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yeah yeah, yesterday I was thinking of cumulate more cheap cheap SPH into my stack before Dec rally of this counter =)
hope those who is lossing faith will sell it cheap cheap for peoples to collect =)
hope those who is lossing faith will sell it cheap cheap for peoples to collect =)
Come on guys, let have faith at our national paper and Tony Tan. I sure with his experience and connections...SPH will move northwards. I am staying and expecting it to reach S$4.84 by end year....ha ha
that will mean losing $170 per lot if i sell now, what the heck, i will queue to sell at $4.28.
We have to face the fact because the fact is staring at us. Wishing it otherwise will not do.
Now the price is 4.24. It a good time for those who bought recently to exit. Complaining about the situation is not going to make us wealthier. Take your money and invest in some other counters which u think is better. [ I don't mean to cause offence, really]
starting to move into 2nd gear now!
Tony Tan is the third Chairman of SPH after Lim Kim San and Lim Chin Beng. If I am not mistaken, SPH was prospering under the charge of the two previous Chairmen.
Tony has been the Chairman of SPH for about a year and the honey moon period should be over. As a former Deputy Prime Minister, Finance Minister etc., he should be sensing the economic danger facing SPH. Now is the time to kick some butts.
Action Tony, Action
Tony has been the Chairman of SPH for about a year and the honey moon period should be over. As a former Deputy Prime Minister, Finance Minister etc., he should be sensing the economic danger facing SPH. Now is the time to kick some butts.
Action Tony, Action
the beauty of this counter is that when every one is tapping along with the bull it will shy away... but when bear is abt to come then it will just show up.
Alan Chan sold another 188 lots @ 4.18.
Now, this move implies to me that he does not have much confidence in the future price appreciation of SPH....ths despite pending 17cts divident.
Most companies will not go through the painful revamp process unless there are pressing external factors to do so. SPH enjoys a near monopoly on print media in Singapore and unless some competition is injected into this industry, I don't think they will change the way they do things.
Yeah Incirent I agree with you that the CEO is
does not deserve the reward. To stay on top of the edge, SPH need revamp!!!!
SPH is on a downtrend now. most indicators are heading south.
Stock option is a way of rewarding a CEO. The advertising revenue is down, investment in M1 is down and SPH stock price is down 10%. I see no reason why Alan should be rewarded for the mediocre performance that he is putting up.
It is time for change so that new idea will help to rejuvenate the company. With the monopoly of the media industry in Singapore, SPH staff there feel very cosy with their present positions. This kind of situation breeds complacency. It is time to have a new CEO to jolt the company out of this dangerous situation.
CEO Alan Chan just sold 150lots @ 4.16. This is 23% of the share option exercised last week (657,500 shares).
It is probably to raise funds to pay for tax on his options. No worries.
looking forward to collecting $170X3= $510 KOPI $$$.
Does anyone know when is the next SPH AGM?
Does anyone know when is the next SPH AGM?
it is true that sph should not charge to access to online straitstimes. If you only care about the domestic news, you can go to todayonline, if you want to know what happen to the rest of world, nytimes and washingtonpost are free to surf and read, whay both st online? it is really a time to change its management team to more capable guys, the best justfication is its share under performance compared to the st index in the same period of time.
that is why Robinson and Co need to has a new Chairman.
Though I am not in Singapore physically but I do look up the electronic Straits Times once in a while and it was free.
However, SPh started to levy a charge of S$120 per year for anyone who wishes to access its (SPH) website. I paid the $120 for one year but at the end of that year, I stopped the subscription.
Very often, I questioned myself. Why should I pay $120 just to read some of the common news, mainly Singapore news. I can read those news free of charge from newspapers and magazines from Malaysia, Hong Kong, China and also the US. Moneywise, S$120 per year is not that significant, it is the principle.
I believe that this policy may help to earn some additional revenue but it will chase away readers like me. With a shrinking pool of readership, there is less incentive for companies to advertise in SPH products.
