
yep , v defensive stock s mentioned in BT today.
good div yield too, ops wont be affected much by crisis i must say
That's right! Currently both TT & YPH are the biggest shareholders among SPH's board of directors. This is definitely a strong vote of confident. Let's support it too. Cheers!
buying up by directors, i even see yong pung how (ex cj) buying!?
>> PART I |
1. | Date of notice to issuer * | 24-10-2008 |
2. | Name of Director * | Tony Tan Keng Yam |
3. | Please tick one or more appropriate box(es): * |
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>> PART II |
1. | Date of change of Deemed Interest | 24-10-2008 |
2. | Name of Registered Holder | SkyVen Growth Opportunities Fund Pte Ltd |
3. | Circumstance(s) giving rise to the interest or change in interest | Open Market Purchase | |
# Please specify details |
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4. | Information relating to shares held in the name of the Registered Holder | ||||||||||||||
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I was looking at the past years chart and the lowest ever in the past seems to be $2.90 plus.
vote of confidence
v stable stock...
i think he is eyeing the 19c
Dr Tony Tan bought 200 000 shares at $3.395.
http://info.sgx.com/webcorannc.nsf/d21c0ed0b4a507cf482571b2003641d2/2f803f350515110d482574eb0027b9dd?OpenDocument
The MA chart said wait. Even a short 5-day MA is not bottoming out yet. Lets wait for awhile. I'm eyeing as well. Safe haven counter.
that is exactly what I am worrying, but i think maybe by December, the sentimental totally changed, u never know.. hmm..
$190 is quite tempting.
crazy_fave ( Date: 23-Oct-2008 13:18) Posted:
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I believe SPH would be trading at around S$3.39cd and S$3.20xd (less the dividend of S$0.19 per share) in the second week of Dec. After that, its price is likely to mirror market conditions then.
AK opine that this is not d right time. even one or 2 weeks b4 the XD.
leong3k ( Date: 22-Oct-2008 23:30) Posted:
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This counter can buy now or wait till 2 wks b4 dividend , need Sifu advise!
The monopoly it holds allow it to have a premium...
tomhwang ( Date: 17-Oct-2008 15:13) Posted:
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Agreed with you. For those who cannot stomach the volatility, this is quite a good counter. It will be giving out div soon.
L..... ( Date: 17-Oct-2008 18:48) Posted:
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i disagree.. sph is not good indicator of where mkt is heading
stock mkt rally people read papers for ideas to trade.. stock mkt plunge people still read papers but this time for ideas to cut losses / pick up bargains..
still riase 10c from oct - i didnt know sia sway gave auntie only 80c and walk away then she went ay ay short of 10c leyyyy
anyway defensive stock with good divident yield. business model intact for next 5 yrs at least as monopoly business iun singapore.
when sti plunge, this will plunge lesser % (u can check) but of cos when stock mkt rally this is a laggard..
I think is difficult to tag SPH as an indicator. Its NAV is $1.36 and it still trading at over 2.5 times that value. There are other blue chips trading for less than half their NAV! This kind of trading is for the blind and very brave.
This is one of the darling stock for dividend. The dividend collected is equivalent to NZ$FD but less the currency fluctuation. It's a slow "goose" interm of market rally. Keep it to collect golden eggs.
Blastoff ( Date: 16-Oct-2008 08:29) Posted:
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Even SPH is not spare, drop to $3.50 yesterday despite the 19 cents dividends announced. Personally, I feel that SPH is a good indicator of where the market is heading, usually it will react faster than the other stocks. Just my opinion...

Indeed it is. Still holding onto it and bought some this morning for long term investment with good dividends to collect(look at it's pass record).
TA wise, currently trading below 5 yrs low of ~$3.69, if $3.48 can't hold, we're looking at $3.20-3.30 range for support. 10 yrs low at $2.92 but I doubt $3.00 will break unless something drastic happen like the great depression or maybe gov decide to revoke its licence or something.
Just my 2c view...now Look up! Be confident & patient. This is not the end of the world yet.
TA charts look slightly bearish. Acc/Dist and Chaikin shows steady decline.
But I believe that SPH is a good counter for the long term if you like dividend stocks.