Singapore Post

[shanrui_91]

This might be synergistic with its logistics business of which they have been focusing on as a growth area. You need much larger storage space unlike your mail, can this possibly help them increase their very low margin on logistics?

However, this might be a loss-making business since they did not disclose the profit and i remember Hersing's Storhub is also losing quite a bit of money at the moment.

(not vested)