This is my own representation and analysis, based on several marketing theories, SWOT, Porter’s Diamond, etc…Haha..too marketing jargons liao
1. Singapore Press Holdings
The one & only publishing company. Some say they are government backed. In a way, it is true. Cos we all know that the papers in SG(Straits Times, Business Times, Liang He Zao Bao, Berita Harisan, etc). Competition absent/lacking
Little or no room for growth. Do not expect to see SPH to come with a innovative product to bring their stocks sky rocketing. As a result, I do not think SPH pays alot for R&D. Innovation in Product offerings, in like of Apple Computer, their ipod help boost their market standing..Stats not available @ Blog Time…I will blog about Apple’s Company for sure..since they are one of my favourite company now
Markets in China is blooming..SPH could consider going there to expand their market and as well as enhance shareholders’ value…That’s our EPS and P/E ratio, etc. Our singapore market of 4 million is just too small for them to deliver growth for the shareholders value.
Maybe the internet? Cos the internet offers more than any printed media can possibly offer.
Some facts about SPH:
SPH publishes 13 newspapers in the four official languages and more than 70 magazine titles. Everyday, 2.78 million people, or 90 per cent of people above 15 years old, read one of these publications. In addition, the company also holds a 40% stake in MediaCorp Press Pte Ltd which publishes free newspaper Today.
The SPH Internet Business Unit manages the online editions of SPH’s major newspapers and magazines, which together enjoy over 250 million pageviews a month and are used by major brands to reach out to a 4 million-strong predominantly professional, manager, executive and businessman (PMEB) audience.
SPH continues to maintain a presence in the free-to-air television business with a 20% share in MediaCorp TV Holdings Pte Ltd which operates channels 5, 8, U and TV Mobile.
Under a joint venture company UnionWorks with NTUC Media, SPH operates two entertainment radio channels, UFM 100.3 FM in Chinese and WKRZ 91.3 FM in English.