Singpost

Singpost - from TA point of view , it is still on a long term downtrend mode as being shown on the weekly chart patterns.

Short term wise, it is also on a bearish mode / loosing momentum and may likely go down to test $1.30. Breaking down of $1.30 level may go lower towards $1.28 then $1.25 level.

NAV of 61.8 cents.
Rolling EPS of 1 cent.
PE of 140 times.
Dividend of 2 cents.
Yield of  1.52%. Doesn't look attractive.

The company is still trying to turn around the business with the declining Postal mail services. E-commerce is still in the red.
The coming quarter announcement iithink  may see revenue increased boosted by their Singpost building rental revenue .

Not a call to buy or sell.
Please do your own due diligence.




Singpost : Singapore Post Limited provides postal, e-commerce logistics, and retail services in Singapore and internationally. The company operates through three segments: Postal, Logistics, and eCommerce. The Postal segment offers services for collecting, sorting, transporting, and distributing domestic and international mail, as well as sells philatelic products. Its international mail service includes handling of incoming and outgoing international mail. This segment also provides ePost hybrid mail services, which integrate electronic data communication with traditional mail; and agency services and financial services. The Logistics segment offers a range of logistics solutions, including freight, warehousing, domestic and international distribution, and delivery services. Its services include e-commerce logistics, warehousing, fulfilment and distribution, and other value-added services; and parcel delivery, freight forwarding, and self-storage solutions and management services. The eCommerce segment provides front-end e-commerce solutions. The company is also involved in the online sale of luxury products; provision of management and consultancy services to related entities, as well as business mail solutions and distribution of mail, and global sale and marketing services; and real estate activities. In addition, it provides electronic platform and recyclable lockers for merchandise distribution, as well as customs brokerage services; and acts as a trading company and purchases organization for ocean freight services. Further, the company is involved in the courier activities other than national post activities; and provision of freight collections transshipments, logistics management, and aviation services. Singapore Post Limited was founded in 1819 and is headquartered in Singapore.