Post Reply
1081-1100 of 1600
I think Sheng Siong supply to low end eatery and restaurants, these are for locals, so impact could be lesser.
morgany ( Date: 05-Sep-2016 14:55) Posted:
|
Just wonder....if our restuarants reported bad business and there are less tourist visiting our land, why Sheng Siong still able to
climb up when the demand is not there??? they are supplying to restaurants and hotels, all these are slowing down. Just to sell
to Auntie and Maids doing the marketing everyday won' t bring them good business....Just think of NTUC Fairprice, Giant and Cold Storage...
Went up too much Liao . Going back to 90/85 cent
flyersummer ( Date: 01-Sep-2016 21:23) Posted:
|
sold it off at 1.14. now we wait,.... :)
Agree. Metre provides much more value to me .... This one seems overvalued.
Equity1 ( Date: 26-Aug-2016 12:43) Posted:
|
I think may not suitable to compare against those giants, as the base is very different. It may be difficult to grow from what Walmart has now.
Wind22i ( Date: 25-Aug-2016 22:42) Posted:
|
Can take a look at metro. Looks v attractive
Wind22i ( Date: 25-Aug-2016 22:42) Posted:
|
I ran a search online and there were a number of analyst reports from big banks like DBS, OCBC and CIMB which all point positive for Sheng Siong. Their target prices for Sheng Siong ranged from $0.95 to $1.09 per share. It could be the positive sentiments surrounding this company which resulted in its share price to increase from $0.80 plus range to now $1 and above range.
As long as the company is put in the limelight, its share price will naturally do well. As long as it continues to deliver well in terms of growth in its business revenues and profits down the road, the share price should continue to be well supported as the positive sentiments about this company persist. That is the power of market sentiments which can support a company' s share price at high PE ratio (sometimes even at ridiculously high premium) as long as it is looked upon as a hot market darling worth the chase.
Wind22i ( Date: 25-Aug-2016 22:42) Posted:
|
Yes its earnings only 4c . it's trading at an amazing 25x earnings.
Below some bluechip US superstore valuation:
Walmart US - 16x.
Target -14x
If it trade say at 14x earnings like it shld only be worth around 56c...
Now it is trading at 1 dollar!
Probably some "fun" manager whacking it up..for enjoyment purposes
Below some bluechip US superstore valuation:
Walmart US - 16x.
Target -14x
If it trade say at 14x earnings like it shld only be worth around 56c...
Now it is trading at 1 dollar!
Probably some "fun" manager whacking it up..for enjoyment purposes
better sell ...or short sell
crazy market for a supermarket to be trading at this price....
Wind22i ( Date: 25-Aug-2016 19:04) Posted:
|
The earnings really mediocre and dividend not even 1c its like 0.00x cents..
It was promoted like its walmart or something haha
It was promoted like its walmart or something haha
Wanted to sell at 1.15 yday but my fingers not fast enough haiz......
those who bought at 1.15 yesterday morning, sure cry until sian
Think Rally over.Ppl exiting Liao.May go under $1
Equity1 ( Date: 22-Aug-2016 20:23) Posted:
|
some kee chia go to the bank
Those who chased above 1.10 all kee chia liao
Siong tio.... better run fast....
ahbenboy ( Date: 25-Aug-2016 09:48) Posted:
|
Basically best world almost everyday go new high...
Gonggongtry ( Date: 24-Aug-2016 14:25) Posted:
|
Ramba energy. now you can get it at 0.18x. After the release of rights shares, the price may shoot up beyond 20 cents or more. Short term profit...
Gonggongtry ( Date: 24-Aug-2016 14:25) Posted:
|
dropped already this morning
Wind22i ( Date: 24-Aug-2016 19:44) Posted:
|