I read in The Edge today SingPost’s CEO for their postal service mentioning that their mail business after their expansion into logistic business will make up 50% of revenue.
Its strange that the CEO chooses to focus on the revenue makeup rather than the profit make up.
Take a look at my write-up some time ago and look at the difference in margins and return on assets between the logistics and mail. Its huge.
Ultimately we are paid in net income so if mail revenue is 50% of Singpost, by then the profits and dividend paying capability is much less.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
Readers also follow Kyith to learn how to plan well for Financial Security and Financial Independence.
Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend.
You can view Kyith's current portfolio here, which uses his Free Google Stock Portfolio Tracker.
His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.
You can read more about Kyith here.
- Farewell Dad. I will miss you. - February 7, 2023
- Being Wealthy is a Feeling and Based Less on Math. But it Actually Means A Wealthy Person will have an Absurdly Low Safe Withdrawal Rate. - February 3, 2023
- Singapore Savings Bonds SSB March 2023 – Ten Year Yield Goes Up, One Year Goes Down (SBMAR23 GX23030A) - February 1, 2023