Tuesday 8 November 2016

Stock investment : SingPost has seen better days, but prospects remain hopeful .

Image result for SingPost

UOB Kay Hian and OCBC Investment Research have both reported a "hold" proposal on Singapore Post (SingPost) with a lower target cost of $1.76 and a higher reasonable estimation of $1.47 separately. 

This comes after SingPost reported a 41% decrease in 2Q17 income last Friday to $31 million. Moreover, as a consequence of its amended approach, the organization announced a fundamentally bring down between time profit of 1 penny for every share contrasted with 15 pennies the prior year.

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Our Stock Recommendation -

  • SGX INTRADAY SIGNAL:BUY NAM CHEONG  AT 0.063 TARGET 0.066,0.069  SL 0.057 ...........

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