what is the edge here. does it mean that their new revenue stream is to sue people. The fact is that Yahoo will now be more prudent to find alternative sources.
the more pressing thing is that people nowadays don't consume so much detailed information. whenever i can i surveyed friends and colleagues no one have ordered newspapers and digital copy anymore. i wonder why the circulation numbers are still as high.
many find that the today papers a success because the readers don't have to pay for it and the standard of journalism is just ok. for those viewpoints they get from external sources like Financial times, guardian and new york times.
that may be a little revenue stream they are looking at
(12-08-2012, 10:36 AM)Drizzt Wrote: [ -> ]the more pressing thing is that people nowadays don't consume so much detailed information. whenever i can i surveyed friends and colleagues no one have ordered newspapers and digital copy anymore. i wonder why the circulation numbers are still as high.
Theoretically, with the higher population now than ten years ago, we should see a corresponding increase in circulation numbers or at least a growing circulation number.
But.....
In 2001, the daily circulation of ST is 388728.http://www.sph.com.sg/pdf/annualreport/2001/6operations.pdf
In 2011,the daily circulation of ST is 354,654.http://www.sph.com.sg/pdf/annualreport/2011/SPHAR2011.pdf
So, if there is no growth in population, I think the current circulation figure is likely to drop by half from 2001 figure.
But, there are other interesting comparison as well.
Shinmin daily and Tamil Murasu show increase in circulation. I suppose the reason is obvious
(12-08-2012, 10:36 AM)Drizzt Wrote: [ -> ]what is the edge here. does it mean that their new revenue stream is to sue people. The fact is that Yahoo will now be more prudent to find alternative sources.
If yahoo can find alternative sources, it will not publish the articles even after entering negotiation with SPH on copyright issue before the law suit
The edge is less people to use the SPH article freely, and more willing to pay for it, if commercially viable
(12-08-2012, 10:36 AM)Drizzt Wrote: [ -> ]the more pressing thing is that people nowadays don't consume so much detailed information. whenever i can i surveyed friends and colleagues no one have ordered newspapers and digital copy anymore. i wonder why the circulation numbers are still as high.
Does it sound a re-assessment needed with the in-consistence of your assumption and real circulation numbers?
(12-08-2012, 10:36 AM)Drizzt Wrote: [ -> ]many find that the today papers a success because the readers don't have to pay for it and the standard of journalism is just ok. for those viewpoints they get from external sources like Financial times, guardian and new york times.
that may be a little revenue stream they are looking at
To accuse TODAY plagiarizing viewpoint from other source, might need sufficient back-up before running-into trouble.
(12-08-2012, 10:36 AM)Drizzt Wrote: [ -> ]what is the edge here. does it mean that their new revenue stream is to sue people.
Don't tell me the recent increase in SPH share is due to this lawsuit??
The circulation increase when they give subscription offers WITH OTO free gifts... 4000 signed up. $200+ for a 1 or 2 year subscription... Of course it's a good deal...
Without the OTO free gift... how many will sign up???
Ya lol!
For 4 or 5 days i have a chance to sell some lots at $4.11-the new high.
But i was greedy then.
i manage to sell some only at $4.09.
i am still trying to sell some at $4.11
i am still greedy lol!
Sold out 2 weeks ago.
Without new catalyst, there is limited upside.
I had substantially reduced my holding of SPH recently, as part of the "rotating" strategy for my anchor stocks.
I do agree that there is limited up-side with the current price. I will increase the holding once the price fall back to my target price
(26-08-2012, 09:50 PM)CityFarmer Wrote: [ -> ]I had substantially reduced my holding of SPH recently, as part of the "rotating" strategy for my anchor stocks.
I do agree that there is limited up-side with the current price. I will increase the holding once the price fall back to my target price
FY end is Aug, results was on 12-Oct last year and DPS = 17ct. From the 3Qs result so far, the DPS will likely be very similar, assuming the same payout rate.
With STI still hovering between 3000-3100, SPH share price may be well supported heading towards Oct and there may be a small upside cos' of the DPS to be announced.
I doubt we're going to see the $3.6x levels unless there's a market correction. If I have any spare funds, my Buy target would now be $3.8x and even $3.9x as we approach closer to Oct, assuming STI remains at current levels. Any drops, then adjust target price accordingly...