
This counter cannot tahan long one... I think those kawan kawan of Sheng siong boss give him face help him support for a few day... after that bye bye liao !!
keeping away from all IPO...to scary 
my heart cant take it 
Greenshoe can buy upto 45 million shares when chip is down...
Closed at  0.340c, today it hit low of 0.310c and high of 0.350c, with exception of several deal, there were many retailers buying into Sheng Siong at 0.34c
09:53:20 | 0.345 | 3,000,000 | A |
09:53:20 | 0.345 | 800,000 | A |
10:04:53 | 0.330 | 1,000,000 | X |
Sheng Siong | CPF | 0.320 | 0.340 | 0.000 | 0.0 | Vol - 92,341,000 |
JJSeng ( Date: 17-Aug-2011 09:58) Posted:
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SINGAPORE: Local supermarket group Sheng Siong, which made its debut on the Singapore Exchange on Wednesday, was the second most actively traded stock.
Its shares rose in a falling market, and ended at 34 cents.
That's about three per cent cent higher than its IPO price of 33 cents.
The company raised S$116 million from its initial share sale.
Analysts say investors may be attracted to Sheng Siong's 90 per cent dividend yield and its strong local branding.
While encouraged by its stock market performance, Sheng Siong said it is more focused on achieving real business results.
Sheng Siong Group CEO Lim Hock Chee said: " We're happy with the response from investors and the trading volume, given the current macroeconomic environment. 
" But what we are more focused on is our core business, our supermarkets and our sales results."
Its shares rose in a falling market, and ended at 34 cents.
That's about three per cent cent higher than its IPO price of 33 cents.
The company raised S$116 million from its initial share sale.
Analysts say investors may be attracted to Sheng Siong's 90 per cent dividend yield and its strong local branding.
While encouraged by its stock market performance, Sheng Siong said it is more focused on achieving real business results.
Sheng Siong Group CEO Lim Hock Chee said: " We're happy with the response from investors and the trading volume, given the current macroeconomic environment. 
" But what we are more focused on is our core business, our supermarkets and our sales results."
Submarine on the way lol
Let me stimulate the price movement later in the afternoon....
LOL!
I think most supermarket wish to see Sing Song down fall too:)
*Pls dont chase px, danger.
iPunter ( Date: 17-Aug-2011 10:40) Posted:
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If this one boom time charlie, then NTUC Fairprice, ShopNSave maybe will be quite siong... lol...

warrenbegger ( Date: 17-Aug-2011 10:16) Posted:
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Sold at 0.345. Not bad for this lucky IPO, will consider reload after pull back. Depend how market goes also, market keep changing, strategy also keep changing, getting tired also, and i think i not everyday sunday so need to be more safe to protect my years gain  :)
Cause yesterday night i was thinking, if they dare to IPO at this rotten times and their big head was so confidence. I willing to make a bet at 0.320 and see how it goes, if anything wrong i think they will at least support the px at around 0.300 to 0.330, so i think Q at 0.320 should be able to get it and at a safer zone. I didnt bet that big, only 50 lots for fun only in case i was wrong. Sheng siong was at least a household brand that most people know their business well, so i think it was a not too bad bet.
Wish all luck :)
iPunter ( Date: 17-Aug-2011 10:02) Posted:
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Sifu WarrenB. must be also good in playing basketball... lol...  


warrenbegger ( Date: 17-Aug-2011 09:30) Posted:
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Haha...0.345 done with 3015 lots
teeth53 ( Date: 17-Aug-2011 09:35) Posted:
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VEgy and others foods  up 20%?????
Sheng Siong  Business up or down ?????????
SHENG
&
SIONG
? ? ? ?
I think 34 cents is the highest they can go.
Look  weak already as no BBs are interested  in  this one.
For those who are  successful in the IPO  , there is still time to sell and make even.
 
warrenbegger ( Date: 17-Aug-2011 09:35) Posted:
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So far...no BBs, the biggest deal changed hand n another X deal done...
09:26:36 | 0.335 | lots-790 |
B |
Time | Last | Volume | Bid/Ask |
09:27:47 | 0.330 | 520,000 | X |
teeth53 ( Date: 17-Aug-2011 09:24) Posted:
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Pls go up more leh, i willing to run around Istana naked!!!
Wish times not running out. Clock Ticking, up more up more.
This morning i Q some at 0.320 and kanna throw down to me. LOL!
For fun only, will throw back to those who throw to me, see how first.
Wish they support well, if not good luck to them :)
LOL 百 倍 + 千 倍 in terms of losses maybe. IPO at this time so stupid.
xing78 ( Date: 16-Aug-2011 21:41) Posted:
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SS started trading on it 1st trading day, didn't able to hav  kopi $$  for investors faithful after hitting a low od 0.310c, now trading just 0.005c above it offer price of $0.330c
Sheng Siong | CPF | 0.320 | 0.335 | 0.000 | 0.0 | Volume-22,613,000 |
Wonder if Nickng is shorting... =P