SingPost

Looks rather bearish from TA point of view!
It has broken down the support at $1.12 and also broken down the $1.10 psychological level.
Looks rather weak and we may see further selling down pressure.

The current price of $1.07 is trading below its SMA lines such as 20,50 , 100 & 200. Likely to see the price continue to head further South!


Short term wise, I think the price may slide down to retest $1.00 level.Breaking down of this level with high volume that may smell troubles and could see it prices continue to fall further towards 92 cents with extension to 79 cents.

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


NAV of 61 cents.
P/b of 1.76.
Trailing EPS of 5.2 cents.
PE of 20.5x.
Dividend of 3.5 cents.
Yield of 3.2%

I think decent yield of 3+%. But not as good as compare to SingTel that is yielding 5.6% at $3.13.


Singapore Post Limited, together with its subsidiaries, provides postal, ecommerce logistics, and retail services in Singapore, the United States, Australia, and internationally. The company operates through four segments: Postal, Logistics, eCommerce, and Property. 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 ecommerce 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 ecommerce solutions. The Property segment provides commercial property rental services. 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. In addition, it provides electronic platform and recyclable lockers for merchandise distribution, as well as customs brokerage and freight forwarding 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.