Shares & Derivatives
[Paywall] SPH share price at mercy of OCBC Bank?
By SG Wealth Builder  •  July 19, 2020
It is that “uh-oh” feeling for SPH share price again. As an OCBC shareholder, I have a special interest in SPH share price. Why is this so? After all, this article is about SPH share price and not OCBC bank. Read on to find out why. Troubles certainly come in troops for SPH share price. In the 3rd quarter business update, SPH management revealed that COVID-19 pandemic had resulted in revenue from print advertisement plummeting 51% year-on-year while rental income from its Singapore retail assets also got hit due to the circuit breaker from April to June. To rub salt into the wound, one of its aged care assets (Orange Valley) was a COVID-19 cluster (thankfully all affected patients had been discharged). SPH share price assassinated by short sellers SPH share price in Halloween nightmare SPH share price plunged to record 14-year low SPH share price in disaster...
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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