Thursday, October 27, 2016

SingPost - the first catalyst has happened

The alibaba deal is on.
http://infopub.sgx.com/FileOpen/SGX%20Ann.ashx?App=Announcement&FileID=426494

Next is the confirmation of CEO.

The better than expected results due to peak season of Christmas and Year end Celebration

2017, awaiting the SP mall to contribute.

Am I dreaming?

Why not? Greater fool theory? Alibaba is willing to pay 1.75 for SingPost new issue shares. I am not complaining. The capital injection would Rediced the debts.

I believe the analysts will stir fried the news . Lol

2 comments:

  1. Hi, how did you get the 1.75 price paid by Ali? Thanks for share

    ReplyDelete
  2. Hi Wind,

    It is in the transcript of last/ the second last investor teleconference. The contract price was mentioned. I mentally divide the amount paid and the shares issued, about right too.

    ReplyDelete