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Singapore eDev
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JessTrang
Veteran |
29-Jun-2021 23:35
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Share price went up from 1.52 because investors buy in the idea to remove the tumor(media business which is going to lose money yearly). If this egm don' t go through, most likely the share price will drop to below 1.52. Do you want share price to go up or down? 有 舍 才 有 得
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Embargozz
Member |
29-Jun-2021 23:05
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If the EGM does not go through, I believe the share price will drop more, probably back to square one. However I believe that in order to get shareholder support on the egm, management might give some goodies or reveal the strategic review of the other aspects of the company. Let' s press on and see how the share prices go. Buy Low, sell high . Good luck guys 
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Goldfinger
Supreme |
29-Jun-2021 22:39
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We need to block and stop the cheap media giveaway nonetheless
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n3wbie
Elite |
29-Jun-2021 21:48
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Agree - had checked their Annual Report and there is no Temasek ownership in SPH. They are governed by the Newspaper Act so no single shareholder can own more than 5% without the approval of the Minister. This also makes it difficult for them to do any fund raising via the capital market, be it rights issue, placement etc. Think that was one of the reasons they cited as part of this proposed restructuring to have that financial flexibility going forward. 
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Richardlai
Master |
28-Jun-2021 16:19
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I think the annoucement mentioned gearing around 30% but SPH does have a lot of assets and investments. | ||||||||
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Embargozz
Member |
28-Jun-2021 11:31
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SPH is not owned by TH. it is owned majority 88+% by retail investors, which is you and me. SPH have never issue right issue this decade and i dont think it will do that as the company is still cash rich according to reports. In the last annoucement, they mentioned strategic review is not limited to " MEDIA" . i believe good news coming in the next few weeks. Time to load up. " buy low, sell high."   TP up to 2.19, now is only 1.74, huge discount....... dont buy when it is peak, buy when it is low. https://www.businesstimes.com.sg/companies-markets/brokers-take-cgs-cimb-says-sph-could-see-new-substantial-shareholder-unlock-assets
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PhillipTan
Supreme |
28-Jun-2021 10:45
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Didn' t know TH is invested in SPH
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Richardlai
Master |
28-Jun-2021 10:21
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Know the way things are run by Temasek owned companies like Semcorp Marine,  hope they are not planning for another rights issue to repay debts. | ||||||||
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Embargozz
Member |
28-Jun-2021 10:19
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Looking at the price. I think it is the best time to collect. As mentioned, July to august is the EGM. I believe good news will be coming soon. Press on guys . | ||||||||
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coolbear123
Senior |
27-Jun-2021 18:16
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More painful now?
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n3wbie
Elite |
27-Jun-2021 17:36
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Shows that advertisers are also moving away from traditional media to spending more on social and digital media platforms.
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kepoh88
Veteran |
26-Jun-2021 15:08
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Waiting for right time to go in... | ||||||||
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des_khor
Supreme |
26-Jun-2021 09:23
Yells: "Tell me who is God or Market Fortune Teller in this forum ??" |
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Third weeks no COURTS advertisement . | ||||||||
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Fintech
Senior |
25-Jun-2021 18:28
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Open price 1.79 today - Matched 2.21 - Future
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n3wbie
Elite |
25-Jun-2021 09:29
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Thanks, it is quite hard to understand the basis for the bullish sentiment, be it fundamental or TA point of view. My personal take is until the company comes out to share more about the new direction, this stock will likely trade sideways.
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PhillipTan
Supreme |
25-Jun-2021 09:26
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That guy is just talking to himself here I think nobody knows what he is posting
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Fintech
Senior |
24-Jun-2021 18:08
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SPH 1.79 - 2.21 |
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n3wbie
Elite |
23-Jun-2021 22:03
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Is this based on TA? If so, mind sharing which model/basis? Thanks.
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Fintech
Senior |
23-Jun-2021 19:19
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Mark 2.18 2nd Mark 2.30
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Fintech
Senior |
22-Jun-2021 17:28
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SPH 1.78 - 2.18 |
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