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Wisdom in SPH restructuring

Be a little patience, will happen soon.

investshare      ( Date: 21-May-2021 09:17) Posted: You can whin and whin, when the big towkays are planning to snap out the prized asset in Sph. SamWong      ( Date: 19-May-2021 11:20) Posted: Wisdom my arse. Wisdom is : if they had used their resouces and make a successful e commerce start up, in media you can look at Instagram startup as example, tik tok, etc.... Dont complain or give excuse Singapore market cannot do start up. With SPH huge $ and HR resources in media, could have gone to China in 2000s to venture, JV etc. If they had done that, then yes, WISDOM. DYODD

 

You can whin and whin, when the big towkays are planning to snap out the prized asset in Sph.

SamWong      ( Date: 19-May-2021 11:20) Posted: Wisdom my arse. Wisdom is : if they had used their resouces and make a successful e commerce start up, in media you can look at Instagram startup as example, tik tok, etc.... Dont complain or give excuse Singapore market cannot do start up. With SPH huge $ and HR resources in media, could have gone to China in 2000s to venture, JV etc. If they had done that, then yes, WISDOM. DYODD

 

That is why my title is wisdom in restructuring.

BillionX      ( Date: 20-May-2021 13:23) Posted: The management has failed in its management to transform SPH into the digital era despite all the signs that traditional media business is in its sunset. The only wisdom,if any, is the decision to abscond responsibility and spin the media to someone else. If this get-out-of jail-card is wisdom perhaps so. But why should retail shareholders bear the cost of this decision 🤷 ‍ ♂ ️

 

The management has failed in its management to transform SPH into the digital era despite all the signs that traditional media business is in its sunset. The only wisdom,if any, is the decision to abscond responsibility and spin the media to someone else. If this get-out-of jail-card is wisdom perhaps so. But why should retail shareholders bear the cost of this decision 🤷 ‍ ♂ ️

 

No need to pay me $$$$ I will come out this strategy proposal:
1. Spin-off media as non profit
2. Bring in substantial investor for property asset
3. Standalone new economy business, likely distribute share directly

 

A malaysian can copy Uber , DiDiChuXing model to start a digital commerce GRAB in Msia Spore, then expand regionally.

SPH , with $$$$$$$ resources, vast manpower support start what ?

So what WISDOM ?

WISDOM my arse.

SamWong      ( Date: 19-May-2021 11:20) Posted: Wisdom my arse. Wisdom is : if they had used their resouces and make a successful e commerce start up, in media you can look at Instagram startup as example, tik tok, etc.... Dont complain or give excuse Singapore market cannot do start up. With SPH huge $ and HR resources in media, could have gone to China in 2000s to venture, JV etc. If they had done that, then yes, WISDOM. DYODD

 

Wisdom my arse. Wisdom is : if they had used their resouces and make a successful e commerce start up, in media you can look at Instagram startup as example, tik tok, etc.... Dont complain or give excuse Singapore market cannot do start up. With SPH huge $ and HR resources in media, could have gone to China in 2000s to venture, JV etc. If they had done that, then yes, WISDOM. DYODD

 

Hope you see the wisdom now.

 

未 曾 拥 有 ， 何 曾 失 去

BillionX      ( Date: 13-May-2021 09:30) Posted: Ha Ha... marry the billionaire but don?t steal the house and rob the savings account! Removing the media business is not the issue but rather the execution of it. The recent exercise by Semcorp Industry to deconsolidate SemMarine business is a case in point. Shareholders were compensated. Look forward to part 3 of this saga.

 

May I know whether SPH can sell the buildings and lease back, before giving away the media business?

 

Ha Ha... marry the billionaire but don?t steal the house and rob the savings account! Removing the media business is not the issue but rather the execution of it. The recent exercise by Semcorp Industry to deconsolidate SemMarine business is a case in point. Shareholders were compensated. Look forward to part 3 of this saga.

 

Now Part 2 of the story:
The daughter herself is very beautiful and rich. Her billionaire boyfriend wants to marry her, but of course does not want to stay with her in that old house. So she has 2 choices, one is to remain single stay alone in the old house (so called worth a lot of money), or move out to live in her boyfriend bigger mansion. Which would you choose?

