SingPost *Official* (SGX: S08)

[Perisher]

Singpost falling, maybe due to the recent results. Would be keeping watch to add on. Their diversification business is picking up.

 

[leonaheidern]

I bought at 1.67 and sold at 2.10 for 2000 shares.

Probably should have kept it instead unless the prices goes to 1.67 or below again, dividend payout was 3 times in the 8 month period I had it, 25 bucks for two times and a 12.90 the third time

Sent from Sony C6603 using GAGT

 

[chowck]

Noticed cd just come on.

Wonder when the xd date?

 

[Perisher]

I bought at 1.67 and sold at 2.10 for 2000 shares.

Probably should have kept it instead unless the prices goes to 1.67 or below again, dividend payout was 3 times in the 8 month period I had it, 25 bucks for two times and a 12.90 the third time

Sent from Sony C6603 using GAGT

I bought quite a bit at 1.2-1.3 level.

At that time, many people say this one is sunset industry, but I like the round number dividends, $12.50 and $25... haha. Funny reason but who cares?
Stable dividends and still ok industry. Glad they diversify into online market...
Along came Alibaba and all is history.

 

[Shion]

Noticed cd just come on.

Wonder when the xd date?

July 13

http://infopub.sgx.com/Apps?A=COW_C...284cc81dd8474b17641dc11e4a8d50ebf260974270629

 

[a1v1n_]

DJ OCBC Maintains 'Buy' on Singapore Post, Likes Investment Strategy -- Market Talk

0810 GMT [Dow Jones] OCBC reiterates its 'Buy' recommendation on Singapore Post (S08.SG) with a S$2.19 fair value estimate after the firm reports that its fiscal fourth quarter net profit halved, but primarily due to the absence of fair-value gains. OCBC notes that Singapore Post invested 224 million Singapore dollars ($167.8 million) in the last fiscal year to expand its regional network and new regional eCommerce logistics hub. "Looking ahead, it is likely that the group will continue to direct its cash pile to earnings-accretive acquisitions, along with investments in infrastructure," OCBC says. Singapore Post is down 1% at S$1.895 while the local benchmark FTSE Straits Times Index is up 0.4%. (gaurav.raghuvanshi@wsj.com)Â*

(END) Dow Jones Newswires

May 13, 2015 04:10 ET (08:10 GMT)

Sent from ME using GAGT

 

[cyl1987]

DJ OCBC Maintains 'Buy' on Singapore Post, Likes Investment Strategy -- Market Talk

0810 GMT [Dow Jones] OCBC reiterates its 'Buy' recommendation on Singapore Post (S08.SG) with a S$2.19 fair value estimate after the firm reports that its fiscal fourth quarter net profit halved, but primarily due to the absence of fair-value gains. OCBC notes that Singapore Post invested 224 million Singapore dollars ($167.8 million) in the last fiscal year to expand its regional network and new regional eCommerce logistics hub. "Looking ahead, it is likely that the group will continue to direct its cash pile to earnings-accretive acquisitions, along with investments in infrastructure," OCBC says. Singapore Post is down 1% at S$1.895 while the local benchmark FTSE Straits Times Index is up 0.4%. (gaurav.raghuvanshi@wsj.com)Â*

(END) Dow Jones Newswires

May 13, 2015 04:10 ET (08:10 GMT)

Sent from ME using GAGT

Seems legit.... Will monitor that...

 

[a1v1n_]

not singpost but since alibaba has 10.35 per cent stake in singpost.

Alibaba Boosts Its Stake in Online Retailer Zulily to 9.3%

Alibaba Group Holding Ltd., China’s biggest e-commerce company that held its initial public offering last year, bought $56.2 million of stock in U.S. online retailer Zulily Inc. this week, according to a regulatory filing.

The purchases brought Alibaba’s holdings of Seattle-based Zulily to 11.5 million shares, or a 9.3 percent stake, according to regulatory filings and data compiled by Bloomberg. Alibaba’s Zulily holdings were worth $152.9 million at Friday’s closing price of $13.30.

