SingPost *Official* (SGX: S08)

[doody_]

Unlikely for stocks to surge for no reason... suspect they releasing some news soon and it's just insider trading again...

 

[linxiaobei]

Maybe it's due to this?

SingPost has invested over S$100m to meet rise in e-commerce | TODAYonline

As Ms Susan Meehan mentioned in “Regulator should step in if SingPost is falling short” (Jan 16), global e-commerce is set to grow exponentially.

In anticipation of the growth in e-commerce packages, SingPost has been investing more than S$100 million in infrastructure and service, despite the declining domestic mail volumes.

SingPost spent S$45 million to replace sorting machines to handle the higher volume of packages, while increasing mail sorting accuracy and efficiency.

We are also replacing our fleet with three-wheelers that have bigger capacity to carry packages, better balance and are safer for our postmen. Last year, we introduced Saturday deliveries for packages to cater specially for the growing online shopping demographic.

Recently, we launched SmartPac Lite, a sturdy pre-paid envelope for packages lighter than a kilogramme, for the convenience of e-commerce customers.

In April 2013, SingPost rolled out Singapore’s first automated parcel stations, giving customers 24-7 access to parcel collection. Today, we have nearly 90 POPStations located conveniently and will install more to cater to the demand.

During the recent festive period, we deployed about 25 per cent more postmen to perform the Saturday deliveries and 30 more temporary staff to expedite mail processing. These exclude additional manpower at post offices and courier operations.

The Registered Article service is a sign-for service; postmen are required to make doorstep delivery and issue delivery advice for any unsuccessful attempt.

Our investigations showed that the postman serving Ms Meehan’s area was unable to access her unit when he went for delivery, as the intercom was not working.

That same day, he delivered a registered item successfully at an adjacent block.

In Mr Zheng Yong Kang’s and Mr Yeo Shuan Chee’s cases, the postmen failed to adhere to standard operating procedures. (“Revert to issuing notice for undelivered registered mail”, Jan 15; “Is SingPost carrying out all its deliveries?”, Jan 14, online)

We have since reprimanded them and will monitor their performance closely. We apologise for the inconvenience caused.

Errors are inevitable in a service industry, including in a Six Sigma-driven operations such as SingPost, which delivers three million mail items per day.

Still, we will continue to seek ways to minimise human errors. We have been strengthening infrastructure and operations to ensure that SingPost maintains one of the world’s highest postal delivery standards.

As the recipient of the Service Provider of the Year 2014 award by Postal Technology International, and the only firm globally to have won the EMS Cooperative Performance Award by the Universal Postal Union annually since 2001, SingPost remains committed to the highest level of delivery service.

 

[Perisher]

Unlikely for stocks to surge for no reason... suspect they releasing some news soon and it's just insider trading again...

Well, the surge is about the same as comfortdelgro, cmt(even higher surge)... actually the whole market surge. Doubt there is any big news.

 

[Shion]

And I believe the momentum could be short-lived. Wait and see what happens to Eurozone 1st.

 

[ViLLaRox]

Another surge now

 

[Shion]

Heavily overvalued in my opinion

 

[athulican]

When the money is coming from QE, it's like that one. The effect may even last longer. I think punters could be thinking, since the QE money will come in later to buy, we might as well buy it up now. Then later can unload to the QE fund. Well ... who am i to speculate on the speculators?

 

[kakashixx]

Bought at 1.88. Should i take profit now?? No idea where else to put the money into haha

 

[[[ForeverAlone]]]

Bought at 1.88. Should i take profit now?? No idea where else to put the money into haha

their dividend coming if i not wrong Feb

 

[John.D Rockefeller]

WDF $2.11???????

 

[daylight]

its was 1.97-1.98 last thursday only !!!!!!!

 

[xtwis7]

Just bought small amt on Thursday.

 

[Shion]

Bought at 1.88. Should i take profit now?? No idea where else to put the money into haha

Wait for the dividends, then decide your next step

 

[Perisher]

Come come, I share story with you all, I bought at 1.25 a few lots nia...

 

[doody_]

Guess this one is gone for now... waiting for future opportunities. No regrets at taking profit when it spiked after the Alibaba announcement

If they increase dividend, it would be much better...

 

[MikeL09]

Guess this one is gone for now... waiting for future opportunities. No regrets at taking profit when it spiked after the Alibaba announcement

If they increase dividend, it would be much better...

When is Singpost's q4 results announcement? Should be this week?

 

[swgj86]

Come come, I share story with you all, I bought at 1.25 a few lots nia...

also bought at 1.25, but sold off at 1.32 more than a year ago. );

biggest regret ever!

 

[Departure81]

Come come, I share story with you all, I bought at 1.25 a few lots nia...

Lol I bought at 90 cents leh. But sold off at 1.24. That time Singpost trading between range of 1 and 1.25 thought sell at a high already. Who can predict will shoot up above 2 dollars..

 

[Perisher]

Lol I bought at 90 cents leh. But sold off at 1.24. That time Singpost trading between range of 1 and 1.25 thought sell at a high already. Who can predict will shoot up above 2 dollars..

Haha, to think the main reason I bought and hold is because I like the round figures for dividends, every 2 lot is $25, $50 dividends... that's why I didn't sell at any high, not even now...

 

[simon_84]

also bought at 1.25, but sold off at 1.32 more than a year ago. );

i bought 1.18 in feb 2013, sold at 1.22