media

Broker's Calls

Alleged Uber probe unlikely to shake ComfortDelGro's outlook: Maybank

SINGAPORE (Oct 5): Maybank KimEng is remaining firm on its latest upgrade to a “buy” call on ComfortDelGro (CDG) with unchanged price target of $2.40 or 16 times FY18 forecast earnings.

Broker's Calls

Time to 'buy' SPH after stock oversold, says OCBC

SINGAPORE (Sept 21): OCBC Investment Research is upgrading its call on Singapore Press Holdings (SPH) to “buy” from “hold” previously on valuation grounds, with an unchanged fair value estimate of $3.25.

Broker's Calls

Don’t get too excited over SPH’s latest healthcare acquisition yet, UOB warns investors

SINGAPORE (Aug 23): UOB Kay Hian is maintaining its “hold” call on media group Singapore Press Holdings (SPH) with a lower target price of $2.85 compared to $2.90, as well as a recommended entry price of $2.60.

Social media remains key source for news content despite concerns of 'fake news'

SINGAPORE (Aug 22): New research by YouGov has revealed that nearly half its survey respondents (47%) believe there is a problem with “fake news” on TV, with a similar proportion (49%) reporting the same concern in newspaper content and radio (41%).

Temasek's net portfolio value rises 14% to record $275 bil for FY17 ended March

SINGAPORE (July 11): Singapore state investment company Temasek has announced that its net portfolio value for the year ended March rose 14% to $275 billion.
From Google Drive

Disruption of media industry keeps SPH on ‘hold’ despite Bidadari win

Disruption of media industry keeps SPH on ‘hold’ despite Bidadari win

Broker's Calls

No turnaround in sight for SPH, says UOB Kay Hian

SINGAPORE (April 13): UOB Kay Hian continues to rate Singapore Press Holdings (SPH) at “sell” with an unchanged fair value estimate of $3.29, following the release of the group’s 2Q17 results.

Global Economy

Buffett's newspaper group slashes 289 jobs

NEW YORK (April 4): Warren Buffett’s Berkshire Hathaway Inc. eliminated 289 jobs at its newspapers amid a decline in print readership and advertising revenue.

M&A

Technology M&A saw notable West-to-East value shift in 2016. Here’s why

SINGAPORE (March 14): Technology mergers and acquisitions (M&A) have hit an all-time global value record of US$466.6 billion ($660.1 billion) in 2016.

Broker's Calls

With a new group CEO, mm2 Asia is poised for growth in North Asia market

SINGAPORE (Jan 11): Media content producer mm2 Asia has appointed media veteran Chang Long Jong as its new group chief executive officer (CEO). Its current CEO, Melvin Ang Wee Chye, will continue at his post until Chang’s appointment takes effect on Apr
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