Shares & Derivatives
SPH STOCK: WILL YOU CONTINUE TO INVEST IN THIS STOCK?
By Singapore Stocks Investing (SSI)  •  November 13, 2017
Dear readers, SPH stock is currently trading at $2.70 per share, a discount of the price which the stock used to trade before. SPH had just welcome its new chief, Mr Ng Yat Chung who was the former CEO of Neptune Oriental Lines (“NOL”) Ltd. Mr Ng, a SAF scholar was also (in chronological order before taking the helms of NOL) a former Chief-of-Army, a former Chief-of-Defence and a former Senior Managing Director of Temasek Holdings. As SPH focuses on improving its bottomline, there had been a number of corporate moves made by the company which includes some form of restructuring of functions. Amidst these rounds of restructuring, some staff had been laid off. I believe these are one of the ways which SPH is looking at to reduce some cost. On the other hand, the move to diversify away from its traditional business of newspapers and magazines against ......
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By Singapore Stocks Investing (SSI)
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