SPH

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02 Jun 2020 19:23 #25355 by josephyeo
SPH was created by josephyeo
I think SPH is a good buy at this price ... $1.31.

Reasons:
1. its trading below p/e of 10
2. high dividend yield of 8.4%
3. trading near historical low
4. share buy back recently

Price history:
now $1.31
52 weeks low $1.25
52 weeks high $2.52
5 year high $3.99

Above is just my views. Dyodd.
Vested

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02 Jun 2020 21:58 #25356 by josephyeo
Replied by josephyeo on topic SPH
You need patient here. There is no reason why the share cannot move up.
It has a yield of 8.4% and is trading near historical low. The 52 weeks high is $2.52,
almost double that of present price of $1.31. Once weak holders are out, the shares
should move.

Above is just my feeling. And I could be wrong.
Pls dyodd.

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03 Jun 2020 17:17 #25359 by josephyeo
Replied by josephyeo on topic SPH
Good finish today. Closed at 1.36 on volume of 34.4 mil.

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03 Jun 2020 23:28 #25363 by josephyeo
Replied by josephyeo on topic SPH
SPH price history:

date of post -1.36

52 weeks low - 1.25

52 weeks high - 2.53

2 years high - 2.83

5 years high - 3.99

For info only.

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05 Jun 2020 08:03 #25366 by josephyeo
Replied by josephyeo on topic SPH
Business Times today:

MAPLETREE Industrial Trust will join the benchmark Straits Times Index (STI) from June 22, replacing Singapore Press Holdings (SPH), following the latest quarterly review of the STI by FTSE Russell.

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19 Jun 2020 00:18 #25386 by josephyeo
Replied by josephyeo on topic SPH
The share price has been suppressed bcoz of the knowledge that
the stock will exit the ST Index on 22 June. Once it is out of the Index, there is nothing to suppress its movement. I expect the share price to move up quite
meaningfully once its out as an index stock. Reasons:

1. despite the knowledge that the stock will exit the ST Index, the share price have not move down in a meaningful way in the last 2 weeks. In fact it has been quite firm n supported.

2. the 52 weeks low was only $1.25 while the high was $2.53. Given that the
fundamentals of the company have not change much, it is likely that the price
would surge forward.

Above are just my view and i could be wrong.

Am heavily vested. Dyodd.

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