Singapore Post

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(25-06-2016, 10:34 AM)opmi Wrote:
(25-06-2016, 09:29 AM)Bibi Wrote: Anybody tried their vpost services before? I just tried it and find it rather expensive and lack transparency on the way the shipping are charged. Bought a package from amazon which have already package for delivery and weighs 2.7kg but vpost repackage it to 3.8kg and also charges me repacking fees. Another item, a soft toy was also repackage and fees charged. Why the hell need to repackage a small soft toy? $4 shipping fee for a 0.6kg package becomes $11 due to the repacking fee. This is the last time I am going to use vpost and unlikely to be a singpost investor.

yes. expensive and opaque. volumetric weight is used to calculated.

ezbuy (65daigou) is the closest competitor. started by PRCs working in semi-con indsutry.

I think vpost lost its first mover adv already. Because too slow to cut prices. 
last mile of getting popstation and post offices not as strong as perceived. 

65daigou customers can get from many collection points and warehouses. and a lot of them do.

What about uskoop? Has anyone tried their service before? Good?
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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, 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.
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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.

Me, before I found taobao. All my ebay and amazon purchases were using vpost.
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(26-06-2016, 12:56 AM)violinist Wrote:
(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.

Me, before I found taobao. All my ebay and amazon purchases were using vpost.
So whats the reason for the switch? Ever consider going back using vpost again?
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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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PBOC to Study Alibaba’s Shadow-Banking Activities, Zhou Says


China's new push into regulation of their banking sector is gaining traction. If it is found that any shady business going on and on a big scale, we could see money trouble for Alibaba and maybe Alibaba might have to sell their stake in Singpost. 

Time to get out if you are vested in singpost??
Virtual currencies are worth virtually nothing.
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SingPost expects new group CEO at the end of the year

http://www.channelnewsasia.com/news/busi...57410.html

http://infopub.sgx.com/FileOpen/Chairman...eID=412793

http://infopub.sgx.com/FileOpen/AGM%20Pr...eID=412794

Responses to SIAS

http://infopub.sgx.com/FileOpen/Response...eID=412795
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there's an article in biz time today abt the consultancy report... kinda mess... Tongue
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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