Will SPH one day shut down its media and news business?
Do you think SG govt will allow SPH to sell off and shutdown its news and media segment considering it is not as profitable and a huge drag on their earnings?
It might be better if SPH fully becomes Singapore Property Holdings and dump its news business.
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Billy
13 Jan 2020
Development & Acquisitions Manager at Real Estate Private Equity
I personally highly doubt that would happen. Within the media industry, SPH is still considered the monopoly and this industry will always be relevant, but rather through what medium (print / web). If SPH does shut down its news / media business, it wouldn't be called Singapore PRESS Holdings anymore
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Bjorn Ng
13 Jan 2020
Business Analyst at 10x Capital
I don't think so, because I believe there will be government support for it. With that said, I do not this SPH would be a good business to invest in for the long term.
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No it will not. From the point of view of regulatory, SPh media has to keep running. In fact, there is an act which supports SPH's business as well. So i doubt it will ever close down. That said this means its media business will continue to be a drag on earnings
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James Yeo
13 Jan 2020
Editor at SmallCapAsia.com
Wont be. Govt supporting. Just tag along for recurring income. SPH becoming dividend cash cow anyway...
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SPH has commericals / residences properties and aged care sectors as their non-core businesses.
Their core business of publishing will pull down their numbers but their non-core business are still healthy.