Alibaba Chairman Jack Ma has set a goal of getting 50 percent of sales from outside China as the nation’s economy is projected to grow at its slowest pace since 1990. Online commerce from China accounted for 80 percent of revenue in the March quarter, while international e-commerce sales were just 9 percent of the company’s total, Alibaba said.

“Alibaba continues to focus on making investments in forward-thinking, innovative entrepreneurs that are developing leading products and technologies,” Jennifer Kuperman, vice president of international corporate affairs at Alibaba, said in an e-mail. “The Zulily team has a compelling vision for the future that is consistent with our investment philosophy.”

Alibaba has announced at least $2.4 billion in investments in the past 12 months including a Chinese soccer team, a smartphone maker and a mobile application for hailing taxis. The company is trying to diversify while still tapping the more than 557 million Chinese who access the Internet from their smartphones and tablets.
Slumping Stock

Zulily, which sells clothing, home decor and related items, mostly to women, has seen its stock fall 82 percent since its all-time closing high of $72.75 on Feb. 27, 2014, after a November 2013 initial public offering. The stock dropped to a record low close of $10.82 on May 6 and then rebounded 23 percent in the following two days as Alibaba added to its stake.

At the end of March, Zulily had 5 million customers who had made at least one purchase in the previous year, up 35 percent from the previous year. More than half of all Zulily sales are on mobile devices.

Alibaba’s most recent Zulily share purchases were in five transactions from May 6 to May 8, at prices ranging from $10.75 to $12.26, according to the filing.

“We have great respect for the team at Alibaba and all that they have built,” Darrell Cavens, Zulily chief executive officer, said in an e-mailed statement.
Rising Revenue

Alibaba announced a 45 percent increase in revenue, according to a separate regulatory filing on May 7. The company also said Daniel Zhang will become its chief executive officer on May 10, replacing Jonathan Lu, who will remain on the board as vice chairman.

Alibaba’s shares have gained 28 percent after being sold at $68 apiece in a September IPO that raised a record $25 billion.

Amazon.com Inc. gets more than one-third of its e-commerce revenue internationally, and the company is trying to further expand its global reach with investments in India and China.

China and the U.S. are the world’s largest e-commerce markets. Global e-commerce spending will reach $1.6 trillion this year, with China and the U.S. combining for more than half of those sales, according to research firm EMarketer.

Alibaba’s Zulily stake was previously reported by the Wall Street Journal.

 

[a1v1n_]

eh noob here, what does this mean ah?

http://www.singpost.com/download/FinancialNews/Announcements/2015/ann20150513.pdf

 

[Perisher]

eh noob here, what does this mean ah?

http://www.singpost.com/download/FinancialNews/Announcements/2015/ann20150513.pdf

Means they are giving out shares to employees at a price.

A stock option grants the employee the right to purchase a certain number of shares of the company's stock at a predetermined price.
http://www.investopedia.com/terms/g/grant.asp

 

[a1v1n_]

Means they are giving out shares to employees at a price.

A stock option grants the employee the right to purchase a certain number of shares of the company's stock at a predetermined price.
http://www.investopedia.com/terms/g/grant.asp

ic. thanks bro!

 

[a1v1n_]

very much different thoughts with OCBC.

DJ No Alibaba Folk Tale Here, DBS Downgrades SingPost -- Market Talk
5/14/2015 3:32:00 AM

0332 GMT [Dow Jones] DBS Vickers Securities no longer thinks Singapore Post (S08.SG) is worth a 'Buy' and cuts its recommendation to 'Hold' with a lower target price of S$2.00 versus S$2.18 prior. It cites disappointment with the company's partnership with Alibaba Group Holding (BABA) for the downgrade. "Business flow from the Alibaba partnership has been slower than our expectations," DBS says in a note after Singapore Post reports fiscal fourth quarter and full year earnings that are slightly below the house expectations. DBS notes that Singapore Post's traditional postal business continued to see declining volumes and ongoing development costs led to the lower margins. Singapore Post is up 0.3% at S$1.90 while the local benchmark FTSE Straits Times Index is up 0.1%. (gaurav.raghuvanshi@wsj.com)

Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com

(END) Dow Jones Newswires

May 13, 2015 23:32 ET (03:32 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

Here is the source.

