Personal Finance
Bad News: Investors Should Avoid SPH Shares
By Seedly  •  July 23, 2019

Newspaper publisher and property developer Singapore Press Holdings Limited (SGX: T39), also known as SPH, shares have delivered a loss of 35% to investors over the three years ended 17 July 2019, after adjusting for dividends.

The decline in the company’s share price to S$2.28 (as at the time of writing) may pique the interest of bargain-hunters since the dividend yield on the shares is high at 5.5%.

However,  I think that investors should stay away from the company’s shares.

Here’s why…

Disclaimer: This is not a sponsored post. Opinions expressed in the article should not be taken as investment advice. Please do your own due diligence.

Don’t Stop Be-leeding Source: Singapore Press Holdings

SPH counts the Media Segment as its largest revenue contributor; in the first nine months of its financial year ending 31 August 2019 (FY2019), the segment, which houses the company’s newspaper publication business, accounted for 60.1% of SPH’s

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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