Digital disruption continues at SPH and the pain continues. This counter has been on a downtrend, gone below 3.50 today. It used to be in the core holdings of a lot of people in singapore, especially the older folks. But looks like times are changing fast and people are going digital faster than we had imagined. IMO this counter will continue going down, until some of its many business ventures bears fruit. A read through its AR shows that it owns many websites and businesses. Downside will be limited its regular dividend and by its significant property portfolio and the stake it has in SPH reit. Effects on my portfolio I don't see SPH going bust, because as mentioned above, it is a property aspect to provide a concrete floor to its price. It constitutes less than 5% of my entire portfolio, so even a fall from $4 to ...