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What he knows more or who he knows more ?

The declining media business (and share price) of SPH got me looking into its financials recently.

Its Annual Report 2016 on page 160 shows that it had $623m of investments under non-current assets. $506m of these are equity securities and $108m are investment funds. What are these equities and investment funds?

It also had $358m of investments under current assets. $319m being investment funds, while $38m are bonds. What are these investment funds and bonds?

For equities, I know sph invested in iFAST pre-ipo as well as sgcarmart and the likes. You can also Google to search for their investments.

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SPH will expand aggressively into property development and owning properties with recurring incomes.
it's the only way for such a co. at the moment!

buy-buy-buy!!

(23-06-2017, 04:41 PM)brattzz Wrote: [ -> ]SPH will expand aggressively into property development and owning properties with recurring incomes.
it's the only way for such a co. at the moment!

buy-buy-buy!!

Ha! Ha!

Serious?

Do you want to say Bye, bye bye?

Actually if the price is right(Aka value), this company is still viable to buy.

New CEO lei...... Hmm....???

While the price has generally been falling, it seems that the long-term prospects of the media business is falling faster. Even if you control 100% of a market, it doesn't make economic sense to buy into the business if that market is shrinking.

The assets which I will prefer to place greater emphasis when valuing SPH will be its real estate and 'investments.'

it's already known as Singapore Property Holdings liao, media biz is just a distraction,

3Q17 results show SPH's media business continue to decline with 16.2% lower fees from advertising compared to a year ago:

http://infopub.sgx.com/FileOpen/SPH%20-%...eID=461615

While media has declined, what is interesting is how the property segment continues to impress with revised upward valuations of the property. It seems the property boom in Singapore is not dying yet, but still growing with higher valuations of property apprised by our valuers.

Rentals for retail outlets are still rising as evident by SPHreit's results despite the supposedly gloom of the retail scene. Maybe it is because we have rich NSFs who are still able to afford the luxury priced items on display.

It is no wonder that many hold the belief the value of Singapore's property is that of a one way trajectory

Share price keep heading south , investors have no confidence in the business model or the management ?