|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||1.06 - 1.08|
|52-week range||1.05 - 1.47|
|PE ratio (TTM)||24.88|
|Earnings date||12 Nov 2018 - 16 Nov 2018|
|Forward dividend & yield||0.04 (3.18%)|
|1y target est||1.37|
We take a closer look at the performance of Singapore Post Limited's (SGX: S08) logistic business for its latest quarter.
Since Singapore Post Limited (SGX:S08) released its earnings in March 2018, it seems that analyst forecasts are fairly optimistic, with earnings expected to grow by 17.43% in the upcoming yearRead More...
Singapore Post Limited’s (SGX:S08) announced its latest earnings update in March 2018, which showed that the business experienced a significant tailwind, more than doubling its earnings from the prior year.Read More...
Delivery volumes in SP Parcels, Couriers Please, and Famous Holdings increased. Despite price pressures, Singapore Post's (SingPost) logistics segment posted operating profit of $4.9m in Q3, reversing ...
Customers are migrating towards electronic statements and bills. Singapore Post's (SingPost) domestic mail revenue is seen to fall by 5-8% per annum over 2018 to 2020 due to continued migration towards electronic statements and bills, whilst international mail grows 15-37% per annum over the same period. According to CIMB Research, the firm has been hiking its international settlement rates, which international carriers pay to land mail in the country, since the beginning of 2010.
Singapore Post’s (SingPost) struggles for its logistics segment in 2017 are expected to continue in 2018, OCBC Investment Research said. OCBC cited the operating loss from Quantium Solutions Hong Kong, which caused operating losses of $4.2m. Another SingPost subsidiary, TradeGlobal, which was acquired earlier, posted an operating loss in February 2017 as it had not achieved the underlying profit assumptions of the business plan which supported the investment.