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Havent't mati la,
Still got some breath left :)
Flyordie ( Date: 30-Apr-2012 14:50) Posted:
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Mati already...
Waaa... the big boss your buddy or you wasted S$5 + 7%gst to print out the company profile?
warrenbegger ( Date: 28-Apr-2012 00:44) Posted:
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Don't had to wait for next AGM, i know where he live :)
LOL!!!
Lol... u get caught shoplifting... you'll just compound your losses. Just go ask for free toilet paper during the next AGM, the management can oblige you, i'm sure. p
warrenbegger ( Date: 27-Apr-2012 23:15) Posted:
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Rubbish Anal,ysis... @#$%!
Next week if siao song out of control again, i may out first. @#$%!!!
And i even go their mama shop PUIII here and there, eat their goods just 1 mouth here and there without buying :)
warrenbegger ( Date: 18-Apr-2012 23:51) Posted:
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Retail sales always have a low margin, even though the standard minimum gross profit of product sales is set at a 30% margin for supermarket-type operations. All about the total SKU (Stock-keeping Units) average per store and volume of sales. Take out staff costs, pilferage, spoilage, distribution and warehousing, big boss income... 90% of a small number is not exciting. just my 2 cents opinion. )
warrenbegger ( Date: 26-Apr-2012 22:01) Posted:
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One side selling
Another side buying
And a lots buying than selling
*Lets die together if the buying lose in the end :)
*This year depend how much they can earn for the 90% net profit liao, if not tell their management all go sell backside to increase earning :)
Ya, better than bank, but based on last payout, was only about a 3% yield, which is lower than the current inflation rate of 5.3%pa. Still lose out le...
warrenbegger ( Date: 25-Apr-2012 22:19) Posted:
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_89B9841BC0A98588482579EB00322D56/$file/SSG_ppt_1Q2012.pdf?openelement
90% of net profit payout in FY12
*Better than bank interest rate :)
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_89B9841BC0A98588482579EB00322D56/$file/SSG_MediaRelease_1Q2012results_25Apr2012.pdf?openelement
Sheng Siong’s 1Q2012 net profit up 73.7% y-o-y to S$16.8 million on gain from sale of old warehouse
“Our strong cash flow from operations in 1Q2012 of S$12.1 million enabled us to continue to strengthen our cash position to S$149.1 million as at 31 March 2012. We are also in a strong
“The Group has signed leases for two new outlets totalling 19,000 sq ft. With the opening of these outlets in 2Q to 3Q 2012, the Group’s total retail area is expected to expand by about 5.5%. The opening of these new outlets will contribute positively to our revenue.”
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1197407/1/.html
Supermarket chain operator Sheng Siong Group posted a 74 per cent jump in first quarter net profit, to S$16.8 million from the previous year.
Wah.. u make me missed my old hse mama shop le.. I think rob their rice, steal their cooking oil n piss on their TP better. Lol
Defensive play with High butter yield...
Sheng siong toilet paper and kotex is very cheap !
No matter how the market, All must eat, poke and shiit !!
If this Mama shop let me lose,
I going to rob their rice, take their toilet paper, and steal their cooking OIL !!!
*Dividend of $17 per lots. XD on 8 May 2012. Free a row of toilet paper too :)
Up Up Pls :)
At 0.485 Don't know who throw to me?
At 0.480 still Don't know who throw to me?
I think i going to be a baby sitter liao :) Now U don't want, don't later buy from me :)
Thanks for posting this as i didn't read analCs reports too much. U r helpful :)
-With Chinese New Year (CNY) in 1Q12, we expect revenue contribution from the quarter to be the highest for the year as supermarkets tend to enjoy peak volumes during this festive period.
-Given recent market weaknesses, we reiterate our belief that SSG offers a quality, defensive play into domestic consumption demand and downside protection. In addition, with a committed 90% of net profit payout in FY12, SSG presents an attractive dividend play opportunity with an expected yield of about 5.8%
*I am vested so i am very bias, LOL :)
sgnewbie ( Date: 13-Apr-2012 16:24) Posted:
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