To The Moon

"Take umbrage" is trending after Singapore Press Holding (SPH) $報業控股(T39.SI)$ CEO responded a reporter yesterday. Below is the headline from Yahoo News:

SPH CEO Ng Yat Chung 'takes umbrage' at reporter's 'editorial integrity' question

Next, a video went viral on TikTok. Check it out below (only 2 minutes) including the creator's own view how he would have responded the questions. 

The points highlighted by the video creator above are legitimate and I certainly agree.

Here are 3 things to learn from SPH CEO that any one can apply in many aspects in life:

Human level: Manners are important. Learn to have manners and be polite. You only insult yourself and be a laughing stock when you lose manner.

If your upbringing was not great or if you grow up in a "complicated" environment, don't blame your family because it won't help. Think about how you can improve going forward. There are lots of resources from the net and books for self-learning.

Professional level: Public speaking and presentation skills are important, especially if you are reaching or already at the C level. You are not only representing yourself, but the whole company. The reputation of your company (including the employee's) are at stake. 

If your company does not support continuous professional development (CPD), don't blame your company. It is also your responsibility to strive and excel at work to become a professional. Again, books and internet are your best bet for self-learning.

Emotional level: Having the ability to control your emotion is key to be successful in life and in many aspects. 

Again, don't create more excuses when you fail to control your emotions because it won't help. Take the full responsibility and think about what you can do.

Practice mindfulness if you have a chance because it does help a lot to calm you down and be aware of your thoughts most of the time. Learn to control your emotion when you are young. Else you will be regret especially when you are old.

How's SPH performing?

SPH daily chart

• Buying interest started in mid of Nov 2020 where there was a bullish momentum bar acted as a change of character bar. Somthing is different.
• Supply has been decreasing next and a sign of strength rally broke above the swing high resistance at 1.28 followed by a back up action to confirm the accumulation structure.
• Mark up phase has started in end of Mar 2021 and created a climatic run up
• 16-17 Apr 2021: Supply manifested and in sync with the bearish price action suggested a stop of the up trend.
• Last Friday gap down with spike of supply (reacting to the announcement from SPH to restructure its media business into a not-for-profit entity) and low close suggested heavy selling and bearish sentiment. 
• Next support area: 1.3-1.4
• Let's see how SPH will react at the support area.
• Bearish