Singapore Press Holding is changing.
Whether it is actions lead by new CEO Ng Yat Chung or previous management, the approach now seem to be morphing it into more of a property based business.
I thought why not take this opportunity to take stock whether there is some value in SPH.
So I will try to value SPH, and if you wish to learn, I hope this article helps.
SPH just announced their 2nd Quarter Results so lets take a look.
Before we start, its good to pick out the following figures, as we will need to reference them often. Majority of the figures can be obtained through the annual report, quarterly financial statements, or main stock websites.
SPH Current Share Price: $2.69
Ticker: T39 on SGX
52 Week Low to High Price: $2.41 to $3.35
Last Annual Dividend Distribution: $0.15 ......