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SuperLuckyCorn Supreme	01-Aug-2017 10:39        SuperLuckyCorn About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	" The share price drop from $1 to 94 cents already proves that if Sheng siong still open stores..." The above statement a bit...that cannot be used as a prove leh.   genting^2      ( Date: 01-Aug-2017 09:47) Posted: The share price drop from $1 to 94 cents already proves that if Sheng siong still open stores where it is inaccessible and delivery is only to North Eastern parts of SIngapore, it won' t survive for long. ​ We are not talking abt Redmart or lazada or qoo10 as these poses no direct threat as they are not well known. AMAZON is a super huge company with lots of money to burn. I think they will be successful to tackle even  NTUC, ColdStorage. It is only less tha a week since they start operations and it has create ripples in the industry.
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FATABA Supreme	01-Aug-2017 10:35        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	No offend to those w CIMB.....they are always w no mercy ...adding salt to the wound. Nver know who is the one who pushing it down to accumulate. Dyodd Not vested yet. genting^2      ( Date: 01-Aug-2017 09:57) Posted: CIMB just send a email indicating Sheng Siong price will dip further, initiate short.
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SuperLuckyCorn Supreme	01-Aug-2017 10:31        SuperLuckyCorn About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Er.....(==" )....why send email, try to gather gang effect. Anyway, a dip will provide us windows to replenish stocks. Hope can one stone hit 2 birds, gain $$$$$ & hit shortists.   genting^2      ( Date: 01-Aug-2017 09:57) Posted: CIMB just send a email indicating Sheng Siong price will dip further, initiate short.
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genting^2 Master	01-Aug-2017 09:57        genting^2 About Contact  Quote this Post!
x 0   x 0  Alert Admin	CIMB just send a email indicating Sheng Siong price will dip further, initiate short.
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genting^2 Master	01-Aug-2017 09:47        genting^2 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The share price drop from $1 to 94 cents already proves that if Sheng siong still open stores where it is inaccessible and delivery is only to North Eastern parts of SIngapore, it won' t survive for long. ​ We are not talking abt Redmart or lazada or qoo10 as these poses no direct threat as they are not well known. AMAZON is a super huge company with lots of money to burn. I think they will be successful to tackle even  NTUC, ColdStorage. It is only less tha a week since they start operations and it has create ripples in the industry.
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pnuklis Master	01-Aug-2017 09:30        pnuklis About Contact  Quote this Post!
x 1   x 0  Alert Admin	In Singapore it is not like in US where people are moving towards shopping on line even their groceries. Here we go to hawker centres to eat drink and also shop in super markets. We enjoy our trips to stores and the shopping experience. This is a wrong notion that e-commerce will kill businesses like Sheng Siong in Singapore. I believe many will agree with this.
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Eagle88 Supreme	01-Aug-2017 09:25        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree....much2 more than that..... investshare      ( Date: 01-Aug-2017 09:07) Posted: Ecommerce is not about just setting a website and advertising online. Eagle88      ( Date: 01-Aug-2017 08:43) Posted: Time for SS to advertise online....to capture those who like to order everything online...
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genting^2 Master	01-Aug-2017 09:15        genting^2 About Contact  Quote this Post!
x 0   x 0  Alert Admin	They only deliver to North eastern parts of SIngapore. epic fail!
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investshare Supreme	01-Aug-2017 09:07        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ecommerce is not about just setting a website and advertising online. Eagle88      ( Date: 01-Aug-2017 08:43) Posted: Time for SS to advertise online....to capture those who like to order everything online.... Eagle88      ( Date: 01-Aug-2017 08:39) Posted: You can order online too....lol https://www.allforyou.sg/  or  http://www.shengsiong.com.sg/
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Eagle88 Supreme	01-Aug-2017 09:01        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The stock is very much under value now....buy and keep for dividends....
