
I think is overbought ! The price is too high now..
Wait for it to correct..
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sph can buy!
Blues are all breaking out, look at SPH, SingPost, Starhub.
SPH - Lim & Tan Security
Looks as if some have started to speculate on how generous SPH is likely to be with its final & special
dividend payout for ye Aug ’10, results for which are not due for another month or so (Oct 12th last
year).
The stock has risen 23 cents or 6% in just over 2 weeks, to $4.15 yesterday. SPH’s dividend had been steadily rising, until ye Aug’09 (covering the worst period of the financial crisis), when it was cut to 25 cents (7 interim + 9 final + 9 special) from the peak of 27 cents the year before (8+9+10).
We expect SPH to reinstate the final special to 10 cents (and it can more than afford to given the sharp
recovery in advertising spending), which with the 7 cents interim already paid, would bring the total
for the year to 26 cents, giving a 6.3% yield. (Net profit for 9 months ended May ’10 of $422.6 mln
was 23.7% above the same period the fiscal year before.) This has to be considered attractive.
Yesterday’s $4.15 close has some technical significance, being close to the support-turned resistance level, ie need for some “consolidation”: - In July ’08, SPH had breached support at the $4.20 level, which had held for much of the period since 2005, and has not been able to surpass the level since. - The top end of the range had generally been around $4.70-4.80, except for a few occasions when SPH hit as high as $4.90 in Oct ’05, and as low as $3.88 in Aug ’06. (The high in 2007 was $4.74.)
- It bottomed at $2.32 in Mar ’09, like just every other stock in the world.
A commitment by management to a dividend policy would, we believe, enable SPH to retest its high,
and possibly even scale new heights. We maintain BUY.
wah lau, uncle's shares.....
Ha ha, dear comrade, congrate liao. On that can live longer n happier loh. Hv a nice weekends. Cheers.
Farmer ( Date: 03-Sep-2010 09:37) Posted:
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Singapore Press Holdings (SPH) will be announcing FY10’s final
dividend in its results release on Tuesday, 12 October.
Farmer ( Date: 02-Sep-2010 16:52) Posted:
|
It’s print business is well-positioned to benefit from events planned for Asia over the next few years.
Also, its dividend yields of 6-7% are comparable to average S-REIT yields and higher than
the yields of other large caps.
Farmer ( Date: 03-Sep-2010 09:37) Posted:
|
If one buy a few lots, may not have much different anyway.....I'm vested with more than just a few and intend to stay for longer term to collect my "CPF Life".

if the price now is 3.75 alot of room, but 4.15 u better keep money other places lah......
Too early leh... believe that's more room to go before FY results & xd status.
sold it at 4.13.....
moving to slowly.
Good divds are coming for holders of this old man...
UOB said tp is $4.50 this season with 22cts for distribution, lets see.
I don't think they need to sell that small Thai office to pay dividend lah. By the way, can you see the handle?
will it goes higher than 4.15 ?
cash for dividend ?
Liquidation of Subsidiary
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_4909076CD6B3C0294825779000341C05/$file/SGXAnnBIMTLiquidation31.8.2010.pdf?openelement
Hoho! No wonder this one behave stronger that expected recently. Hmm...with 300m increase to its NAV and 3Q results due on 12/7, more room to move now.
Sitting above a strong resistance turned support level.
http://mystocksinvesting.com/singapore-stocks/singapore-press-holdings-sph/sph-at-critical-support/
never consider Orchard Rd road damages & liabilities..keke