I’ve always been very interested in SingPost. As the only national mail operator in Singapore, coupled with the explosion in eCommerce volumes, and major shareholders being Alibaba and Singtel, you would have thought that SingPost would be the next big thing.
Nothing could be further from the truth. The 10 year share price is set out below, and it’s been a disaster since 2015. What happened though? Could this change in the future?