SPH   

SPH

SPH is so well established that it becomes a bit complacent. SPH stock is down by 10% comparing with the price a year ago yet no remedial action is taken.

From information disseminated by SPH through its official website, it appears that the Management staff are being very well taken care of.

Exercising the option to buy 637500 SPH shares @$3.69 per ahre will make the CEO richer by at least $300,000

Since the Top Dog is so well taken care of, why is he not looking after the interest of the stock holders? Why is SPH down by 10%?

The monopoly of the news media in Singapore is making SPH too complacent. I see no vibrancy in SPH. Isn't it time to call for change? Change will inject new ideas into the company

As Chairman of SPH, I hope he will access forums like this so as to get some feedback and also to gauge the public opinion about how SPH is being managed.

 

Well there is no doubt abt Tony Tan ability.

But just for the benefit for the share holder, is importance to keep investing in sustainable growth business. M1 currently losing it mkt share day by day mean SPH investment is depreciating inch by inch. 

 

Hi incirent,

usually the company CEO will only take load or off load when the mkt sentiment is low and not much news is on going.. so peoples will not big mouth here and there.... so once the insider trans is complete for a while and the water is calm down then that the time for the show time =)

 

I've hold SPH generally for more then 1 & half yrs now.
hope the big fat div will come someday, maybe next yrs =)

 

These stock gurus are nuts. I bought SPH at $.4.43 and that was 1 year ago. During that time, those nuts were predicting that SPH could go up to $5.40.

 

I read that someone had a 1y target of 4.90 for SPH

 

I just follow the trend... so if the trend changes in a few days or weeks, I will execute the trade. Recently, I cut loss on ST Engineering after holding it for a week. Signals suddenly changed and I bail out.

Luckily only lost out on brokerage fees.

 

It depends on the actual price you paid for the shares. If you are making money, it is time to cut and run otherwise, you have not that many choices except to grab the dividend of 17 cents and wait.

 

Maybe... but a year's time is too long for me. My trading timeframe is in weeks.

 

My guess is that he is buying at a low price and there might be something coming up in the future

If you are willing to hold onto SPH, it might reward you handsomely, may be, in a year's time.

 

From TA outlook, SPH is downtrending now.

This seems to conflict with this insider trades. Not sure what to make of this.

 

Alan Chan Heng Loon added an additional 637500 SPH shares through exercising his option at a net price of $3.69 (not including broker fees, stamp duties etc)

His present holding is 39500 + 637500 = 677000

What do you think of this transaction?

 

Hi incirent, at what price the CEO exercised his option?

 

Tony Tan is calling the shot. He was once the finance minister of Singapore and therefore, he should know very well the math of making a company successful. Person of his stature should be able to move SPH forward without any hindrance. It is a matter of will. I have faith in him but it will take time.

One of the methods used by mediocre conglomerate is to divest its non core interests just like the Singapore Government requiring all banks to divest their non core businesses by a certain date.

M1 and Starhub should be divested and at the same time retain the Paragon and also, the move to build a high end condo and not just sell the land is a smart move.

 

did anyone of you know that the CEO (Chan) exercised his option to buy a huge chunk of SPH yesterday? 

 

thx incirent, welll for sure SPH is one of the most defensive laggards Singapore conglomerates at the moment, but I'm still vested =)

SPH feature strong earnings visibility with  exposure to utilities, strength in the property sector, and ``limited'' upside Telco sector like M1.

Maybe SPH should really devest away all tis ``limited'' upside investment, revemp and venture into something else.

 

incirent,

Thank you.

 

SPH has a 14% interest in M1 and less than 1% in Starhub. If the share price of M1 is down, it will affect negatively SPH's shares

 

yongjiu,

What has M1 got to do with SPH? What is the connection?

Thanks

 

The laggard king holding the straggler.
Oct. 19 (Bloomberg) -- MobileOne Ltd., the smallest of Singapore's three mobile-phone operators, was downgraded to ``hold'' by ABN Amro Holding NV after the company reported a profit decline and on ``limited'' upside to the stock price.

``The stock may be susceptible to weakness stemming from the poor 3Q06 results,'' according to an ABN Amro report dated
yesterday. ABN Amro cut the stock from ``buy'' and kept the target price of S$2.30.