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Buradin Veteran	10-May-2021 09:01        Buradin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Exactly, same sentiments. hokpin      ( Date: 10-May-2021 08:27) Posted: Privatise the SPH is the best strategic review outcome that I think. Shareholder to receive back the compensation package. Media business spin off and all the related properties go to SPH Reit. Else, what is the difference between SPH (after media spin off) vs SPH Reit?  Buradin      ( Date: 10-May-2021 07:18) Posted: My gut feeling is SPH maybe delisted. Dont make sense for media arm to go out for free without proper accounting to shareholders. Hope subsequent weeks the real deal will be shared with us. Else i am sure this give away will not happen. No shareholders in the right mind will give this away for free.
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hokpin Supreme	10-May-2021 08:27        hokpin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Privatise the SPH is the best strategic review outcome that I think. Shareholder to receive back the compensation package. Media business spin off and all the related properties go to SPH Reit. Else, what is the difference between SPH (after media spin off) vs SPH Reit?  Buradin      ( Date: 10-May-2021 07:18) Posted: My gut feeling is SPH maybe delisted. Dont make sense for media arm to go out for free without proper accounting to shareholders. Hope subsequent weeks the real deal will be shared with us. Else i am sure this give away will not happen. No shareholders in the right mind will give this away for free. h.y.o.m      ( Date: 09-May-2021 23:00) Posted: Normally, when a company spins off a major business, shareholders will get something back from the sales proceeds. After all, we are owners of the business. In this case, we get nothing. It is actually worse than that. SPH is not selling the media business. SPH is giving away the media business and on top of that, giving away cash and some of her own shares to the new media entity. Not only are shareholders losing a core business without getting compensation. We have to pay extra for the loss. Furthermore, SPH will assume certain liabilities, cost and expenses potentially arising from the Proposed Restructuring. I do not know exactly what these liabilities and expense will be at this moment. It is a bad deal for shareholders. It does not look like a normal corporate restructuring deal. It looks more like a rich man paying expensive divorce fees. Is this " wife" really such a bad one? SPH' s investment portfolio of properties and stocks were bought using the cash thrown up by SPH media business during the good years. Without Singapore Press Holdings of the past, there won' t be any " Singapore Property Holdings" of today. Throughout its long history spanning a few decades, SPH' s media business has been profitable and only recorded its first-ever loss of SGD$11.4 million last year. It seems like this wife has been a wonderful partner throughout most of the marriage except in recent years. Is the husband getting too hasty in declaring divorce? As a customer of SPH media, I know the media products are not dead or even dying. I still read the news everyday. So does everyone else around me. Nobody I know has stopped reading the news. The product is still very much alive. As long as a business is creating a product that customers want, it will not die. What has changed is the medium of delivery from physical print to digital. New York Times, The Economist, Financial Times, Wall Street Journal, Washington Post are still surviving fine as private for-profit entities. In fact, the shares of New York Times (NYT) even traded at an all-time high just a few months ago. Temporary pain during the digital transition is expected naturally. Cutting off the business only after 1 year of losses seems premature to me. It is fair that shareholders who make bad investments lose money. The amount of loss should be fair. Since the media business is to be spun off, it is a reasonable request from shareholders that the business they own be sold off to recover some value and not be completely gifted away. As a Singaporean, I can understand the strategic importance of SPH' s media business to Singapore. As shareholders, the objective is to make money. Companies which are asked to do national service and demand monetary sacrifices from shareholders will naturally be shunned by shareholders. This is one reason for the 15% price drop on Friday(7May2021). Investors who bought SPH with the hope that its media business is on the road to recovery no longer has a good reason to hold the stock. Singapore Press Holdings has become Singapore Property Holding. Investors who are interested in property stocks have many alternatives to choose on SGX and HKSE. Several of them pay good dividends, trade at attractive discount to book value and have long experience in the property business. The new SPH has plenty of competition as a property play in the stock market. SPH enjoyed a price run-up since the beginning of 2021. The short-term minded traders who hopped on early for the ride will be looking for a reason to take profit. The announcement in the press briefing gave them the perfect reason to realize their profits. This group of profitable traders will be running for the exit when the market opens. This explains the crash of 15% on Friday. As a shareholder, whether to sell or not should be dependent on the reason he bought. Each one of us got to decide for ourselves. Better don' t ask anyone else. Ask ourselves.
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BillionX Senior	10-May-2021 08:09        BillionX About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is daylight robbery. And we as retail investors are given the finger!
