Not vested In this counter. But according to my memory, it seems that singpost has been making losses on e-commerce for the past many Q. Not sure when they can start to see progress on profit
- dividend and that previous $500million investment based on " goodwill" .
US election around the corner, BBs will not be accumulating this in the short term.
Just be cautious that Ali may not like dividend, they may influence dividend policy. They would rather SP reinvest the money to grow.
Fundamentally SingPost is good and is undergoing transformation which will improve the bottom line going forward. Today drop is likely a overdone knee jerk reaction to the results announced. Businesses will have its ups and downs but more importantly we should always be forward looking in looking at what the company is doing to continue enhancing it's shareholders value.
Sorry for those vested, I hope this counter can drop to 1.2-1.3 asap in order for me to get onboard and collect dividends. So any shortlist targeting this one, please work harder yah...count on you all!!
Was comparing Singpost with M1:
                                                      M1                                  Singpost
Profit dropped        19.6%                    27.9%
Dividend                    remained                reduced by 0.5 c
Others                          4th Telco                Alibaba   
Price dropped   2.27 to 2.04      expected to drop 1.65 to 1.41
                                              (-14.5%)                        ( -14.5%)
 
 
😆 😆 😆 😆 😆 😆 😆 😆 😆 😆 😆 😆 😆 😆 😆 😆 😆
buysellbuysell ( Date: 06-Nov-2016 20:25) Posted:
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with dividends too ..... and it will scale up again if Alibaba makes another round of stake increases .....
suppose eCommerce is the way to go in the long run .....
seanpent ( Date: 07-Nov-2016 16:47) Posted:
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oic ..... got it  ..... thanks .....
ken777 ( Date: 07-Nov-2016 16:46) Posted:
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Foreign funds are throwing but good to collect if you can
seanpent ( Date: 07-Nov-2016 16:29) Posted:
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Besides results, why the fall ?
mrwise ( Date: 07-Nov-2016 15:11) Posted:
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Ouch. Down 7% today. How to see where the bottom is ?
May have more good news coming up!
Business should pick up during this period!
 
mrwise ( Date: 07-Nov-2016 14:48) Posted:
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Fundamentally the business is good...
Enough fall so far...
Long term investment is good for collection.
Trade w care..
mrwise ( Date: 07-Nov-2016 14:26) Posted:
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Don' t catch the falling knife.
Reversal up may be on the way!
Looks more stable now..
So Jack Wang said Jack Ma is migrating to Singapore, true or not?
NOL also can sell away... same thing may just happen to SingPost
You got ask lee family opinion first?
whaler ( Date: 07-Nov-2016 12:22) Posted:
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baba already 1 leg in.   fat water no give to other people land. sure they will benefits from the tie up.
now short is riding on the poor results, but that is already expected for a long time.
more like need to cover the gap up the other day. now looks like covered already.