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Singapore Press Holdings (SPH)
Broker's Calls
Digital ramp-up still key to SPH's medium term success, says OCBC
SINGAPORE (Apr 12): OCBC Investment Research is maintaining its “hold” with a slightly higher fair value of $2.52 from $2.51 previously, after adjusting its assumptions upwards for bottom-line growth contributions from the property segment.
April 12, 2018
Results
SPH 2Q earnings fall by a quarter to $40.2 mil even as losses for media business narrow
SINGAPORE (Apr 10): Singapore Press Holdings reported a 24.9% fall in 2Q18 earnings to $40.2 million from $53.5 million a year ago.
April 10, 2018
Broker's Calls
Has the market priced in SPH REIT's full acquisition potential?
SINGAPORE (Apr 9): CIMB, Maybank Kim Eng and OCBC are reiterating their “hold” calls on SPH REIT with unchanged target prices and a lower fair value of $1.06, $1 and $1.02, respectively.
April 09, 2018
M&A
mm2 partners SPH to operate lifestyle, entertainment and news portal
SINGAPORE (Mar 28): mm2 Asia announced that it has entered into a binding term sheet with Singapore Press Holdings (SPH) to establish a joint venture (JV) company to engage in digital editorial and video content creation.
March 28, 2018
SPH raises stake in Handshakes to 25% for $2.1 mil
SINGAPORE (Jan 31): Singapore Press Holdings is increasing its stake in Handshakes, the analytics platform that visually and interactively maps out relationships and events between companies and persons.
January 31, 2018
Broker's Calls
Singapore Press kept at 'hold' with $2.78 target even as ad sales fall slowest in 5 years
SINGAPORE (Jan 17): DBS Vickers is maintaining its "hold" on Singapore Press Holdings with a target price of $2.78 given 1Q18 earnings came in line with the house's expectations.
January 17, 2018
Tech
SPH and StarHub broadens strategic partnership
SINGAPORE (Jan 15): Singapore Press Holdings and StarHub on Monday announced that they will be renewing and deepening their strategic partnership for another two-year term, following a successful two-year collaboration.
January 15, 2018
Broker's Calls
Are there enough positive catalysts for SPH to see share price recovery?
SINGAPORE (Jan 15): UOB Kay Hian is maintaining its “sell” call on Singapore Press Holdings with an unchanged target price of $2.42.
January 15, 2018
Results
SPH posts higher 1Q earnings of $60.4 mil on investments income; media revenue drops 14%
SINGAPORE (Jan 12): Singapore Press Holdings reported 1Q18 earnings increased 32.1% to $60.4 million compared to $45.7 million in 1Q17.
January 12, 2018
Broker's Calls
SPH REIT to ride on expected retail uptick in FY18, say analysts
SINGAPORE (Jan 8): CIMB is reiterating its “hold” call on SPH REIT with an unchanged target price of $1.06, after the trust’s 1Q18 distribution per unit (DPU) came in within expectations at 23.8% of the research house’s forecast with a total retur
January 08, 2018