I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

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Friday, 7 May 2021

SPH deal aims to improve asset values, ease shareholder pressure off media unit

Finally; COVID-19 has pushed GLC companies like SPH, CPL, SCI, Keppel etc to improve shareholder value by cutting rotting parts!


7 comments:

  1. Singapore Property Holdings can finally get on its business to make money! LOL!

    But I'm disappointed that tons of taxpayer money will have to be used to bail out the rotting parts.

    ReplyDelete
    Replies
    1. 🤣

      I'd rather that the SPH Media function be taken over by a dept within Ministry of Communication & Info for official & national news. 😁

      Delete
    2. How's that for PR spin?

      Money losing businesses... Hey! Let's coin them "Not For Profit"!

      There! Done! That was easy! Why didn't we think of it earlier?


      Once upon a time, Singapore takes pride in that our state owned enterprises are all money making - unlike other countries where they are money sucking black holes forever in the red...

      Hence we privatise this, get listed that. Make money must flex and monetise mah!


      Monopoly also cannot make money...

      Cannot sell... (like NOL)

      Just have to suck it up.

      And hope not too many Singaporeans ask awkward questions like why hospitals, electricity, telecoms, shipyards, defense technology, transport (airline, shipping, train, bus, taxi) we privatise, yet media we...

      Shh...

      Delete
  2. no wonder GST needs to be raised

    ReplyDelete
  3. So many other social media around biting each other. Its amazing they can endured until now then start changing.

    ReplyDelete
  4. Maybe SPH mgmt & MCI can consult Charlie Munger's Daily Journal or the New York Times on how to run a profitable news biz in the age of free online news environment!

    Rupert Murdoch (Wall St Journal) and Michael Bloomberg (Bloomberg News) also can. 🤣

    ReplyDelete

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