Fund managers figure AsiaOne is selling for 65% or so above fair market value because it is backed by the huge, cash-rich, newspaper monopoly, the SPH Group.
Take some of the better known Singapore listings, SPH AsiaOne and Horizon.com, both of which are trading below their offering prices.
According to the ETF Finder at ETF Channel, SPH makes up 2.27% of the MLP ETF ( AMEX: MLPA )which is trading higher by about 0.3% on the day Wednesday.
According to the ETF Finder at ETF Channel, SPH makes up 2.48% of the MLP ETF ( AMEX: MLPA )which is trading up by about 0.1% on the day Thursday.
FORBES: SPH Makes Bullish Cross Above Critical Moving Average
According to the ETF Finder at ETF Channel, SPH makes up 6.61% of the Global X Junior MLP ETF ( AMEX: MLPJ )which is trading relatively unchanged on the day Friday.
The report noted that among utilities, SPH shares displayed both attractive valuation metrics and strong profitability metrics.
FORBES: SPH Added as Top 10 Utility Dividend Stock With 8.84% Yield
Below is a long-term dividend history chart for SPH, which Dividend Channel stressed as being of key importance.
FORBES: SPH Added as Top 10 Utility Dividend Stock With 9.07% Yield
Samsung has released a software update for the SPH-d700 (Epic 4G) which is recommended to be installed.
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The CD-IH202 connectivity kit is an "all digital" connection designed for use with the AppRadio 2 SPH-DA100, AVH-X8500BHS, AVIC-Z150BH and AVIC-X950BH.
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Samsung of South Korea used the CTIA Wireless 2001 trade show to display working models of the SPH-1300, which will join the chorus of phones that wear a second hat as PalmPilot.
Sources say SPH's AsiaOne - Singapore's biggest content aggregator - is likely to list locally in June.
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