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laksaman57 Supreme	10-May-2021 08:03        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	1) Sign the petition 2) Vote NO to restructuring h.y.o.m      ( Date: 09-May-2021 23:00) Posted: Normally, when a company spins off a major business, shareholders will get something back from the sales proceeds. After all, we are owners of the business. In this case, we get nothing. It is actually worse than that. SPH is not selling the media business. SPH is giving away the media business and on top of that, giving away cash and some of her own shares to the new media entity. Not only are shareholders losing a core business without getting compensation. We have to pay extra for the loss. Furthermore, SPH will assume certain liabilities, cost and expenses potentially arising from the Proposed Restructuring. I do not know exactly what these liabilities and expense will be at this moment. It is a bad deal for shareholders. It does not look like a normal corporate restructuring deal. It looks more like a rich man paying expensive divorce fees. Is this " wife" really such a bad one? SPH' s investment portfolio of properties and stocks were bought using the cash thrown up by SPH media business during the good years. Without Singapore Press Holdings of the past, there won' t be any " Singapore Property Holdings" of today. Throughout its long history spanning a few decades, SPH' s media business has been profitable and only recorded its first-ever loss of SGD$11.4 million last year. It seems like this wife has been a wonderful partner throughout most of the marriage except in recent years. Is the husband getting too hasty in declaring divorce? As a customer of SPH media, I know the media products are not dead or even dying. I still read the news everyday. So does everyone else around me. Nobody I know has stopped reading the news. The product is still very much alive. As long as a business is creating a product that customers want, it will not die. What has changed is the medium of delivery from physical print to digital. New York Times, The Economist, Financial Times, Wall Street Journal, Washington Post are still surviving fine as private for-profit entities. In fact, the shares of New York Times (NYT) even traded at an all-time high just a few months ago. Temporary pain during the digital transition is expected naturally. Cutting off the business only after 1 year of losses seems premature to me. It is fair that shareholders who make bad investments lose money. The amount of loss should be fair. Since the media business is to be spun off, it is a reasonable request from shareholders that the business they own be sold off to recover some value and not be completely gifted away. As a Singaporean, I can understand the strategic importance of SPH' s media business to Singapore. As shareholders, the objective is to make money. Companies which are asked to do national service and demand monetary sacrifices from shareholders will naturally be shunned by shareholders. This is one reason for the 15% price drop on Friday(7May2021). Investors who bought SPH with the hope that its media business is on the road to recovery no longer has a good reason to hold the stock. Singapore Press Holdings has become Singapore Property Holding. Investors who are interested in property stocks have many alternatives to choose on SGX and HKSE. Several of them pay good dividends, trade at attractive discount to book value and have long experience in the property business. The new SPH has plenty of competition as a property play in the stock market. SPH enjoyed a price run-up since the beginning of 2021. The short-term minded traders who hopped on early for the ride will be looking for a reason to take profit. The announcement in the press briefing gave them the perfect reason to realize their profits. This group of profitable traders will be running for the exit when the market opens. This explains the crash of 15% on Friday. As a shareholder, whether to sell or not should be dependent on the reason he bought. Each one of us got to decide for ourselves. Better don' t ask anyone else. Ask ourselves.
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investshare Supreme	10-May-2021 07:43        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Guys, put aside emotion, I think through this deal: 1. SPH media business is not a business or asset that it can dispose off as the rule is it cannot have substantial shareholders. This is fact since day 1. 2. Due to (1), this business is only meaningful to sph and shareholders if it generate profit and cash flow. 3. Due to 1 and 2, when it does not make money, Sph only have 2 choices, (a) part with it peacefully to an entity without substantial shareholders like what they propose now, (b) liquidate it and recover whatever remaining value. 4. I am initially favor for 3.b, to liquidate it. But after reading many comments against government support even for current deal, I realise that sph has moral obligation not to do so, as it has enjoyed monopoly for so long. 5. As such I would now support this deal. 6. The real problem here is (2), sph media should not appear on SPH asset in the first place. Welcome your input.
