SPH to Restructure Media Business into Not-for-Profit Entity

[Actan72]

how come no NYC umbrage in the latest conference ??? is he frozen !!!

[inlinesix]

12 minutes ago, Actan72 said:

how come no NYC umbrage in the latest conference ??? is he frozen !!!

He stays in listco SPH lo.

[t0y0ta]

16 minutes ago, inlinesix said:

He stays in listco SPH lo.

He basically let go of the HARD part of the business and retain the EASY part.

Confirm next FY jump to profit and take the credit.

[inlinesix]

4 minutes ago, t0y0ta said:

He basically let go of the HARD part of the business and retain the EASY part.

Confirm next FY jump to profit and take the credit.

Look at the segmental P&L of SPH for FY2019/2020. 

Profit before tax (after removing Fair Value Change) of Property Segment declined from $181m (2019) to $153m (2020).

Property segment will always make $$.

On the other hand, media business model still stuck on old revenue model (advertising).

That's why KBW said a new business model is required to generate revenue.

Accordingly, that's why SPH Media is sourcing a Singaporean with worldview as CEO.

 

[Mustank]

[Nolicense]

On 5/13/2021 at 9:07 PM, yishunite said:

Even Calvin Cheng buay tahan

https://theindependent.sg/calvin-cheng-asks-why-two-retirees-in-their-late-60s-were-called-in-to-run-sph-media-trust/

Where is the talent pool? Actually more like since when gahmen ever trust younger ppl to make decisions?

he say recruit people like the DBS CEO.. you know what he talking about.. all talent is not global. none in sg

[Tohto]

On 5/6/2021 at 3:15 PM, Wt_know said:

MCF become non profit …

downsize to Intel386 PC? lol

You mean @kobayashiGT has to return his laptop and change to a 386 PC.

[Playtime]

On 5/14/2021 at 8:34 AM, Actan72 said:

how come no NYC umbrage in the latest conference ??? is he frozen !!!

If he's start showing up at the office of another GLC... there employees panic...

 

If he start showing up walk around at some GRC... EVERYBODY there panics..🤯🤯... maybe tanjong pagar again?🤣🤣🤣

[Albeniz]

No Umbrage please. 

Raise your words, not your voice.

It is the rain that grows the flowers，never the thunder.

[t0y0ta]

Was reading the Saturday Straits Times and Life section (for motoring) after a long while.

Wow! Less than 10 paid adverts (don't count govt advisories and SPH own self promote their radio stations etc) in total in entire paper.

And the most shocking thing is that in Motoring Life, only 1 car dealer advertise - AUDI. No surprise most of the articles are on Audi.

I recall in the past Saturday papers will have all ADs advertising - Borneo (Toyota + Lexus both have ads); C&C; BMW, Merc etc

Straits Times is becoming government announcement memo?

[Playtime]

4 minutes ago, t0y0ta said:

Straits Times is becoming government announcement memo?

just what do you mean by "becoming..." all these years you never read ST  before ah???

 

According to our great warrior businessman... full imperial title....  Mr Umbrage GLC Sinkus Maximus , they are :"...continuing the good work..."

[inlinesix]

1 hour ago, t0y0ta said:

Was reading the Saturday Straits Times and Life section (for motoring) after a long while.

Wow! Less than 10 paid adverts (don't count govt advisories and SPH own self promote their radio stations etc) in total in entire paper.

And the most shocking thing is that in Motoring Life, only 1 car dealer advertise - AUDI. No surprise most of the articles are on Audi.

I recall in the past Saturday papers will have all ADs advertising - Borneo (Toyota + Lexus both have ads); C&C; BMW, Merc etc

Straits Times is becoming government announcement memo?

Not just AD ads, all other ads also shrunk.

My newspaper is getting thinner over the past 18 months.

[kobayashiGT]

21 hours ago, inlinesix said:

Not just AD ads, all other ads also shrunk.

My newspaper is getting thinner over the past 18 months.

This is a supply and demand issue also lah. Businesses wanna to have more targeting power for their ads where print ads cannot provide. The future of ST should focus on online newspaper subscription.

[mersaylee]

I still have a stack of unflipped ST during late ah gong passing period...hope can sell for a profit...either fat profit or fat hope 😁

[kobayashiGT]

15 minutes ago, mersaylee said:

I still have a stack of unflipped ST during late ah gong passing period...hope can sell for a profit...either fat profit or fat hope 😁

Just make sure your house are free from termites. I scare got holes. hahhahha

[Ash2017]

If anybody bother to scan the horizon, if you think SPH is in deep deep trouble, wait this pandemic blows over. Hints: Hyflux, SIA, etc.  Then you realized we, SPH, is not that bad after all. We may not be among the best and neither are we among the worse.

 

Every morning before I start work, I put on my uniform to remind myself that I needed to be discipline. Discipline enough to see SPH turnaround. Unfortunately, recent umbrage had left few to believe. Therefore I have to work extra hard to make sure it works. 

 

 

[Victor68]

Honestly, there are not much 'news' in ST. It is just a daily routine habits that I need to read something every early morning. Now that it come in a form of tablet, I also tends to search internet than reading from ST. MCF has more news now. haha

[t0y0ta]

44 minutes ago, Ash2017 said:

If anybody bother to scan the horizon, if you think SPH is in deep deep trouble, wait this pandemic blows over. Hints: Hyflux, SIA, etc.  Then you realized we, SPH, is not that bad after all. We may not be among the best and neither are we among the worse.

 

Every morning before I start work, I put on my uniform to remind myself that I needed to be discipline. Discipline enough to see SPH turnaround. Unfortunately, recent umbrage had left few to believe. Therefore I have to work extra hard to make sure it works. 

 

 

I think SIA is in super deep shit.

COVID does not look like it will blow over anytime in early 2020s

The USA airlines and China airlines all still can service their internal routes.

SIA is stuck paying lease as well as maintenance for all its planes and most of its staff, with minimal revenue.