Singapore Press Holdings (SPH)

[CityFarmer]

SPH management resume their share-buy-back again @ price around $4

http://info.sgx.com/webcorannc.nsf/Annou...endocument

Ha! Ha!
Very good news. Thanks. i have sold some recently but unable to sell the rest at a price i wanted. It's O. K. the 17 cents div are not peanuts to me except you know who the Peanut Lady is. She will have the honour to be remembered by our future generations forever. Actually the moral is that is what's the difference between the "HAVES" & "HAVES NOT"; The Ordinary Workers and THE ELITES. i am always for the worker. Why? i am one myself and know how it is to be one.
Shalom.

I had sold almost all my holding , leaving a small stake.

It is time for exit and waiting for a next entry opportunity.

I will be back

I had also sold all my holdings in SPH just before XD. Based on past trends, the share price will usually drop a lot more than the dividends paid. But this year, the market appears to be very rational and the XD price drop is almost similar to the 17cents dividend. Could be either the management sharebuy back or that there is a broad based rally going on.

Either way, I am also looking for a next entry opportunity.

Mr Market is always unpredictable in short-term (of days or weeks)

In longer-term (of months), in my view, it is likely an adjustment which will provide the entry opportunity.

After necessary due diligence, the rest is all on Mr Market mood...

The switched-out fund is not idling anyway...