SPH FALLS

Asia’s leading media organisation, main board-listed Singapore Press Holdings (SPH),  has been downgraded by DBS Group Research to “fully valued”, from “hold” previously, and cutting its target price by 60 cents to $2.79.

This come after SPH saw earnings tumble 45.2% to $28.9 million in for the third quarter ended May on the back of weak advertising expenditure. 

“Online disruption continues to dampen the core media business, which is resulting in falling ROE as well as a lower earnings,” says Yeo. “Readers are shifting away from traditional newsprint, resulting in lower circulation and demand for newsprint. The outlook for adspend is likely to continue to be lacklustre,” says DBS lead analyst Alfie Yeo. 

Core earnings dropped 17% to $67 million, while revenue fell 11% to $260 million.

SPH recently struck a licensing partnership with US-based global business news source Business Insider (BI) to operate the latter’s Singapore and Malaysia editions. 

BI Singapore and Malaysia will offer local news, business and lifestyle stories, as well as content from BI’s newsrooms around the globe, including Australia, Germany, Britain and its headquarters in New York. BI in Singapore and Malaysia was previously operated by Malaysian media company Rev Asia Berhad.

 


BEST OF GLOBAL DIGITAL MARKETING Conference 2017

For the seventh year running, we are bringing back the famous Best of Global Digital Marketing Conference to KL with a special focus on Content Marketing this year. Unique case-study based learning, as our team monitors over 200 digital marketing award shows across the globe and interviews the winners. Based on this extensive work, we produce in-depth case studies.

Speakers with digital domain expertise:
• Hando Sinisalu, CEO of Best Marketing International
• Kyoko Yonezawa, Creative Technologist and member of Dentsu Lab Tokyo
• Scott Gray, Experience Director, Mirum South Africa

Global Case Studies include:
BANKING & INSURANCE: Compare The Market, Advocards, Allianz, Ally Bank, Barclays….
TECHNOLOGY & STARTUPS: Hubspot, Pipedrive, MoveHub….
AUTOMOTIVE: Volkswagen, Volvo, Nissan, etc FMCG: Ariel, Unilever, Snickers…
RETAIL: McDonald’s, Harvey Nichols, Zalando….
TRAVEL & TOURISM: Qatar Airways, Transavia, Finland Tourism, Sweden Tourism, KLM…

Each best practice case study is presented based on…
Business problem: What is the market situation? Who are the competitors? What is the target audience? What are the main business/marketing challenges? What are the goals?
Solutions: What are the consumer insights? What was the creative strategy? What was the media strategy? What were the results of the campaign?
Lessons: What other marketers from other countries/other business sectors could learn from this case study? What are the main mistakes to avoid?

The Best of Global Digital Marketing Conference has won popularity in more than 30 cities around the world from Singapore, Moscow, Jakarta, Istanbul to Amsterdam, Johannesburg, Prague, Shanghai, Seoul, etc.

Date: 14 August, 2017 (Thursday)

Venue: Sime Darby Convention Centre, Kuala Lumpur.

Time: 8.30am – 5.00pm

Book your seats early! Call Ruby on 03-77262588 or [email protected]

 


MARKETING Magazine is not responsible for the content of external sites.

The APPIES is an annual event that presents a rare opportunity for creative, media, digital and marketing agencies or brands to present their best campaigns to the industry.

This is the only event where Live Presentations meets Live Judging.

Similar to TED Talks, The APPIES is the chance for great presenters with outstanding work to show it off to some of the industry’s most important industry leaders.

This year’s winners will receive Gold, Silver or Bronze trophies for 21 categories, and 6 special Best of Best categories (red trophies) that require no submissions!

Campaign entries must have run between June 2023 to May 2024

Submissions Deadline
30th June 2024

APPIES Festival – Judging & Presentations
11th – 12th July 2024 (Malaysia)

 

Download Event PDF
Submit Entries Here




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