Currently SingPost is trading at S$1.215, I can choose to sell at S$1.21 and take a profit of S$273.01. By the way, it's currently trading with dividend until 6 Feb.
The question is, how high can the price go? Let's look at the following table:
| Date | Target | Price Call | Source |
| 28 Jan 2013 | 1.23 | HOLD | OCBC |
| 28 Jan 2013 | 1.21 | HOLD | Maybank Kim Eng |
| 28 Jan 2013 | 1.14 | HOLD | DBS Vickers |
Now who should I believe? Actually I think SingPost can go above S$1.22 no problem, even after dividend, it will probably stay around S$1.2x or more, it's a good place to park money. And STI seems to be a bit high, some people are expecting a correction to come soon, but then again, it's hard to say, the US economy seems to be quite stable for now as they have avoided the fiscal cliff by pushing the deadline to March plus they have unlimited borrowing until 19 May.
So from now until March, I expect SingPost to steadily go up.
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