Singapore Press Holdings (SPH)

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1) brattzz, I like your sense of humour! You're the man! Kopi money is still money!

2) KopiKat, I keep a few boring as hell stocks as my core holdings or anchors. Don't lose money I happy oredi!
I pledge them as collateral for my margin trades on fluffy like air, "gone with the wind" kind of hopeless stocks.

Make money I say its growth stock!

Lose money I say it's value stock!

LOL!
Just google singapore man of leisure
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Of course media companies make (way much more) money from advertisement than they do in selling papers/magazines/any other form of media. But it is exactly because they are selling a lot of media that's luring the advertisement. As long as people still read those media, companies will have to "appear" before their eyeballs.
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I had noticed that OpenNet started contributing to SPH revenue from Q1 2012. It is included in "Share of net profit/(loss) of associates and jointly-controlled entities" entry in P&L statement.

In SPH FY Q2 which is the period when OpenNet starting to ramp up, the profit recorded had just exceeded 2.4 mils, compare with mostly loses in previous Q.

This is a entry which i will put more attention in future FR

Just to share
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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(16-04-2012, 02:01 PM)Jared Seah Wrote: 1) brattzz, I like your sense of humour! You're the man! Kopi money is still money!

2) KopiKat, I keep a few boring as hell stocks as my core holdings or anchors. Don't lose money I happy oredi!
I pledge them as collateral for my margin trades on fluffy like air, "gone with the wind" kind of hopeless stocks.

Make money I say its growth stock!

Lose money I say it's value stock!

LOL!

I don't think 'brattzz' is joking...
Instead of trading 'hopeless stocks' for huge gains and end up with huge losses, you may want to consider 'trading bluechips' like SPH as per the 'strategy' described by 'brattzz'. You can keep such boring stocks for the Yield and only Trade when you have the free time ie. you're in control of how you spend your time, not the Stock Market... Big Grin
Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------
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i use to trade "blue chips" in Bear Market. i found i would be so much better off if i bought and kept for longer term. i traded "blue chips" in Bull Market i found i would be caught by the "Black-Swan-Bear"(hybrid animal) Market. My investment capital now would be stuck. i don't know whether i will recover my capital. And how long will it take? 2 years or 5 years?
So it seems to me you can't win trading shares unless you have a lot of spare capital to save your stuck capital.TongueBig Grin

NB:
Maybe trading shares one way to win is by guerrilla tactics.
But you may still get caught sometimes. i seem not suited to be a Guerrilla, anyway because i am a Regular from the beginningTongueBig Grin
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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Since i do not trade even "blue-chip", but i do agree that sometime "trading" may work, on condition that you are skill enough to anticipate a market correction with sufficient confidence.

example:

SPH lower profit ex-skyeleven is definitely put pressure on share price, but the share price then does not reflect that when it is known (i do not know why, probably shareholder still hope the shortfall can be coverred up with other revenue source). So to do a trade then sound good and with little risk.

Just an opinion from junior value investor Tongue
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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(16-04-2012, 02:01 PM)Jared Seah Wrote: 1) brattzz, I like your sense of humour! You're the man! Kopi money is still money!

2) KopiKat, I keep a few boring as hell stocks as my core holdings or anchors. Don't lose money I happy oredi!
I pledge them as collateral for my margin trades on fluffy like air, "gone with the wind" kind of hopeless stocks.

Make money I say its growth stock!

Lose money I say it's value stock!

LOL!
Where I come from 1) make money it's valuation 2) lose money it's longterm investment. Yah?
On a serious Kopikat (hope I got spelling correct) has a point. You could even raise your stake (trade) on your boring stocks on margin more so if the dividend yield can go some ways to lower you leverage costs.
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(17-04-2012, 10:57 AM)CityFarmer Wrote: Since i do not trade even "blue-chip", but i do agree that sometime "trading" may work, on condition that you are skill enough to anticipate a market correction with sufficient confidence.

example:

SPH lower profit ex-skyeleven is definitely put pressure on share price, but the share price then does not reflect that when it is known (i do not know why, probably shareholder still hope the shortfall can be coverred up with other revenue source). So to do a trade then sound good and with little risk.

Just an opinion from junior value investor Tongue

During skyeleven SPH 's peak price use to be $4.5 to $4.7 or even higher. After ex-skyeleven i think the peak price can hardly go above $4.0. (Sorry based on my memory only. i dislike very much to check history of chart prices even though it's fairly easy. Tell me if i am wrong about the price.) So the peak price does show the differences. IMO.TongueBig Grin
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
KopiKat,

Your right. Buy 3.60; sell 3.90 = 8% profit

Do this 1 or 2 times a year will spice up the total annual return (dividend yield + trading profits)

Good year may even exceed 20%! Boring stock boleh!

That is some serious amount of kopi money!

brattzz, sorli, sorli Wink

When I put on my swing trading hat on, I need to shoot for at least 20% profit; with cut-loss at 7%. Less than 3 to 1 risk/reward I rather go lim kopi Smile

LOL!
Just google singapore man of leisure
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paragon - 2.6bil value
clementi -300mil value
cash and short term investment - 1 bil value
long term investment -443 mil (i didnt know the break down)
10 years of newspaper and magainzes - 2600mil
---------------------------
liabilities 1.6 bil
---------------
estimated value - 5.3 bil
outstanding shares - 1.6 bil
---------------------------
estimated value per share - $3.33

hope my off hand values are close
Dividend Investing and More @ InvestmentMoats.com
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