Singapore Press Holdings (SPH)

[mkmk]

http://infopub.sgx.com/Apps?A=COW_Corpor...lfO9VAwq9U

FY13 Year End Results

- Net profit attributable to shareholders of $431.0 million was $143.8 million (25.0%) lower compared to FY 2012.
- The current year’s results included a fair value gain of $111.4 million arising from the change in recognition of investment properties from cost to fair value basis in view of the establishment of SPH REIT.
- Group recurring earnings of $369.3 million fell by $59.5 million (13.9%), mainly attributable to lower contribution from the Newspaper and Magazine business including an impairment charge for an overseas subsidiary.
- Group operating revenue of $1,239.5 million for FY 2013 was $33.5 million (2.6%) lower against FY 2012.
- A Final Dividend of 15 cents per share, comprising a Normal Dividend of 8 cents per share and a Special Dividend of 7 cents per share.
- total Dividend payout for FY2013 will be 40 cents.

Vested.

[Greenrookie]

[Image: picture1.png]

My hypothesis of better GDP (economic activities) correlating to as least the "display" segment of the advertisement, does not seem to hold. although it does result slower fall in revenue.

Wonder why Q2 which is the Q4 of 2012 GDP is so weak?

[Image: picture2.png]

[mkmk]

Wonder why Q2 which is the Q4 of 2012 GDP is so weak?

Based on the Q2 Press Release:

Revenue for the Newspaper and Magazine business declined $17.2 million (7.1%) to $224.4 million. This was mainly attributable to a fall in advertisement revenue of $13.9 million (7.6%) to $168.5 million, especially in the property and transport sectors. In addition, circulation revenue contracted by $2.4 million (4.9%) to $47.3 million.

I don't recall the cooling measures being effective at end-2012 that could explain the decline in property advertising

[CityFarmer]

A glimpse on SPH presentation slides, the "Others" segment's losses seemed has widen, from close to -20 mil to -38 mil. The reason(s) cited were stepping up investment on ST701, and provision for "losses" in OpenNet divestment? It seems the "Others" segment still need time to grow and become profitable.

Advert and circulation revenue declined about 4%. Advert and circulation revenue were declining since FY2010.

Reference: http://infopub.sgx.com/FileOpen/ResultsP...eID=259555

[Dividend Hermit]

Just to check, does the special dividend works like normal dividend? As long as I got the shares during or before CD, then I will get both normal + special dividend?

[Nick]

Just to check, does the special dividend works like normal dividend? As long as I got the shares during or before CD, then I will get both normal + special dividend?

Yes. As long as you have the shares when it CD and hold it to it XD, you will get the dividend on the payable date.

(Not Vested)

[Dividend Hermit]

Just to check, does the special dividend works like normal dividend? As long as I got the shares during or before CD, then I will get both normal + special dividend?

Yes. As long as you have the shares when it CD and hold it to it XD, you will get the dividend on the payable date.

(Not Vested)

Thanks for your help!

[BestPrice]

Singapore Press Holdings launches S$100 million New Media Fund

http://sg.news.yahoo.com/singapore-press...10620.html

[cyclone]

‘Anonymous’ hacker targets Straits Times website

SINGAPORE — A hacker claiming to be part of the Anonymous collective broke into the Straits Times website today (Nov 1), two days after the group purportedly posted a YouTube video threatening to attack the Singapore Government, and promised more to come if a reporter does not apologise for an article deemed “misleading”.

In a statement released later in the morning, a Singapore Press Holdings spokesperson confirmed that the site had been hacked into and a police report had been made.

Said the spokesperson: "A section of the Straits Times website was hacked into earlier this morning. We have taken down the affected blogs.

"We have also made a police report, and the police are investigating."

The hacker, who goes by the moniker “The Messiah”, hacked into the blog of reporter Irene Tham and posted a message under her name with the headline: “Dear ST: You just got hacked for misleading the people!”

In the Straits Times article, "Government agencies on alert after hackers threaten attacks" dated Nov 1, the quote "we will be forced to go to war with you" was attributed to the YouTube video posted two days ago.

“The Messiah” said he was unhappy that the reporter “chose to conveniently modify the sentence ‘war against the Singapore Government’ into ‘war against Singapore’”.

“That in our opinion can be very misleading,” the hacker posted on the blog, which has since been taken down.

The hacker added that the collective will give the reporter “48 hours to make an apology to the citizens of Singapore for trying to mislead them with her hate. In the event she refuses to apologise then we expect her resignation. If those demands are met we will be on our way.”

In this morning's post, “The Messiah” stated: “The media has also misled our intentions by stating that we had plans to attack the infrastructure of Singapore on the 5th of November. That is ONLY our intention if the internet framework gets implemented. Not otherwise.”

Full article : http://www.todayonline.com/singapore/ano...es-website

<vested>

[Temperament]

Wah! So brave!
What's next?
Are they Singaporeans?