That woman who sell crocodile meat at Teck Whye Seng Song is very rude.
 
. sh siong target price 0.75.
next 2 years will have good div. ( 90% dividend payout fixed for the next two years.)
  so i  vested.
going in again.. pending for a good price. b
will hold long, target 1 year.
problem is the pe now is kinda high. so will monitor it now.
 
what do you think on this? 
SG Daily: Sheng Siong Group
Singapore Daily Sheng Siong Group: Potential Ace Up Its Sleeve Maintain Buy, TP $0.70 Sheng Siong will launch its e-commerce platform in 1H13. Despite being a latecomer to online retailing, we believe this move is a step in the right direction as shopping on the Internet will inevitably erode traditional grocery shopping in the future. Sheng Siong has set aside SGD20m of IPO proceeds for development and expansion of grocery retailing in Singapore. In the initial stage, Sheng Siong plans to ease its E-commerce model into its Pick to Light inventory system currently in use at Mandai warehouse.. While we expect the online channel will take at least a couple of quarters to gain momentum, Sheng Siong remains a BUY with a TP of SGD0.70, coupled with a 90% dividend payout fixed for the next two years.
Singapore Daily Sheng Siong Group: Potential Ace Up Its Sleeve Maintain Buy, TP $0.70 Sheng Siong will launch its e-commerce platform in 1H13. Despite being a latecomer to online retailing, we believe this move is a step in the right direction as shopping on the Internet will inevitably erode traditional grocery shopping in the future. Sheng Siong has set aside SGD20m of IPO proceeds for development and expansion of grocery retailing in Singapore. In the initial stage, Sheng Siong plans to ease its E-commerce model into its Pick to Light inventory system currently in use at Mandai warehouse.. While we expect the online channel will take at least a couple of quarters to gain momentum, Sheng Siong remains a BUY with a TP of SGD0.70, coupled with a 90% dividend payout fixed for the next two years.
result already out on thu.. but US up ... should be able to further push...
i bought 0.62 opening.... sold 0.635... earn some kopi money.. Ok la
guoyanyunyan ( Date: 22-Feb-2013 21:19) Posted:
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Sheng Siong Group: Time to go defensive
-   revenue increasing 10.2% YoY To S$637.3m
-   improvement in core operating profit margin by 0.3 ppt to 6.2%.
-   core PATMI rose 14.8% YoY to S$31.3m.
- declared a final dividend of 1.75 S cents (versus 1.77 S cents in FY11)
-   committed to extend its 90% PAT payout policy for another two years.
  raise our fair value to S$0.69 from S$0.58 previously. Upgrade to BUY.
not yet -.-
vw2796 ( Date: 22-Feb-2013 10:41) Posted:
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already factored in price.
guoyanyunyan ( Date: 21-Feb-2013 21:41) Posted:
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Good result.Tmor cheong arhhhh..
Sheng Siong's net profit for the fiscal fourth quarter more than doubled to S$7.99 million, on a 15.9 per cent increase in turnover.
The local supermarket chain said on Thursday that its full-year profit rose 52.9 per cent year on year to S$41.68 million, while turnover increased 10.2 per cent to S$637.32 million.
The group recorded a one-off gain of S$10.5 million from the disposal of its Marsiling warehouse.
Earnings per share for the full year were 3.01 Singapore cents, up from 2.21 Singapore cents a year ago
should i continue to hold? isnt looking good to me.
Lucky i let go at 0.69 me love 69! Welcome more citizen to f us!
.585 may be a good bet to long... 


edchai ( Date: 05-Feb-2013 13:16) Posted:
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This counter really 'siong' liao.
yay! breakout!!!
a_patche, lucky you nv pull out and cut loss so early, can see the hammer forming. =) Good luck. 
Hmmm, resistance at 0.63.
HUAT AH...................HUAT AH......................
jeep sheng siong last week, good call on breakout of 0.600 last week, courtesy of singaporetradinginsights.blogspot.com
i think it should be good to accumulate again when its near the 0.600 region..