- SingPost concluded its strategic review on 19 Mar 24, which began in May 23 to prioritise sustainable growth and maximise shareholder value.
- In this note, we outline 5 strategies management has introduced, to be implemented over the next three years. Through the strategies, SingPost expects to strengthen its position as a pure-play logistics enterprise focused on growth.
- - Read this at SGinvestors.io -
Redefining SingPost's business segments provides clarity.
- To better demonstrate each individual market’s growth, Singapore Post (SingPost, SGX:S08) has announced changes to its segmental breakdown. Instead of the postal/logistics/property businesses, the group will be segmented into Singapore, Australia and international businesses.
- - Read this at SGinvestors.io -
Potential capital recycling; new dividend policy adopted.
- Read more at SGinvestors.io.
Above is the excerpt from report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full report in PDF @ https://www.utrade.com.sg/.
Llelleythan Tan UOB Kay Hian Research | https://research.uobkayhian.com/ 2024-03-20
Previous report by UOB:
2024-02-09 Singapore Post - Soft 3QFY24 As Forex & Famous Holdings Impact Profits.
Price targets by 3 other brokers at SingPost Target Prices.
Listing of research reports at SingPost Analyst Reports.
Relevant links:
SingPost Share Price History,
SingPost Announcements,
SingPost Dividends & Corporate Actions,
SingPost News Articles
