Singapore Post

Update

SingPost to hire more postmen, redeploy drivers and increase PO staff after being fined $100,000 for not meeting quality standards

SINGAPORE (Feb 8): Singapore Post (SingPost) says it will be hiring a hundred more postmen and redeploying 35 mail-drop drivers to become full-time postmen as well as increase the number of dedicat

Broker's Calls

CGS-CIMB cuts SingPost target price despite 3Q earnings growth

SINGAPORE (Feb 4): CGS-CIMB Securities is maintaining its “hold” call on Singapore Post (SingPost) while lowering its target price to $1.03 from $1.12 previously, which now implies 19.7 times FY20F

Results

SingPost's 2Q earnings fall 9.5% to $28.5 mil on absence of one-off gain

SINGAPORE (Nov 14): Singapore Post saw its earnings fall 9.5% to $28.5 million in the 2Q ended September, down from $31.4 million a year ago.

SingPost chairman Simon Israel hospitalised; non-exec director Fang Ai Lian to chair AGM

SINGAPORE (July 20): Singapore Post chairman Simon Israel has been hospitalised, just hours before an annual general meeting (AGM) on Thursday.

SingPost gets an upgrade from OCBC

SINGAPORE (June 15): OCBC is upgrading Singapore Post to “hold” from “sell” with unchanged fair value estimate of $1.20 given the significant correction in its share price.

Broker's Calls

SingPost Centre win shows good progress of new recurring income stream

SINGAPORE (March 28): Lim & Tan Securities is maintaining its “buy” call for CapitaLand with $4.15 target price after the developer signed a third-party mall management contract with Singapore

Broker's Calls

Give SingPost time as it invests for the future, says OCBC

SINGAPORE (March 7): OCBC Investment is maintaining its “hold” call on Singapore Post (SingPost) with a lower fair value of $1.39 from $1.42 previously, while noting a lack of catalysts for re-rati

Broker's Calls

The search is over at SingPost, so what next?

SINGAPORE (Dec 30): UOB Kay Hian is maintaining its “hold” on Singapore Post with SOTP-based target price of $1.76 following the appointment of a new CEO.

Stocks To Watch

SingPost, Second Chance, Wee Hur, EcoWise, Mermaid

SINGAPORE (Dec 28): Here are some stocks that could move the market this Friday morning:

S&P cuts Singpost’s credit rating to BBB+

SINGAPORE (Nov 10): Standard & Poor’s Financial Services has lowered Singapore Post’s credit rating from “A-“ to “BBB+”, after noting that the group is more willing to have a higher, albeit sus

Be informed of the stories that matter