other counter all lao sai this one staying up strong
Agrees on this...you would never make the wrong choice by buying SPH due to its monopoly and defensive business....

other counter all lao sai this one staying up strong
Agrees on this...you would never make the wrong choice by buying SPH due to its monopoly and defensive business....![]()
But the question is what price to get.
There is always opportunities cost.
The resistance for this few weeks is 3.80. The price that you can queue is around 3.8 will be good?
But the question is what price to get.
I got one lot at 3.65 and another 2 lots at 4. Didn't regret at all...![]()
i got a few lots at $4
hoping it will go up with the end of year dec "big" dividend payout
Usually, the price will go up.
But if Greece defaults, then maybe not.![]()
SPH spends $60 million to buy over sgcarmart.
ACQUISITION OF SGCM PTE. LTD.
SGCM is the parent company of sgcarmart.
Source
While I understand why SPH may want to buy over sgcarmart (after it it also acquired hardwarezone.com and shareinvestor.com), I wondered if it really worth paying $60million for.
To put thing into prospective, some listed established brands has market cap that is lower than that. Soup restaurant is worth ard $38million. Old Chang Kee is worth ard 66million. Internet Technology Group less than $20 million. Pengun ard $48 million. Neo group ard $45million.
I can go on but I struggled to see how sgmart is worth more than some of the companies listed above.![]()
SPH spends $60 million to buy over sgcarmart.
ACQUISITION OF SGCM PTE. LTD.
SGCM is the parent company of sgcarmart.
Source
While I understand why SPH may want to buy over sgcarmart (after it it also acquired hardwarezone.com and shareinvestor.com), I wondered if it really worth paying $60million for.
To put thing into prospective, some listed established brands has market cap that is lower than that. Soup restaurant is worth ard $38million. Old Chang Kee is worth ard 66million. Internet Technology Group less than $20 million. Pengun ard $48 million. Neo group ard $45million.
I can go on but I struggled to see how sgmart is worth more than some of the companies listed above.![]()
SPH spends $60 million to buy over sgcarmart.
ACQUISITION OF SGCM PTE. LTD.
SGCM is the parent company of sgcarmart.
Source
While I understand why SPH may want to buy over sgcarmart (after it it also acquired hardwarezone.com and shareinvestor.com), I wondered if it really worth paying $60million for.
To put thing into prospective, some listed established brands has market cap that is lower than that. Soup restaurant is worth ard $38million. Old Chang Kee is worth ard 66million. Internet Technology Group less than $20 million. Pengun ard $48 million. Neo group ard $45million.
I can go on but I struggled to see how sgmart is worth more than some of the companies listed above.![]()
SPH spends $60 million to buy over sgcarmart.
ACQUISITION OF SGCM PTE. LTD.
SGCM is the parent company of sgcarmart.
Source
While I understand why SPH may want to buy over sgcarmart (after it it also acquired hardwarezone.com and shareinvestor.com), I wondered if it really worth paying $60million for.
To put thing into prospective, some listed established brands has market cap that is lower than that. Soup restaurant is worth ard $38million. Old Chang Kee is worth ard 66million. Internet Technology Group less than $20 million. Pengun ard $48 million. Neo group ard $45million.
I can go on but I struggled to see how sgmart is worth more than some of the companies listed above.![]()
SPH spends $60 million to buy over sgcarmart.
ACQUISITION OF SGCM PTE. LTD.
SGCM is the parent company of sgcarmart.
Source
While I understand why SPH may want to buy over sgcarmart (after it it also acquired hardwarezone.com and shareinvestor.com), I wondered if it really worth paying $60million for.
To put thing into prospective, some listed established brands has market cap that is lower than that. Soup restaurant is worth ard $38million. Old Chang Kee is worth ard 66million. Internet Technology Group less than $20 million. Pengun ard $48 million. Neo group ard $45million.
I can go on but I struggled to see how sgmart is worth more than some of the companies listed above.![]()
Is HWZ worth $7 mil to you?SPH spends $60 million to buy over sgcarmart.
ACQUISITION OF SGCM PTE. LTD.
SGCM is the parent company of sgcarmart.
Source
While I understand why SPH may want to buy over sgcarmart (after it it also acquired hardwarezone.com and shareinvestor.com), I wondered if it really worth paying $60million for.
To put thing into prospective, some listed established brands has market cap that is lower than that. Soup restaurant is worth ard $38million. Old Chang Kee is worth ard 66million. Internet Technology Group less than $20 million. Pengun ard $48 million. Neo group ard $45million.
I can go on but I struggled to see how sgmart is worth more than some of the companies listed above.![]()
Could it probably be that SPH wanted to expand its media coverage over the internet?
From what I gathered, most of my friends including myself, visit SGCM often to view pivotal information of cars, esp used-cars for comparisons or just out of pure interests. Of cos, this is based solely on my perspectives and social settings.
SGCM also monopolises the online car market right? That would give SPH greater advertising space and avenue to all automobile business in SG.
Just my views![]()
Went into Straits Times website for news...
Saw a survey pop up on the bottom right click to do the survey...
Guess what's the survey is about?![]()