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Eagle88 Supreme	01-Aug-2017 08:43        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Time for SS to advertise online....to capture those who like to order everything online.... Eagle88      ( Date: 01-Aug-2017 08:39) Posted: You can order online too....lol https://www.allforyou.sg/  or  http://www.shengsiong.com.sg/ Benjamin_29      ( Date: 31-Jul-2017 21:04) Posted: Btw, Sheng Siong is also investing alot into IT so it is not true they are not aware of the emerging trends. One advantage that SS has over Amazon is definitely the local context and knowhow they have painfully acquired over the years. You don' t just come in and expect to " disrupt" just because u are a giant. Even walmart failed in countries like Russia, Germany , South Korea because it does not understand the local context well enough. I expect SS' s share price might correct because of this Amazon Prime Singapore fanfare. But this would again present a good opportunity for long term investors to scoop. I hope to ride on these negative sentiments and collect chea
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Eagle88 Supreme	01-Aug-2017 08:39        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You can order online too....lol https://www.allforyou.sg/  or  http://www.shengsiong.com.sg/ Benjamin_29      ( Date: 31-Jul-2017 21:04) Posted: Btw, Sheng Siong is also investing alot into IT so it is not true they are not aware of the emerging trends. One advantage that SS has over Amazon is definitely the local context and knowhow they have painfully acquired over the years. You don' t just come in and expect to " disrupt" just because u are a giant. Even walmart failed in countries like Russia, Germany , South Korea because it does not understand the local context well enough. I expect SS' s share price might correct because of this Amazon Prime Singapore fanfare. But this would again present a good opportunity for long term investors to scoop. I hope to ride on these negative sentiments and collect cheap Benjamin_29      ( Date: 31-Jul-2017 20:51) Posted: Before Amazon Prime there is already redmart, honestbee, qoo10, lazada, taobao, etc yet Sheng Siong still doing well. I don' t see how one Amazon Prime gonna affect its business much. The variety of grocery u can get from SS is also diverse with much wider range. Besides, SS also got their own e-commerce platform which my colleagues and I have personally ordered grocery and other merchandise from. As of now, I don' t see what superior value proposition Amazon has to offer to its Singapore counterparts.I rather order directly from the Amazon US site for more exciting stuff it has to offer, and they shall definitely not be grocery or other common merchandis
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Benjamin_29 Member	31-Jul-2017 21:04        Benjamin_29 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Btw, Sheng Siong is also investing alot into IT so it is not true they are not aware of the emerging trends. One advantage that SS has over Amazon is definitely the local context and knowhow they have painfully acquired over the years. You don' t just come in and expect to " disrupt" just because u are a giant. Even walmart failed in countries like Russia, Germany , South Korea because it does not understand the local context well enough. I expect SS' s share price might correct because of this Amazon Prime Singapore fanfare. But this would again present a good opportunity for long term investors to scoop. I hope to ride on these negative sentiments and collect cheap Benjamin_29      ( Date: 31-Jul-2017 20:51) Posted: Before Amazon Prime there is already redmart, honestbee, qoo10, lazada, taobao, etc yet Sheng Siong still doing well. I don' t see how one Amazon Prime gonna affect its business much. The variety of grocery u can get from SS is also diverse with much wider range. Besides, SS also got their own e-commerce platform which my colleagues and I have personally ordered grocery and other merchandise from. As of now, I don' t see what superior value proposition Amazon has to offer to its Singapore counterparts.I rather order directly from the Amazon US site for more exciting stuff it has to offer, and they shall definitely not be grocery or other common merchandise alexchew      ( Date: 31-Jul-2017 10:42) Posted: funny, then how about airbnb, grab,uber etc. Its not a matter of fighting by products. Its a matter of changing people lifestyle. End of the day, consumer still buying their darlie toothpaste, but using different channels. Demographics is right for this change, with the launch of smartphones and cheap data plans, and credit card facilities. More user friendly platforms... Will you still want to Q up at the super long ntuc cashier in few years time and lug your 10kg rice plus other household items or you spend your sunday without the hassle..
