that money is sponsored by suppliers.. to suppliers, whichever channel can give them good sales of products, they will use. If the sales drop in SS, u think the show willl continue?
Haha. Headache but they still able every weekend keep throwing out thousand throusand $ for reward their customers.
Where got headache ?
Where got headache ?
lifeisgood ( Date: 27-Jul-2017 14:53) Posted:
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sheng siong is not well prepared to fight against these competitors. The management style is more traditional, and they have been distributing high dividends for the past few years. Not enough profits retained to invest. They have only been trying to scale down rental cost by acquisition of properties instead of renting. Not sure what' s their response for these.
Redmart (together with Alibaba) and NTUC Fairprice are already big big headache for Sheng Shiong. Now comes AMAZON. 
3rd quarter result will be ugly for sure. Price war to come next in response.
Certain things can be done fast via ecomm....something is just grab and go....fast and easy....
KiLrOy ( Date: 27-Jul-2017 13:59) Posted:
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Possible rebounding back to 99.5....nothing is impossible in stock market !!!
Thats what Comfort mgmt says too... dont underestimate the power of automation in ecommerce.
 
 
dont worry lah....too early to worry so much....Singapore Sheng Seong sure can fight with Amazon...
investshare ( Date: 27-Jul-2017 13:33) Posted:
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Amazon coming next week.
grandjedi ( Date: 27-Jul-2017 10:47) Posted:
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no good reason for this stock to fall like this....time to accumulate cheap2 again for rebounding....
We need a stronger e-commerce front for Sheng Siong ~
Bad results? Counter down 5% suddenly.
No any movement forward? even inspite of such a good positive cash position! dead stock? Low volume.
So is it the best time to buy now?
What to q ... sell is on 99 now....
Raypeh ( Date: 02-Jun-2017 09:12) Posted:
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I have queue for buy at $0.99. Sheng Siong had been doing quite well
already cross liao $1 and next target is 1.05 soon. Huat Ahhhhhhhh
Agreed.... cleared 2nd leg liao......
sengsk ( Date: 05-May-2017 09:24) Posted:
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BUY !!
sengsk ( Date: 05-May-2017 09:08) Posted:
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