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Serious Shitty Times' Latest Revenue Collapse - DBS "Analyst" Blame Everything Else Except?

Discussion in 'The Courtyard Café' started by Pinkieslut, Aug 10, 2017.

  1. Pinkieslut

    Pinkieslut Alfrescian Old Timer

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    SPH to suffer from weak ad spends
    Its display and classified ads revenues fell by 21% in the past quarter.


    Singapore Press Holding's media business will remain bleak, following the segment revenue decline it incurred in the past quarter, down 16% to $183m.

    According to DBS Group Research analyst Alfie Yeo, this is apparent in the 22% decline in the turnover for classified and display ads.

    "This, in our view, validates that readers are shifting away from traditional newsprint, resulting in lower circulation and demand for newsprint," he said, noting that the outlook for adspend will likely continue to be lackluster going forward.

    He said a combination of sluggish consumer sentiment, poor GDP growth and subdued use of internet advertising in recent years has caused adex to plummet.


    "According to our economics desk, Singapore’s GDP growth for 2017 is expected to be at 2.8% from 2.0% in 2016. Whilst GDP is expected to recover, adex continues to fall led by a shift of consumer into online and advertisers using more online/social media in their marketing strategies," the analyst explained.

    He furthered, "More consumers are moving away from print and more advertisers are engaging online platforms in their marketing strategies."
     
  2. red amoeba

    red amoeba Alfrescian (Inf)

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    Re: Shitty Times' Latest Revenue Collapse - DBS "Analyst" Blame Everything Else Excep

    Continue to report shit news and charge for access and you have a terminal case with less than 3 quarters as prognosis. Look at SCMP, freeer news and it's free. And they dish out informative stuff.
     
  3. frenchbriefs

    frenchbriefs Alfrescian (Inf)

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    Re: Shitty Times' Latest Revenue Collapse - DBS "Analyst" Blame Everything Else Excep

    Got sph REITs holdings right?no need scare lah.worse come to worse just use subsidiary to support core business like hk MTR and churn out state propaganda for free.
     
  4. Leongsam

    Leongsam Administrator Staff Member Old Timer Old Timer

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    Re: Shitty Times' Latest Revenue Collapse - DBS "Analyst" Blame Everything Else Excep

    I now understand why the authorities keep blocking my site. They consider sites like mine to be cannabilising their revenue.
     
  5. johnny333

    johnny333 Alfrescian (Inf)

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    Re: Shitty Times' Latest Revenue Collapse - DBS "Analyst" Blame Everything Else Excep

    Are they still trying to do that?

    I would think that they have given up trying to block because there is too much work involved.
     
  6. MyMother

    MyMother Alfrescian Old Timer

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    Re: Shitty Times' Latest Revenue Collapse - DBS "Analyst" Blame Everything Else Excep

    If blocking a "competitor" is their remedy, they should just close down.
     
  7. frenchbriefs

    frenchbriefs Alfrescian (Inf)

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    Re: Shitty Times' Latest Revenue Collapse - DBS "Analyst" Blame Everything Else Excep

    They should block YouTube and Netflix instead,I'm pretty sure ur $400 a month ad revenue means nothing to them.
     

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