Singapore Press Holdings Ltd (SPRM.SI)
23 May 2013
|Market Cap (Mil.):||$6,972.87|
|Shares Outstanding (Mil.):||1,599.79|
Singapore Press Holdings Ltd (SPH) fell to the lowest in a month after the media and property firm posted a 15 percent drop in second-quarter net profit.
Singapore shares rose on Thursday, with media and property company Singapore Press Holdings Ltd (SPH) rising to its highest since December 2007 ahead of the second quarter earnings on Friday.
Singapore shares were steady at midday, but stocks of Singapore Press Holdings Ltd (SPH) rose to their highest since June 2008 after the media and property company said it plans to list a real estate investment trust.
CIMB Research downgraded Singapore Press Holdings Ltd (SPH) to 'neutral' from 'outperform' and cut its target price to S$4.27 from S$4.39, saying a weaker advertisement environment could hinder the company's print revenue.
Earnings vs. Estimates
Analyst Research Reports
Provider: Thomson Reuters Stock Report
Singapore Press Holdings Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Wright Reports
SPRM.SI - Event Transcript of Singapore Press Holdings Ltd conference call, Apr. 12, 2013 / 5:30AM ET
Provider: Thomson Reuters StreetEvents
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