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The good management team, I think,  comprise of the lim siblings,
son and daughter, nephew and niece, plus other family relative.
Quote " ..  At price of 0.43, the yield is much better than the low interests banks are paying to their depositors.in that case,   at price of 0.34, the yield is even very much better...LOL..
analyst ( Date: 14-Oct-2011 12:08) Posted:
A provision store business is just a small retail outlet lacking resources and finances to expand its business. SSG is more than a provision store business. It has a S$65 million warehouse to do wholesale, distribution and retailing. They've a growth business model and a good management team. They'll expand their number of outlets, venture into e-commerce and producing more quality house brand products. Their business model has better cost efficiency as compared to their competitors. We should expect to receive regular good dividends from SSG. At price of 0.43, the yield is much better than the low interests banks are paying to their depositors.
AnthonyTan ( Date: 14-Oct-2011 11:04) Posted:
This is just a provision store business. I have a provision
store in my neighbourhood also.  The different is that SS has many
stores spread out in the heartlanders. My fair estimate value is $0.20,
unless SS can pay me a reasonable dividend. Check it out to find many
cheap good stock listed in SGX |
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A provision store business is just a small retail outlet lacking resources and finances to expand its business. SSG is more than a provision store business. It has a S$65 million warehouse to do wholesale, distribution and retailing. They've a growth business model and a good management team. They'll expand their number of outlets, venture into e-commerce and producing more quality house brand products. Their business model has better cost efficiency as compared to their competitors. We should expect to receive regular good dividends from SSG. At price of 0.43, the yield is much better than the low interests banks are paying to their depositors.
AnthonyTan ( Date: 14-Oct-2011 11:04) Posted:
This is just a provision store business. I have a provision
store in my neighbourhood also.  The different is that SS has many
stores spread out in the heartlanders. My fair estimate value is $0.20,
unless SS can pay me a reasonable dividend. Check it out to find many
cheap good stock listed in SGX.
analyst ( Date: 14-Oct-2011 10:12) Posted:
0.43cts is just a fair value estimate by OCBC IR. There is another research analyst giving a fair value estimate of 0.61cts while another giving a value of 0.305cts.  Estimated values are just figures for reference. Many times, it confused many investors. |
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This is just a provision store business. I have a provision
store in my neighbourhood also.  The different is that SS has many
stores spread out in the heartlanders. My fair estimate value is $0.20,
unless SS can pay me a reasonable dividend. Check it out to find many
cheap good stock listed in SGX.
analyst ( Date: 14-Oct-2011 10:12) Posted:
0.43cts is just a fair value estimate by OCBC IR. There is another research analyst giving a fair value estimate of 0.61cts while another giving a value of 0.305cts.  Estimated values are just figures for reference. Many times, it confused many investors.
louis001 ( Date: 14-Oct-2011 09:36) Posted:
so finally after 1 week....SSG touches 43cts now....
get ready for some rain and showers   coming... |
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SS - OCBC, 1st round to take profit. Others research is for super long at $0.61, while yet another is value super short at $0.305 to buy...Happy trading...Ya.
analyst ( Date: 14-Oct-2011 10:12) Posted:
0.43cts is just a fair value estimate by OCBC IR. There is another research analyst giving a fair value estimate of 0.61cts while another giving a value of 0.305cts.  Estimated values are just figures for reference. Many times, it confused many investors.
louis001 ( Date: 14-Oct-2011 09:36) Posted:
so finally after 1 week....SSG touches 43cts now....
get ready for some rain and showers   coming... |
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analysts also guess and guess. wonder how many of them are extreme professionally trained in consider every details.I believe some sifus here can be analysts like them.
just put the two together and debate, that will be interesting to find out the answer.
remember that when rating YZJ's future prospect from shipyarding to loansharking, 1 out of 15 agst the positive future. wonder how all 14 had positive,  was the one see the unreliability of the china corporates' intergrity or is he too conservative(personal view kicked in besides figures and facts).
 
