$SingPost(S08.SI)$ share price

$SingPost(S08.SI)$ share price is -11.81% within a single day after showing revenue declining for the second consecutive year and profit plunging 40.3%. Investors are selling off this stock. Technical analysis shows “Sell”! There will be blood for anyone trying to catch this falling knife. The firing of the senior executives definitely signals deep-rooted issues within the company. Thanks @Tiger_SG

DBS Buys 250K SingPost Shares! Can It Stage a Comeback?

DBS Bank purchased 250,000 shares of SingPost on September 16 for about $110,000, raising its stake to 0.062%. Following this move, Temasek’s combined deemed ownership via DBS Bank and Singtel now stands at 22%. While SingPost shares closed unchanged at S$0.43 on September 17, the stock edged up 1.16% to S$0.435 by 11:42 am on September 18. Temasek-linked holdings strengtheSand the stock showS a mild rebound. Could SingPost be positioning itself for a longer-term re-rating? After declines for two months, Can SingPost stage a comeback?

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TheIRLlabubu
05-16
TheIRLlabubu
is ok lalamove will step in n but it over n use it as distribution hub

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