SPH   

SPH

Stock options are given FOC.  I don't mind having them.  With paragon, sky & other in line, I agreed with those folks who are saying its' 5+.  Will catch attention when it is excessively undervalued.  But smart investors have to catch it before it move further up.

 

I pity their staff who are given stock options...let's hope it will catch up soon

 

Peak above $5 in 2006 where the STI is the mid 2000, it's really one of worst performing pty related blue chips

 

SPH should be nicknamed as Slow Progress Holding:)

 

Somehow mkt does not pick up several brokerages' recommendation/tp of $5+ for this counter. Consolation seems to be the relatively high volumes and forthcoming financial result announcement (special dividend hopefully). Fingers crossed... 

 

there was a married deal of ~800K lot @ 4.6 that caused the price to drop so sudden. there is no alarm, i believ tomor the price will go up again 

 

You are right. Minireddot. SPH has done very well.Good fundamental. Just don't know what hinder it?

 

That's why the stock market is often so frustrating...

If one makes big money, it is mainly because one is lucky.

 

to move 2 cents up and breakthru 4.70 is so difficult...but a drop of 10c today is so easy...disappointed when rest of blue chips are heading north...not sure what concoction is this? 

 

SPH?s share price has had a good run over
the last one month on the back of the
successful launch of Sky@eleven. As this
is a one-off property development project by
SPH, the market?s focus on the stock at
some point will return to its core newspaper
business.
Advertising revenue growth in Dec 06 was
weak. Our page-counts of The Straits Times
suggest a marginal growth of 2.5% yoy in
total advertising volume, though recruitment
ad volume showed a strong growth of 17.8%.
Display ad volume remained weak (a
contraction of about 0.4%) and continued to
be a drag on overall advertsing volume.
Our page-counts suggest a strong
advertising revenue growth of 16.3% in Jan
07, supported by a growth of 25.0%, 29.9%
and 11.7% in recruitment, classified an
display ad volume, respectively. Jan 07?s
strong growth was purely seasonal and, as a
result of a low base in Jan 06, was distorted
by the Lunar New Year season, which was in
January last year vs February this year.
As long as its core business? growth is still
weak, SPH is at best a yield play. Net
dividend yield is forecast to rise from 5.1% in
FY06 to 5.5% in FY07 and 6.4% in FY08
and FY09 because of earnings contributions
from Sky@eleven. With the current share
price at a mere 5.1% discount to our sum-ofthe-
parts valuation of S$4.95/share, our
recommendation on SPH remains a HOLD.

 

still have some overhanging stocks to clear, once cleared it will move up fast to analyst's TP [all above 5]. To speed up this process, gd news like eg, capital reduction/cash return will help.

 

Looks like it may uptrend slowly

 

share price move will only come in significantly prior to its FY result announcement.....some weeks to go...but p.t. of $5.20 is certainly achievable...

 

SPH is a snail,.. it has a big paragon as a shell. very heavy... unable to run,.. but crawling up slowly and gradually...

 

Don't worry !  Slow and steady

 

Hey, any idea why SPH didnt go up ?

 

looking at the chart, we see 2 consolidation phases from beginning of the year, 4.5-4.6 and 4.65 to 4.75, it is clearly an uptrend. Let's see it move up to>5 soon. I m still holding to it, will consider selling if >5.

 

Dear Readers,

总的来说, 多买吧 !!!

 

oops typo error tp shud be 5.50 iso 4.50

 

oops typo error tp shud be 5.50 iso 4.50