Please remember that without cutting the media business , Sph cannot bring in substantial shareholders, like the daughter cannot get married. Properties is rare commodity in Singapore. You can see all big properties companies are tightly controlled by tycoons. Once Sph free from the shareholding limit, what would those tycoons do?

I start to admire my own wisdom for seeing through the wisdom behind this deal.

Adrianinsing      ( Date: 12-May-2021 23:19) Posted: A brilliant analogy  rlong8288      ( Date: 12-May-2021 19:26) Posted: Good illustration

 

Cute analogy. So the daughter is the present CEO and the house is the media business . Well get rid of the the daughter (ceo) not the house (media business). I am confident the new entity will be profitable and according to Mr Iswaran ...future profits from the media business to be reinvested into the media operations rather than be distributed to shareholders (quote).

 

Any old houses want to give away not, i can help you. Why can' t to delist and pay back money to shareholders

investshare      ( Date: 12-May-2021 19:01) Posted: This case is like old man left a big house to daughter, and will such that she can stay for as long as she can, but cannot sell away. So she can stay and even rent out to collect profit. But one day, she is old already and the house is so run down that no one want to rent fr her anymore, and it is so costly to restore it. So her best option is to give it away. TezzSay      ( Date: 12-May-2021 13:45) Posted: Agree. How can 120 years brand worth less than Zero (minus 110 million plus 2 very expensive News Centre )?  Please consider share holder feeling

 

A brilliant analogy 

rlong8288      ( Date: 12-May-2021 19:26) Posted: Good illustration  investshare      ( Date: 12-May-2021 19:01) Posted: This case is like old man left a big house to daughter, and will such that she can stay for as long as she can, but cannot sell away. So she can stay and even rent out to collect profit. But one day, she is old already and the house is so run down that no one want to rent fr her anymore, and it is so costly to restore it. So her best option is to give it away

 

In Singapore the land worth millions alone so why give away ?
This one give away plus give money for renovation and 10 year living allowance .
The daughter cannot be so useless , cannot work at all, with 10 years money ,
Maybe time to change the caretaker .
I am sure it will be viable. Why don' t we follow government plan and change the current caretaker since it' s not working.

 

 

Good illustration 

investshare      ( Date: 12-May-2021 19:01) Posted: This case is like old man left a big house to daughter, and will such that she can stay for as long as she can, but cannot sell away. So she can stay and even rent out to collect profit. But one day, she is old already and the house is so run down that no one want to rent fr her anymore, and it is so costly to restore it. So her best option is to give it away. TezzSay      ( Date: 12-May-2021 13:45) Posted: Agree. How can 120 years brand worth less than Zero (minus 110 million plus 2 very expensive News Centre )?  Please consider share holder feeling

 

This case is like old man left a big house to daughter, and will such that she can stay for as long as she can, but cannot sell away. So she can stay and even rent out to collect profit.
But one day, she is old already and the house is so run down that no one want to rent fr her anymore, and it is so costly to restore it. So her best option is to give it away.

TezzSay      ( Date: 12-May-2021 13:45) Posted: Agree. How can 120 years brand worth less than Zero (minus 110 million plus 2 very expensive News Centre )?  Please consider share holder feeling . BillionX      ( Date: 12-May-2021 13:22) Posted: No one is questioning the ?wisdom ? of the proposal. It is the question of compensation for the value of the media business and the millions shareholders have to fund the new entity. The proper way should be for SPH to sell at arms length the media business to the new entity . A fair price between willing buyer and seller. The management has failed in its management of the media business and now shareholders are asked to bear the burden!

 

Looks like is done deal, appointing interim CEO SPH media

 

Agree. How can 120 years brand worth less than Zero (minus 110 million plus 2 very expensive News Centre )?  Please consider share holder feeling .

BillionX      ( Date: 12-May-2021 13:22) Posted: No one is questioning the ?wisdom ? of the proposal. It is the question of compensation for the value of the media business and the millions shareholders have to fund the new entity. The proper way should be for SPH to sell at arms length the media business to the new entity . A fair price between willing buyer and seller. The management has failed in its management of the media business and now shareholders are asked to bear the burden!