Following recent social media postings on Singpost, the company has been in the eyes of some retail investors.
From some of the comments i read, most would stay away from Singpost.
However, is that really the case?
I decided to take a look at it to determine if it would be a buy at current price of 0.62 as of 19 August 2022.
For Disclaimers, i used to owe some shares of Singpost as my 4th or 5th stock i purchased back in 2015 at around 1.7 and i sold it at 1.3 in 2017. Since then i have not really looked at the company closely.
Pros of Singpost
1) Internal Promotion of CEO. Following a long history whereby we had Ceos that did not really do well since 2015, the company has finally turned to promoting one of their own and not parachuting in anymore. They have promoted a CEO from the Postal Services Business to be the Group's CEO....