SPH should buy Google
SPH will soon have money from its REIT IPO. The question is how to use the money wisely after returning some as dividends and paying back debt. My advice is to buy some shares of its competitor, Google who benefits from internet advertising and mobile ads too. Not forgetting that Google will come up with a cool product, Google Glass which will reap dividends in the future.
Although Google doesn’t pay a dividend, it is investing its cash in worthwhile projects that will make more profits in future, thus leading to a higher stock price. If Google pays dividend one day, it may signal that it is going the way of Apple and Microsoft, less innovation.
Entry filed under: Investing.