Singapore Press Holdings Limited *Official* (SGX: T39)

[Alphidius]

Dividends is in!
Huat to all shareholders.

Note: I own no SPH stocks but holding-in-lieu for my mum.

Side Note: Has anyone been to Clementi Mall? Has it fully opened?

 

[WindBoi]

Dividends is in!
Huat to all shareholders.

Note: I own no SPH stocks but holding-in-lieu for my mum.

Side Note: Has anyone been to Clementi Mall? Has it fully opened?

not been there. i have friend's who went there before. very lukewarm response.

not expecting much from this. this is a low yielding investment for sph. they paid high for it.

 

[WindBoi]

Dividends is in!
Huat to all shareholders.

Note: I own no SPH stocks but holding-in-lieu for my mum.

Side Note: Has anyone been to Clementi Mall? Has it fully opened?

not been there. i have friend's who went there before. very lukewarm response.

not expecting much from this. this is a low yielding investment for sph. they paid high for it.

 

[Garlic & Butter]

yupp.. SPH & NTUC JV paid too much for the developement..
the next bidder was much much lower than their winning bid..

now SP NP NUS SIM school holidays.. so we see less student crowds, at Clementi..

 

[WindBoi]

if we think out of the box we ask, if they bidded so much freaking higher than the fraser and capitaland controlled reits, how much do you think they can value add over these 2 retail reits veterans?

if you compare prime retail paragon vs starhill global's taka and wisma do you see them being better and more occupied?

 

[iCuteCube]

The price of SPH is near the trendline from last year. Hope it don't fall further for a breakout???

 

[Garlic & Butter]

based on today's closing $3.82 and adjusting for dividends of +27cts.... the value of the share today will be $4.09..

SPH had since its pre-XD ($4.24) in late december, lost 3.5%.. (although outperform STI -1%...)

so $4.24 in dec vs $4.09 today
investors are still worse off... share had not gained any value at all...

and it overbidded for clementi mall.... many analysts are still skeptical over it..

*vested*

 

[WindBoi]

the debate is how much value add they will carry out on clement mall. I am seriously skeptical but will take my hats off to them if I am proven wrong.

I feel is very shareholder destructive. Hope some supporter can tell me I am wrong

 

[addict951]

1st reit burst
Wind, u huat till BLC?

 

[WindBoi]

No lah addict. Those with straits Asia Huat more. My first REIT is so small!

 

[Alphidius]

the debate is how much value add they will carry out on clement mall. I am seriously skeptical but will take my hats off to them if I am proven wrong.

I feel is very shareholder destructive. Hope some supporter can tell me I am wrong

I'm a supporter so I can tell you that you're wrong?
Clementi is a highly populated area with lots of rich people. CM bound to make lots of moola in the long run. My 2.14 cents....

Plus Hardwarezone is owned by SPH, so saying a few good words would be good. Maybe next time I can become moderator for Stocks, Share and Indices forums...

 

[iCuteCube]

I'm a supporter so I can tell you that you're wrong?
Clementi is a highly populated area with lots of rich people. CM bound to make lots of moola in the long run. My 2.14 cents....

Plus Hardwarezone is owned by SPH, so saying a few good words would be good. Maybe next time I can become moderator for Stocks, Share and Indices forums...

Haha, it's quite flat now. Just don't go down south

Vested.

 

[unclebutcher]

My first REIT huat but small also

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[Garlic & Butter]

CM gets exposure from NP SP SIM NUS and various sec schools..

so hopefully these students crowd translates to increased mall traffic and expenditure..

so far reviews from my friends (shoppers) had been negative.. nothing special about CM and quite small size

 

[Chua Zhiming]

CM gets exposure from NP SP SIM NUS and various sec schools..

so hopefully these students crowd translates to increased mall traffic and expenditure..

so far reviews from my friends (shoppers) had been negative.. nothing special about CM and quite small size

Hmm..me and my classmates dun really go clementi. Even if we go there , we would eat at the market for its infamous porridge nia or go the old KFC there relax...never spend $$ at CM one

 

[Mecisteus]

being a FCT shareholder, i know the sub-urban shopping malls will do well just like northpoint and causewaypoint. clementi malls and jurong point are the other sub-urban malls that i know will do as well too. these are malls strategically located near big housing estates but far away from town. they definitely have a strong attraction.

 

[tkwei123]

I'm a supporter so I can tell you that you're wrong?
Clementi is a highly populated area with lots of rich people. CM bound to make lots of moola in the long run. My 2.14 cents....

Plus Hardwarezone is owned by SPH, so saying a few good words would be good. Maybe next time I can become moderator for Stocks, Share and Indices forums...

eh... i wouldn't agree to the "lots of rich people" part but you're right about the town being densely populated... and with a few more new hdb flats coming up at the fringe...
and not to forget, with the nearby university town coming up...

hwz owned by sph? lol... learn something new today

*vested*

 

[skymusic72]

It's most prized property is Paragon, not CM.

 

[WindBoi]

The problem is that they paid high premium for it justifying that they are able to asset enhance it to earn a greater rentals. Now we are trying to see whether they can really do that

 

[Garlic & Butter]

How much avg % dividend given out yearly by SPH?

Thanks.

gave out 27cts for FY10
based on $3.84m thats 7.03%

FY11 should be slightly lower.. probably 24-26cts region