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Buradin Veteran	10-May-2021 07:18        Buradin About Contact  Quote this Post!
x 0   x 0  Alert Admin	My gut feeling is SPH maybe delisted. Dont make sense for media arm to go out for free without proper accounting to shareholders. Hope subsequent weeks the real deal will be shared with us. Else i am sure this give away will not happen. No shareholders in the right mind will give this away for free. h.y.o.m      ( Date: 09-May-2021 23:00) Posted: Normally, when a company spins off a major business, shareholders will get something back from the sales proceeds. After all, we are owners of the business. In this case, we get nothing. It is actually worse than that. SPH is not selling the media business. SPH is giving away the media business and on top of that, giving away cash and some of her own shares to the new media entity. Not only are shareholders losing a core business without getting compensation. We have to pay extra for the loss. Furthermore, SPH will assume certain liabilities, cost and expenses potentially arising from the Proposed Restructuring. I do not know exactly what these liabilities and expense will be at this moment. It is a bad deal for shareholders. It does not look like a normal corporate restructuring deal. It looks more like a rich man paying expensive divorce fees. Is this " wife" really such a bad one? SPH' s investment portfolio of properties and stocks were bought using the cash thrown up by SPH media business during the good years. Without Singapore Press Holdings of the past, there won' t be any " Singapore Property Holdings" of today. Throughout its long history spanning a few decades, SPH' s media business has been profitable and only recorded its first-ever loss of SGD$11.4 million last year. It seems like this wife has been a wonderful partner throughout most of the marriage except in recent years. Is the husband getting too hasty in declaring divorce? As a customer of SPH media, I know the media products are not dead or even dying. I still read the news everyday. So does everyone else around me. Nobody I know has stopped reading the news. The product is still very much alive. As long as a business is creating a product that customers want, it will not die. What has changed is the medium of delivery from physical print to digital. New York Times, The Economist, Financial Times, Wall Street Journal, Washington Post are still surviving fine as private for-profit entities. In fact, the shares of New York Times (NYT) even traded at an all-time high just a few months ago. Temporary pain during the digital transition is expected naturally. Cutting off the business only after 1 year of losses seems premature to me. It is fair that shareholders who make bad investments lose money. The amount of loss should be fair. Since the media business is to be spun off, it is a reasonable request from shareholders that the business they own be sold off to recover some value and not be completely gifted away. As a Singaporean, I can understand the strategic importance of SPH' s media business to Singapore. As shareholders, the objective is to make money. Companies which are asked to do national service and demand monetary sacrifices from shareholders will naturally be shunned by shareholders. This is one reason for the 15% price drop on Friday(7May2021). Investors who bought SPH with the hope that its media business is on the road to recovery no longer has a good reason to hold the stock. Singapore Press Holdings has become Singapore Property Holding. Investors who are interested in property stocks have many alternatives to choose on SGX and HKSE. Several of them pay good dividends, trade at attractive discount to book value and have long experience in the property business. The new SPH has plenty of competition as a property play in the stock market. SPH enjoyed a price run-up since the beginning of 2021. The short-term minded traders who hopped on early for the ride will be looking for a reason to take profit. The announcement in the press briefing gave them the perfect reason to realize their profits. This group of profitable traders will be running for the exit when the market opens. This explains the crash of 15% on Friday. As a shareholder, whether to sell or not should be dependent on the reason he bought. Each one of us got to decide for ourselves. Better don' t ask anyone else. Ask ourselves.
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h.y.o.m Member	09-May-2021 23:00        h.y.o.m About Contact  Quote this Post!
