SingPost *Official* (SGX: S08)

Paul Lee

Supremacy Member
Joined
Jan 1, 2000
Messages
5,677
Reaction score
168
Don't bother chasing.. Wait for euphoria to subside, price to retrace before going in.

The new CEO is good :)

Its funny how things turn around. I remember that when Dr Wolfgang Baier was appointed as CEO in 2011, the market was skeptical about his ability, experience and his youth.

When Singpost made a host of acquisitions and seemingly heading nowhere, the market punished Singpost and its price was in the wilderness for the last few years.

How things turned around. :s13:
 

Mancunian2

Greater Supremacy Member
Joined
Jan 7, 2006
Messages
82,860
Reaction score
7,413
sold Singpost at $1 back then because I felt the fundamentals were deteriorating,

the markets have a funny way of proving me wrong :(
 

focus1974

Greater Supremacy Member
Joined
May 12, 2007
Messages
91,033
Reaction score
32,696
Good stock for me..
bought at $0.75.. sold at $1.2
bought back at $0.97.. now i think have to add somemore when it retraced back
 

SpinFire

Arch-Supremacy Member
Joined
Apr 9, 2001
Messages
24,190
Reaction score
2
Its funny how things turn around. I remember that when Dr Wolfgang Baier was appointed as CEO in 2011, the market was skeptical about his ability, experience and his youth.

When Singpost made a host of acquisitions and seemingly heading nowhere, the market punished Singpost and its price was in the wilderness for the last few years.

How things turned around. :s13:

Yeah. But his CV is good, now he's finally making actions.
 

athulican

Master Member
Joined
Mar 23, 2009
Messages
2,645
Reaction score
98
My son's 4 lot bought in 2009 @ 0.875. Been collecting dividends for him since, and now... :s12: :s12: :s12:
 

SpinFire

Arch-Supremacy Member
Joined
Apr 9, 2001
Messages
24,190
Reaction score
2
McKinsey right?

Yeah. I was skeptical about him at first too. But after reading that he was a Partner at McKinsey, my impression changed immediately. Perhaps his wide network is one on the reasons Alibaba even considered to invest in Singpost
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top