 

[a1v1n_]

dropping & dropping.
anyway, some news on from them.

Singapore’s Postal Service Reinvents Itself for the Digital Age

Spoiler

Singapore’s Postal Service Reinvents Itself for the Digital Age
By ALEXANDRA STEVENSON MAY 18, 2015

SINGAPORE — When a German lingerie brand wanted to sell bras online in Malaysia, it turned to Singapore’s nearly 200-year-old national postal service.

Singapore Post built a website, developed a marketing strategy and now delivers packages for the company, Triumph International. The customer service team even answers questions about sizing.

As postage stamps give way to keyboard clicks, SingPost is redefining the role of the letter carrier, by creating a one-stop shop for retailers’ e-commerce needs in Asia.

In South Korea, SingPost is helping to sell Levi’s jeans. In Singapore, it is stocking Toshiba laptops. In Malaysia, it is delivering Adidas sneakers.

With traditional mail services in decline, post offices around the world are scrambling to reinvent themselves for the digital age.

“Sitting on that burning platform, we looked around and said, ‘Where could we develop?’” said Wolfgang Baier, the chief executive of SingPost.

Alibaba’s headquarters in Hangzhou.Alibaba to Buy Stake in Singaporean Postal SystemMAY 28, 2014
Japan Post is buying the largest private package and freight delivery company in Australia, Toll Holdings, in a bid to create a rival to UPS and FedEx. The United States Postal Service, which lost $5.5 billion last year, is providing Sunday deliveries for Amazon. Australia Post is working with the Chinese Internet giant Alibaba to help local businesses connect with consumers in China.

“There are at least two business trends unfolding before us. One is the death of mail,” said Frank Lavin, chief executive of the e-commerce consultancy Export Now. “The second is this boom in e-commerce.”

SingPost’s makeover is among the most ambitious. Besides its regular postal duties, it offers a basket of services for companies, including website development, online marketing, customer service and, of course, package delivery. Following the Amazon model, it is building a network of 24 warehouses in 12 countries to stockpile goods for companies. The e-commerce team is staffed with former Silicon Valley executives.

Singapore’s central location, said Mr. Baier, makes it a natural hub for e-commerce in Asia. He recited numbers to demonstrate the scale of the opportunity: Over 600 million consumers live in the region around Singapore, and 2.2 billion people are within a five-hour flight.

“We want to be the gateway to the East,” he said.

The shift has been stark for the postal service, once a state-owned company that went public in 2003.

Four years ago, e-commerce barely figured into its bottom line. Today, it accounts for more than a quarter of the group’s revenues, which have grown by 60 percent during that same period.

Others are taking notice. Last year, Alibaba paid $250 million for a 10 percent stake in SingPost. Alibaba and SingPost are now in discussions to form a joint venture focused on e-commerce logistics in Southeast Asia.

SingPost began using the Internet as a laboratory in the early 2000s. It dabbled in various parts of the supply chain, first delivering goods from American shops to Singaporean homes. It then tried selling products on its own homegrown platform. It even dipped into the luxury goods market, starting a website called Clout Shoppe.

Then, two years ago, SingPost made its biggest digital push, creating SP eCommerce to tap into the Internet retail boom in Asia. Today, it counts nearly 1,000 companies as clients, including Philips, Uniqlo, Deckers and Muji.

SP eCommerce’s offices feel more start-up than mailroom. There is a Foosball table in one corner. Employees can play Ping-Pong. The group’s chief executive, Marcelo Wesseler, created his first e-commerce website in 1997 and worked in Silicon Valley before moving to Singapore. Other employees have come from technology stalwarts like Amazon and Hewlett-Packard.

