Singapore Press Holdings (SPH)

[Some-one]

It's a Monopoly. How do we value that?

Do you mean how to value the business? It is a monopoly in Singapore because there is only one newspaper company in Singapore. They can raise the price as and when they want and people would still have to suck thumb and buy their newspaper for their daily dosage of news.

While some may argue that the online world is taking the print business by storm but do not forget there are still a lot of uncles and aunties who buy Lianhe Wanbao, Sin Ming Ri Bao to read the news. Even for me, I still prefer the print version instead of the online version. I read Business Times, Straits Times and I use shareinvestor as well.

As somebody rightly points out, they are also involved in the the OpenNet Fibre Broadband and they develop the Straits Times Index and most of the major indices with other companies. They are also part owner of MediaCorp and some radio stations. How would such a business disappears in 20 years time?