SingPost *Official* (SGX: S08)

[homedriver]

Time to let go with the current 1.2 price and buy back later?

 

[fbb005]

Glad to see the uptrend....vested 10 lots at $1.14 2 years ago......think I will sell away 5 lots.

divest in other REIT stocks.

Why sell? Singapost is very safe for parking cash..
Not much moving the price..

 

[Dividends Warrior]

Why sell? Singapost is very safe for parking cash..
Not much moving the price..

Divest into REITs is good.
7m population coming by 2030.
More people go shopping.

 

[Guojing88]

Time to let go with the current 1.2 price and buy back later?

I tried that for a few REITs in the early 2012 and we know what happen after that.

 

[homedriver]

Why sell? Singapost is very safe for parking cash..
Not much moving the price..

Since the price now high. Can sell and buy back when price down.

 

[Steyr69]

Why sell? Singapost is very safe for parking cash..
Not much moving the price..

It moves down fast in crisis but difficult to go up or takes very long.
To me, a weak stock.

Diversification is always the key.

Spread the risk out.

 

[Departure81]

It moves down fast in crisis but difficult to go up or takes very long.

You're kidding right? In a crisis, tell me, what doesn't move down fast?

 

[kenneth27]

Not sure if you can buy back cheap later

 

[simon_84]

sold off at 1.22, now rose to 1.225
the counter still got potential for upside ?
lots of reports write them off...charting shows otherwise.

 

[homedriver]

sold off at 1.22, now rose to 1.225
the counter still got potential for upside ?
lots of reports write them off...charting shows otherwise.

Ya, tempting to let go and take profit.....

 

[Paul Lee]

Those contemplating selling need to consider the opportunity cost of your decision.

Singpost has been consistently paying dividend since IPO and 6.25c for the last 6 FYs. That's a yield of 5.1% even at last close of $1.225.

So the qn to ask if not whether you are making a capital gain from your divestment but whether you can find a similar yield with your divestment. If you can, then go ahead. If you dun like the direction of the company or doubt if it can sustain the current dividend level, then you should also divest. If you can't, then it may be better to just stay put (vested)

 

[Setmax]

worst delivery company ever .

 

[The_Davis]

why is this stock moving up? general uptrend with the market?

don't really feel confident for singpost to diversify its business

 

[doody_]

Those contemplating selling need to consider the opportunity cost of your decision.

Singpost has been consistently paying dividend since IPO and 6.25c for the last 6 FYs. That's a yield of 5.1% even at last close of $1.225.

So the qn to ask if not whether you are making a capital gain from your divestment but whether you can find a similar yield with your divestment. If you can, then go ahead. If you dun like the direction of the company or doubt if it can sustain the current dividend level, then you should also divest. If you can't, then it may be better to just stay put (vested)

I'm in this for the expected consistent dividend. Since my CPF repayment for tuition loan hasn't started, I've been vesting the money from there into this counter. 5% yield is higher than CPF-OA!

 

[simon_84]

Ya, tempting to let go and take profit.....

need some cash for other counters so no choice, have to offload cause i bought at a high price of 1.18

 

[Wood4]

Why SingPost's profitability could weaken over the next 1-2 years

EBITDA margin to slump 30-33%.

According to Standard & Poor's credit analyst Wee Khim Loy, SingPost's profitability is likely to weaken due to the company's increasing focus on the logistics business and the decline in its domestic mail business.

The logistics business is more competitive and has lower margins than the mail business.

"We expect SingPost's EBITDA margin to weaken to about 30%-33% in the next 12-18 months from 37% in the fiscal year ended March 31, 2012. We estimate that the company's logistics, retail, and e-commerce businesses will contribute 43%-45% of annual revenue in the next 12-18 months, compared with 42% in fiscal 2012," Wee Khim Loy said.

Here's more:

In our base-case scenario, we expect SingPost to continue to focus on managing costs, which should partially offset the likely margin contraction.

We also expect SingPost's ratio of funds from operations (FFO) to adjusted debt to be at 50%-53% as of March 31, 2014, compared with 55% as of March 31, 2012. We adjusted debt with surplus cash. The projected ratio is within our range for a "modest" financial risk profile. The company's strong liquidity and excellent access to capital market also underpin its financial risk profile.

"We expect SingPost's revenue to grow 10%-13% to about S$650 million for fiscal 2013," said Ms. Loy. "Higher costs--particularly of labor, which forms a significant 40% of SingPost operating expenses--are likely to temper growth in operating profit."

The negative outlook reflects our expectation that SingPost's profitability and business risk profile could weaken over the next one to two years. The outlook also reflects uncertainty about the impact of the company's recent mergers and acquisitions on its credit profile. Any acquisition that entails further debt-raising could negatively affect our rating on SingPost.

 

[Paul Lee]

Singapore Post Ltd. Rating Lowered To 'A+' From 'AA-'; Outlook Negative

Overview
· SingPost's profitability is likely to weaken due the company's increasing shift toward the lower-margin logistics business, and a decline in its domestic mail business.
· We are lowering our long-term corporate credit rating and our issue rating on SingPost and its fixed-rate notes to 'A+' from 'AA-'. We are also lowering the rating on the Singapore-based postal and logistics services provider's perpetual securities to 'A' from 'A+'.
· At the same time, we are affirming our 'axAAA/axA-1+' ASEAN regional scale rating on SingPost, the 'axAAA' rating on the fixed-rate notes, and the 'axAA+' rating on the perpetual securities.
· The negative outlook reflects our expectation that SingPost's profitability and business risk profile could weaken over the next 12-24 months.

 

[existence]

SingPost dividends are in! Woo! Hoo!

S$62.50!

Should I keep or sell some?

 

[SpeedingBullet]

SingPost dividends are in! Woo! Hoo!

S$62.50!

Should I keep or sell some?

I sold all at $1.20. Not looking back unless their acquisitions can actually make a positive difference to their financial papers

 

[killer]

unless yield drops to 4.5% and below or another major player comes into the mail delivery business, don't think i will sell it. this is going to be part of my retirement portfolio.

please drop alot. i want to buy more