Showing posts with label SingPost. Show all posts
Showing posts with label SingPost. Show all posts

Monday, 15 May 2017

SingPost (S08) - 15 May 2017

SingPost slides 4.3% after TradeGlobal writedown


SingPost weekly chart shows a long-term downtrend since the peak in October 2016.

The current price resistance is at $1.365 and next resistance level is at $1.40.

The price support levels are at $1.320 and $1.270.

Monday, 13 February 2017

SingPost (S08) - 13 Feb 2017


SingPost's net profit slumps 27.9% to $31.4m
http://sbr.com.sg/transport-logistics/news/singposts-net-profit-slumps-279-314m

SingPost is on a downtrend and it gaped down yesterday after the financial results announcement.

The technical support is currently at $1.395 and the next support is at $1.360.

The resistance levels are $1.425 and $1.460.

Monday, 7 November 2016

SingPost (S08) - 07 Nov 2016


SingPost's net profit down 41.2% to $31.4m.
http://sbr.com.sg/transport-logistics/news/singposts-net-profit-down-412-314m

SingPost weekly technical chart shows up-trend started in Aug 2016 but today's closing price at $1.535 may break this trend.

The technical support is currently at $1.53 and the next support is at $1.49.

The resistance levels are at $1.58 and a strong resistance is at $1.65.

Tuesday, 21 June 2016

SingPost (S08) - 21 June 2016


SingPost announced this evening that group chief operating officer (COO) will step down from his post with effect from Aug 26 to pursue "new opportunities overseas". http://www.businesstimes.com.sg/companies-markets/singpost-coo-resigns-to-pursue-overseas-opportunities

Technically, SingPost has been trading on a gradual downtrend with support at $1.55.
If the support breaks, the next support will be at $1.52 and $1.50.

So far all the announcements have negative impact on the stock price.