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Sheng Siong    Last:1.74    -0.01

Sheng Siong

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raykee
    05-Feb-2013 14:05  
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Lucky i let go at 0.69 me love 69! Welcome more citizen to f us!
 
 
iPunter
    05-Feb-2013 13:26  
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.585 may be a good bet to long...  Smiley

edchai      ( Date: 05-Feb-2013 13:16) Posted:

This counter really 'siong' liao.

 
 
edchai
    05-Feb-2013 13:16  
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This counter really 'siong' liao.
 

 
a_patche
    23-Jan-2013 10:20  
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yay! breakout!!!
 
 
kenchou
    22-Jan-2013 16:29  
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a_patche, lucky you nv pull out and cut loss so early, can see the hammer forming. =) Good luck.  Smiley
 
 
a_patche
    22-Jan-2013 16:20  
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Hmmm, resistance at 0.63.
 

 
yiewkhong
    22-Jan-2013 15:36  
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HUAT AH...................HUAT AH......................
 
 
sgtrader68
    22-Jan-2013 15:07  
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jeep sheng siong last week, good call on breakout of 0.600 last week, courtesy of singaporetradinginsights.blogspot.com

i think it should be good to accumulate again when its near the 0.600 region..
 
 
iPunter
    22-Jan-2013 11:23  
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This one also has dropped like sheet...  A good price to enter long is .54...  Smiley



 
 
 
a_patche
    22-Jan-2013 11:13  
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What's going on??? Now down to 0.61.   :(   Wondering whether I should pull out now and minimize losses...
 

 
s100125
    21-Jan-2013 14:13  
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after paying out 100 times and 1000 times price money in the Seng Shiong Show , no more money left for dividend to share holders?

a_patche      ( Date: 21-Jan-2013 14:05) Posted:

price suddenly fell. anyone knows what happened? 

 
 
a_patche
    21-Jan-2013 14:05  
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price suddenly fell. anyone knows what happened? 
 
 
joseah
    17-Jan-2013 19:57  
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resistance at .69

once broken...70cents++ coming 
 
 
daylight28
    16-Jan-2013 15:23  
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double dose of streriods today
 
 
lllusion
    16-Jan-2013 15:13  
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Haha I patronize them every week...
Now too high to keep hope they call me call 一 拨 及 中 百 倍 逢 还

Octavia      ( Date: 16-Jan-2013 15:00) Posted:



Ya,once a while must invite guest artiste so that there is buzz and price will go up mah.Anyway this is a good stock to keep.Revenue and profit are increasing.I also find their staff are very courteous and helpful unlike its competitors.

lllusion      ( Date: 16-Jan-2013 14:38) Posted:

1000 bei liao 0.68 this is madnes


 

 
Octavia
    16-Jan-2013 15:00  
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Ya,once a while must invite guest artiste so that there is buzz and price will go up mah.Anyway this is a good stock to keep.Revenue and profit are increasing.I also find their staff are very courteous and helpful unlike its competitors.

lllusion      ( Date: 16-Jan-2013 14:38) Posted:

1000 bei liao 0.68 this is madness

Octavia      ( Date: 02-Jan-2013 17:54) Posted:

Yr laughter is so infectious...i did not know it was so funny...hah


 
 
lllusion
    16-Jan-2013 14:38  
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1000 bei liao 0.68 this is madness

Octavia      ( Date: 02-Jan-2013 17:54) Posted:

Yr laughter is so infectious...i did not know it was so funny...haha

stockmarketmind      ( Date: 02-Jan-2013 11:40) Posted:

hahahaaha!!! V funny, LO


 
 
daylight28
    16-Jan-2013 14:00  
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so fast chiong pass 0.64
 
 
stockmarketmind
    16-Jan-2013 13:46  
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pcxiao2008
    15-Jan-2013 10:44  
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have came across this report. this stock recent upside is investors expecting more revenue on this last quarter of 2012 due to festive seasons and first quarter of 2013. plus they open a few new shops last month to cater the needs of consumers. is this stock a 'gem' as well? vested some to keep for long term and dividends.

Going undercover. The recent Olam-Muddy Waters scandal has prompted us to go " undercover" and conduct site visits to selective Sheng Siong outlets. As our earnings assumptions are based on sales per square foot of store space, we visited the three outlets that opened this year and checked out two previously non-performing stores to see if they are now up to scratch. We also sought to verify the claim that " Sheng Siong’s prices are the street’s lowest" . Our findings were highly encouraging and we believe that Sheng Siong is on track to meet our earnings expectations this year and achieve decent growth next year.

The Sheng Siong experience. Sheng Siong’s ability to maximise store space is complemented by its close attention to specific customer demographics. For instance, we saw bags of instant coffee placed right next to the counter in the 24-hour outlet in Geylang, while more Western than Chinese products were displayed in the Upper Thomson store. Larger outlets have neat rows of shelves displaying the products advertised in newspapers or on TV, while the arrangement of the fresh food sections is modelled after the wet market.

Consistent electronic price tagging. In the outlets we visited, all dry goods and a number of fresh food items have electronic price tags and barcodes attached, whereas a couple of promotional items have iPadsized tags. We are in favour of such tagging as it enables quick price changes for items on demand and also ensures high inventory turnover.

Low prices, high efficiency. Offering the lowest prices in Singapore’s supermarket hemisphere, Sheng Siong impresses us with its willingness to invest in technology to improve efficiency. The workers, too, were constantly restocking the shelves to ensure that they were filled. We continue to like Sheng Siong for its high growth potential. We are pegging the counter to Dairy Farm International’s 12-month forward P/E of 27.0x with a 20% discount, and upgrading to SGD0.60. Maintain BUY 

 
 
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