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john_ric Senior	22-May-2013 17:05        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	. quite confirm correction is over.... heading to 71 cents (previous peak).
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Octavia Elite	22-May-2013 10:35        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	DBSV upgrades to Buy from Hold and Lifts TP to $0.76. Upgrade stems mainly from a more positive outlook on margins and earnings as well as the recent share price weakness. SSG outperformed house capex expectation in 1Q13. House now sees SSG achieving further economies of scale in terms of higher revenue per additional headcount, which will in turn drive higher margins.
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john_ric Senior	21-May-2013 13:29        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	.SS  correction seems over.
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sengsk Senior	14-May-2013 11:49        sengsk About Contact  Quote this Post!
x 0   x 0  Alert Admin	Aiming it sweet at 0.61 where its at my radar. john_ric      ( Date: 14-May-2013 11:33) Posted: .WHAT happen to SS ?? drop so much past few days??
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john_ric Senior	14-May-2013 11:37        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	. kim eng analysis not accurate.  like weather forecast.
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john_ric Senior	14-May-2013 11:33        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	.WHAT happen to SS ?? drop so much past few days??
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krisluke Supreme	30-Apr-2013 10:28        krisluke About Contact  Quote this Post!
x 0   x 0  Alert Admin	Small but nimble. Since the beginning of the year, Sheng Siong has done well. Its stock has outperformed the market by 36%, and despite rising competition and domestic labour constraints, core profits have jumped 30+%, driven by aggressive store expansion. We view Sheng Siong as a prime beneficiary of strong domestic consumption and a rerating amongst ASEAN supermarket plays. We raise our earnings forecasts by 6-8% for FY13-15F on a higher margin assumption. Maintain BUY with a TP of SGD0.80 (raised from SGD0.70), still based on 27x current year earnings. Stepping up to meet competition. Competition has stepped up a notch this year. For instance, Dairy Farm’s Giant outlets (now rebranded from Shop N Save), selected NTUC's Fairprice  and Cold Storage outlets are now open 24/7. Sheng Siong has kept pace with the market. To complement its aggressive store expansion last year, when it opened 8 stores (GFA +14.9% from +3.6% in 2011), Sheng Siong has also converted two of its normal outlets to 24/7 outlets. A Giant discount this month. To mark the rebranding exercise, Giant is offering 10% off on all house brand items in April. Discounting is normal behaviour for supermarkets, and Giant’s move does not seem overly aggressive. Hence, we do not expect a significant impact on Sheng Siong’s earnings in 2Q13. In 1Q13, the three supermarket operators had already run the usual promotions to coincide with the festive season and Sheng Siong was still able to grow 1Q13 revenue by 12% and core net profit by 31%. Efficiency levels surprised on the upside. 1Q13 gross margin was a higher-than-expected 22.5%, up from 1Q12’s 20.8%. 1Q margins are normally under pressure due to seasonally aggressive promotions during the Chinese New Year festival, when input costs would rise and selling prices are pressured by industry discounting. We understand from management that Sheng Siong was able to execute more effective cost management. As this will be sustainable, we have raised our margin assumptions for the full year to 22.5%, and raised our FY13-15 forecasts by 6-8%. Same store sales flat but not a concern. Same store sales (SSG) fell 2.3% YoY to SGD448.5 sales per sq ft, following the closure of the Teban outlet in March for renovation while a car park near its Bedok Central outlet was also closed for construction works. These two outlets account for almost 10% of GFA. Excluding the two stores, SSG was flat in 1Q13. We are sanguine on this. The Teban outlet has reopened, and while construction work in Bedok will continue for the next two years, we expect its 8 new stores to drive sales higher. Source: Maybank Kim Eng Research - 30 Apr 2013
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marubozu1688 Veteran	21-Apr-2013 23:10        marubozu1688 About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	Sheng Siong is currently facing resistance and also over value base on PE ratio. http://mystocksinvesting.com/singapore-stocks/sheng-siong/sheng-siong-facing-resistance/
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Kensonic77 Veteran	18-Apr-2013 17:01        Kensonic77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	That woman who sell crocodile meat at Teck Whye Seng Song is very rude.
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john_ric Senior	18-Apr-2013 11:41        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	. sh siong target price 0.75. next 2 years will have good div. ( 90% dividend payout fixed for the next two years.)   so i  vested.
