Singapore Post

[Bluechipfan]

Why Ms Lina Chiam didn't ask questions when my iPhone's price, my laptop price, my hawker food price went up? She also know SingPost is listed in SGX and hence, it is a business entity and it is good enough that they have to seek permission in order to raise price unlike other business entities. Dismissed.

[r0n]

Why Ms Lina Chiam didn't ask questions when my iPhone's price, my laptop price, my hawker food price went up? She also know SingPost is listed in SGX and hence, it is a business entity and it is good enough that they have to seek permission in order to raise price unlike other business entities. Dismissed.

Because SingPost enjoys a monopoly in the Singapore postal market and is regulated by IDA? She, as an NMP, has the right to ask the relevant ministry and statutory board for their decision.

When you say that it is good enough that they have to seek permission, you need to understand that price increases in regulated industries require the statutory board's approval.

Unregulated industries do not need to seek approval for price increases. Hence, no questions asked.

[Bluechipfan]

Why Ms Lina Chiam didn't ask questions when my iPhone's price, my laptop price, my hawker food price went up? She also know SingPost is listed in SGX and hence, it is a business entity and it is good enough that they have to seek permission in order to raise price unlike other business entities. Dismissed.

Because SingPost enjoys a monopoly in the Singapore postal market and is regulated by IDA? She, as an NMP, has the right to ask the relevant ministry and statutory board for their decision.

When you say that it is good enough that they have to seek permission, you need to understand that price increases in regulated industries require the statutory board's approval.

Unregulated industries do not need to seek approval for price increases. Hence, no questions asked.

They have lost their monopoly status long time ago. But I can agree with the rest of your points. Call a spade a spade, scoring political point only in my view.

[greengiraffe]

http://infopub.sgx.com/FileOpen/ResultsP...eID=323150

2Q earnings literally flat...

E-log initiatives more than offset by pressure on traditional mail and rapidly rising business costs faced by businesses in Singapore.

I have already forewarn buddies on this Alibaba bubble on Sing Post... Alibaba is a scalable model but Sing-Post isn't...

Odd Lots Vested
GG

[Bluechipfan]

I am satisfied for the moment, despite enlarged shares base, the dividend rate remains the same at 1.25 cents. Using my average purchase price, the yearly dividends payout of 6.25 cents give me about 4.3% returns. If share price remains at this level, I won't be in a hurry to divest.

[greengiraffe]

http://www.valuebuddies.com/thread-5110-...#pid100029

Chinese customers find buying stuff online easy - but delivery is another story

[CityFarmer]

http://www.valuebuddies.com/thread-5110-...#pid100029

Chinese customers find buying stuff online easy - but delivery is another story

Yes, it is the toughest part of business model. SingPost is well-positioned to take over the task for big guys.

[greengiraffe]

http://www.valuebuddies.com/thread-5110-...#pid100029

Chinese customers find buying stuff online easy - but delivery is another story

Yes, it is the toughest part of business model. SingPost is well-positioned to take over the task for big guys.

If real business is so easy, the numbers would have shown up long ago... Sing Post has been on this e-log initiative for few years... apart from strong % growth from low base, it is still early days in terms of real delivery that will make up for the slow rot in traditional mail.

They have to make e-log happen but heavy capex in log centres, vehicles and the manpower that is needed will disappoint many watchers... SingPost may have tied up with BABA but SingPost is no BABA...

Odd Lots Vested
GG

[CityFarmer]

http://www.valuebuddies.com/thread-5110-...#pid100029

Chinese customers find buying stuff online easy - but delivery is another story

Yes, it is the toughest part of business model. SingPost is well-positioned to take over the task for big guys.

If real business is so easy, the numbers would have shown up long ago... Sing Post has been on this e-log initiative for few years... apart from strong % growth from low base, it is still early days in terms of real delivery that will make up for the slow rot in traditional mail.

They have to make e-log happen but heavy capex in log centres, vehicles and the manpower that is needed will disappoint many watchers... SingPost may have tied up with BABA but SingPost is no BABA...

Odd Lots Vested
GG

Well, e-log wasn't a key company business strategy before the new CEO, Dr Wolfgang Baier on board. He was on board as CEO, in late 2011. It takes time to build-up a logistic network, not for Singapore alone, but for Asia region. I have lost count how many logistic acquisitions by the CEO, during 2011-now.

Will BABA partner with SingPost, without the work done during the last few years? I really doubt so...

Having said so, I agree SingPost isn't BABA, but it is part of BABA story.

(not vested)

[specuvestor]

I agree with CF. Singpost don't have the shopfront. Their pathetic singpost shopping mailer is a disgrace. With Amazon shipping direct to Singapore, Vpost in US is virtually dead. Their strategy should be to partner with the retailers rather than try to partner with the consumer who are more interested in short term rather than long term value propositions.

But they can conceivably have a win-win deal with BABA for South East Asia delivery.