Singapore Post
10-02-2016, 09:48 AM
A response to recent concerns from media.
(not vested) --------------- SingPost appoints Drew and Napier as joint special auditor http://www.theedgemarkets.com/sg/article...al-auditor
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
10-02-2016, 10:56 AM
(10-02-2016, 09:48 AM)CityFarmer Wrote: A response to recent concerns from media. Hmmmmmmmm Drew and Napier the law firm or is there another Drew & Napier that's an audit firm?
07-04-2016, 04:49 PM
Interesting. Is the seat too "hot"?
 SingPost shares fall as chairman designate says no to top job SINGAPORE (April 7): Shares in Singapore Post have fallen as much as 4.3% to $1.56 on Thursday. The stock’s steepest decline in about a month coincides with news that its chairman designate Low Teck Seng has changed his mind about taking the job, citing time constraints. SingPost says the board has accepted Low's decision. ... http://www.theedgemarkets.com/sg/article...no-top-job
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
07-04-2016, 06:11 PM
(This post was last modified: 07-04-2016, 09:19 PM by CityFarmer.)
Sounds ridiculous that a senior position is proposed, accepted and rejected all in a week. This is afterall not a class monitor position.My guess, most likely someone more powerful like temasek objected the appointment.
(07-04-2016, 04:49 PM)CityFarmer Wrote: Interesting. Is the seat too "hot"?
08-04-2016, 10:42 AM
Tribal council style of decision making.
If he's so busy the other side and there is more important, why is he even a board member here then? 
08-04-2016, 01:28 PM
Good lah, gives singpost a chance maybe get pushed back down to $1 range can buy in
In the short term, business fundamentals will not be much different no matter who gets the job.
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
08-04-2016, 02:40 PM
(07-04-2016, 06:11 PM)sg550319 Wrote: Sounds ridiculous that a senior position is proposed, accepted and rejected all in a week. This is afterall not a class monitor position.My guess, most likely someone more powerful like temasek objected the appointment. I think we all can agree that "time constraints" is definitely not the real reason. We wont know the real reason, probably some power grab going on in the board
08-04-2016, 05:43 PM
http://www.bloomberg.com/gadfly/articles...ling-value
An interesting article on Bloomberg on Singapore boards with a specific focus on Sing Post. Let us see whether this nudges the board in the right direction
Disclaimer :-
I am not an investment professional. I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong. Nothing written here is an invitation to buy or sell any particular stock. At most, I am handing out an educated guess as to what the markets may do. The market will always find a new way to make a fool out of me (and maybe, even you!). Even the best strategies of the past fail, sometimes spectacularly, when you least expect it. I am not immune to that, so please understand that any past success of mine will probably be followed by failures
09-04-2016, 07:50 PM
recent news are all negative for sing post
need to relook at my shares and maybe sell off
10-04-2016, 07:30 AM
Usually a company performs well when there is a passionate leader with a clear plan forward, not just on business performance but also towards shareholder interests.
I don't see it in this board. Shareholders need to be more discerning. Dividend yield can only be meaningful provided the share price does not erode! |
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