SingPost    Last:0.315   -

SingPost

... and i would rather  yield drops  due to  price increases. 

john_ric      ( Date: 14-May-2017 13:57) Posted: as it is now, it is price drops and divi / yield drops,     bro.   investshare      ( Date: 14-May-2017 13:54) Posted: Yield will increase when share price drop

 

as it is now, it is price drops and divi / yield drops,     bro.

 

investshare      ( Date: 14-May-2017 13:54) Posted: Yield will increase when share price drop. john_ric      ( Date: 14-May-2017 13:47) Posted: dividend $5 per qtr or 20 per year per 1000 shares. based on share price of $1.3x. ​ yied is only 20/1300= 1.x %. a far cry from years ago. ​ another retirement stock no more! sob sob sob

 

Yield will increase when share price drop.

john_ric      ( Date: 14-May-2017 13:47) Posted: dividend $5 per qtr or 20 per year per 1000 shares. based on share price of $1.3x. ​ yied is only 20/1300= 1.x %. a far cry from years ago. ​ another retirement stock no more! sob sob sob

 

dividend $5 per qtr or 20 per year per 1000 shares. based on share price of $1.3x.
​ yied is only 20/1300= 1.x %. a far cry from years ago.

​ another retirement stock no more!
sob sob sob

 

After clearing up the mess, it should be better in futrure,

 

Haiz....all jack ma fault. I got kena trapped in hk market by jack ma element counters as well...Just wonder Singapore gov will let him take full in charge of Singpost or not...

 

If MAS as usual refuses to do anything, not much hope.

 

if negligence is determined on the part of the previous CEO and past directors, anyhope of recovering monies from them ?

sgng123      ( Date: 14-May-2017 10:07) Posted: Don bother to explain so much, he might not get it. Make it simple, previous ceo run off knowing he screw up big time leaving sg directors to clean shit. Problem is we don know how big the shit is, best course of action is stay clear or join in the shorting. Simple and easy, get out before more shit is revealed.

 

Don bother to explain so much, he might not get it. Make it simple, previous ceo run off knowing he screw up big time leaving sg directors to clean shit. Problem is we don know how big the shit is, best course of action is stay clear or join in the shorting. Simple and easy, get out before more shit is revealed.

 

Let me elaborate, if you buy a machine for $1m, depreciate over 10 years, so depreciation cost is $100k a year. So this is your fix cost. Now if you write it off, you take a one time pain, but your depreciation cost disappears. In other word you have lower cost structure now.

But the case here is goodwill. Goodwill does not contribute to fix cost as it does not depreciate. So even if you write it off your cost structure remain no change. If SP cannot make money before write off, likely it can't too after the write off.

investshare      ( Date: 13-May-2017 11:04) Posted: Since the amount paid is mainly goodwill, the write off will not lower the operating cost of TG. It may continue to loss money. investshare      ( Date: 12-May-2017 23:09) Posted: Acquired at $236m, and more than $200m is goodwill??? TradeGlobal was acquired by SingPost in Oct 2015 for $236 million. ?At risk of impairment will be goodwill ($176 million) and customer relationships ($43 million) at TG,? says UOB,

 

In short don touch this one for this year

 

Since the amount paid is mainly goodwill, the write off will not lower the operating cost of TG. It may continue to loss money.

investshare      ( Date: 12-May-2017 23:09) Posted: Acquired at $236m, and more than $200m is goodwill??? TradeGlobal was acquired by SingPost in Oct 2015 for $236 million. ?At risk of impairment will be goodwill ($176 million) and customer relationships ($43 million) at TG,? says UOB,

 

The loss is even bigger had they not increase the mall value. The write off is for a biz that proven loss money. But the gain is based on something not shown profit yet, again based on hope.

Stocky901      ( Date: 13-May-2017 09:58) Posted: Net loss $65M in one quarter is no joke. Someone in mgt must step down. What a f..

 

Just stay clear from this till next quarter result, might be another noble in play. Monday most likely bloodbath by short seller and investor as dividend get cut.

 

Net loss $65M in one quarter is no joke. Someone in mgt must step down. What a f..

 

Don't worry so much. This price oredi in Hollan liao. Good luck.

 

now that the bad investment is fully provided.  hopefully they can getback some money from this lemon. or at least success in turing it into lemonade. getting better on this.

return to positive cash flow and it is now net cash of 2.6m . wonder what the rating agency will said?

my view . results shows that good management is paramount.

monday may see price down as bear will act first. then recover as the sell down dries up. my wishful thinking only. dyodd

 

maybe the previous CEO was contributed to the present problems.   If you scrutinise the past years annual reports, you will notice that the balance sheets started weakening 2 years after SingPost IPO and that most of the (problematic and questionable) investments were made under the watch of the last CEO.  

junction      ( Date: 13-May-2017 09:20) Posted: You have a point.   The outgoing board was rubbish.   Wonder why they kept them so long and whether there were any pullback of their bonuses.   Didnt hear of any punitive measures from regulators unlike other companies., When singpost was under the former ceo, they were making lots of money which attracted Alibaba to invest a stake in Singpost but he resigned for no publicly known reasons.   He probably could not tolerate the shenanigans. destinykraze      ( Date: 13-May-2017 08:42) Posted: Full impairment is pretty much expected. If they didn' t declare. it would have a long-lasting negative impact. The problem is the ongoing corporate governance issue and the potential write-downs that come with it. There are better dividend/valued stocks out there, Singpost is just a waste of time if it' s not cheap.

 

You have a point.   The outgoing board was rubbish.   Wonder why they kept them so long and whether there were any pullback of their bonuses.   Didnt hear of any punitive measures from regulators unlike other companies., When singpost was under the former ceo, they were making lots of money which attracted Alibaba to invest a stake in Singpost but he resigned for no publicly known reasons.   He probably could not tolerate the shenanigans.

destinykraze      ( Date: 13-May-2017 08:42) Posted: Full impairment is pretty much expected. If they didn' t declare. it would have a long-lasting negative impact. The problem is the ongoing corporate governance issue and the potential write-downs that come with it. There are better dividend/valued stocks out there, Singpost is just a waste of time if it' s not cheap.  Luffingcow      ( Date: 13-May-2017 05:30) Posted: Believe this is the worst ever quarter for singpost... sayonara..

 

No worries. This is to be expected. With new ceo coming in, he has every interest to clean up the company and let the share price drop as low as possible before he comes in. All the better for his share options and his performance record. U can expect he will work hard to push back up the shares once he's in.

THE BEST TIME TO BUY IS NOW! Mark my words!