Every year during this time, I would take the time to review SPH full year results to see how they were doing. Last year in Oct (See Here), I was disappointed with their results and was contemplating whether to hold or let go of this darling grandfather stock. Anyway, I managed to hold to them eventually and have well "eaten" their normal, final and special dividend despite the not so satisfied results.

Today, I made the decision again to review SPH recently announced full year results and decided to let go my 5 lots at a price of $4.23, not too bad I think given the range they have been in the past 5 years or so (will talk it more detail in conclusion).

My decision to divest the company has been based on figures which have been disappointing and not too satisfactory for me.

If ...