<Bloomberg News Leak> SPH Retrenchment Coming

[Koster]

  On 4/1/2020 at 4:53 AM, Victor68 said:

When you control too much, then might as well just have a single official press. Then if you let them run while like HK, it is full of BS. Competition is good, just need to set guidelines.  

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To add on, it has to be real competition and not those wayang type such as telcos and petrol companies etc. 

[Victor68]

  On 4/1/2020 at 5:23 AM, Koster said:

To add on, it has to be real competition and not those wayang type such as telcos and petrol companies etc. 

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In Singapore wayang works leh. As long as it works, people will continue. HK BS news also got audiences,  so this world is funny right?

[mersaylee]

  On 4/1/2020 at 4:42 AM, Lala81 said:

my FIL used to buy both wanbao and shin min for many years, and lian he in the morning. But he stopped for 3-4 years already. Lol that's from a super ardent newspaper fan.

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My old man still does...3sets a day, rain or shine...habitual to just buy and flip flip...then toss aside.

i told him to better keep them now as toilet papers just in case...

[13177]

  On 4/1/2020 at 4:28 AM, Koster said:

U should go see wanbao and shin min. Maciam both copy and paste. How they place the photos on the front page are the same with the same photos. Then facebook post both headings are identical and posted at the same time. 

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Surprisingly wanbao and shinmin still around? Thought one of them should have closed down long ago liao? Cause i dont understand what is the difference between these two newspaper? 

Last time no matter rain or shine, my dad would used to go downstairs to the newpaper stall to buy wanbao in the evening, even many times he has no time to read them, and ended up pile up few weeks of wabao in the living room! 

[13177]

  On 4/1/2020 at 4:42 AM, Lala81 said:

my FIL used to buy both wanbao and shin min for many years, and lian he in the morning. But he stopped for 3-4 years already. Lol that's from a super ardent newspaper fan.

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Wondering how many people still go buy newspaper to read everyday? I saw my neighbour next door still subscribe to zaobao siah! Always saw the newspaper slot outside his door. 

[Lala81]

  On 4/1/2020 at 6:40 AM, mersaylee said:

My old man still does...3sets a day, rain or shine...habitual to just buy and flip flip...then toss aside.

i told him to better keep them now as toilet papers just in case...

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my friend's family buy newspaper just cos their dog like to pee and poop on newspaper...

Literally that's the reason they buy newspaper once a week still.

[Koster]

  On 4/1/2020 at 7:03 AM, 13177 said:

Surprisingly wanbao and shinmin still around? Thought one of them should have closed down long ago liao? Cause i dont understand what is the difference between these two newspaper? 

Last time no matter rain or shine, my dad would used to go downstairs to the newpaper stall to buy wanbao in the evening, even many times he has no time to read them, and ended up pile up few weeks of wabao in the living room! 

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I read some survey few years ago. There are more Chinese newspaper readers as compared to English readers. So this could be their key revenue generator.

[Adrianli]

  On 4/1/2020 at 7:05 AM, 13177 said:

Wondering how many people still go buy newspaper to read everyday? I saw my neighbour next door still subscribe to zaobao siah! Always saw the newspaper slot outside his door. 

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Same as my neighbor. He still subscribe to Zaobao everyday. He close to 80 liao. 

[Weez911]

This retrenchment exercise at SPH must be the longest ever in the history of mankind. Wonder how is the morale there now.

 

[Adrianli]

Surprisingly, today TNP, got exclusive news reporting.

[Koster]

  On 4/1/2020 at 8:01 AM, Weez911 said:

This retrenchment exercise at SPH must be the longest ever in the history of mankind. Wonder how is the morale there now.

 

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The one that should leave is the Kim Jong Il. My SPH share prices keep dropping 😅

[Koster]

  On 4/1/2020 at 8:02 AM, Adrianli said:

Surprisingly, today TNP, got exclusive news reporting.

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Sometimes they share info one if I am not wrong. One newspaper report the news then share with straits times and CNA. Same same but different.

[13177]

  On 4/1/2020 at 8:02 AM, Adrianli said:

Surprisingly, today TNP, got exclusive news reporting.

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I am not surprise to read that these people ignores safe distancing rule. As i notice these age group of people no matter where they go also ignore safe distancing rule. I have already encountered few of these people in hawker centre and supermarket liao, simply bo chap de.

[No_worries]

  On 4/1/2020 at 7:03 AM, 13177 said:

Surprisingly wanbao and shinmin still around? Thought one of them should have closed down long ago liao? Cause i dont understand what is the difference between these two newspaper? 

Last time no matter rain or shine, my dad would used to go downstairs to the newpaper stall to buy wanbao in the evening, even many times he has no time to read them, and ended up pile up few weeks of wabao in the living room! 

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My own take is that useless paper general heading the company should be the first one to be sack, their share price has been from $4 something a few years ago to $1.68 now. With such f up results, they can still can run articles on Sunday times featuring people who made some money buying and selling properties and detailing what kind of car they drive.