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TradeGlobal
Broker's Calls
SingPost still lost in the mail
SINGAPORE (May 15): UOB Kay Hian is keeping its “hold” recommendation on Singapore Post after the national postal service provider saw underlying net profit came in below expectations, falling 25% from a year ago.
May 15, 2017
Results
SingPost sinks into the red in 4Q after booking TradeGlobal impairment
SINGAPORE (May 12): Singapore Post sunk into 4Q losses of $65.2 million after booking $208.6 million in impairment charges.
May 12, 2017
SingPost could take one-off impairment charge on troubled TradeGlobal in 4Q: UOB
SINGAPORE (May 9): Singapore Post could take a one-off impairment charge on its TradeGlobal e-commerce logistics business, says UOB KayHian.
May 09, 2017
Broker's Calls
FY18 to remain a ‘year of transformation’ for SingPost
SINGAPORE (March 16): UOB Kay Hian is maintaining its “hold” recommendation on Singapore Post (SingPost) with a target price of $1.46 as FY17 draws to a close, on the notion that FY18 will remain a “year of transformation” for the group where elev
March 16, 2017
Singapore Budget
Outlook on Manulife US REIT remains positive after a ‘respectable’ quarter
SINGAPORE (Feb 13): Although Religare is still in the midst of reviewing its latest rating on Manulife US REIT, the research house says it remains upbeat on the REIT’s outlook given how its 4Q16 results exceeded forecasts as the US office market continu
February 13, 2017
Broker's Calls
Hold your horses on SingPost, advise brokerages
SINGAPORE (Feb 13): UOB Kay Hian, Maybank Kim Eng and OCBC Investment Research are unanimously maintaining their “hold” calls on Singapore Post (SingPost) after the provider of mail, logistics and eCommerce solutions on Friday posted a 27.9% fall in 3
February 13, 2017
Results
SingPost records 27.9% fall in 3Q earnings to $31.4 mil on US e-commerce operating losses
SINGAPORE (Feb 10): SingPost posted a 27.9% fall in 3Q earnings to $31.4 million from $43.5 million a year ago due to operating losses in the US e-commerce business, costs related to the new Regional eCommerce Logistics Hub, and a fall in domestic mail vo
February 11, 2017
Broker's Calls
All’s well in SingPost’s mending of corporate governance
SINGAPORE (Oct 11): Maybank Kim Eng is keeping its “buy” call on Singapore Post (SingPost) with an unchanged price target of $1.77.
October 11, 2016
Broker's Calls
Not all blue skies yet, but it’s back to ‘buy’ on SingPost
SINGAPORE (Oct 4): UOB Kay Hian is upgrading its “hold” call on Singapore Post (SingPost) to “buy”, as well as raising the stock’s target price to $1.77 from $1.53 previously.
October 04, 2016
Broker's Calls
SingPost ready to gain, now that pain is over
SINGAPORE (Sept 20): Maybank is switching its stance on Singapore Post (SingPost) from “sell” to “buy” with a higher target price of $1.77 from $1.29 previously to reflect lower new acquisition and execution risk, as well as upward revisions to th
September 20, 2016