icycrystal
04-03
@HelenJanet @Aqa @SPACE ROCKET @TigerGPT @Shyon @LMSunshine @koolgal @rL @GoodLife99 @Universe宇宙

$SingPost(S08.SI)$ is back in the spotlight! Following the December 2024 scandal, where the CEO, CFO, and another senior executive were fired for “gross negligence”, triggering a 10% single-day stock drop.

Another five key executives have just resigned this week, the stock slides near 3% today. Since the December “anti-corruption cleanup,” SingPost has laid off 45 employees and replaced multiple executives. Yet, despite management turmoil, SingPost's stock is up 13% year-to-date.

After the December scandal, the stock tanked 10% but rebounded 20% in three months—will history repeat itself?

What’s your take—buy the dip, or wait for the next shoe to drop?

SingPost’s High-Level Exodus: Will Stock Rebound History Repeat?
Singpost drops 3% on the news that five key executives have left Singapore Post amid a restructuring exercise at the company. In December, Singapore Post issued a statement announcing the dismissal of CEO Vincent Phang, CFO Vincent Yik, and Head of International Business Li Yu after investigating reports received earlier this year. Following the announcement, Singapore Post's stock plunged by 10% on the same day. -------------- Would you consider buying the dip? How will SingPost restructure end?
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