28-05-2014, 05:45 PM
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28-05-2014, 08:44 PM
Am i the only one that thinks that earnings will get diluted?
If capital is needed, I wont ask a rights issue from the public either ,there is a sense that singpost pays good dividends.....
so getting the public to cough out cash could be hard.......
Tying up with Alibaba could fend off competition, so lets see whether the returns on the additional capital will be good or bad....
If capital is needed, I wont ask a rights issue from the public either ,there is a sense that singpost pays good dividends.....
so getting the public to cough out cash could be hard.......
Tying up with Alibaba could fend off competition, so lets see whether the returns on the additional capital will be good or bad....
28-05-2014, 09:41 PM
My Mum told me if the price reaches $1.60, she wants to liquidate all her Singpost shares.....haiz....
28-05-2014, 09:56 PM
Don't just look at the short term dilution. The benefit of such a tie up can be enormous for both.
Sing Post need to diversify fast and e commerce is the most natural way to go forward. They have been knocking on this magical door for the last 3 years but with little success. Alibaba is the up and coming kingpin in e-commerce and for now, they lack that last mile delivery and warehousing (see the article below) to complete enhance their operating efficiency and profitability.
Alibaba is the guy with the secret code-word that Sing Post has been looking for in the last 3 years. To Sing Post it is straight forward - get Alibaba on board when we can still offer them something they need and in return Alibaba tell me the secret code so that I can access that mountain of riches behind the magical door.
"Open Sesame !!"
Alibaba Ramps Up Its Asian Logistics With A $249M Investment In SingPost
http://techcrunch.com/2014/05/28/alibaba...-singpost/
Sing Post need to diversify fast and e commerce is the most natural way to go forward. They have been knocking on this magical door for the last 3 years but with little success. Alibaba is the up and coming kingpin in e-commerce and for now, they lack that last mile delivery and warehousing (see the article below) to complete enhance their operating efficiency and profitability.
Alibaba is the guy with the secret code-word that Sing Post has been looking for in the last 3 years. To Sing Post it is straight forward - get Alibaba on board when we can still offer them something they need and in return Alibaba tell me the secret code so that I can access that mountain of riches behind the magical door.
"Open Sesame !!"
Alibaba Ramps Up Its Asian Logistics With A $249M Investment In SingPost
http://techcrunch.com/2014/05/28/alibaba...-singpost/
28-05-2014, 10:15 PM
Today I found my neighbor's letter in my mailbox again (Third time in the past 6 months and is a different neighbor)
We all know how dodgy their traditional and parcel mailing service is...
Will the shift in focus towards e-commerce become a big distraction that in the end stakeholders are going to suffer further? You may argue that the e-commerce part is still under logistic service. But who knows they may put in all resources on their e-commerce logistic service and neglect the traditional and parcel mailing service part.
Should Singpost learn how SAW got SMRT so infatuated with retail operation till they mess up the transport services?
We all know how dodgy their traditional and parcel mailing service is...
Will the shift in focus towards e-commerce become a big distraction that in the end stakeholders are going to suffer further? You may argue that the e-commerce part is still under logistic service. But who knows they may put in all resources on their e-commerce logistic service and neglect the traditional and parcel mailing service part.
Should Singpost learn how SAW got SMRT so infatuated with retail operation till they mess up the transport services?
28-05-2014, 11:51 PM
I love Singpost's PopStation service! I wasn't at home when my Amazon parcel arrived and they proceeded to drop the parcel at the nearest PopStation for my collection. I hate queuing at Singpost to collect my parcel on weekends. With PopStation, I can collect it anytime, 24/7!
Question is, do they provide this service for all parcels? I did not pay for this service....
Question is, do they provide this service for all parcels? I did not pay for this service....
29-05-2014, 06:46 AM
(28-05-2014, 11:51 PM)pantoo Wrote: [ -> ]I love Singpost's PopStation service! I wasn't at home when my Amazon parcel arrived and they proceeded to drop the parcel at the nearest PopStation for my collection. I hate queuing at Singpost to collect my parcel on weekends. With PopStation, I can collect it anytime, 24/7!
Question is, do they provide this service for all parcels? I did not pay for this service....
you paid for it by using vpost, right?
29-05-2014, 07:29 AM
Can an ugly duckling become a swan?
