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Broker's Calls
CGS-CIMB cuts SingPost target price despite 3Q earnings growth
SINGAPORE (Feb 4): CGS-CIMB Securities is maintaining its “hold” call on Singapore Post (SingPost) while lowering its target price to $1.03 from $1.12 previously, which now implies 19.7 times FY20F P/E.
February 04, 2019
In print this week
SingPost sets sights on regional e-commerce boom with new logistics hub
SINGAPORE (Nov 4): At Singapore Post’s brand-new e-commerce logistics hub, T-shirts, gadgets and cosmetics are stacked in some 18,000 blue boxes — called totes —at one corner of the warehouse floor.
November 04, 2016
Broker's Calls
Overhang on Singpost’s share price to be lifted with JV conclusion
SINGAPORE (Oct 28): CIMB Securities is upgrading its “hold” call to “add” on Singapore Post (Singpost) with a higher target price of $1.76 as UOB Kay Hian and Maybank Kim Eng are reiterating their “buy” calls on the stock, both with price targ
October 28, 2016