x 0   x 0  Alert Admin	Normally, when a company spins off a major business, shareholders will get something back from the sales proceeds. After all, we are owners of the business. In this case, we get nothing. It is actually worse than that. SPH is not selling the media business. SPH is giving away the media business and on top of that, giving away cash and some of her own shares to the new media entity. Not only are shareholders losing a core business without getting compensation. We have to pay extra for the loss. Furthermore, SPH will assume certain liabilities, cost and expenses potentially arising from the Proposed Restructuring. I do not know exactly what these liabilities and expense will be at this moment. It is a bad deal for shareholders. It does not look like a normal corporate restructuring deal. It looks more like a rich man paying expensive divorce fees. Is this " wife" really such a bad one? SPH' s investment portfolio of properties and stocks were bought using the cash thrown up by SPH media business during the good years. Without Singapore Press Holdings of the past, there won' t be any " Singapore Property Holdings" of today. Throughout its long history spanning a few decades, SPH' s media business has been profitable and only recorded its first-ever loss of SGD$11.4 million last year. It seems like this wife has been a wonderful partner throughout most of the marriage except in recent years. Is the husband getting too hasty in declaring divorce? As a customer of SPH media, I know the media products are not dead or even dying. I still read the news everyday. So does everyone else around me. Nobody I know has stopped reading the news. The product is still very much alive. As long as a business is creating a product that customers want, it will not die. What has changed is the medium of delivery from physical print to digital. New York Times, The Economist, Financial Times, Wall Street Journal, Washington Post are still surviving fine as private for-profit entities. In fact, the shares of New York Times (NYT) even traded at an all-time high just a few months ago. Temporary pain during the digital transition is expected naturally. Cutting off the business only after 1 year of losses seems premature to me. It is fair that shareholders who make bad investments lose money. The amount of loss should be fair. Since the media business is to be spun off, it is a reasonable request from shareholders that the business they own be sold off to recover some value and not be completely gifted away. As a Singaporean, I can understand the strategic importance of SPH' s media business to Singapore. As shareholders, the objective is to make money. Companies which are asked to do national service and demand monetary sacrifices from shareholders will naturally be shunned by shareholders. This is one reason for the 15% price drop on Friday(7May2021). Investors who bought SPH with the hope that its media business is on the road to recovery no longer has a good reason to hold the stock. Singapore Press Holdings has become Singapore Property Holding. Investors who are interested in property stocks have many alternatives to choose on SGX and HKSE. Several of them pay good dividends, trade at attractive discount to book value and have long experience in the property business. The new SPH has plenty of competition as a property play in the stock market. SPH enjoyed a price run-up since the beginning of 2021. The short-term minded traders who hopped on early for the ride will be looking for a reason to take profit. The announcement in the press briefing gave them the perfect reason to realize their profits. This group of profitable traders will be running for the exit when the market opens. This explains the crash of 15% on Friday. As a shareholder, whether to sell or not should be dependent on the reason he bought. Each one of us got to decide for ourselves. Better don' t ask anyone else. Ask ourselves.
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Farmer Master	09-May-2021 20:55        Farmer About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Well can remove another 10-15% off its publish nav I guess. Some one had estimated its final fair value to be ~$1.54 after media seperation. But the left over assets if being sold seperately may worth 10-15% higher at least.   laksaman57      ( Date: 09-May-2021 14:55) Posted: How much nav is left if goodwill & intangible are removed ? 🤔
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Zerocool888 Master	09-May-2021 20:00        Zerocool888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	They don' t need all these bs credentials one. The only credential they need is to be controlled like a puppet. Big brother behind is controlling everything.......hahaha. Generals are not there for show show only. These are the ones will listen to our big brother. We still live in a society that' s tighhly  controlled, especially media.  Starship      ( Date: 09-May-2021 16:53) Posted: The Public Reaction When I first watched the clip of the CEO&rsquo s heated response to the journalist, I honestly found it hilarious. How dare you! But I did not expect this to blow up into such a sensational issue. A lot has been said about the competency of having retired generals taking up roles in the private sector. My view is that it all boils down to corporate experience and culture. Take the example of Mr Chew Shouzi, the Singaporean who recently took over as the CEO of TikTok. Similar to our public sector scholars, Mr Chew has stellar academic credentials, earning his undergraduate degree at UCL, followed by a Havard MBA. Subsequently, his career path included a stint at Goldman Sachs as an investment banker in the Technology, Media & Telecommunications sector, followed by making partner at a leading Tech-focused venture capital fund. During his tenure as the CFO of Xiaomi, he led their IPO process in Hong Kong. In his most recent role, he was the CFO of ByteDance (Tik Tok&rsquo s parent company) before assuming the role of TikTok CEO. All round relevant experience in the Tech and Media sector. Now, if you could choose, what profile would you pick to be the CEO of SPH? Goldfinger      ( Date: 09-May-2021 16:04) Posted: Worth a read https://alpacainvestments.blogspot.com/2021/05/should-sph-shareholders-take-umbrage-at.html?m=1
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cucina Master	09-May-2021 18:12        cucina About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	I got in.   Thank you very much! Newlearner      ( Date: 09-May-2021 15:09) Posted: https://eresources.nlb.gov.sg/main/sphnewspapers cucina      ( Date: 09-May-2021 14:56) Posted: Hi Secret Squirrel, Hv never tried to read online at NLB website.  I went on the website but cant find the link.  Thanks to point out to me
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Goldfinger Supreme	09-May-2021 17:23        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	I signed. But, let us not be distracted by this Buffoon, by the greater and more pressing need for us to BLOCK THIS UNFAIR DEAL.  The Chairman and CEO can then go back to come up with a better and fairer deal to minorities Starship      ( Date: 09-May-2021 16:56) Posted: Online Petition link below​ Singaporeans take umbrage at SPH CEO' s boorish behaviour, demand his sacking https://www.change.org/p/the-board-of-singapore-press-holdings-singaporeans-take-umbrage-at-sph-ceo-s-behaviour
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leleguo Member	09-May-2021 17:23        leleguo About Contact  Quote this Post!
x 0   x 0  Alert Admin	General umbrage instead of bossing around, ought to learn the virtue of humility from the real and respected self-made big boss Lim Hock Chee of Sheng Siong.