He told The Business Times separately: "E-commerce is the lifeline of the future for SingPost, as it grapples with a declining mail business."
http://www.businesstimes.com.sg/premium/...k-20140529
PUBLISHED MAY 29, 2014
Alibaba in $312m deal to leverage SingPost network
BYANITA GABRIEL
anitag@sph.com.sg @AnitaGabrielBT
PRINT |EMAIL THIS ARTICLE
BT 20140529 AGALIBABAIG3T 1109705
In good hands: Alibaba is buying 10.35% of the Republic's postal service provider to tap SingPost's extensive last-mile delivery network in the region, to compete against its giant American rivals
[SINGAPORE] The mailman has seemed bent on delivering good news of late.
A week after announcing robust full-year results, Singapore Post (SingPost) yesterday announced that China's e-commerce giant Alibaba will buy a 10.35 per cent stake in it for $312.5 million.
Singapore's national postal service provider has also signed a deal with Alibaba to leverage its enormous e-commerce volumes and know-how.
In what is Alibaba's first strategic pact in the Asia-Pacific, the Chinese Internet juggernaut will get to tap SingPost's extensive last-mile delivery network in the region, to compete against its giant American rivals, Amazon and eBay.
The Chinese giant led by charismatic billionaire Jack Ma, which is gearing up for an initial public offering in the US, will emerge as the second largest shareholder in SingPost after Singapore Telecommunications (SingTel), which now owns 25 per cent.
SingPost group chief executive Wolfgang Baier said in a joint SingPost-Alibaba statement: "The step-change collaboration will enable SingPost to grow its e-commerce logistics business much faster and strengthen its regional revenue stream."
He told The Business Times separately: "E-commerce is the lifeline of the future for SingPost, as it grapples with a declining mail business."
In fiscal 2014, e-commerce and related businesses turned in 26 per cent of the group's revenue; just over half came from the mail business.
Daniel Zhang, Alibaba's chief operating officer said in the statement: "We are excited to collaborate with SingPost and leverage its strong delivery networks. We hope to create concrete benefits for our overseas buyers and sellers by enhancing the user experience and providing greater access to a suite of international e-commerce logistics solutions."
The e-commerce space in the Asia-Pacific is burgeoning; sales are expected to hit US$1 trillion in six years, said eMarketer.
The deal with one of the world's largest online and mobile commerce firms, put together by DBS Bank, is a leap for SingPost and fits in snugly and some with its next stage of growth - which is to build up its e-commerce and logistics business and offset waning growth in the sunset postal business.
OCBC investment research analyst Low Pei Han said that the deal gives priority to SingPost's logistics services when, for example, Alibaba needs to ship goods to certain parts of South-east Asia.
"By gaining access to more of Alibaba's volumes, SingPost will be able to obtain a scale effect and bring down cost per unit of goods handled," he added.
Alibaba will acquire 220 million new and existing shares in SingPost - 30 million existing shares held in treasury and 190.096 million new shares at $1.42 apiece; the price is an 8.3 per cent discount to the volume-weighted average price of SingPost shares on Tuesday, prior to the deal announcement.
Trading in SingPost shares were halted yesterday and will resume trading today.
The counter has risen substantially in recent weeks, hitting a high of $1.56 a week ago; it has since come off a little to close at $1.55, its last traded price on Tuesday.
Alibaba will nominate one member to join the SingPost board.
CIMB research analyst Jessalynn Chen said: "Having Alibaba as a major investor definitely provides (SingPost) with more backing and instils investor confidence."
Shareholders will give their nod for the issuance of SingPost shares at the annual general meeting on June 28; the deal is subject to regulatory approvals, including those from the Monetary Authority of Singapore and the Infocomm Development Authority of Singapore.
SingPost said that some $308 million of the net proceeds from the share issuance, after deducting $4.5 million in estimated expenses, will be used for e-commerce-related investments, mergers and acquisitions in South-east Asia, property development and general working capital.
Ms Chen, pointing out that its current net cash position of $170 million has limited the firm to smaller investments, said: "The new source of funding will open the door to new investment opportunities in e-commerce logistics regionally, especially larger-scale investments that were not possible for SingPost to do on its own due to financial constraints."
He told The Business Times separately: "E-commerce is the lifeline of the future for SingPost, as it grapples with a declining mail business."
http://www.businesstimes.com.sg/premium/...k-20140529
PUBLISHED MAY 29, 2014
Alibaba in $312m deal to leverage SingPost network
BYANITA GABRIEL
anitag@sph.com.sg @AnitaGabrielBT
PRINT |EMAIL THIS ARTICLE
BT 20140529 AGALIBABAIG3T 1109705
In good hands: Alibaba is buying 10.35% of the Republic's postal service provider to tap SingPost's extensive last-mile delivery network in the region, to compete against its giant American rivals
[SINGAPORE] The mailman has seemed bent on delivering good news of late.