Just look at Google. It pays more than 1 billion dollars to acquite Yutube and Yutube allow anyone to access its website free of charge. It attracted 3 million readers and companies are flooding the website with advertisements.
AR (Advertisement Revenue) is the principal source of income for SPH. For the past year SPH's advertising revenue is falling.
This brings me back to the question of the thinking of the CEO. Did he think through the new policy thoroughly before putting it into action?
I still think that SPH needs "new Blood" to rejuvenate and also to add new vibrancy to the company.
What do you all think?
However, SPh started to levy a charge of S$120 per year for anyone who wishes to access its (SPH) website. I paid the $120 for one year but at the end of that year, I stopped the subscription.
Very often, I questioned myself. Why should I pay $120 just to read some of the common news, mainly Singapore news. I can read those news free of charge from newspapers and magazines from Malaysia, Hong Kong, China and also the US. Moneywise, S$120 per year is not that significant, it is the principle.
I believe that this policy may help to earn some additional revenue but it will chase away readers like me. With a shrinking pool of readership, there is less incentive for companies to advertise in SPH products.
Just look at Google. It pays more than 1 billion dollars to acquite Yutube and Yutube allow anyone to access its website free of charge. It attracted 3 million readers and companies are flooding the website with advertisements.
AR (Advertisement Revenue) is the principal source of income for SPH. For the past year SPH's advertising revenue is falling.
This brings me back to the question of the thinking of the CEO. Did he think through the new policy thoroughly before putting it into action?
I still think that SPH needs "new Blood" to rejuvenate and also to add new vibrancy to the company.
What do you all think?
Though I am not in Singapore physically but I do look up the electronic Straits Times once in a while and it was free.
However, SPh started to levy a charge of S$120 per year for anyone who wishes to access its (SPH) website. I paid the $120 for one year but at the end of that year, I stopped the subscription.
Very often, I questioned myself. Why should I pay $120 just to read some of the common news, mainly Singapore news. I can read those news free of charge from newspapers and magazines from Malaysia, Hong Kong, China and also the US. Moneywise, S$120 per year is not that significant, it is the principle.
I believe that this policy may help to earn some additional revenue but it will chase away readers like me. With a shrinking pool of readership, there is less incentive for companies to advertise in SPH products.
Just look at Google. It pays more than 1 billion dollars to acquite Yutube and Yutube allow anyone to access its website free of charge. It attracted 3 million readers and companies are flooding the website with advertisements.
AR (Advertisement Revenue) is the principal source of income for SPH. For the past year SPH's advertising revenue is falling.
This brings me back to the question of the thinking of the CEO. Did he think through the new policy thoroughly before putting it into action?
I still think that SPH needs "new Blood" to rejuvenate and also to add new vibrancy to the company.
What do you all think?
However, SPh started to levy a charge of S$120 per year for anyone who wishes to access its (SPH) website. I paid the $120 for one year but at the end of that year, I stopped the subscription.
Very often, I questioned myself. Why should I pay $120 just to read some of the common news, mainly Singapore news. I can read those news free of charge from newspapers and magazines from Malaysia, Hong Kong, China and also the US. Moneywise, S$120 per year is not that significant, it is the principle.
I believe that this policy may help to earn some additional revenue but it will chase away readers like me. With a shrinking pool of readership, there is less incentive for companies to advertise in SPH products.
Just look at Google. It pays more than 1 billion dollars to acquite Yutube and Yutube allow anyone to access its website free of charge. It attracted 3 million readers and companies are flooding the website with advertisements.
AR (Advertisement Revenue) is the principal source of income for SPH. For the past year SPH's advertising revenue is falling.
This brings me back to the question of the thinking of the CEO. Did he think through the new policy thoroughly before putting it into action?
I still think that SPH needs "new Blood" to rejuvenate and also to add new vibrancy to the company.
What do you all think?