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Siwomp
Supreme |
08-Dec-2017 09:34
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I have another question....... since their failed overseas expansion (how many was it and in which countries and did they went into these countries at the same time or one after the other, were they joint ventures?....how they do it will give an idea of how capable the current management is.), have they brought in new Talent into the Management?........so many questions.  Maybe i will get 1 lot so I can go to the next AGM to ask? | ||||
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Siwomp
Supreme |
08-Dec-2017 09:05
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without the contribution of the Geylang Branch, I expect rev and profit to be hit by at least 30%.  The vending machine venture is (IMHO) going to fail.  The Beer biz will likely take a awhile unless they managed to do a superb marketing campaign and have the ability to scale up.......(unlikely due to their relatively limited resources)........so i expect it to get worst before it can get better in a year or 2 (at least) .....IMHO, DYODD. | ||||
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eric998
Supreme |
08-Dec-2017 08:50
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I think it?s reasonable to be above 0.30 based as this is a F&B industry so cannot use NAV as they generate cash. If you use NAV, then Sheng Shiong NAV is 16c but share price is 93c and Jumbo NAV is 7c and share price 55c. So should they also drop to below 20c?
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ysh2006
Supreme |
08-Dec-2017 07:34
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Those insiders heard buy only 16c pre ipo don't know true or not ?
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cheebah
Member |
08-Dec-2017 07:29
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Oh my God......
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FaceTheFact
Member |
07-Dec-2017 22:25
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Just for info... No Signboard BVPS (book value per share) is only $0.033 & EPS (earnings per share) is $0.0169. Is it worth $0.28 IPO price?  |
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383838
Senior |
07-Dec-2017 21:56
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Walau eh! Si poon buay ah? Siao liao lah! |
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samudra
Veteran |
07-Dec-2017 21:43
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If price drop to 20 cents ok to buy | ||||
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Berani
Elite |
07-Dec-2017 21:17
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dun worry too much.. hold it 1st. When market bad... all stock kena
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Wind22i
Supreme |
07-Dec-2017 21:06
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Mayb stock mkt bad..nobody eat crab anymore ? :) | ||||
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cheebah
Member |
07-Dec-2017 20:56
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Hopefully, their result will be good and BB can drive up the price.
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HVRRVH
Elite |
07-Dec-2017 18:08
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I cannot comment on the stock because I didn't study it. I can comment on your holding though because I have similar holding for one of my stocks. The value has retreated by about 130k since the high but I am still on 6 digits unrealised profit on the same stock not counting the dividends. I continue to buy small amount whenever the price tested the various supports, as I am confident in the fundamentals of the stock. Price fluctuations are expected. If you have done research and believe the stock is sound, maybe just switch off and stop monitor daily and wait patiently for price to recover in due course?
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Siwomp
Supreme |
07-Dec-2017 18:03
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good for a punt, not for long term. | ||||
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Berani
Elite |
07-Dec-2017 17:49
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I think better to wait few more days after correction finish. Really not worth to sell off now ( even below IPO price)
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dragonboy76
Master |
07-Dec-2017 17:46
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This stock is mainly local business. Difficult to be loved by investors. U can see katrina. Also dead stock. Similar f&b business. Only hot a few days due to ipo.
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destinykraze
Elite |
07-Dec-2017 17:41
Yells: "Reality is only a matter of perception" |
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the issue is with this stock. Not STI, sti undergoing correction. Without correction this stock will also head south.
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cheebah
Member |
07-Dec-2017 17:06
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Extreme Paperloss - 29k SGD.  I  should have sold at 0.315 2 days ago in that fateful morning.  
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destinykraze
Elite |
07-Dec-2017 16:54
Yells: "Reality is only a matter of perception" |
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0.265. chui. if fundamentals and low growth. this is what happens. IPO for these only hot for first few days. dont assume do crab business = 2nd jumbo. do your homework and you rarely would rarely make any losses | ||||
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andysim83
Elite |
07-Dec-2017 16:50
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sgx no stablising 1...can sell n sell nonstop...no support...
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wishbone
Master |
07-Dec-2017 16:49
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Walau, it can now change it name from No Sign Board to No Sign (of) Recovery.  | ||||
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