A week after announcing robust full-year results, Singapore Post (SingPost) yesterday announced that China's e-commerce giant Alibaba will buy a 10.35 per cent stake in it for $312.5 million.
Singapore's national postal service provider has also signed a deal with Alibaba to leverage its enormous e-commerce volumes and know-how.
In what is Alibaba's first strategic pact in the Asia-Pacific, the Chinese Internet juggernaut will get to tap SingPost's extensive last-mile delivery network in the region, to compete against its giant American rivals, Amazon and eBay.
The Chinese giant led by charismatic billionaire Jack Ma, which is gearing up for an initial public offering in the US, will emerge as the second largest shareholder in SingPost after Singapore Telecommunications (SingTel), which now owns 25 per cent.
SingPost group chief executive Wolfgang Baier said in a joint SingPost-Alibaba statement: "The step-change collaboration will enable SingPost to grow its e-commerce logistics business much faster and strengthen its regional revenue stream."
He told The Business Times separately: "E-commerce is the lifeline of the future for SingPost, as it grapples with a declining mail business."
In fiscal 2014, e-commerce and related businesses turned in 26 per cent of the group's revenue; just over half came from the mail business.
Daniel Zhang, Alibaba's chief operating officer said in the statement: "We are excited to collaborate with SingPost and leverage its strong delivery networks. We hope to create concrete benefits for our overseas buyers and sellers by enhancing the user experience and providing greater access to a suite of international e-commerce logistics solutions."
The e-commerce space in the Asia-Pacific is burgeoning; sales are expected to hit US$1 trillion in six years, said eMarketer.
The deal with one of the world's largest online and mobile commerce firms, put together by DBS Bank, is a leap for SingPost and fits in snugly and some with its next stage of growth - which is to build up its e-commerce and logistics business and offset waning growth in the sunset postal business.
OCBC investment research analyst Low Pei Han said that the deal gives priority to SingPost's logistics services when, for example, Alibaba needs to ship goods to certain parts of South-east Asia.
"By gaining access to more of Alibaba's volumes, SingPost will be able to obtain a scale effect and bring down cost per unit of goods handled," he added.
Alibaba will acquire 220 million new and existing shares in SingPost - 30 million existing shares held in treasury and 190.096 million new shares at $1.42 apiece; the price is an 8.3 per cent discount to the volume-weighted average price of SingPost shares on Tuesday, prior to the deal announcement.
Trading in SingPost shares were halted yesterday and will resume trading today.
The counter has risen substantially in recent weeks, hitting a high of $1.56 a week ago; it has since come off a little to close at $1.55, its last traded price on Tuesday.
Alibaba will nominate one member to join the SingPost board.
CIMB research analyst Jessalynn Chen said: "Having Alibaba as a major investor definitely provides (SingPost) with more backing and instils investor confidence."
Shareholders will give their nod for the issuance of SingPost shares at the annual general meeting on June 28; the deal is subject to regulatory approvals, including those from the Monetary Authority of Singapore and the Infocomm Development Authority of Singapore.
SingPost said that some $308 million of the net proceeds from the share issuance, after deducting $4.5 million in estimated expenses, will be used for e-commerce-related investments, mergers and acquisitions in South-east Asia, property development and general working capital.
Ms Chen, pointing out that its current net cash position of $170 million has limited the firm to smaller investments, said: "The new source of funding will open the door to new investment opportunities in e-commerce logistics regionally, especially larger-scale investments that were not possible for SingPost to do on its own due to financial constraints."
29-05-2014, 08:23 AM
Singpost all time high before ABB deal.
I feel that this deal is brokered by the SG govt.
Sent from my iPhone using Tapatalk
I feel that this deal is brokered by the SG govt.
Sent from my iPhone using Tapatalk
29-05-2014, 08:43 AM
(28-05-2014, 04:56 PM)edragon Wrote: [ -> ]Yeah, millions of Chinese buying through Alibaba, Aliexpress, Taobao etc. and shipping out from Singapore.
Most stuff are made in china. Chinese buyers no need to ship via SG.
Million of buyers outside china still possible.
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