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Benjamin_29 Member	31-Jul-2017 20:51        Benjamin_29 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Before Amazon Prime there is already redmart, honestbee, qoo10, lazada, taobao, etc yet Sheng Siong still doing well. I don' t see how one Amazon Prime gonna affect its business much. The variety of grocery u can get from SS is also diverse with much wider range. Besides, SS also got their own e-commerce platform which my colleagues and I have personally ordered grocery and other merchandise from. As of now, I don' t see what superior value proposition Amazon has to offer to its Singapore counterparts.I rather order directly from the Amazon US site for more exciting stuff it has to offer, and they shall definitely not be grocery or other common merchandise alexchew      ( Date: 31-Jul-2017 10:42) Posted: funny, then how about airbnb, grab,uber etc. Its not a matter of fighting by products. Its a matter of changing people lifestyle. End of the day, consumer still buying their darlie toothpaste, but using different channels. Demographics is right for this change, with the launch of smartphones and cheap data plans, and credit card facilities. More user friendly platforms... Will you still want to Q up at the super long ntuc cashier in few years time and lug your 10kg rice plus other household items or you spend your sunday without the hassle..  Benjamin_29      ( Date: 27-Jul-2017 19:54) Posted: I think I will be more worried for Amazon. If Sheng Siong' s share price tank because of irrational news like these, I believe it is again an opportunity to scoop. There is a Chinese saying: 强 龙 斗 不 过 地 头 蛇
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spore1 Supreme	31-Jul-2017 12:34        spore1 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Yup, agree SuperLuckyCorn      ( Date: 31-Jul-2017 11:42) Posted: Anyway same technique again, some funds gang up to create push down impression, though generally still positive management. Est in 1~2 wk, funds to flush out confuse players then  back to 0.98~1.00 range. alexchew      ( Date: 31-Jul-2017 11:16) Posted: not just amazon prime. The barriers of entry has been lowered.
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SuperLuckyCorn Supreme	31-Jul-2017 11:42        SuperLuckyCorn About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Anyway same technique again, some funds gang up to create push down impression, though generally still positive management. Est in 1~2 wk, funds to flush out confuse players then  back to 0.98~1.00 range. alexchew      ( Date: 31-Jul-2017 11:16) Posted: not just amazon prime. The barriers of entry has been lowered.
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alexchew Master	31-Jul-2017 11:16        alexchew About Contact  Quote this Post!
x 0   x 0  Alert Admin	not just amazon prime. The barriers of entry has been lowered.
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jack2906 Veteran	31-Jul-2017 10:52        jack2906 About Contact  Quote this Post!
x 0   x 0  Alert Admin	you refering to Amazon Prime Now? alexchew      ( Date: 31-Jul-2017 10:51) Posted: the major problem is online retailers getting a slice of the cake, and they have fatter purse to splash out goodies, which SS do not have..
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investshare Supreme	31-Jul-2017 10:52        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Already many buy from qoo10. alexchew      ( Date: 31-Jul-2017 10:42) Posted: funny, then how about airbnb, grab,uber etc. Its not a matter of fighting by products. Its a matter of changing people lifestyle. End of the day, consumer still buying their darlie toothpaste, but using different channels. Demographics is right for this change, with the launch of smartphones and cheap data plans, and credit card facilities. More user friendly platforms... Will you still want to Q up at the super long ntuc cashier in few years time and lug your 10kg rice plus other household items or you spend your sunday without the hassle..  Benjamin_29      ( Date: 27-Jul-2017 19:54) Posted: I think I will be more worried for Amazon. If Sheng Siong' s share price tank because of irrational news like these, I believe it is again an opportunity to scoop. There is a Chinese saying: 强 龙 斗 不 过 地 头 蛇
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Warster Member	31-Jul-2017 10:51        Warster About Contact  Quote this Post!
x 0   x 0  Alert Admin	This stock has a rock solid base, and this dip is definitely caused by irrational market sentiments. What many people worry about is that Amazon could prove disruptive like how it did to Walmart in the US or how uber/grab is to comfort delgro in Singapore. However, while Amazon can flourish in countries which has a sprawling land mass, the convenience of supermarkets located within close proximity to housing estates will supercede this comparative advantage of Amazon.   Moreover, this is a defensive stock which caters to the HDB dwellers with its cheap range of food products. Compared to the dairy farm group, the clientele base is less likely to turn to amazon which requires 1)IT savviness and 2)min. purchase orders, also considering that this consumer base prefer going to supermarket for the consumer experience. 2 million shares shorted yet to be covered also. This price could still rise especially if market recognise the reason for the swing.
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