bernardtayet
2024-12-30
Most tends to see Sing post as a mail or letter delivery organisation.  This is its origin as a postal service. Today it is not. It offers services to e-commerce and related services. A new CEO and a team of new management staff may be able to develop new strategies and vision to transform the business, like Starbucks and locally like Comfort Delgro from a taxi company to an international transport entity. Sing Post may be a global logistics players with a new management team.

I am optimistic about this organisation once a new CEO is hired to lead it with a new vision. Its share price will rise.

Just a personal perspective only.  I may be proven wrong.

SingPost Falls as Profit Down: Possible to Rebound as Before?
Singpost drops 12% after the earnings decline. Revenue and profit both declined yoy. SingPost made the news last year as five key executives have left Singapore Post amid a restructuring exercise at the company. -------------- Would you consider buying the dip or exit ASAP? Do earnings mean the failure of restructure?
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Comments

  • Hunter Brown
    2024-12-31
    Hunter Brown
    I think so too! In fact, SingPost has already started rebounding recently. The dismissals were likely the worst news already.
    • bernardtayet
      Thank you for similar perspective. The share prices had gone up further today. It was reported to pay special dividends once non core assets are disposed off.
  • Tanakaken
    2024-12-31
    Tanakaken
    But isn't selling off the Oz freight handling biz contrary to the aspired new biz directions you mentioned?
  • Tanakaken
    2024-12-31
    Tanakaken
    The only new biz strategy that has been hinted at is that it intends to be asset light!
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