I think it is expected. I see SingPost’S business as a dying trade. How many of us here have ever used it’s services or can remember when we last used it? It is usually used by businesses but many have turned to electronic means to save paper and cost. I remember having to use it for applications like credit card but these have also gone electronic. Whether it is renewed focus or resolution of whatever deep-rooted issues, I don’t think that will turn SingPost around. The demand is now dwindling as people move towards electronic means which are easier to archive and faster to receive than snail mail. Ain’t called snail for nothing. I think it would be too risky to bottom fish this stock. I see this as a falling knife. There are so many much better stocks out there, why spend money on this? The risk is far too great. SingPost needs to change its business model. @HelenJanet @SPOT_ON @Universe宇宙 @DiAngel @LuckyPiggie @rL @Kaixiang @Success88 come joinDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