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jacksonwwl Member	20-Mar-2013 08:53        jacksonwwl About Contact  Quote this Post!
x 0   x 0  Alert Admin	going in again.. pending for a good price. b will hold long, target 1 year. problem is the pe now is kinda high. so will monitor it now.   what do you think on this?
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guoyanyunyan Elite	19-Mar-2013 09:32        guoyanyunyan About Contact  Quote this Post! Style: Combined   Yells: "uncertainty always exist"
x 0   x 0  Alert Admin	SG Daily: Sheng Siong Group Singapore Daily Sheng Siong Group: Potential Ace Up Its Sleeve Maintain Buy, TP $0.70 Sheng Siong will launch its e-commerce platform in 1H13. Despite being a latecomer to online retailing, we believe this move is a step in the right direction as shopping on the Internet will inevitably erode traditional grocery shopping in the future. Sheng Siong has set aside SGD20m of IPO proceeds for development and expansion of grocery retailing in Singapore. In the initial stage, Sheng Siong plans to ease its E-commerce model into its Pick to Light inventory system currently in use at Mandai warehouse.. While we expect the online channel will take at least a couple of quarters to gain momentum, Sheng Siong remains a BUY with a TP of SGD0.70, coupled with a 90% dividend payout fixed for the next two years.
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Nopainnogain Senior	23-Feb-2013 10:28        Nopainnogain About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	result already out on thu.. but US up ... should be able to further push... i bought 0.62 opening.... sold 0.635... earn some kopi money.. Ok la guoyanyunyan      ( Date: 22-Feb-2013 21:19) Posted: Sheng Siong Group: Time to go defensive   revenue increasing 10.2% YoY To S$637.3m   improvement in core operating profit margin by 0.3 ppt to 6.2%.   core PATMI rose 14.8% YoY to S$31.3m. declared a final dividend of 1.75 S cents (versus 1.77 S cents in FY11)   committed to extend its 90% PAT payout policy for another two years.   raise our fair value to S$0.69 from S$0.58 previously. Upgrade to BUY.
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guoyanyunyan Elite	22-Feb-2013 21:19        guoyanyunyan About Contact  Quote this Post! Style: Combined   Yells: "uncertainty always exist"
x 0   x 0  Alert Admin	Sheng Siong Group: Time to go defensive   revenue increasing 10.2% YoY To S$637.3m   improvement in core operating profit margin by 0.3 ppt to 6.2%.   core PATMI rose 14.8% YoY to S$31.3m. declared a final dividend of 1.75 S cents (versus 1.77 S cents in FY11)   committed to extend its 90% PAT payout policy for another two years.   raise our fair value to S$0.69 from S$0.58 previously. Upgrade to BUY.
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evildd Member	22-Feb-2013 11:48        evildd About Contact  Quote this Post!   Mood: Yells: "You're not finished if you lose;you are finished if you quit"
x 0   x 0  Alert Admin	not yet -.- vw2796      ( Date: 22-Feb-2013 10:41) Posted: already factored in price. guoyanyunyan      ( Date: 21-Feb-2013 21:41) Posted: Good result.Tmor cheong arhhhh..
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vw2796 Senior	22-Feb-2013 10:41        vw2796 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	already factored in price. guoyanyunyan      ( Date: 21-Feb-2013 21:41) Posted: Good result.Tmor cheong arhhhh..
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evildd Member	22-Feb-2013 09:46        evildd About Contact  Quote this Post!   Mood: Yells: "You're not finished if you lose;you are finished if you quit"
x 0   x 0  Alert Admin
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guoyanyunyan Elite	21-Feb-2013 21:41        guoyanyunyan About Contact  Quote this Post! Style: Combined   Yells: "uncertainty always exist"
x 0   x 0  Alert Admin	Good result.Tmor cheong arhhhh..
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Octavia Elite	21-Feb-2013 20:42        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Sheng Siong's net profit for the fiscal fourth quarter more than doubled to S$7.99 million, on a 15.9 per cent increase in turnover. The local supermarket chain said on Thursday that its full-year profit rose 52.9 per cent year on year to S$41.68 million, while turnover increased 10.2 per cent to S$637.32 million. The group recorded a one-off gain of S$10.5 million from the disposal of its Marsiling warehouse. Earnings per share for the full year were 3.01 Singapore cents, up from 2.21 Singapore cents a year ago
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evildd Member	05-Feb-2013 20:57        evildd About Contact  Quote this Post!   Mood: Yells: "You're not finished if you lose;you are finished if you quit"
x 0   x 0  Alert Admin	should i continue to hold? isnt looking good to me.
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