Latest Forum Topics /
Sheng Siong
Last:3.02
-0.02
|
|
|
Rex revival
|
|||||
|
turpin
Member |
18-Aug-2017 15:05
|
||||
|
x 0
x 0 Alert Admin |
Short term wise I do believe SS is oversold. Amazon effect will be mid and longer term. So is Kumming, not sure if will work, but successful or not Kumming will be a good exposure for SS overall. I also shop online more nowadays for electrronics and household, but I still go fairprice, wet market and hawker centers, no change there. I am  hearing more people going SS (away from NTUC), but my colleagues are pretty much still clueless about Amazon.sg. In time all these development will impact on bottom line, but then again time will tell how. Also noted that selling volume has moderated since the amazon announcement.    |
||||
| Useful To Me Not Useful To Me | |||||
|
genting^2
Master |
18-Aug-2017 09:22
|
||||
|
x 0
x 0 Alert Admin |
With an aging population, more elderly will get their children to buy/order or learn to order online  instead of carrying heavy items and queueing to pay. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
s100125
Elite |
18-Aug-2017 09:18
|
||||
|
x 0
x 0 Alert Admin |
Younger generation prefer to buy things on line. Walk into any Sheng Shiong store and you will see most are aunties doing all those shopping.   |
||||
| Useful To Me Not Useful To Me | |||||
|
investshare
Supreme |
18-Aug-2017 08:56
|
||||
|
x 1
x 0 Alert Admin |
SS traditional retailer going to China who is ecommerce leader is like SPH going to China to sell print newspaper. I just cannot see what competitiveness it has to offer. | ||||
| Useful To Me Not Useful To Me | |||||
|
genting^2
Master |
18-Aug-2017 08:35
|
||||
|
x 0
x 0 Alert Admin |
Don' t underestimate Amazon' s power to disrupt traditional retail. Even Capitamall trust will be affected in the long run. you just look at how Qoo10 has already disrupted retail, with Amazon it is going to be worse once they expand their business here. with more selections. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
investshare
Supreme |
18-Aug-2017 08:22
|
||||
|
x 0
x 0 Alert Admin |
Trump Says Amazon Does 'Great Damage' to Retailers - Bloomberg
https://www.bloomberg.com ? articles ? t... 2 days ago - U.S. President Donald Trump once again unloaded on Amazon.com Inc., tweeting that the company is hurting other retailers and implying that it?s killing industry jobs across the U.S. Amazon is causing "great damage to tax paying retailers," Trump said in a Twitter post Wednesday ... |
||||
| Useful To Me Not Useful To Me | |||||
|
genting^2
Master |
18-Aug-2017 07:53
|
||||
|
x 0
x 0 Alert Admin |
Check out the pricing for yourself which shop offers the better pricing. amazon even offer free delivery within 2-4 hrs which SS cannot fulfill. Why waste time queueing to pay and carry those heavy items... Amazon is teh way to go. In fact, Amazon is US has killed many retail shops and marts... google and find out. |
||||
| Useful To Me Not Useful To Me | |||||
|
boyboy61
Supreme |
18-Aug-2017 04:56
|
||||
|
x 0
x 0 Alert Admin |
Oversold, over-reacted. Tine will tell. Amazon Prime overhyped
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
genting^2
Master |
18-Aug-2017 00:35
|
||||
|
x 0
x 0 Alert Admin |
Even if SS makes it in China, they have to compete with online retailers too.  The entry of Amazon makes investors panic and sell from $1 to 90 cents. which is oversold and overreaction. Amazon Prime has made it easier to order and deliver within 2 hours for free which SS with a lead in online only service North East region only and delivery cannot be done within 2-4 hrs. |
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
17-Aug-2017 12:08
|
||||
|
x 0
x 0 Alert Admin |
Jumbo innovation ?   I am sure many can sell crab...but they do have a good taste.  SS might surprise many , esp in Kumming city where a large supermkt with neat and nice rows of food product avail.  Esp with many foreign brands.  Time will tell if they have the success formula in this city.  Further they are bidding another site in Spore.  At 0.905 , there is value in SS.  DYODD
|
||||
| Useful To Me Not Useful To Me | |||||
|
sgtrader18
Veteran |
17-Aug-2017 11:52
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
||||
|
x 0
x 0 Alert Admin |
just cheaper in most stuff.
|
||||
| Useful To Me Not Useful To Me | |||||
|
investshare
Supreme |
17-Aug-2017 11:30
|
||||
|
x 0
x 0 Alert Admin |
But SS do good in Singapore is due to no frill low cost. Those you mentioned succeed because of innovation not low cost. SS does not have advantage in innovation or technology.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
BillionX
Senior |
17-Aug-2017 11:14
|
||||
|
x 0
x 0 Alert Admin |
Time will tell if SS is correct to venture into China.Still bullish and will accumulate when price dips.
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
17-Aug-2017 11:03
|
||||
|
x 0
x 0 Alert Admin |
Some win into China with well focus plan like Breadtalk, Jumbo and Capitaland.  SS has chosen Kumming ( not the major city) .....which they stand a good chance of success and its a smalll investment with a JV partner.  If this kick off , it will be a great start and huge market in the Kumming area.  At 90.5 c SS is near its 52 weeks low,  Undemanding P/Bk of aro 5.28  DYODD |
||||
| Useful To Me Not Useful To Me | |||||
|
sgtrader18
Veteran |
17-Aug-2017 10:51
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
||||
|
x 0
x 0 Alert Admin |
10 go china 8 lose $  hard to fight the local people. but since the cost not a lot should give it a try. sooner or later also will kena some lost of sales from internet supermarket. i personally never use online supermarket until recently and since then i never go supermarket that often liao.  
|
||||
| Useful To Me Not Useful To Me | |||||
|
rlong8288
Master |
16-Aug-2017 19:59
|
||||
|
x 0
x 0 Alert Admin |
 
Its JV store will open this year. Singapore supermarket giant Sheng Siong could be looking for an alternate source of growth with its joint venture store in China. According to DBS Group Research, Sheng Siong' s first store in Kunming, which spans 40,000 sq. ft, is expected to commence operations this year. " We believe Sheng Siong' s JV in China is a wildcard. If operations prove to be successful, in time to come, China can provide an alternate source of growth," analyst Alfie Yeo said. There is scope for the number of stores to increase should Sheng Siong' s business model work, the analyst said, noting that the downside for the JV is limited to its US$6m paid-up capital which is sufficient to open 2-3 new stores. |
||||
| Useful To Me Not Useful To Me | |||||
|
SuperLuckyCorn
Supreme |
15-Aug-2017 00:11
|
||||
|
x 0
x 0 Alert Admin |
ok. buy bit by bit...park all $$ in bank, seem like sure loss for " long term" . 
|
||||
| Useful To Me Not Useful To Me | |||||
|
investshare
Supreme |
14-Aug-2017 20:22
|
||||
|
x 0
x 0 Alert Admin |
I don't think so. If you look at Sph, cdg, Noble, Ezion, they all taking a very Long journey to settle 'down'.
|
||||
| Useful To Me Not Useful To Me | |||||
|
jack2906
Veteran |
14-Aug-2017 19:22
|
||||
|
x 0
x 0 Alert Admin |
the impact already took place when it drop from 1.1...  
|
||||
| Useful To Me Not Useful To Me | |||||
|
tcctcc
Senior |
14-Aug-2017 18:57
|
||||
|
x 0
x 0 Alert Admin |
Yes. It will have effect. Will jeep only if it drop to $0.85. | ||||
| Useful To Me Not Useful To Me | |||||

