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Sheng Siong    Last:3.02    -0.02

Sheng Siong

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bishan22
    21-Mar-2017 16:16  
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Is turning around.... watch for 96 first.....
 
 
BillionX
    21-Mar-2017 13:27  
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Good bread and butter stock to have in your portfolio.Stable and reliable dividend.Vested and will accumulate on dip.
 
 
johnng
    21-Mar-2017 13:19  
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today like a mini-breakout
 

 
chinton86
    22-Feb-2017 22:22  
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Highly imposible.
 
 
Lepin888
    22-Feb-2017 22:06  
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Results out tomorrow...another record year?
 
 
ecekca
    15-Feb-2017 20:54  
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you sure 0.9 a good price?

Alpaca      ( Date: 15-Feb-2017 19:35) Posted:



Looking to accumulate if it falls below $0.90

 

 
Alpaca
    15-Feb-2017 19:35  
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Looking to accumulate if it falls below $0.90
 
 
Lepin888
    15-Feb-2017 19:00  
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Expect record profits for 4Q n 2016...esp after CNY...oversold too. Can we expect back to 1.10++
 
 
lynmin0197
    15-Feb-2017 16:44  
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anyone vested?
 
 
amandayoung
    09-Feb-2017 23:29  
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Why dont they IPO NTUC Fairprice ?

Business so good.


 

 
ecekca
    09-Feb-2017 19:26  
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the boss pay them well i heard too but not too sure their profit sharing model

but i know their bonus is good

risktaker      ( Date: 08-Feb-2017 15:21) Posted:

Wow i just learn that those who work in sheng siong makes serious load of money 4 months bonus especially those who section head can share 40/60 .... thats huge....imagine if ur section u handle make net profit 200k for that year u take 80k as profit sharing...

Thats crazy right... sheng siong model is good NTUC should learn from them....




 
 
risktaker
    08-Feb-2017 15:21  
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Wow i just learn that those who work in sheng siong makes serious load of money 4 months bonus especially those who section head can share 40/60 .... thats huge....imagine if ur section u handle make net profit 200k for that year u take 80k as profit sharing...

Thats crazy right... sheng siong model is good NTUC should learn from them....



 
 
flyersummer
    26-Jan-2017 02:31  
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Guess why the new kid on the block is giving Sheng Siong headaches



It left Sheng Siong with no secured HDB site for Christmas.

It seems like everything is not working in favour of Sheng Siong recently, as it failed to secure HDB sites, a recent report revealed.

But what is more stressing for the supermarket giant is losing to a new kid on the scene, which is U Stars. According to Maybank KimEng, a 311 sqm shop in Sengkang was secured by an individual named Raymond Chan, who is believed to be from U Stars Supermarket, an operator of three supermarket outlets that recently diversified from its coffee shop roots.

" Yes and U Stars&rsquo aggressive bidding to secure sites is a concern to us. At worst, there may be a risk of the bigger players deciding to follow suit, especially if the continuing inability to secure sites threatens to upset their continuing expansion plans, while at best, it may delay Sheng Siong&rsquo s new outlet expansion plan &ndash neither of which are appealing," Maybank noted, pointing out that this is especially so since new outlets drive sales a lot more than old ones.

More so, there will be no supermarket site coming up for bidding in the next six months that involves the critical Woodlands region, as Sheng Siong has a 41,400 sqft store at Blk 6A Woodlands Centre Road that is scheduled to permanently close in June 2017.

" This is its second biggest store in terms of GFA after The Verge (45,000 sqft also expected to close down in early 2017) and estimated to be its third largest revenue-generating store at 5-6% of group revenue. A full replacement of the Woodlands store is looking less and less likely," the firm explained.
- See more at: http://sbr.com.sg/retail/news/guess-why-new-kid-block-giving-sheng-siong-headaches#sthash.JxaCJ8hw.dpuf
 
 
investshare
    03-Jan-2017 13:50  
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More competition lai liao..

BUSINESS

Tesco is secretly setting up their online S'pore store, gearing up to fight Amazon and Redmart
Vulcan Post | M. Shazni | Tuesday, Jan 3, 2017

The head office of Tesco is seen in Cheshunt, Britain, January 8, 2015.

Photo: Reuters

Tesco is the venerable British supermarket chain who are the market leaders in grocery shopping in the United Kingdom.

Much like NTUC Fairprice in Singapore, Tesco is literally everywhere in the UK, from convenience stores, to supermarkets, to standalone hypermarkets. If you have visited the UK before, you would most definitely have visited and shopped in one at least once.

- See more at: http://news.asiaone.com/news/business/tesco-secretly-setting-their-online-spore-store-gearing-fight-amazon-and-redmart#sthash.Ynpx7cBQ.dpuf
 
 
alexchew
    03-Jan-2017 12:04  
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http://blog.moneysmart.sg/opinion/will-amazon-go-eventually-destroy-millions-jobs-worldwide/

 

If SS manages to adopt such technology, i am sure the share price will rocket 
 

 
ecekca
    28-Dec-2016 20:56  
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let see whether it go lower

spore1      ( Date: 17-Dec-2016 18:16) Posted:

Testing 90

Wind22i      ( Date: 14-Dec-2016 22:06) Posted:

Sheng siong is overpriced


 
 
us9392
    24-Dec-2016 01:05  
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The cashiers are pushing for sales. Today one told me to buy above $80 and get free gifts.

Shop floor quiet even though Xmas and Chinese NY......DYOHW 
 
 
bishan22
    17-Dec-2016 18:26  
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Vultures gathering...
 
 
spore1
    17-Dec-2016 18:16  
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Testing 90

Wind22i      ( Date: 14-Dec-2016 22:06) Posted:

Sheng siong is overpriced

 
 
us9392
    17-Dec-2016 04:00  
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Most stores in SS is stocking up for chinese new year , even before christmas is over . Can see

many special offers ...........DYOHW
 
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