Singapore Press Holdings 01 (May 08 - Nov 11)

Re: Singapore Press Holdings

Postby sl2008 » Sun Jun 29, 2008 6:34 am

to be fair sph has been ok with me for the pass three yrs, i got almost 60k in div and 80k in trading bf cd and xd. but i thk they can and shd try even harder to grow business in other areas or countries.

like many companies, i thk they should do the right thing by returning capital to all shareholders, sell the paragon :lol: if they ran out of ideas or guts or both.

i dont why tony buy sph when none of the insiders is support their own shares :roll:

so, i suggest the following

1 i like tony so he can stay

2 i dont like any directors who dont support their own share, so fxxk them

3 i also like tony' wife so she can stay too

4 sell the paragon

5 if share price go south again, fxxxk all of them
:evil: :evil: :evil:
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Re: Singapore Press Holdings

Postby winston » Sun Jun 29, 2008 7:42 am

yeokiwi wrote:
1) But, I think most people still prefer to read hardcopy than electronics copy.

2) My wife also prefers magazines that had many pretty photos on bags, shoes, dresses.. :D


1) I know of many younger people who do not really read newspapers. If they want the latest news, they would just read it online. I also read somewhere that many young people in Korea do not need a TV anymore. They prefer to go online for their entertainment.

2) Yes, the magazines now certainly have more pictures. The attention span of the people are getting shorter.
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Re: Singapore Press Holdings

Postby kennynah » Sun Jun 29, 2008 6:27 pm

i cant remember when i last read Straits Times.... (meaning, at least 5 years since i last read a copy)....
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Re: Singapore Press Holdings

Postby millionairemind » Sun Jul 06, 2008 2:44 pm

Singapore Press Hldgs
Price - $4.25 Target - $5.11


Singapore Press Hldgs (SPH) is raising ad rates for 8 newspapers from Sep-08. Base rate for display ads in the company’s flagship The Straits Times will increase by 3.5-4.7%. With advertisers typically preparing their ad budgets on a calendar-year basis, top-line impact of the rate card hike is not expected to kick-in at least until Jan-09.

Given the expected slowdown in economic growth, we only tweaked our newspaper ad revenue forecast marginally to reflect the rate card hike. We also revisited our earnings forecasts to take into account of rising operating costs. Consequently, we have cut our FY08 and FY09 earnings forecasts by 3%.

Separately, SPH announced that the latest independent valuation for its Paragon investment property is $2b (from $1.82b). Our revised target price represents 20% potential upside from current levels. Together with a projected dividend yield of 7%, SPH has an expected return of 27%. Maintain OUTPERFORM. – Credit Suisse (1 Jul)
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Re: Singapore Press Holdings

Postby yinmeng » Wed Jul 09, 2008 10:10 am

For now, I think SPH is still one of the better place/bet to put my money. And, the current price weakness is a good time to collect more of SPH. In fact, SPH is still one of the few low risk, high yield and sustainable stocks in SGX.

With 11 Newspapers in 4 languages reaching 90% of Singapore adults, it has a virtual monopoly of Singapore's print. And the next couple of years should still be good for SPH - increasing ad rates in Sep 08; Super-prime Orchard rental continue to rise, so is good for Paragon; ad volumes expected to rise with more property launches, F1 related advertising, ...etc.,.; Paragon valuation is now $2b from $1.82b; dividend yield of 7% (full year ending 31 Aug is round the corner); and, extremely low risk.
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Re: Singapore Press Holdings

Postby millionairemind » Wed Jul 09, 2008 10:16 am

Hello YinMeng,

A very warm welcome to Huatopedia!!!

We look forward to more of your informative posts in the future.

Cheers,
mm
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Re: Singapore Press Holdings

Postby helios » Thu Jul 10, 2008 9:15 am

yinmeng wrote:With 11 Newspapers in 4 languages reaching 90% of Singapore adults, it has a virtual monopoly of Singapore's print. And the next couple of years should still be good for SPH - increasing ad rates in Sep 08; Super-prime Orchard rental continue to rise, so is good for Paragon; ad volumes expected to rise with more property launches, F1 related advertising.


>>> for those who r vested in sph, their online & print titles r resuffling - again:

Singapore - SPH Magazines will integrate Hardware Zone's titles into its Lifestyle division and reshuffle the latter's internal structure by extending its editorial remit to include SPH Magazine's online properties.

"The integration enables us to ration our resources to take advantage of the potential in search marketing and research developmental work. Our multimedia platforms can truly be seamless to each other and the advantages can be further translated to more convenient access for our advertisers and readers so that they can derive higher value returns for their investment with us," said Loh Yew Seng, CEO of SPH Magazines.

From 2009, all Hardware Zone staff will be relocated to SPH Media Centre and will be responsible for developing and growing the search engine marketing business and position itself as an online research and development and technology services firm. Jackie Lee remains as CEO of Hardware Zone while Jereme Wong and Joe Ang are COO and CTO respectively.>>> met jereme b4.

HWM, GameAxis Unwired, Photovideoi and hardwarezone.com will hence be under the charge of SPH Magazines Lifestyle division, headed by MD of SPH Magazines, Allen Loh, with MD of Hardware Zone, Eugene Low, assisting as deputy MD. The division will now have three main sections. Existing units "Fashion & Beauty", "Men's and Special Interests" will be retained and headed by GM Irene Tan, and Loh. The third is a new online unit "New Media" and Hardware Zone's Lim Chuan Jer will oversee the new arm as GM.

Apart from the Lifestyle division, other changes include the specialist division, Luxury, which will now house both Icon and The Peak headed by Dennis Pua, MD of SPH Magazines and assisted by Adrian Chue, GM. Also, another specialist division, Custom, which produces titles for Singapore Airlines, Oneo15 Marina Club, and several government agencies will be under Christopher Tay, GM.

"With the global trend of readers alternating between print and online medium fervently, it is important for publishers to leverage on the strengths and know-hows of our traditional media onto the online front and new media platforms. There is a growing emphasis to constantly understand readers' consumption behaviour and by using technology, bridge those trends as opportunities to our advertisers," Jackie Lee, CEO of Hardware Zone, said.

Group Editor in Chief, Caroline Ngui, will be in charge of all the editorial teams under SPH Magazines.
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Re: Singapore Press Holdings

Postby LenaHuat » Fri Jul 11, 2008 10:09 am

I collect this counter for dividends too. Been patiently waiting for $4.04.
Plenty of time to Nov (dividend announcement for second half) for execution.
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Re: Singapore Press Holdings

Postby yinmeng » Fri Jul 11, 2008 10:26 am

Hi L,

SPH full year ending is 31 August 2008, one and a half months from now. In other words, the full year results and final dividends will be announced together sometime in the 1st half of Oct 2008.

3Q (ending 31 May) results will be out after 5pm today. I am hoping for some surprises.
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Re: Singapore Press Holdings

Postby LenaHuat » Fri Jul 11, 2008 10:46 am

Hi YinMeng
Yes, I remember that SPH has a very odd accounting period. It's Oct and not Nov. OK, I'll readjust my diary entry. Thanks alot for this tipper. I wish U will be right abt the results this evening :)
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