The company also created a customer-care department. At its Singapore offices, 30 or so employees handle the phones, answering questions or addressing complaints. An additional 200 customer-service agents work elsewhere.

As part of the e-commerce expansion, SingPost upgraded its core delivery services. It has bolstered its network of warehouses and fulfillment centers, most of which are in Asia. The centers handle freight and customs clearance so goods can move faster through the region, where regulations differ from country to country.

In Singapore, SingPost has invested $182 million in building a high-tech warehouse that will merge logistics and sorting into one assembly line. Workers punch or scan an order on a screen, and robotic trays deliver products from shelves for them to pack and ship.

SingPost is pitching itself as a conduit to the Asian consumer, particularly in countries like Indonesia, Vietnam and Malaysia. With its swelling population of young and mobile consumers with newly disposable incomes, the region offers a rich seam of new opportunities.

Looking beyond its borders for growth, the Chinese smartphone maker Xiaomi last year opened a regional headquarters in Singapore, using it as a launching pad to move into Malaysia, the Philippines and Indonesia. Next, it is targeting Vietnam and Thailand. It teamed up with SingPost for support on logistics for e-commerce, which accounts for 80 percent of Xiaomi’s sales in Southeast Asia.

At its campus in Singapore, SingPost built a warehouse specially for Xiaomi, where orders from the first click to the final delivery are handled. Inside the 11,000-square-foot space, a smartphone battery is stuffed into a cardboard box, sent flying down a green conveyor belt and zipped off to the customer a few miles away. A video camera is perched above, controlled by someone who watches from Beijing.

“E-commerce is growing quickly across the region,” said Steve Vickers, Xiaomi’s general manager for Southeast Asia. “We are participating in that shift from retail stores to online stores.”

SingPost is helping the Chinese telecom company ZTE to offer its products regionally through a website that will go live in Malaysia in a few weeks. ZTE is trying to sell its own brand of smartphones directly to consumers in new markets like Malaysia, Indonesia and India.

Most countries in Southeast Asia are experiencing rapid change, said Herbert Chan, a regional manager at ZTE. “These countries have got huge populations and they’ve got the right customer base,” he added.

Triumph International had been eyeing Southeast Asia for years, waiting for online consumers to reach a critical mass. Then, last year, Triumph approached SingPost to get started.

“Using Singapore as a base, you can reach 680 million people in the region. That is practically half of China,” said Teo Doy, managing director of Triumph in Singapore.

Next, Triumph is planning to expand into Indonesia, once again with the help of SingPost.

“They have completely evolved,” Ms. Teo said. “I mean, who sends letters anymore?”

SingPost to trial personalised parcel locker delivery

Spoiler

SingPost to trial personalised parcel locker delivery
Monday, May 18th, 2015
Singapore Post has unveiled a new personalised version of its parcel locker delivery system, the POPStation.

The postal service said its prototype has no user interface at all physically, and is operated entirely by a smart phone or device via bluetooth.

The system is designed to be used at the home, with SingPost stating that it will be particularly suitable for small businesses and consumers.

The new system, called P-POPS (Personal POPStations) will be integrated within SingPost’s existing POPStation network, which allows consumers to pick up e-commerce parcels away from home.

Lim Ann Nee, Senior Vice President of Singapore Parcel at SingPost, said: “P-POPS will dovetail SingPost’s plans to transform how we serve our customers and strengthen our parcel delivery service in Singapore.”

P-POPS are being developed by SingPost’s existing parcel locker supplier, Australian firm TZ Limited, which also calls them OurPAD units.

TZ said the P-POPS are powered by three AA batteries, which will provide around 12 months of operating time.

Mark Bouris, TZ executive chairman, said the new innovation should “set another benchmark in expanding the boundaries of last mile parcel delivery”.

He said: “We are confident that this new product offering will become a significant part of our portfolio and the patented technology elements will filter into our other offerings. This is a world first for TZ and demonstrates our capability to deliver state-of-the-art technology that our customers and the market are demanding.”

