Just a head up.   Singpost fell in higher volume today. Guess Alibaba might finally decide no deal for venture of Quatium Solutions? Perhaps the next CEO also ran away? LOL I believe Singpost can grow earnings by 10-20% over the next 2 years, with or without Alibaba. Of course, a JV with more capital injection is welcome. With Alibaba, it might grow at an higher end of that range. As mentioned in previous post, logistic is the crown gem. Quarter to quarter, they might not be doing well. But it is growing ok YOY ( seasonality is a factor). December is the peak period and a weak Q2 should not be over-extrapolated. SP mall will be back in operation soon and the omni channel will be the next frontier to be fought in e-commerce and Singapore and Singpost has first mover advantage in SEA. I might be wrong, I ......