SingPost *Official* (SGX: S08)

djchris

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Price-wise, why buy at a 52-week high?
Dividend-wise, why buy when the yield has fallen so much?
 

game goondu

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nao i thinking to buy a few more lots...
52 weeks high can always go higher still...
 

agentxq49

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Hard to say. Last time SPH 3.7 people say high now 4 people say low.

It's not always about the market-cap, but the profits and potential profits.

If singpost can suddenly increase their profits (profits, maybe through 100% increase revenue) by 100%, it's not unjustified to say they should hit $4.....

either way, make your own call, and see if it's because of singpost's profits that's driving the price... or just supply and demand due to BABA hype.

*from my post, i guess you can tell i'm a fundamental person :s22:
 

Sai777

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BABA juz crossed the $100 mark, so singpost is likely to have an upside tomorrow.

it is now in uncharted zone; nobody know how high it can go. For those believe in FA and anal-list write-up, $2.05 is the target price.
 

Dividends Warrior

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BABA juz crossed the $100 mark, so singpost is likely to have an upside tomorrow.

it is now in uncharted zone; nobody know how high it can go. For those believe in FA and anal-list write-up, $2.05 is the target price.

Singtel is the indirect beneficiary. :o

Singtel has a 23% stake in Singpost.
 
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SpinFire

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BABA juz crossed the $100 mark, so singpost is likely to have an upside tomorrow.

it is now in uncharted zone; nobody know how high it can go. For those believe in FA and anal-list write-up, $2.05 is the target price.

Very tempted to take profits, lol. TA wise, can use Fib levels to predict resistance zones
 

djchris

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Alibaba has a stake in Singpost and not the other way round. If Singpost does well, maybe Alibaba benefits. If Alibaba does well, Singpost does not benefit at all.
 

Sai777

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Very tempted to take profits, lol. TA wise, can use Fib levels to predict resistance zones

Even Fib level shows $2 as resistance zone. Anything above $2 is really uncharted.

It is in overbuy now.
 

eveee99

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Even Fib level shows $2 as resistance zone. Anything above $2 is really uncharted.

It is in overbuy now.

When is singpost reporting its quarterly result? Cant seem to find any info. Will wait to see if the results justify the increase in share price.
 

djchris

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My take is that the results won't justify the increase in share price. Now it's all speculative play at best. Yield has fallen to around 3% at current share price.
 

athulican

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After the Vicom experience, I learnt not to argue with the market. Keep calm and let it cheong.
 
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