
On 22/1/08, the company buy back 1m shares from open market trading between $4.13-$4.24. Hmmm.... this should act as a good entry price for value investors taking into consideration its bought back shares are to be kept as treasury for future use. Moreover, they can buy back up to 10% of the total issues bringing it to ~158m share.
Looking forward to collect more.

That's right! ChinChye.
Be afraid not. I also waiting to collect more if prices are correct. If the Chairman TT dare to buy 200 lots at 4.48, why shouldn't we?
Come sell... i collect.. haha... Hope to fall to below $4 or at $4, i acc. again... rain or shine.. this stock moves like a snail.. but divy is good.. =)
TA charts look slightly bullish. Acc/Dist and Chaikin rising
yes, I think SELL! too.
SELL

Singapore Press Holdings Q1 net profit rises 1.3 pct
SINGAPORE, Jan 14 (Reuters) - Singapore Press Holdings said on Monday its first quarter net profit rose 1.3 percent from a year ago, held back by a sharp fall in investment income and higher operating costs.
SPH, which has a near monopoly on newspaper publishing in Singapore, posted a net profit of S$111.9 million in the three months ended November 30, compared with S$110.5 million a year earlier.
The earnings were below the S$150 million expectations of three analysts polled by Reuters.
SPH's operating revenue grew 14.7 percent to S$312.1 million, with newspapers and magazine operations contributing S$261.3 million, an increase of 8.2 percent.
Revenue from property rose 70 percent to S$43.5 million, while investment income fell 67 percent to S$9.8 million. Operating costs rose 11.8 percent to S$188.5 million. Looking ahead, SPH Chief Executive Alan Chan said earnings were expected to be satisfactory for the current year, with advertising revenue to be driven by a Singapore economy growing at a moderate pace.
I only own 2 lots of SPH, waiting for the good news anyway.
With the sale of its holding like StarHub & M1 shares, $0.30 divs will become a bit stingy though. let's hope there're other initiatives to reward the shareholders...Cheers!
i dun think divvy will hit 30cents this yr, its too high n unsustainable. 28cents sounds more realistic
anyway , we will have another record dividend easily 30cents this year....
dun think there'll be much goodies for shareholders, divvy usually dished out at HY and FY results release.
Date of Release of 2008 First-Quarter Results
Singapore Press Holdings Limited have announced that it will release its financial results for the first quarter ended 30 November 2007 on Monday, 14 January 2008.
One of the first company to announce result 1Q. Let's see any goodies coming out together with the release consider its defensive play and director's open market buy-in recently.
Could it be they are looking at selling Paragon which means $$$$ extraordinary profit and potentially huge special dividends coming our way? Not surprising as commercial properties seem to have reach the peak or expect to plateau over the next couple of years. Good luck
Oh! I forgot to mention that the Chairman's spouse Mrs Tony Tan also bought a cool 200K from the open market at ~ $4.434 per share. Now this sounds more and more like something is brewing??
Hor ho! I've been wondering why SPH is so strong today up10cts to $4.50. See below :
1. | Date of change of Interest | 14-12-2007 |
2. | Name of Registered Holder | Tony Tan Keng Yam |
3. | Circumstance(s) giving rise to the interest or change in interest | Open Market Purchase | |
# Please specify details |
4. | Information relating to shares held in the name of the Registered Holder | ||||||||||||||
|
Dun worry, dividends of 19cts already due into the bank. What else to ask for?
yah, only year end rally will boost the price.
wait for year end rally...
Share Ex-dividend 11/12/2007, likelyhood share price will drop. So what good news is coming up? Anybody know????