|Bid||2.44 x 0|
|Ask||2.45 x 0|
|Day's range||2.43 - 2.47|
|52-week range||2.43 - 3.62|
|PE ratio (TTM)||10.80|
|Earnings date||13 Apr 2018|
|Forward dividend & yield||0.06 (2.42%)|
|1y target est||2.54|
The page count of Singapore Press Holdings’ (SPH) newspapers slipped 12.7% YoY, whilst the three segments (recruit, classifieds, display) reported a 19%, 16% and 11% YoY decline in page counts respectively, UOB Kay Hian revealed in an analysis of The Straits Times newspapers. The quarter’s decline represented a moderation from Q1 2018’s -13.6% YoY. UOB Kay Hian analyst Foo Zhi Wei noted that larger-than-expected page count decline prompts a downward revision of print revenue assumptions.
Some REITs had a good performance in the latest quarter and the list includes First Real Estate Investment Trust (SGX:AW9U) and SPH REIT (SGX:SK6U).
Singapore Press Holdings Limited (SGX:T39) recently gave updates on its latest results, changes to its newspaper ad revenue, and improvements to its cost structure.
According to flash estimates, Urban Redevelopment Authority’s overall private residential price index rose 0.7% in 4Q17 with prices increasing across all three sub-segments.
It intended to cut its staff costs by 10% to improve earnings. For its 1Q2018 results, Singapore Press Holdings (SPH) saw its staff costs fall 5% YoY as it achieved its headcount reduction target. Singapore ...
For the first quarter of 2018, Singapore Press Holdings' (SPH) revenue for its media segment continued to fall 13.9% YoY, led by a decline in display, classifieds, magazines and circulation. Display ads’ revenue rose 4.2% QoQ, thanks to a broader economic recovery in Singapore and spillover effect from improved sentiment.
Oil and gas equipment manufacturer Wayne Burt Precision Technologies is facing 91 charges under Singapore’s Employment Act (EA) for failing to pay the salaries of 24 employees. The company was charged by the Ministry of Manpower (MOM) on Thursday (Nov 30) in the State Courts, according to a press statement. The race to build microchips to meet global demand for electronic gadgets is exaggerating Singapore’s economic rebound, creating a potential headache for policymakers deciding whether to tighten monetary conditions for the first time in six years.
High-yield stocks are always popular amongst retail investors but in the hunt for dividends, investors sometimes choose to prioritise yield over quality. Yes, not all high-yielding stocks are superior.
It intends to reduce its staff count by 10% next year. Despite higher profits, Singapore Press Holdings (SPH) announced on its results day that it intends to reduce its staff count by 10% in the coming year. According to DBS Equity Research, the last time SPH announced a staff cut was in October 2016 when it intended to reduce up to 10% of its workforce over two years through attrition, retirement, non-renewal of contracts, outplacement, and retrenchment.
Singapore Press Holdings' (SPH) net profit in Q4 grew 32% YoY to $101.80m. This capped its headline profit of $350.09m for the year. SPH's profits grew thanks to the $150m gain it made from selling its 33.3% stake in 701Search and a $57m fair value change on Clementi Mall and Paragon, CIMB said.
Media company Singapore Press Holdings (SPH) said Wednesday it would cut 230 jobs by the end of the year as it accelerated a plan to lay off staff. Like other media organisations worldwide, SPH's core ...
Based on UOB Kay Hian's page count for Singapore Press Holdings (SPH), total ads for the Straits Times fell 10.3% yoy in the continued depressed advertising environment. "On a qoq basis, total ads were almost flat, possibly hinting that advertising demand might have bottomed out. Ad counts for the various segments remained down 7-21% on a yoy basis, notably for recruitment (- 21% ) and classifieds (-18%).