Post

Yield Watch:A Substantial fall in SPH. Worth the pick up?

by Drizzt on December 10, 2009

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.

SPHSPH

Its 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…


{ 2 comments… read them below or add one }

Kaps December 10, 2009 at 1:15 pm

SPH went XD and that’s the reason for the fall. No other story behind it.

Reply

Lau December 10, 2009 at 10:24 pm

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.

Reply

Leave a Comment

Previous post:

Next post: