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  1. Q

    Serious Companies that need to retrench staff..

    Mediacorp receives huge government grants for public programming. If not, they would have died long ago. Companies like mediacorp and sph are losing their relevance in the digital age. What's the point of having journalists who are afraid to ask tough questions and write critical reports? Yet...
  2. Q

    Serious Companies that need to retrench staff..

    SPH will use this opportunity to cut staff. Usual pattern is announce pay cuts and hiring freeze, which they've announced this week. Followed a month later by retrenchment. Happened in 2016 and again in 2019.
  3. Q

    Serious The kindness of SPH to their Malaysia. Free good hotel stay and with goodies and a daily allowance some more

    This chap is known to be an idiot with no political cow sense. Wearing a mask when his recipients are without one. If he's unwell, then don't try to hog the limelight to get into the news. Get someone to do the the job. He secretly wishes to be an MP. He's the same idiot who bought a new...
  4. Q

    MOE tempting fate by not closing schools?

    LW just gave the reason for closing tuition centres to be to avoid having children from different schools mingling together. What kind of a reason is that???
  5. Q

    SPH shares gigantic crashing..

    Act of desperation. They probably thought old ages homes will deliver what retail property investment had done for the company. Their logic: many societies have ageing population. Not wrong. But didn't factor not all property investments are alike in terms of returns and operational demands...
  6. Q

    SPH shares gigantic crashing..

    https://www.businesstimes.com.sg/companies-markets/sph-scraps-purchase-of-canada-aged-care-assets-on-covid-19-instabilities Cold feet. Wonder how much SPH had spent in legal and M&A consultancy fees in pursuing this abortive purchase.
  7. Q

    SPH shares gigantic crashing..

    Don't forget they recently invested in a number of old aged homes in Japan and student dormitories in the UK. These hefty investments are bound to be impacted by the crisis like most hospitality businesses. Interestingly, the person championing this investment is not NYC but his deputy, Anthony...
  8. Q

    Serious SPH share price at 20-year low

    https://www.straitstimes.com/opinion/merits-of-holding-a-ge-during-an-outbreak?utm_source=STSmartphone&utm_medium=share&utm_term=2020-03-21+13%3A10%3A12 Poor translation quality aside, the implicit support for GE during the current crisis is irresponsible journalism.
  9. Q

    Serious SPH share price at 20-year low

    Like most counters, SPH share price is taking a beating. Analysts are predicting 1.50 as a possibility. But unlike other counters, SPH will struggle to recover, long after the pandemic is over. Newspaper advertisers who have stopped advertising this period may never return after getting...
  10. Q

    Serious SPH Revenue Collapse Again!

    https://m.facebook.com/story.php?story_fbid=10157253225699563&id=713079562 Caution! Your stomach might turn...
  11. Q

    Serious SPH Revenue Collapse Again!

    http://theindependent.sg/former-senior-st-correspondent-sph-may-have-been-better-off-if-it-did-not-axe-so-many-staff-last-year/#
  12. Q

    Serious SPH Revenue Collapse Again!

    https://www.businesstimes.com.sg/companies-markets/sph-posts-172-fall-in-q1-net-profit-on-lower-print-ad-revenue What the report did not say is the increased revenue from digital ads hardly made up for the 20% drop in print ad revenue over just one quarter. Same story for circulation and...
  13. Q

    Serious SPH Revenue Collapse Again!

    Current management thinks real estate is the solution. Have gone into malls, old age homes and student dorms. Paid lip service to "digital first" strategy for media business. No real strategy or have made sound investments. Dy CEO well known for spending time and resources signing MOUs with...
  14. Q

    Serious SPH Revenue Collapse Again!

    Watch out for Q1 results on monday 13/1. Analysts predict another revenue collapse. The management's excuse is getting tiresome. Challenging market conditions, etc etc. Understand the CEO NYC looks after property business while his Dy CEO, Anthony Tan, is in charge of media business, which has...
  15. Q

    Serious Free , Samsung Galaxy Tab A ( Wi-Fi only ) Tablet worth $398

    NYC is only tip of the problem...the entire organisation is in disarray from the CEO to his Dy CEO, an ex civil servant, to CCO, CFO, CTO, CPO and all the other Os. They all carry high payroll but have no clue on how to do business. So, the Dy CEO pushes for investment in old aged homes just...
  16. Q

    Serious Free , Samsung Galaxy Tab A ( Wi-Fi only ) Tablet worth $398

    It's oversubscribed because SPH set a low bar of only 3000 units. Fact that it used one of its own staff to endorse it only goes to show the low level confidence...
  17. Q

    Serious Free , Samsung Galaxy Tab A ( Wi-Fi only ) Tablet worth $398

    Wonder who'd want to pay $596 to get tab + ST app when you can get tab for $398? Sorry way to bump up circulation numbers with these tabs to hold on to advertisers. Both circulation and readership have fallen sharply. There are so many avenues to get credible news free! That's the problem when...
  18. Q

    Straits Times Tablet

    Samsung has more to gain from this exercise. Don't think for once they are sponsoring the tablets. What's sad is the people running the business side of the newsroom (not the Warrens and his types) are not coming up with more creative solutions to solve their print revenue problem. Putting ST...
  19. Q

    this Razer boss and that Samuel Seow lawyer have something in common

    https://kotaku.com/razer-ceo-berated-and-threatened-his-staff-former-empl-1840240823 Good read... coined his style "benevolent dictatorship". Only 1 other person we know very well of called himself that.
  20. Q

    Straits Times Tablet

    Another disingenuous idea from ST. Giving away a Samsung tab with ST app loaded this xmas at $24.90 a month, 2 year subscription plan.
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