SingPost    Last:0.325   -

SingPost

waiting to buy back at $1.00.😆

destinykraze      ( Date: 13-Feb-2017 11:59) Posted: It will definitely break $1.4. The support is there for retailers to enter and act as cushion, just wait to enter for safe play. Need time for people to price in the potential impairment(Very likely, imho) pinkowl      ( Date: 13-Feb-2017 10:40) Posted: Some may be lurking to short it once price rebound a bit. Anyway, good luck to you

 

It will definitely break $1.4. The support is there for retailers to enter and act as cushion, just wait to enter for safe play.

Need time for people to price in the potential impairment(Very likely, imho)

pinkowl      ( Date: 13-Feb-2017 10:40) Posted: Some may be lurking to short it once price rebound a bit. Anyway, good luck to you. brchkho1      ( Date: 13-Feb-2017 10:31) Posted: There are buying interest as far as I can see from the transactions.

 

Some may be lurking to short it once price rebound a bit. Anyway, good luck to you.

brchkho1      ( Date: 13-Feb-2017 10:31) Posted: There are buying interest as far as I can see from the transactions. pinkowl      ( Date: 13-Feb-2017 10:14) Posted: What he said has some truth. Trade with caution.

 

Looks more like support to me. Not wise to short this, but it doesn' t warranty a buy at this price.

" Due to the poor performance of TradeGlobal, the Board of SingPost is of the view that there is a risk of significant impairment to TradeGlobal&rsquo s carrying value. The Board will also be Page 2 of 3 conducting a review of all the investments of SingPost. Impairments, if any, will be assessed based on the results of the full financial year ending 31 March 2017 and future plans for the businesses"

This will continue for weeks, unless there are more good news.

Imho, it' s very likely to see impairments, better to go in at better valued price.

brchkho1      ( Date: 13-Feb-2017 10:31) Posted: There are buying interest as far as I can see from the transactions. pinkowl      ( Date: 13-Feb-2017 10:14) Posted: What he said has some truth. Trade with caution.

 

There are buying interest as far as I can see from the transactions.

pinkowl      ( Date: 13-Feb-2017 10:14) Posted: What he said has some truth. Trade with caution. nea03177      ( Date: 12-Feb-2017 20:50) Posted: Wow! Make such a strong statement. Market haven't start. Don't be so sure. It's not gentleman to post such frightening statements. Have a heart for those who bought high.

 

What he said has some truth. Trade with caution.

nea03177      ( Date: 12-Feb-2017 20:50) Posted: Wow! Make such a strong statement. Market haven't start. Don't be so sure. It's not gentleman to post such frightening statements. Have a heart for those who bought high. shortyboy      ( Date: 12-Feb-2017 19:30) Posted: bloodshed counter tomo avoid buying this counter. sharp falling knives from opening till closing.

 

if you bought at 1.37 100 lots and sold it now, you would have made 4k in trading today. No point shouting here and there. Capitalise on the opportunity to make money. This is trading.

shortyboy      ( Date: 12-Feb-2017 19:30) Posted: bloodshed counter tomo avoid buying this counter. sharp falling knives from opening till closing.

 

0.005 Dividend from 0.015. For sure................

halleluyah      ( Date: 13-Feb-2017 09:09) Posted: If kena down grade will drop further...

 

Thanks for your call. I bought at 1.37..this morning. Just because you post negative sentiment

halleluyah      ( Date: 13-Feb-2017 09:09) Posted: If kena down grade will drop further...

 

If kena down grade will drop further...

 

An interesting counter to watch for weeks to come.

 

CIMB has a buy call. Hope their report is issued after the result was announced. Cannot check the time report was issued so have to wait for other brokerages comments on Monday.

brchkho1      ( Date: 12-Feb-2017 21:53) Posted: This guy is all ready to short this counter. nea03177      ( Date: 12-Feb-2017 20:50) Posted: Wow! Make such a strong statement. Market haven't start. Don't be so sure. It's not gentleman to post such frightening statements. Have a heart for those who bought high.

 

This guy is all ready to short this counter.

nea03177      ( Date: 12-Feb-2017 20:50) Posted: Wow! Make such a strong statement. Market haven't start. Don't be so sure. It's not gentleman to post such frightening statements. Have a heart for those who bought high. shortyboy      ( Date: 12-Feb-2017 19:30) Posted: bloodshed counter tomo avoid buying this counter. sharp falling knives from opening till closing.

 

Wow! Make such a strong statement. Market haven't start. Don't be so sure. It's not gentleman to post such frightening statements. Have a heart for those who bought high.

shortyboy      ( Date: 12-Feb-2017 19:30) Posted: bloodshed counter tomo avoid buying this counter. sharp falling knives from opening till closing.

 

bloodshed counter tomo avoid buying this counter. sharp falling knives from opening till closing.

 

Many Singpost shareholders are dividend-seeker. That's why they hold it till now. Now that that dividend is cut, let's see their reaction before setting price target.

Alpaca      ( Date: 12-Feb-2017 17:27) Posted: Singpost has noted that there is a significant risk of impairment of TradeGlobal' s value. Note that TradeGlobal alone accounted for $169 million of goodwill, which is an intangible asset. (http://www.straitstimes.com/business/companies-markets/value-of-singposts-tradeglobal-at-risk-of-impairment-due-to-poor) Don' t forget the goodwill paid for Couriers Please and Jagged Peak as well. Intangible assets totalled $604 million in the latest financial statement released on Friday. Core domestic and international mail business has been on the decline too. 9M FY16/17 EPS has fallen 31.3%, assuming share price falls correspondingly, I' d advise to buy only when around $1-$1.10

 

Singpost has noted that there is a significant risk of impairment of TradeGlobal' s value. Note that TradeGlobal alone accounted for $169 million of goodwill, which is an intangible asset. (http://www.straitstimes.com/business/companies-markets/value-of-singposts-tradeglobal-at-risk-of-impairment-due-to-poor)

Don' t forget the goodwill paid for Couriers Please and Jagged Peak as well. Intangible assets totalled $604 million in the latest financial statement released on Friday.

Core domestic and international mail business has been on the decline too.

9M FY16/17 EPS has fallen 31.3%, assuming share price falls correspondingly, I' d advise to buy only when around $1-$1.10

 

losses arising from tradeglobal were explained to be due to difficult situations margin pressures as well as a chapter 11 customer. 

in any case, i think cashflow wise singpost is still doing well. hope to scoop up some at $1.2x next week. 

 

This Giant which is injure and not die.

Its always depend on two side of view.

Some take this as opportunity to buy but some will like to dispose it off awaiting for another chance to buy back.

Which catergory of your investing pattern you are, You know yourself better.

investshare      ( Date: 12-Feb-2017 14:13) Posted: I have warned before that its earning is against the mega trend. But they are some investors who believe that it can transform into an eCommerce just by acquiring a few eCommerce companies. Whether it is bad judgement, bad luck, negligence, or scam, the fact that is clear now is that they overpaid.

 

I have warned before that its earning is against the mega trend. But they are some investors who believe that it can transform into an eCommerce just by acquiring a few eCommerce companies. Whether it is bad judgement, bad luck, negligence, or scam, the fact that is clear now is that they overpaid.