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Starship Supreme	09-May-2021 16:56        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Online Petition link below​ Singaporeans take umbrage at SPH CEO' s boorish behaviour, demand his sacking https://www.change.org/p/the-board-of-singapore-press-holdings-singaporeans-take-umbrage-at-sph-ceo-s-behaviour
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Starship Supreme	09-May-2021 16:53        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Public Reaction When I first watched the clip of the CEO&rsquo s heated response to the journalist, I honestly found it hilarious. How dare you! But I did not expect this to blow up into such a sensational issue. A lot has been said about the competency of having retired generals taking up roles in the private sector. My view is that it all boils down to corporate experience and culture. Take the example of Mr Chew Shouzi, the Singaporean who recently took over as the CEO of TikTok. Similar to our public sector scholars, Mr Chew has stellar academic credentials, earning his undergraduate degree at UCL, followed by a Havard MBA. Subsequently, his career path included a stint at Goldman Sachs as an investment banker in the Technology, Media & Telecommunications sector, followed by making partner at a leading Tech-focused venture capital fund. During his tenure as the CFO of Xiaomi, he led their IPO process in Hong Kong. In his most recent role, he was the CFO of ByteDance (Tik Tok&rsquo s parent company) before assuming the role of TikTok CEO. All round relevant experience in the Tech and Media sector. Now, if you could choose, what profile would you pick to be the CEO of SPH? Goldfinger      ( Date: 09-May-2021 16:04) Posted: Worth a read https://alpacainvestments.blogspot.com/2021/05/should-sph-shareholders-take-umbrage-at.html?m=1
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Goldfinger Supreme	09-May-2021 16:04        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Worth a read https://alpacainvestments.blogspot.com/2021/05/should-sph-shareholders-take-umbrage-at.html?m=1
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bishan22 Supreme	09-May-2021 15:45        bishan22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It's free access to all pages...save the trees... Newlearner      ( Date: 09-May-2021 15:09) Posted: https://eresources.nlb.gov.sg/main/sphnewspapers cucina      ( Date: 09-May-2021 14:56) Posted: Hi Secret Squirrel, Hv never tried to read online at NLB website.  I went on the website but cant find the link.  Thanks to point out to me
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Newlearner Veteran	09-May-2021 15:09        Newlearner About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://eresources.nlb.gov.sg/main/sphnewspapers cucina      ( Date: 09-May-2021 14:56) Posted: Hi Secret Squirrel, Hv never tried to read online at NLB website.  I went on the website but cant find the link.  Thanks to point out to me. Secret_Squirrel      ( Date: 09-May-2021 12:14) Posted: Anyway who is buying newspaper these days. I don' t buy physical newspaper these days. Just go to NLB to view the e-newspaper (with touch screen)  OR You can also log on to NLB website at home (your PC/laptop/tablet)  and view the Straitstimes and Business time
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cucina Master	09-May-2021 14:56        cucina About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Hi Secret Squirrel, Hv never tried to read online at NLB website.  I went on the website but cant find the link.  Thanks to point out to me. Secret_Squirrel      ( Date: 09-May-2021 12:14) Posted: Anyway who is buying newspaper these days. I don' t buy physical newspaper these days. Just go to NLB to view the e-newspaper (with touch screen)  OR You can also log on to NLB website at home (your PC/laptop/tablet)  and view the Straitstimes and Business times laksaman57      ( Date: 09-May-2021 11:49) Posted: Take a deeper breath before mkt open tomolo
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laksaman57 Supreme	09-May-2021 14:55        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	How much nav is left if goodwill & intangible are removed ? 🤔
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laksaman57 Supreme	09-May-2021 14:50        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	How much of nav are just goodwill value ? Farmer      ( Date: 09-May-2021 14:30) Posted: Unless there is positive news release, immediate support of $1.51 will be weak. Next support range will be 1.40 - 1.37 close to its revise nav of 2.08*0.65x which coincide with Dbs Tp of 1.35.
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