SPH   

SPH - A new diversified conglomerate

Anyone able to advise this ?

SPH and counterclaimStreetSine litigation case

 

Most pbsa contracts is around 48- 51 weeks (more commonly at 48 weeks), whereas SPH' s pbsa contract is fixed at 51 weeks on the high side if I' m not wrong. Not sure whether it' s still that attractive for the students. I have visited their pbsa website, room types categorised like hotel (deluxe etc). With this concept, the take up rate probably around 80% at best (compared on basis to hotel take up rate)

Above is my personal opinion, I may be wrong. Anyway this is my first post in this forum



 

danger      ( Date: 08-Jul-2020 18:01) Posted: TRUMP IS TURNING AWAY FOREIGN STUDENTS UK COULD SEE AN INCREASE IN FUTURE STUDENTS ENROLMENTS BENEFIT SPH UK STUDENT ACCOMMODATION

 

LOAD UP

 

TRUMP IS TURNING AWAY FOREIGN STUDENTS

UK COULD SEE AN INCREASE IN FUTURE STUDENTS ENROLMENTS

BENEFIT SPH UK STUDENT ACCOMMODATION 

 

Seems like most think $2.06 is a lowball opportunistic offer. Good good.

 

The mkt will ' vote' what it thinks tmr n the days to come.  But the mkt cld be wrong too (don' t say mkt is always right many a time,    manipulators seizes the slightest excuse to exploit the mkt for their own gains, but the resultant panic created never materialises).  In the end, It' s KC' s business assessment/judgement against the mkt' s.  If KC tanks due to the perception that it' s not the cleverest of moves, then it' s an opportunity for those who believe with  KC to accumulate on the cheap.  Those who brave the tide cld  end up  winners as I believe KC' s track record speaks for itself (being caught in the Brazilian corruption scandal notwithstanding).  My personal view is I can' t say the same of SPH.  I think that in trying to re-invent themselves, post the digital disruption of the media business, they panic bought into businesses that were not the best fit over the last few yrs.  But in this M1  case, the initiative is KC' s n it may yet prove another risk-weighted decision gone right even though we are all well aware of the very tough mkt challenges facing the telco industry at the moment.    DYODD as always though. 

n3wbie      ( Date: 27-Sep-2018 23:03) Posted: Rejected by who? I think you are referring to M1' s other substantial shareholder, Axiata' s comments about wanting a better offer? Personally, I think it' s a good deal for M1' s shareholders, not quite sure if it is at the expense of Keppel and SPH' s shareholders? While it is good that they identified the long-term value of M1, is it too late to try and invest into a small player with only a SG footprint? Competition, pricing pressures, technology obsoletion are all real challenges undermining the performance of a traditional business such as M1. It is certainly not easy to remain relevant unless there are major changes in place, in which case, we may see execution risks. Let' s see what the market thinks tomorrow when all four counters resume trading. cobrajr      ( Date: 27-Sep-2018 16:40) Posted: Just heard on news offer rejected

 

Could be wanting to force Axiata to buy over their stakes at an even better price...maybe $3 you think? Haha

 

Rejected by who? I think you are referring to M1' s other substantial shareholder, Axiata' s comments about wanting a better offer?

Personally, I think it' s a good deal for M1' s shareholders, not quite sure if it is at the expense of Keppel and SPH' s shareholders? While it is good that they identified the long-term value of M1, is it too late to try and invest into a small player with only a SG footprint?

Competition, pricing pressures, technology obsoletion are all real challenges undermining the performance of a traditional business such as M1. It is certainly not easy to remain relevant unless there are major changes in place, in which case, we may see execution risks. Let' s see what the market thinks tomorrow when all four counters resume trading.

cobrajr      ( Date: 27-Sep-2018 16:40) Posted: Just heard on news offer rejected

 

Just heard on news offer rejected

 

SPH CEO SAID :

we are supporting Keppel in this offer as we see the potential for long term value creation in M1 from the growth and  business transformation initiatives to be undertaken post close of the offer. The transaction is earnings accretive for SPH shareholders, and is part of SPH ' s ongoing strategy to  enhance value for its shareholders.

investshare      ( Date: 27-Sep-2018 11:20) Posted: Good for M1, but good for SPH?

 

Good for M1, but good for SPH?

 

wish it could be lower Below $1.90

 

Good good - lowball offer in the works.

 

SINGAPORE Press Holdings (SPH), together with Keppel Corp, will be making a  pre-conditional voluntary general offer of S$2.06 per share for the remaining  M1 shares they do not own, valuing Singapore' s third largest mobile operator at S$1.9 billion. 

The purchase offer will be made through joint venture company, Konnectivity  Pte Ltd, which is majority owned by Keppel.

SPH, which owns 13.45 per cent of M1, will inject its entire 124.45 million M1  shares into Konnectivity. It is envisaged that the media and property group  will invest up to S$51.3 million.

 

SPH chief executive officer Ng Yat Chung said: &ldquo We are supporting Keppel in this offer as we see the potential for long term value creation in M1 from the growth and  business transformation initiatives to be undertaken post close of the offer. The transaction
is earnings accretive for SPH shareholders, and is part of SPH&rsquo s ongoing strategy to  enhance value for its shareholders.

" Keppel has demonstrated strong commitment to lead M1 in its transformation plans, and we  believe they are the right partner to take M1 further. We also see opportunities for SPH to  leverage on M1' s mobile platform to offer on demand and ready digital content to better
serve our customers. We look forward to working together to utilise our resources and  expertise to best develop M1."

Approval from the Info-communications Media Development Authority is a precondition  to making the offer

 

likely m1 buyout and privatisation in the card soon ... 

cobrajr      ( Date: 27-Sep-2018 07:44) Posted: Halt?

 

Halt?

 

4000+ lots ?? wtf over 10mil dollars?
confirm under the table talks ..:)
 

wehuattogether88      ( Date: 25-Sep-2018 13:18) Posted: Married deal of 4144 lots at 2.81

 

please make a lowball offer for M1

 

Easy sup sup suay

danger      ( Date: 26-Sep-2018 09:01) Posted: --- Post Removed by User ---