SPH shares see heavy trading for 2nd straight session today (23 Nov 2020). Honestly, I don't see how SPH can do better and have withdrawn my shares from them long ago. Can the company ever recover?
My opinion is that for a company to do well, it has to constantly grow it’s business segments and that will eventually translate into higher amounts of revenue and net profit if successful. Only with growth will its share price move.
Given what I know about SPH, it’s main media business is under a lot of pressure, and the rest of its businesses are not doing particularly well. If this continues, the company will never recover.
Hi there!
I am pessimistic about the company as well.
My opinion is that for a company to do well, it has to constantly grow it’s business segments and that will eventually translate into higher amounts of revenue and net profit if successful. Only with growth will its share price move.
Given what I know about SPH, it’s main media business is under a lot of pressure, and the rest of its businesses are not doing particularly well. If this continues, the company will never recover.