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Yes, I have bought some, will keep until results released and see if there is " sincerity" in dividend payout.
samccw ( Date: 27-Jan-2021 11:04) Posted:
then should buy now n keep, dividends also a reward for their valued shareholders.
bigeater ( Date: 27-Jan-2021 09:56) Posted:
| We will see! A good company should reward their employees AND shareholders : |
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Is this called " economic ecosystem" ? :)
brchkho1 ( Date: 27-Jan-2021 10:45) Posted:
On the flip side, that means consumers are paying handsomely to Sheng Siong for the grocery, so as the FP too.
bigeater ( Date: 27-Jan-2021 09:56) Posted:
| We will see! A good company should reward their employees AND shareholders : |
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then should buy now n keep, dividends also a reward for their valued shareholders.
bigeater ( Date: 27-Jan-2021 09:56) Posted:
We will see! A good company should reward their employees AND shareholders :)
ysh2006 ( Date: 27-Jan-2021 05:45) Posted:
| Maybe maintain div save money to pay bonus to workers.Their share price already up alot this year |
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On the flip side, that means consumers are paying handsomely to Sheng Siong for the grocery, so as the FP too.
bigeater ( Date: 27-Jan-2021 09:56) Posted:
We will see! A good company should reward their employees AND shareholders :)
ysh2006 ( Date: 27-Jan-2021 05:45) Posted:
| Maybe maintain div save money to pay bonus to workers.Their share price already up alot this year |
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We will see! A good company should reward their employees AND shareholders :)
ysh2006 ( Date: 27-Jan-2021 05:45) Posted:
Maybe maintain div save money to pay bonus to workers.Their share price already up alot this year.
bigeater ( Date: 26-Jan-2021 22:44) Posted:
| Hope they will reward the shareholders handsomely with dividend payout also |
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Already took profit some time back. But can still buy. But not at current overvaluedl level. DYODD
ysh2006 ( Date: 27-Jan-2021 05:45) Posted:
Maybe maintain div save money to pay bonus to workers.Their share price already up alot this year.
bigeater ( Date: 26-Jan-2021 22:44) Posted:
| Hope they will reward the shareholders handsomely with dividend payout also |
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Sheng Siong staff to get up to 16 months' bonus after strong earnings
Eligible Sheng Siong staff will receive total bonuses of up to 16 months, inclusive of the annual wage supplement (AWS) for last year, with the supermarket operator having raised the variable bonus to 20 per cent of the company' s profits before tax, Today reported.
In an internal staff memo sent out last week, the company said the bumper bonus was to recognise that it had " performed extremely well as compared to previous years" in 2020, on the back of elevated demand for its offerings due to the Covid-19 pandemic.
Total bonuses for staff ranged from 4.68 months for eligible part-time staff (inclusive of AWS) to 15.72 months for those ranked as assistant managers and above.
A portion of the bonus payout was given out last year, with the balance to be paid in March this year.
Sheng Siong has yet to report its 2020 full-year results.
For its nine months ended Sept 30 last year, its net profit jumped 83.3 per cent to $107 million from a year ago its revenue was up 44.6 per cent to $1.07 billion.
In the first half of last year, consumers - their movements restricted by the circuit breaker that was in place to contain the spread of Covid-19 - stocked up their pantries and began working from home and doing more cooking as a result.
In the third quarter, demand was still strong, even with the circuit breaker lifted, as consumers were still cautious and work-from-home arrangements continued to be encouraged, said Sheng Siong.
Maybe maintain div save money to pay bonus to workers.Their share price already up alot this year.
bigeater ( Date: 26-Jan-2021 22:44) Posted:
Hope they will reward the shareholders handsomely with dividend payout also!
alleyboy ( Date: 26-Jan-2021 20:48) Posted:
| But ss staffs very very very happy. They will get 16 mths bonus!!! Wahlou eh |
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Hope they will reward the shareholders handsomely with dividend payout also!
alleyboy ( Date: 26-Jan-2021 20:48) Posted:
But ss staffs very very very happy. They will get 16 mths bonus!!! Wahlou eh.
odebrecht ( Date: 26-Jan-2021 14:42) Posted:
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But ss staffs very very very happy. They will get 16 mths bonus!!! Wahlou eh.
odebrecht ( Date: 26-Jan-2021 14:42) Posted:
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SS can buy n keep for a month to see $$$
Disappointing stock...
Hi there.
Msia lock fdown and SS results got what kind of relationship?
Can enlighten me?
alleyboy ( Date: 25-Jan-2021 16:21) Posted:
By 1st feb if Msia covid numbers kip increasing, the govt may impose total lockdown. Good news for SS.
Axce76 ( Date: 12-Jan-2021 14:30) Posted:
Keep Watch SS. Based on previous trends, 2020 Financial report will be out end Feb  |
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yep .Overall market no looking good.
time to go defensive stock like SS
Time to grab
Now we see lesser stalls at Chinatown selling CNY goodies,
I also see lesser stalls selling CNY goodies at sub urban.
So I think NTUC, Giant, Sheng Siong should benefit.
alleyboy ( Date: 25-Jan-2021 16:21) Posted:
By 1st feb if Msia covid numbers kip increasing, the govt may impose total lockdown. Good news for SS.
Axce76 ( Date: 12-Jan-2021 14:30) Posted:
| Keep Watch SS. Based on previous trends, 2020 Financial report will be out end Feb |
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By 1st feb if Msia covid numbers kip increasing, the govt may impose total lockdown. Good news for SS.
Axce76 ( Date: 12-Jan-2021 14:30) Posted:
| Keep Watch SS. Based on previous trends, 2020 Financial report will be out end Feb |
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Hopefully SS closes with bullish marubozu today!
Keep Watch SS. Based on previous trends, 2020 Financial report will be out end Feb
CNY coming .. time to jeep SS
