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SingPost had been held up in the past as a business with a natural economic moat (e.g being the sole licensee under the Postal Act).
I am wondering how much that's worth. While they might have the only right to do so, this business is not getting better while parcel delivery is the one growing due to online shopping. In that space however, they have competitors like Yamato.
You can count on the greed of man for the next recession to happen.
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(25-06-2016, 06:16 PM)Bibi Wrote: (25-06-2016, 05:39 PM)LionFlyer Wrote: while parcel delivery is the one growing due to online shopping.
How many here actually use vpost more than once? if none, then can forget about that subsidary. Can only con people like me once.
Used uk Vpost recently. Not for Vpost USA and Vpost China. Too ex.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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14-07-2016, 08:47 PM
(This post was last modified: 14-07-2016, 08:52 PM by Art or Science.)
Winston Churchill:-
“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.”
"The farther backward you can look, the farther forward you are likely to see."
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there's an article in biz time today abt the consultancy report... kinda mess...
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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The value-add, is his large-scale e-commerce deployment experience, IMO. What a switch in career for Mr. Wolfgang Baier!
SingPost's ex-CEO Wolfgang Baier joins Luxasia as its group chief executive
17 Aug 2016 14:47
By Andrea Soh
SINGAPORE Post's (SingPost) former chief executive officer Wolfgang Baier has joined beauty company Luxasia Group.
In a press release on Wednesday, Luxasia said Dr Baier has been appointed as its group CEO with immediate effect, while founder-owner Patrick Chong will become chairman.
...
Source: Business Times Breaking News
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