POPStations

TZ has just received another order from SingPost for 25 more of its full POPStation units, which will take the total number supplied to Singapore’s postal service to 125.

On Saturday SingPost celebrated the installation of its 100th POPStation since first launching the network in April 2013. The company revealed that it plans ultimately to double the size of the network to 200 to meet customer demand.

Ann Nee said: “SingPost invested in the POPStation to further raise the level of convenience for customers, particularly with the growth of ecommerce items. It was very well-received as it has revolutionised parcel collection and delivery processes for both customers and service providers in Singapore.

“We were inundated with requests for more POPStations during the six-month pilot. We worked hard to roll out and within a short span of 1.5 years, increased the number of POPStations from five to 100, deploying one POPStation every four working days.

“We have also added new innovative features to enhance customer experience such as POPStation app, posting of parcels and payment service for online purchases. POPStation is popular with consumers. Parcel volumes to the POPStations have increased six-fold.”

Source: Post&Parcel/SingPost/TZ Ltd

 

[a1v1n_]

SingPost scores as first logistics partner of Alibaba Merchant Delivery Scheme

Spoiler

SingPost scores as first logistics partner of Alibaba Merchant Delivery Scheme
By Jacquelyn Cheok jaccheok@sph.com.sg @JacCheokBT

MAY 19, 201510:44 AM
SINGAPORE Post (SingPost) has emerged as the first logistics partner of the Alibaba Merchant Delivery Scheme launched on Tuesday by Alibaba.com (the global wholesale trade arm of Alibaba Group), set up to provide members with logistics solutions and consultation services in cooperation with logistic partners in various countries.

The partnership follows the signing of a memorandum of understanding between Alibaba Group and SingPost in May last year to explore cooperation in the area of international e-commerce logistics.

From Tuesday, Alibaba.com members registered in Singapore - including both Verified Members and Gold Suppliers - will enjoy a discount on SingPost's "Speedpost" services and International Mail services for delivering their products to overseas buyers.

Thai and Malaysian Alibaba.com members - including both Verified Members and Gold Suppliers - can obtain preferential rates when choosing the "Ezyparcel" services of SingPost.

Verified Members and Gold Suppliers are supplier members who have passed an authentication and verification process conducted by Alibaba.com or a third party.

To further enhance the logistics experience of Alibaba.com members, experts from SingPost will also provide them professional consultation on logistics, such as advice on warehousing options, said both partners in a statement.

"The growing penetration of e-commerce has made it easier for small businesses to conduct trade with buyers in overseas markets. However, logistics remains a challenge due to high costs and the complexity of moving goods across borders," said Eric Sin, senior manager of strategic partnership and global business development of Alibaba.com.

"We are excited to introduce the 'Alibaba Merchant Delivery Scheme' to better serve the logistics needs of our South-east Asian members. By leveraging the strong delivery networks of our partners in the region such as SingPost, we hope to offer our small business members a cost-effective and seamless logistic solution to lower their barrier to conducting international trade."

 

[athulican]

Singapore’s Postal Service Reinvents Itself for the Digital Age

http://www.nytimes.com/2015/05/19/business/international/singpost-reinvents-for-digital-age-of-ecommerce.html?_r=0

 

[a1v1n_]

Came across this on Facebook. Didn't know they hit 100 of these pop stations already. Really like the idea of popstation as it's more flexible.

Sent from ME using GAGT

 

[MikeL09]

Came across this on Facebook. Didn't know they hit 100 of these pop stations already. Really like the idea of popstation as it's more flexible.

Sent from ME using GAGT

They have these blue boxes at the 5 ft walkway outside Swensons Northpoint. Wonder if Singpost has to pay rental to FCT for using the space. Or just tumpang for free?lol

 

[[[ForeverAlone]]]

waiting for their glory day back to 2 when when when ??

 

[Panerex]

Why dropped below $2?

 

[stallony]

waiting for their glory day back to 2 when when when ??

More and more online shoppers means more and more income for logistics company like Singpost. Not too worried about it