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Why when it .40 you don't buy,
Now it high-high then you buy?... lol... just joking...
alexchia01 ( Date: 09-Feb-2012 15:53) Posted:
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Wah. 90% of profit payout and only expected divident yield of 4%... quite sad. Telecoms counters divident almost double... only would ahve been a good buy if one had vested at the IPO and still holding, imho.
I think can still buy Sheng Siong today.
Entry: $0.490 and Above
Stop-Loss: $0.470
Target: $0.575
More on my Blog at Alex Trades.
Good luck.
Sing song all the time. Very happy company. Lol..
50.5cts 
Anyone in on sheng siong?
Sheng Shiong is moving ahead as plan. The plan to expand overseas was stated in the IPO prospectus. It's share price will move up as expansion grows.
Prospectus Extract:
Future Plans and Use of Proceeds
The Group plans to use its net proceeds of approximately S$62.6 million from the IPO for the following purposes:
- approximately S$30.0 million to repay the term loan for Mandai Link Distribution Centre, the new corporate headquarters and warehousing and distribution facility.
- approximately S$20.0 million to develop and expand the Group’s grocery retailing business and operations in Singapore and overseas.
- approximately S$12.6 million for working capital purposes.
chinton86 ( Date: 28-Nov-2011 23:36) Posted:
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Trying to smoke investor lar
krisluke ( Date: 28-Nov-2011 22:15) Posted:
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Sheng Siong
Sheng Siong: Daiwa has unrated report. Note that grp is a major force in grocery shopping, with plans to increase floor space by 10%/year for the nx 3yrs. Increased own-brand mix to boost margins. Expects more aggressive expansion post IPO overseas expansion to be measured.
Sheng Siong eyes Malaysia, new stores to boost sales
Singapore supermarket retailer Sheng Siong Group (SHEN.SI) is in talks with a potential partner to help it expand into neighbouring Malaysia, a senior executive told Reuters.
Sheng Siong, which owns 25 stores in Singapore today, aims to own at least 50 outlets in Malaysia over the longer-term, as a fast-growing population and rising income will boost demand for basic necessities like groceries.
Sheng Siong, which owns 25 stores in Singapore today, aims to own at least 50 outlets in Malaysia over the longer-term, as a fast-growing population and rising income will boost demand for basic necessities like groceries.
千 倍 千 倍 , don't 千 倍 until go Lim Chu Kang graveyard Lol :)
xing78 ( Date: 14-Oct-2011 23:27) Posted:
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Never follow Others.
If not You will end up like him... LOL!!!
Find your own ways and ..
You will end up like WB...LOL.
Don't bring out the sad past la!
Istana very hard to run naked through U know?
xing78 ( Date: 14-Oct-2011 23:25) Posted:
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Is SS going to price itself with more profit, usual tobe cheap and good (low profit), now...seem quite expensive, errr...I mean pasar mkt price and not stock price.
If there is no profit can still give dividend?
Those who have vested interest better not watch the Sheng Shiong show coming soon.
Hahaha...
千 倍 ， 千 倍 ， 千 倍 ！ ！ ！
LOL
analyst ( Date: 14-Oct-2011 16:38) Posted:
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I can still remember someone says he want to strip naked and run around Istana.
LOL
warrenbegger ( Date: 14-Oct-2011 23:22) Posted:
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U must strip naked to buy in order to huat!
If price ever reaches S$0.34 or lower, many investors will surely accumulate this counter to enjoy the very much better dividend yield. The problem is we don't know when.
louis001 ( Date: 14-Oct-2011 12:37) Posted:
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