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301-320 of 1578
profit down. dividend maintain at 7 cents................................................
SPH rising to its highest @ $4.68 since December 2007 ahead of the second quarter earnings on Friday.
BBs taking profit at 4.66 / 4.67
T39 (SPH)
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married deal 400,000@$4.62
If the market is good, even bad stocks will rise.
When the market is bad, even best stocks will drop.
Octavia ( Date: 07-Apr-2013 01:35) Posted:
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OCBC Investment on Friday recommended investors to take a long position on Singapore Press Holdings (SPH) and pair it with a short on StarHub, citing divestment gains shareholders can pick up if the listing of SPH's Reit (real estate investment trust) goes through.
OCBC analyst Eli Lee said: " From our calculations, we believe a SPH Reit listing scenario is realistic... Assuming SPH retains a 51 per cent stake in the Reit, we see potential divestment gains of S$625 million to S$744 million, or 39-46 Singapore cents per share.
" This could consequently lead to a special dividend and/or distribution in specie of Reit units for SPH shareholders."
Another reason is SPH's 63 basis-point dividend yield spread over StarHub, which he considers " attractive" .
SPH is displaying upside momentum and is poised to move higher from these level
Precisely otherwise it would not be this px.
student ( Date: 07-Apr-2013 00:27) Posted:
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This stock is looking good, but the market is bad.
Singapore Press Holdings Limited wishes to announce that it will release its financial results for the Second Quarter/Half-Year ended 28 February 2013 on Friday, 12 April 2013.
I buy bcos it is a defensive stock, good dividend play plus the company is going into Reit.Come May should have at least 6-7cents dividend same as for the past several years.Buy on dips if you are planning to jeep.
halleluyah ( Date: 05-Apr-2013 18:18) Posted:
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Bro Octavia, u r inside? Its a buy call frm OCBC wth tp 4.94 fair value. Support at 4.50. Hope will break 4.80 soon.
Octavia ( Date: 05-Apr-2013 17:07) Posted:
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True except that their Property Team always looks so stupid bidding much higher than the next highest bid.
Octavia ( Date: 05-Apr-2013 17:07) Posted:
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SPH BUZZ pte ltd has bid highest for a jln tek whye mini mart.
looks like they going aggressive with all the high spending buying and high price bidding to get locations for expansion .
good or bad ? time will tell.
SPH got muscle and is a defensive stock 
same, vested since 2009, finally see some decent profit. time to party.
Vested since 2009 and it is still uptrend
SPH acquiring online car portal sgCarmart for up to $60m (approx. 26x trailing P/E), which includes website's online vehicle classifieds site, car auction platform, online marketing site, service provider for car loans, insurance and settlement services. Group highlights that sgCarmart will have synergies with the existing ST701 online classifieds verticals and will add to the breadth of SPH's online classifieds portfolio. sgCarmart attracts ~2.2m visitors each month, and has ~10k listings. As a comparison, sgCarmart has FY11 earnings of $2.33m, revenues $5.5m SPH has FY11 earnings was $369.4m, revenues of $1.273b.
Singapore Press Holdings (SPH) today entered into a sale and purchase agreement to buy online car portal sgCarMart for up to S$60 million.
The deal includes sgCarMart's online vehicle classifieds site, car auction platform, online marketing site as well as its service provider for car loans, insurance and settlement services.
SPH, which owns online car portal STCars, will pay for the acquisition wholly in cash.
SG Daily: Singapore Press Holdings Opening Up More Possibilities Buy, TP $4.95 SPH’s confirmation of a retail REIT spin-off in its future adds another, more exciting dimension to the stock. This is just the first step in what is likely to turn out to be a multi-year value unlocking process. BUY SPH. We raise our Street-high target price to SGD4.95 after factoring in REIT benefits. We believe that the market has not yet fully factored the upside from property in the long term. We speculate that it could become more aggressive on the property front. We believe we are the first broker to highlight the possibility of potential partners that would address concerns that, as sponsor, it does not have a long enough tail of injectable assets, and extend SPH’s attraction as a property play to augment its waning media business. Prev Close: $4.41 |