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<Bloomberg News Leak> SPH Retrenchment Coming

Jellandross

By Jellandross,
in Lite & EZ

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Pocus

Pocus

Turbocharged
  On 10/13/2016 at 2:09 AM, Davidtch said:

I subscribe to FHM

 

Taiwan

 

on my IPAD.

Obviously you haven't discover tumblr...
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Enye

Enye

Hypersonic
  On 10/13/2016 at 10:52 AM, Vratenza said:

Genuine question here: When should I enter to average down my current SPH holdings? :D

genuine answer....

 

 

 

 

 

 

 

 

 

 

sibeh hao lian

 

 

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Voodooman

Voodooman

Supersonic
  On 10/13/2016 at 10:52 AM, Vratenza said:

Genuine question here: When should I enter to average down my current SPH holdings? :D

Buy google (alphabet) to hedge. Lol.

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inlinesix

inlinesix

Hypersonic
  On 10/13/2016 at 10:13 AM, Pocus said:

Obviously you haven't discover tumblr...

 

I am connected to all social channel of FHM Taiwan.  Tumblr got the magazine meh?

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Kusje

Kusje

Supersonic
  On 10/13/2016 at 11:56 AM, Davidtch said:

I am connected to all social channel of FHM Taiwan. Tumblr got the magazine meh?

Hmmm. Looks like I forgot that there are people who buy fhm to read the articles.

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inlinesix

inlinesix

Hypersonic
  On 10/13/2016 at 12:05 PM, Kusje said:

Hmmm. Looks like I forgot that there are people who buy fhm to read the articles.

 

It is a magazine that helps me to maintain my Chinese standard.  I hate cripple character.

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Throttle2

Throttle2

Supersonic
  On 10/13/2016 at 12:36 PM, Davidtch said:

It is a magazine that helps me to maintain my Chinese standard. I hate cripple character.

You may also like the pinoy version bro

  On 10/13/2016 at 12:36 PM, Davidtch said:

It is a magazine that helps me to maintain my Chinese standard. I hate cripple character.

You may also like the pinoy version bro

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inlinesix

inlinesix

Hypersonic
  On 10/13/2016 at 12:41 PM, Throttle2 said:

You may also like the pinoy version bro

 

You may also like the pinoy version bro

 

No way.

 

I only like TW XMM

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BanCoe

BanCoe

Hypersonic
  On 10/12/2016 at 11:06 AM, Throttle2 said:

Good news for shareholders.

I also own SPH.

wOW!  you own SPH [thumbsup] , Your are POWER #1 in singapore :yeah-im-not-drunk:

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Benarsenal

Benarsenal

Turbocharged
  On 10/14/2016 at 1:28 AM, Galantspeedz said:

any employee from sgcarmart/mcf affected?

 

Not sure but I don't think so. sgCarMart is a different division/subsidiary from SPH and run more or less independently from the mothership.

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Voodooman

Voodooman

Supersonic
  On 10/14/2016 at 1:25 AM, Throttle2 said:

Looks like i will be owning more of it soon.

Can't get around the fact that the print business is a sunset industry although they can probably monetize some of their legacy real estate holdings. is that the angle? Or you are also bullish on their digital /online businesses?
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Throttle2

Throttle2

Supersonic
  On 10/17/2016 at 6:32 AM, Voodooman said:

Can't get around the fact that the print business is a sunset industry although they can probably monetize some of their legacy real estate holdings. is that the angle? Or you are also bullish on their digital /online businesses?

My take is that print will not die this decade nor the next 2 decades at least.

Its a question of what they print, and where they print, not whether they print.

 

Whats going to happen, is a lower reliance on human labor, to a point where, the propensital cost is equivalent to a non human source. Another thing they need to do is trim the the management layers.

I think there are too many of them. Impedes the speed overall.

 

Real Estate is dead for now in my opinion, so the value is priced in already.

It helps that the cash flows from real estate remains relatively stable

 

On the topic of oppotunity, SPH has the power and expertise to go overseas (emerging economies), they need to that. EMs require tons of print.

 

I would also agree that i was caught a little off guard as i didnt expect the sizaeble drop in revs for 3rQ 2016. But this is not SPH specific. The GDP as a whole is down 4%. So what can i say...

 

I think we need to brace ourselves for a bit of turbulence the next 12 months at least.

I am seeing GDP shrink by another 2-3% 4Q2016 bringing us to a real recession, technical or otherwise.

 

It tough holding on to so much cash, proportionately, but i'd rather lose a few percentage points to inflation than a lot more to the market.

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Yewheng

Yewheng

Twincharged
(edited)

http://www.straitstimes.com/business/my-paper-and-the-new-paper-to-merge-sph-to-cut-staff-by-up-to-10-per-cent-over-2-years#xtor=cs1-10

 

 

Looks like still not so bad, not cut 10% staff at one go, will cut slowly and by the end of 2yrs will have 10% less staff. Hopefully those who knew that they are in the 10% list will have ample time to look for another job.

Edited by Yewheng
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Kusje

Kusje

Supersonic
  On 10/17/2016 at 12:02 PM, Yewheng said:

http://www.straitstimes.com/business/my-paper-and-the-new-paper-to-merge-sph-to-cut-staff-by-up-to-10-per-cent-over-2-years#xtor=cs1-10

 

 

Looks like still not so bad, not cut 10% staff at one go, will cut slowly and by the end of 2yrs will have 10% less staff. Hopefully those who knew that they are in the 10% list will have ample time to look for another job.

GLC effect. Cannot cut those that they need to cut for fear that they will lose votes.

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