SPH   

SPH

Well said Novena.

Any idea why SPH drop today?

 

Hi Lily, i believe u r doing well.... for those prof's...they only know how to TA & FA and model....and do paper trade....ask them to use real $ to trade...i think 95% of them just like us....

 

Wah! Cant stand this mammoth elephant. Must use a hook like those in the zoo on its big ears.

 

Hi novena_33

Thanks alot for your kind advice. Yes, I used to be a WB-like investor but no longer so since the subprime issue exploded on the scene last Aug 2007. My portofolio is 90% blue chips, STI-indexed stocks but I am developing a handle on when to enter/exit the market better. Afterall the prices of these blue chips can and do correct severely. I've learnt to let them go during a correction and re-enter at a later point in time. I'm still practising the ropes. I'm no prof but juz a housewife.

novena_33      ( Date: 23-Apr-2008 17:49) Posted: is very hard to time the market.......even the "pro" also make mistakes........ if u recall recently some invested billions also make big losses within months.......... so i dont encourage you to time the market.... i believe u need a different game plan ...... blue chip is alway safer .....

 

is very hard to time the market.......even the "pro" also make mistakes........ if u recall recently some invested billions also make big losses within months..........

so i dont encourage you to time the market.... i believe u need a different game plan ...... blue chip is alway safer .....

 

Thanks! This is indeed a good site that suit one of my requirements ..i.e. high yield.

I guess its never too old to continue learning...lets keep it going! 

LilyLi      ( Date: 23-Apr-2008 17:06) Posted: Old, yes but new timer. I'm learning the ropes on how to time my entry/exit points better. That's why need to spend more time on the web and reading books. The web is getting more useful these days for oldies like me who's too lazy to scrap things into 555notebooks. Can look up this good site; http://yieldstocks.blogspot.com/

 

Hesitated at 4.50, think tomorrow will up above 4.55 again.

 

Old, yes but new timer. I'm learning the ropes on how to time my entry/exit points better. That's why need to spend more time on the web and reading books. The web is getting more useful these days for oldies like me who's too lazy to scrap things into 555notebooks.

Can look up this good site; http://yieldstocks.blogspot.com/

 

 

 

O.I.C. So u are old timer to stock market already. I'm just a beginner as compare to u & many forumer here. I'm looking for some counters to buy which are comparable to SPH & Singtel, can u or anyone recommend some?

 

Farmer - Ooops. I mean year-end dividends expected at 22 cents. This counter usually drops after XD, twice a year cuz usually people collect for dividends only. I have this in my portfolio from the day I started work.........which was a long time ago.

 

22cts down at current level? Thats 4.30...I guess it maybe possible after XD. Are u vested in this counter too?

Anyway, all the 650m of Sky11 will eventually be realised over time and mgmt already mentioned that there's a slight delay in the project's construction but it will be resolved.

LilyLi      ( Date: 23-Apr-2008 10:36) Posted: Take note of revenue recognition from Sky@Eleven. Farmer's projection could be right. I am hoping (maybe it's a rather vain hope) for 22 cents! Revenue recognition to-date : S$111.6m 4Q FY07 : S$71.3m 1Q FY08 : S$16.1m Expected project revenue > S$650m2Q FY08 : S$24.2m

 

Take note of revenue recognition from Sky@Eleven. Farmer's projection could be right. I am hoping (maybe it's a rather vain hope) for 22 cents!

Revenue recognition to-date : S$111.6m

4Q FY07 : S$71.3m

1Q FY08 : S$16.1m

Expected project revenue > S$650m2Q FY08 : S$24.2m

 

Hmm....market's trying very hard to push it down to below $4.50...ok I waiting to collect.

 

Only a daddy myself. Hope I will nbot have to wait till I become grandpa!

 

Hoho! Looks like we'll all be like grandpas/grandmas by just getting involve in this stock!!!

So far, all brokers/analysts I came across recently have a Buy/Over/Outp rating with minimum TP of $5.00 or more. So, let's just continue to hold until the "cows come home" and wait for the FY divds award which I predict to be ~20cts...Cheers!

 

Ha, ha.......hmm......me, still only a mother but harbor long-term wishes to eventually be a granny.

Actually, an annuity gets cheaper when 1 buys it at an older age. So it's apparent why oldies luv this counter.

Yes, agree, $5.00 is fair value. Now that SPH has upped its mid-year dividend to 8%, I am expecting a break with its historical year-end dividend too due to property gains. Actually, the core biz is growing reasonably well. Of course, the ZhaoBao circulation numbers are very bad.

 

Hmm..... r u a grandmother yourself or to be...hehehe!

Anyway, Kim Eng had maintained a target price of $6.18 for the elephant, aren't they too bullish? To be fair, I would deduct $1- off their TP....Cheers!

LilyLi      ( Date: 21-Apr-2008 09:23) Posted: Hi Farmer Well said. It's truly an annuity stock. Oldies, including grandmothers like this counter.

 

Hi Farmer

Well said. It's truly an annuity stock. Oldies, including grandmothers like this counter.

 

 

Thinking of going in at 4.45.

 

Yes, this elephant is indeed "defensive" even at the current turbulence/volatile market conditions.

It's also called an "annuity" stock by some value investors due to high yield of ~5.8% base on last closing price of $4.50 - see attached data from Bloomberg


Lastly, it's an "old man" stock as many of its shareholders are already in grandfather status.....Cheers!
 

Price4.500	Change-0.050	% Change-1.099	BidN.A.	AskN.A.	Open4.570
VolumeN.A.	High4.570	Low4.470	52-Wk High4.820(12/06/07)	52-Wk Low4.060(08/17/07)	1-Yr Return6.739

Shares (Millions)1,590.237	Market Cap (Millions)7,156.065	Earnings0.320	Price/ Earnings14.516	Relative P/E1.299	ROE23.955
Last Dividend Reported0.080 Interim	Dividend Yield (Trailing 12mo.)5.778	Rel. Dividend Yield1.534	90-Day Volatility20.495	Beta vs. FSSTI0.607