analyst ( Date: 14-Oct-2011 10:12) Posted:
0.43cts is just a fair value estimate by OCBC IR. There is another research analyst giving a fair value estimate of 0.61cts while another giving a value of 0.305cts.  Estimated values are just figures for reference. Many times, it confused many investors.
louis001 ( Date: 14-Oct-2011 09:36) Posted:
so finally after 1 week....SSG touches 43cts now....
get ready for some rain and showers   coming... |
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0.43cts is just a fair value estimate by OCBC IR. There is another research analyst giving a fair value estimate of 0.61cts while another giving a value of 0.305cts.  Estimated values are just figures for reference. Many times, it confused many investors.
louis001 ( Date: 14-Oct-2011 09:36) Posted:
so finally after 1 week....SSG touches 43cts now....
get ready for some rain and showers   coming....
louis001 ( Date: 07-Oct-2011 10:09) Posted:
Quote :OCBC IR   :....We initiate coverage on SSG with a HOLD rating at a fair value estimate of S$0.43 based on a discounted free cash-flow-to-equity model (cost of equity: 7.6% terminal growth rate: 2%), and this translates to a dividend yield of 4.6% based on FY11F earnings. We will turn buyers of SSG at S$0.40 or lower. "
look like they meant what they said and their supporters are also coming in to start buying ...preparing to take off to up to 0.43....
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so finally after 1 week....SSG touches 43cts now....
get ready for some rain and showers   coming....
louis001 ( Date: 07-Oct-2011 10:09) Posted:
Quote :OCBC IR   :....We initiate coverage on SSG with a HOLD rating at a fair value estimate of S$0.43 based on a discounted free cash-flow-to-equity model (cost of equity: 7.6% terminal growth rate: 2%), and this translates to a dividend yield of 4.6% based on FY11F earnings. We will turn buyers of SSG at S$0.40 or lower. "
look like they meant what they said and their supporters are also coming in to start buying ...preparing to take off to up to 0.43....
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Well supported by BBs when it hit low...< 0.40c,
today SS vol oso increases, several 1-2 million changed hands at 0.425, It too oso took profiting by many after it  run up, on Euro mkt weak opening.  Happy trading.
Sheng Siong |
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Op-0.420 |
Cls-0.425 |
+0.005 |
+1.2% |
Vol-52,658,000 |
1,038,000 |
0.420 |
0.425 |
969,000 |
Hi-0.430 |
lo-0.415 |
It's in  the interest for SS BBs to give SS Boss, a strong  push up initially, hitting a high of  0.570c.
Collected some kopi $  after sold off @0.555, then loss it to Midas. on average still make some kopi $.
Trading on a weaker / lower volume
now@0.410 (It need strength to reach it old px, gd for short term trading)
AnthonyTan ( Date: 10-Oct-2011 12:33) Posted:
Agreed, for trading short term. How to invest in a provision
store business. I am not interested in investing in this kind.
cheers.
teeth53 ( Date: 10-Oct-2011 11:00) Posted:
SS is not short down, but slowly bot down, now trading at 0.405 cts, minus  pt half a cent  -0.005c
(ONI for short term trading, no interest in vesting - just sharing my trading info)
Sheng Siong |
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Op-0.410 |
Cls-0.405 |
-0.005 |
-1.2% |
Vol-7,283,000 |
2,178,000 |
0.400 |
0.405 |
2,415,000 |
Hi-0.415 |
Lo-0.400 |
 
 
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Agreed, for trading short term. How to invest in a provision
store business. I am not interested in investing in this kind.
cheers.
teeth53 ( Date: 10-Oct-2011 11:00) Posted:
SS is not short down, but slowly bot down, now trading at 0.405 cts, minus  pt half a cent  -0.005c
(ONI for short term trading, no interest in vesting - just sharing my trading info)
Sheng Siong |
  |
|
Op-0.410 |
Cls-0.405 |
-0.005 |
-1.2% |
Vol-7,283,000 |
2,178,000 |
0.400 |
0.405 |
2,415,000 |
Hi-0.415 |
Lo-0.400 |
 
 
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SS is not short down, but slowly bot down, now trading at 0.405 cts, minus  pt half a cent  -0.005c
(ONI for short term trading, no interest in vesting - just sharing my trading info)
Sheng Siong |
  |
|
Op-0.410 |
Cls-0.405 |
-0.005 |
-1.2% |
Vol-7,283,000 |
2,178,000 |
0.400 |
0.405 |
2,415,000 |
Hi-0.415 |
Lo-0.400 |
 
 
Sheng Siong Sing song shoik shoik...
Today Sheng Siong transforms to Sheng Chiong...aaah!
louis001 ( Date: 07-Oct-2011 10:09) Posted:
Quote :OCBC IR   :....We initiate coverage on SSG with a HOLD rating at a fair value estimate of S$0.43 based on a discounted free cash-flow-to-equity model (cost of equity: 7.6% terminal growth rate: 2%), and this translates to a dividend yield of 4.6% based on FY11F earnings. We will turn buyers of SSG at S$0.40 or lower. "
look like they meant what they said and their supporters are also coming in to start buying ...preparing to take off to up to 0.43....
  |
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Quote :OCBC IR   :....We initiate coverage on SSG with a HOLD rating at a fair value estimate of S$0.43 based on a discounted free cash-flow-to-equity model (cost of equity: 7.6% terminal growth rate: 2%), and this translates to a dividend yield of 4.6% based on FY11F earnings. We will turn buyers of SSG at S$0.40 or lower. "
look like they meant what they said and their supporters are also coming in to start buying ...preparing to take off to up to 0.43....
 
Need BBs and commando to push up again,Top too heavy and below too wet :)  warrenbegger ( Date: 03-Oct-2011 22:24) Posted:
Too much seller on top, all waiting for chance to get out.
Most kanna trap when chasing high in bad market, new bird and sotong all kanna cook and roasted... 
warrenbegger ( Date: 26-Sep-2011 22:12) Posted:
Already at a danger lvl, keep going down.
Those holding at high need rebound to sell, those looking dont get in too fast. |
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What do you all feel about the price range of Sheng Siong within this 2 weeks ?? 
Submarine will be coming soon lol.
Today the whole market "
Chiong Aaaaaaaarrrhhh!!!" ,
    How come this counter
pengsan instead?
.375 now... 

JUNWEI9756 ( Date: 05-Oct-2011 17:33) Posted:
FINALLY !!!!!! Day one never come out top volume . lol…  |
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FINALLY !!!!!! Day one never come out top volume . lol…