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Singapore Press Holdings (SPH)
Broker's Calls
Maybank 'negative' on retail REITs with Frasers Centrepoint Trust as top pick
SINGAPORE (Jan 2): Maybank Kim Eng is initiating coverage on Singapore’s retail REIT sector with a “negative” rating on the belief that rising rates, peak new supply in 2018 and fair valuations should restrain near-term price upside.
January 02, 2018
Broker's Calls
SPH's declining pagecount portends grim FY18 outlook, says UOB
SINGAPORE (Dec 5): UOB Kay Hian is maintaining its “sell” call on Singapore Press Holdings (SPH) while raising its target price on the stock to $2.42 from $2.38 previously to incorporate MindChamps into its valuations.
December 05, 2017
Commentary
IPO boom feeds corporates. Will it benefit investors?
SINGAPORE (Dec 4): After a stellar performance in its first year as a publicly listed company, spray paint maker Samurai 2K Aerosol is raising more money at a valuation some five times above its IPO price. The Malaysian company, which makes coatings for t
December 04, 2017
Right Timing
Right timing: Midas is short-term oversold; STI's uptrend intact
SINGAPORE (Nov 24): Here are some charts for our technical analysis this week:
November 24, 2017
M&A
SPH raises stake in MindChamps Preschool
SINGAPORE (Nov 10): Singapore Press Holdings is increasing its stake in MindChamps Preschool.
November 10, 2017
M&A
SPH acquires additional 3.33% stake in Perennial Chinatown Point
SINGAPORE (Nov 3): Singapore Press Holdings and Perennial Real Estate are increasing their respective stake in Chinatown Point retail mall.
November 03, 2017
Broker's Calls
SPH downgraded to ‘hold’ following stock price rebound
SINGAPORE (Oct 13): OCBC is downgrading Singapore Press Holdings to “hold” with $2.93 target price after its stock price rebounded following a “buy” upgrade by the research house three weeks ago.
October 13, 2017
Broker's Calls
Can SPH's job cuts save its battered media business?
SINGAPORE (Oct 12): Singapore Press Holdings is hastening its restructuring plans, amid a 13% decline in revenue from its core media business in FY2017.
October 12, 2017
Results
SPH full-year earnings up 32% to $350.1 mil on one-off gains; revenue down 8.2%
SINGAPORE (Oct 11): Singapore Press Holdings (SPH) reported earnings of $350.1 million for the FY17 ended August, an improvement of 32% from $265.3 million a year ago.
October 11, 2017
Broker's Calls
Time to 'buy' SPH after stock oversold, says OCBC
SINGAPORE (Sept 21): OCBC Investment Research is upgrading its call on Singapore Press Holdings (SPH) to “buy” from “hold” previously on valuation grounds, with an unchanged fair value estimate of $3.25.
September 21, 2017