Posted on December 10, 2009 - by Drizzt
Yield Watch:A Substantial fall in SPH. Worth the pick up?
Nothing of note for a day where market continues to be directionless. However, some of you might want to see if you wanna pick up SPH after its 5.7% fall.
SPHIts a drastic gap down on the charts, so much so that it burst the bottom of the price channels. I still don’t get why people buy SPH for yield.The most plausible reason is that pensioners taught this is a garment stocks that will never collapse and provides higher interest rates then what you put in banks. Read more…
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December 10, 2009
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Kaps said:
SPH went XD and that’s the reason for the fall. No other story behind it.
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December 10, 2009
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Lau said:
Yes, it XD-ed today. It would be surprising if it did not fall.
Just curious, where did you get that summary spreadsheet from? Would like to use it for a quick analysis of the companies.
Though I find the field B/S data very funny.