Category: SingPost

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Singpost @ $1.31

Sell @ $1.31

Selling my only profitable batch. Put into Q during lunch time break @ $1.30 and done at $1.31.

Latest quarterly results as per expectation of continued weakness in EPS (any improvement only from next Q when Rental Income kicks in for SPC).

Decided to sell as prices stayed strong. Perhaps mkt is buying ahead.

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SingPost @ $1.245

Buy @ $1.245

Average down my sky-high ones… SPC Retail will only contribute from Oct ie Sep Q will likely continue to see weak EPS… 😀

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SingPost @ $1.325

Sell @ $1.325

My only profitable lots, next ones $1.4x – $1.8x… Take profit first, in case mkt loses confidence again as new CEO does house-cleaning… 😀

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SingPost @ $1.275

Buy @ $1.275

Average down… Q4 results on 12-May was bad… Huge write-off due to TradeGlobal and Postea, potentially more skeletons falling from their closet… now seeking lawyer advice on the acquisition…

Yield 2.745% ; PE = 150… but using Underlying Net Profit, PE = 25… Dividend Policy is 60%-80% of Underlying Net Profit and FY17 = 3.5ct is 68.8%… Going forward, I think we ought to get used to this kind of dividend… at least till SPC is completed and starts to contribute in 2H… 😀

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SingPost @ $1.49

Sell @ $1.49

Contra off as due for payment… Was planning to hold for longer term, but see the sell Q so strong, decided to take profit first…  😀

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SingPost @ $1.49

Buy @ $1.49

Drop further… be prepared to hold for at least 6-12mths till SPC is up and running again… My Div Projection = 1ct for next 2 Qs, for a ttl of 4.5ct for FY17… Low Yield, Hi PE… more of a bet on SPC Rental Income… 😀

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SingPost @ $1.51

Buy @ $1.51

Finally seeing a drop after the EGM approval for new shares to Alibaba @ $1.74 was passed… Current negative is lower Div due to reduced EPS… which is mainly due to the loss of Rental income from SPC, which is undergoing major reburbishment… Other red flag is the loss-making eCommerce acquisitions… By 2H, we ought to be able to get a clearer picture… So, more of a bet on 2H… 😀