties (almost all in Singapore) SGD $1,002m News Report by AFR BofA found a Bidder for FMH "   BofA has snagged a big-name bidder for SingPost&rsquo s Aus assets The portfolio, which is referred to as FMH Group, is expected to be worth as much as $1 billion, sources said. Oct 7, 2024 Sarah Thompson, Kanika Sood and Emma Rapaport " Just sharing Please perform your own DD

 

Think now 55.5 still can get

easywin      ( Date: 17-Oct-2024 13:11) Posted: Queue 545 cannot get now shifted to 55 maybe got chance

 

Queue 545 cannot get now shifted to 55 maybe got chance

 

I guess it should be there.

wehuattogether88      ( Date: 17-Oct-2024 11:40) Posted: Will Singpost cross over to above 60 cents before their 1H results announcement on 6 Nov? Let us watch.

 

Will Singpost cross over to above 60 cents before their 1H results announcement on 6 Nov? Let us watch.

 

Important date to note os 6 nov. we will see if singpost is worthwhile

Mark001      ( Date: 14-Oct-2024 09:11) Posted: seek your answer. Mark001      ( Date: 11-Oct-2024 16:55) Posted: SingPost 1H result(1 Apr~30 Sep 2024):    6 Nov 2024 before opening of trading.   Review result for Aus, business: ?

 

I think there is still a room for rise.

Do what you believe in.

What others say can be true or false.
 

governor      ( Date: 16-Oct-2024 17:11) Posted: Wolf Money(SingPost sold) https://lonewolfinvestor.blogspot.com/2024/10/wolf-moneysingpost-sold.html

 

Wolf Money(SingPost sold)

https://lonewolfinvestor.blogspot.com/2024/10/wolf-moneysingpost-sold.html

 

Lim & Tan Securities
SINGAPORE POST
INITIATION - BUY
TARGET PRICE - $0.64
16 OCT 2024

Singapore Post is a deep value stock that trades at historical 1.0x PB and with a RNAV of S$1.4bln that outshadows its current S$1.2bln market cap. We think the various upcoming catalysts will rerate the stock upwards towards that RNAV valuation: 1) Sale of non-core property segment including SingPost centre to unlock potentially S$1bln, 2) IPO/Partial Sale of Australian Logistics that values the segment at S$1.2bln, 3) Integration/ scaling of their Australian business with the acquisition of Border Express to make it the top 5 logistics player in Australia and 4) Successful negotiations with IMDA to make P&P segment more structurally viable.

SingPost is now a regional logistics firm having managed to transition out of the sunset mailing business, and the imminent catalysts post strategic review will not render Singapore Post a value trap. We initiate a BUY on SingPost with a SOTP-based target price of S$0.64. We value the Post & Parcel (P&P) and Logistics segment at 3.0x and 7.6x FY25 EV/EBITDA respectively with the latter being discounted 20% to peers average. We value the property segment by taking a 10% discount to the latest stated valuation of SingPost Centre at S$1.1bln, along with the other non-core property assets SingPost has. We then give a further 20% discount to our SOTP model to be cautious and arrive at a fair value of S$0.64.

 

Breakout  from a bullish flag/ high tight flag consolidation! Next tgt = 58c!

 

Hope Singpost can meet the analysts' expectation.
Look for 1H result on 6 Nov 2024.

Dow Jones10-14 11:16

0315 GMT - Singapore Post looks set to remain profitable in its fiscal 1H, UOB Kay Hian analyst Llelleythan Tan Yi Rong writes in a note. The postal services provider' s Singapore delivery business reported a profit in 1Q as e-commerce volumes rose, offsetting the continuing decline in letter mail and printed paper volumes, Tan says. For 2Q, the company' s Singapore business likely grew on year, thanks to the postal delivery business benefiting from the postal price hike in recent quarters, the analyst says. UOB Kay Hian expects the Singapore business' s 1H operating profit to be around S$7 million. The brokerage maintains the stock' s buy rating and target price of S$0.61. Shares are last at S$0.53. ([email protected])

 

Today' s rise is due to the upcoming release og good news.

Just my guess.

 

seek your answer.

Mark001      ( Date: 11-Oct-2024 16:55) Posted: SingPost 1H result(1 Apr~30 Sep 2024):    6 Nov 2024 before opening of trading.   Review result for Aus, business: ?

 

SingPost
1H result(1 Apr~30 Sep 2024):    6 Nov 2024 before opening of trading.
  Review result for Aus, business: ?