Ya, better than bank, but based on last payout, was only about a 3% yield, which is lower than the current inflation rate of 5.3%pa. Still lose out le...
warrenbegger ( Date: 25-Apr-2012 22:19) Posted:
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_89B9841BC0A98588482579EB00322D56/$file/SSG_ppt_1Q2012.pdf?openelement
 
90% of net profit payout in FY12
*Better than bank interest rate   :)
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_89B9841BC0A98588482579EB00322D56/$file/SSG_MediaRelease_1Q2012results_25Apr2012.pdf?openelement
Sheng Siong’s 1Q2012 net profit up 73.7% y-o-y to S$16.8 million on gain from sale of old warehouse
“Our strong cash flow from operations in 1Q2012 of S$12.1 million enabled us to continue to strengthen our cash position to S$149.1 million as at 31 March 2012. We are also in a strong
“The Group has signed leases for two new outlets totalling 19,000 sq ft. With the opening of these outlets in 2Q to 3Q 2012, the Group’s total retail area is expected to expand by about 5.5%. The opening of these new outlets will contribute positively to our revenue.”
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1197407/1/.html
Supermarket chain operator Sheng Siong Group posted a 74 per cent jump in first quarter net profit, to S$16.8 million from the previous year.
Wah.. u make me missed my old hse mama shop le.. I think rob their rice, steal their cooking oil n piss on their TP better. Lol
Defensive play with  High butter yield...
Sheng siong toilet paper and kotex is very cheap !
No matter how the market, All must eat, poke and shiit !!
 
If this Mama shop let me lose,
I going to rob their rice,  take their toilet paper, and steal their cooking OIL !!!
*Dividend of $17 per lots. XD on 8 May 2012. Free a row of toilet paper too :)

 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
Up Up Pls :)
At 0.485 Don't know who throw to me?
At 0.480 still Don't know who throw to me?
I think i going to be a baby sitter liao :) Now U don't want, don't later buy from me :)
Thanks for posting this as i didn't read analCs reports too much. U r helpful :)
-With Chinese New Year (CNY) in 1Q12, we expect revenue contribution from the quarter to be the highest for the year as supermarkets tend to enjoy peak volumes during this festive period.
-Given recent market weaknesses, we reiterate our belief that SSG offers a quality, defensive play into domestic consumption demand and downside protection. In addition, with a committed 90% of net profit payout in FY12, SSG presents an attractive dividend play opportunity with an expected yield of about 5.8%
*I am vested so i am very bias, LOL :)
sgnewbie ( Date: 13-Apr-2012 16:24) Posted:
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I catching bird again :)
Who like to catch  bird too?
A typical ah beng provision store
you sure 是 一 只 小 小 小 小 鸟 ?
Probably it is a Chicken...
Flyordie ( Date: 29-Mar-2012 13:33) Posted:
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想 要 飞 呀 飞 , 飞 呀 飞 不 高
Don't worry, small bird still trying to fly higher :)
  鸟 .....??????
Flyordie ( Date: 13-Mar-2012 15:21) Posted:
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小 小 鸟 ???