I have avoided this stock, not confident in its mgt.
In the first half (1H), Singapore Post returned to the black with a net profit of S$11.5 million, compared to a net loss of S$9.9 million the previous year. However, the recovery was short-lived — the second half (2H) recorded a net loss of S$0.5 million. The company’s profitability has been unstable over the past two years.
How do you view SingPost earnings and 12% drop?
Can this renewed focus help SingPost return to stable profitability?
Does the firing of executives signal deep-rooted issues within the company?
Is Bottom-Fishing now meaning catching a falling knife?
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