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Singapore Press Holdings (SPH)
Broker's Calls
Broker's Digest: Pan-United Corp, CICT, CDG, Shangri-La Asia, Q&M Dental, SPH
See the analysts' recommendations and target prices here.
April 01, 2021
Broker's Calls
Analysts positive on SPH's 1H21 results and strategic review, CGS-CIMB upgrades to 'add'
SPH's 1H21 earnings exceeded expectations.
March 31, 2021
Results
SPH to undergo strategic review of business after non-media segment boosts 1H21 results
The company posted a 26.1% y-o-y growth in earnings to $97.9 mil for the 1HFY2021.
March 30, 2021
Broker's Calls
UOB Kay Hian upgrades SPH to 'buy' as property assets pave the way to recovery
The target price has been upped to $1.74 from $1.22 previously.
March 30, 2021
Right Timing
Interest in SPH driven by technical breakout, future REIT IPO and STI tests 2020 high
SIA is likely to progressively move higher over the next several weeks. SPH is attracting interest because it plans a REIT IPO
March 05, 2021
Company in the news
SPH holds 0.1% stake in Coupang which is poised for IPO with valuation of US$50 bil
This means SPH’s stake is equivalent to around US$50 million, or 3.14 US cents (4.18 cents) per share.
February 27, 2021
Right Timing
Continued rotational interest buoys selected stocks
SPH has broken out of a multi month base setting an upside of $1.60. The STI on the other looks unexciting.
February 26, 2021
M&A
Temasek and SPH merge MICE subsidiaries, SingEx Holdings and Sphere Exhibits
Under the agreement, Temasek will own 60% in SingEx-Sphere. SPH will own the remaining 40%.
February 01, 2021
Broker's Calls
CGS-CIMB keeps "hold" call on SPH but with higher target price of $1.31
If SPH goes ahead "value unlocking" of its students’ accommodation assets, the target price may go up to $1.41
January 20, 2021
New appointments
Sembcorp Industries appoints Singapore Business Federation chairman as independent director
Lim also served as president and group CEO of CapitaLand Limited, and was CEO of The Ascott Limited.
January 18, 2021