The SPH chart looks downright ugly this week after it announced its Q2 results which was below expectations. The run-up in the prior month was due to the announcement of a REIT but that has soon fizzled out post the results announcement.
I have bought this stock for a few years already and has received $680 worth of dividends since i started tracking my SRS account so technically if i less off the dividends from my cost, my investment cost is "reduced" to $3,088.
The Company announced an interim dividend of 7c per share which will be paid on 23 May 2013.
The Company is facing a few "crisis" of sorts where the property cooling measures and the car cooling measures is giving it a double whammy as advertising revenues will decline. This coupled with strong competition from alternative media such as website and free newspaper will continue to ...
