| Latest Forum Topics / SingPost Last:0.315 -- |
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SingPost
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chengwh1
Elite |
04-Mar-2017 10:04
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In its latest report last three weeks, Singpost gave a warning that there will be impairment provisions soon because of some loss-making affiliates in the US,... or somewhere,... THings are difficult enough as it is,... now, there is warning abt impairment some more,... I' m running away,....
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ecekca
Elite |
03-Mar-2017 23:44
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have they finish impairment ? or just started  
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chengwh1
Elite |
03-Mar-2017 21:47
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Prb is after the sp dropped after the ann' t of impairments, can it rise again ? What is the floor before entering ? Will there be further bad news in future ? Don' t forget there is no more dividend payouts as cushions,..
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investshare
Supreme |
03-Mar-2017 21:44
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Got BUY recommend after recent dividend cut?
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destinykraze
Elite |
03-Mar-2017 21:42
Yells: "Reality is only a matter of perception" |
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A number brokers recommended people to buy singpost because it' s cheap now.  For what reason? The  Dividends is reduced to utter crap now, with impending impairments< - does not matter if they don' t declare. It' s a ticking time bomb/tumour. Better to excise it now than later. They have been dropping hints about impairments in EGM more than 1 year ago. Basically, it means that their goodwill investments are not paying off. That goodwill could amount  to around $500 million. Question is, we don' t know how much impairments there is to come. A lot of these issues occurred  when there was " governance issues" , it was sounded fishy when they spent close to $500 million on goodwill without having EGM before buying. My advice is to wait for them to drop the bomb, then enter.
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investshare
Supreme |
03-Mar-2017 20:55
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New CEO not in yet..
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chengwh1
Elite |
03-Mar-2017 20:53
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To add further,... Singpost has always  been an income counter. The dividend policy has always been favourable till the new CEO takes over. And he said starting from November last year, they will only payout 60% to 80% of earnings. But in the recent qtr reporting, they paid out LESS than 60%,............... what is this ???? |
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chengwh1
Elite |
03-Mar-2017 20:44
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Singpost is for dividends,... if dividends are not certain, then that' s it,... and coupling this with possible  impairments to be set aside for losses,... what else is there to hope for ?
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destinykraze
Elite |
03-Mar-2017 12:03
Yells: "Reality is only a matter of perception" |
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A lot of broker recommend people to buy singpost, because of their vested position. Hence the support we are seeing. If singpost decides to declare impairments, be prepared to see all hell break lose. |
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destinykraze
Elite |
03-Mar-2017 10:35
Yells: "Reality is only a matter of perception" |
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Just wait for them to declare impairment next quarter. If not, who wants to buy a ticking timed bomb. |
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pnuklis
Master |
03-Mar-2017 08:53
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This is gone case with poor management or mis-management.  |
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BetterStill
Veteran |
03-Mar-2017 08:43
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You sure? I hope to pick some at $1.37 these two weeks.
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brchkho1
Master |
02-Mar-2017 10:23
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Looks like this one is firming up at this level liao.
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leongyan
Master |
27-Feb-2017 18:44
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Those who loaded at 1.37 range in +ve range
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vivacious
Supreme |
27-Feb-2017 15:27
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breaching 1.40 soon |
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analysistar
Senior |
22-Feb-2017 18:01
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Will go back to $1.35 soon.   high risk of write down. low dividend. share price would only go up if alibaba increase stake, else, $1.2 to be. |
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vivacious
Supreme |
22-Feb-2017 17:57
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1.,40 coming |
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tangsookiam1947
Master |
19-Feb-2017 21:16
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how low can Sp go? below 1.30? |
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vivacious
Supreme |
16-Feb-2017 10:31
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jeeped! |
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investshare
Supreme |
16-Feb-2017 07:21
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Like a goodbye kiss?
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