2020-11-11 16:46:24
Analysts downgrade call on SingPost, lowers target price on eroded margins
CGS-CIMB analyst Ngoh Yi Sin has downgraded her call on Singapore Post (SingPost) to “hold” from “add”, as the company’s earnings for the 1HFY2020/2021, at $30.9 million, down 42.1% y-o-y, came in lower than the full-year forecasts made by the brokerage and consensus. See: SingPost&nb...
Felicia Tan