SingPost

SingPost: Continues its 52 wk high price, and moving towards the all-time high of $1.24 in Sept 2010. After CEO Dr Wolfgang Baier tookover in Oct 2011, the Company has been in a bid to improve efficiency and productivity. Recall previous post with regards to its range of acquisitions: SingPost has been making a list of acquisitions in recent months, mostly for mail and total logistics solution providers, spanning across the Asia region. In a bid of its transformation, the logistics business is expected to be a key driver going forward. With the rise in online consumerism, it is no surprise that logistics solutions will be more in demand. Execution quality of the management has been proven given the quick inclusion of acquired companies over this period. As a yield play, SingPost has a dividend yield of 5.4% for FY12.