SingPost *Official* (SGX: S08)

doody_

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I have a good yield on this and also expect dividend to maintain, so gonna continue to hold. If dividend drops then I will reassess...
 

Dividends Warrior

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As SingPost continues to transform to better meet its
customers’ changing demands, it remains committed to maintaining quality mail service.
To ensure that Singapore continues to enjoy good service, SingPost is investing about
S$45 million to upgrade its mail sorting infrastructure. All existing 26 sorting machines,
which have been in operation for more than 14 years, will be replaced with an integrated
sorting system comprising 16 various machines that can sort letters, packets and
publications.
:s12:
 

killer

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mail/parcel sorting machines have increase alot in efficiency over the pass many years ( look at fedex and ups machines). looks like they are expecting the delivery volume to increase alot in the future. i don't think the new machines are only twice faster than the ones they replaced

45mil for upgrading, looks like very cheap for what they are doing
 

simon_84

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regret having divest at 1.22, guess will load up again during the next xd.
 

killer

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Good luck. Last few times xd also didn't drop much and it just went back up in 2-3days. Have been waiting to add more since it xd last July. The way the market have been chasing yields, its probably the same.


Relac 1 corner and wait while continue to collect dividend. Just hope for no major good news to make it go higher. Very hard to justify if yield drops below 4%
 

harky

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today sell price is $1.23!~
 
Last edited:

bastogne

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XNAExC5.png
 

harky

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1.330 liao... after XD u guy think it drop back to how much ah
 
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