thanks!
wehuattogether88 ( Date: 01-Jun-2020 10:57) Posted:
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Quite hard to say now.
observing
 
observing
 
LaPeriwinkle ( Date: 01-Jun-2020 10:52) Posted:
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hello all, is it a good time to enter SS at the current price?
Oh ok, if your refering to MCSI index.
The one confirm to be include into MCSI.  Its mapletree log.
Dont think its sheng siong. 
But future who knows ?  :)
The one confirm to be include into MCSI.  Its mapletree log.
Dont think its sheng siong. 
But future who knows ?  :)
wehuattogether88 ( Date: 01-Jun-2020 10:38) Posted:
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Maybe there is a portfolio adjustment by fund houses after some stocks like SCI, CDG and SPH were dropped from MSCI' s index.
Suspecting only.
Suspecting only.
actan99 ( Date: 01-Jun-2020 10:35) Posted:
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Oh funds going into SS ? 
The news isit from sgx ?
The news isit from sgx ?
wehuattogether88 ( Date: 01-Jun-2020 10:32) Posted:
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Some funds go into Sheng Siong at last Friday closing.
Is this an indication that SS is much better than SCI and SPH or even CDG at current situation and 6 months forward? 
Is this an indication that SS is much better than SCI and SPH or even CDG at current situation and 6 months forward? 
Let's watch how far it will go next week, maybe can make some coffee money 😁
simpleguy123 ( Date: 29-May-2020 20:11) Posted:
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Today in final minutes suddenly surge. Could it be because those funds leaving the 4 counters (SPH, Comfort Delgro, etc) are entering?
Definitely that report by RHB played some part in jacking the price up....
will be at current price until it reports its 2Q results
wehuattogether88 ( Date: 26-May-2020 13:09) Posted:
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Maybe will stagnant at this level, 1.60 level a bit difficult to crack
Do not forget that Sheng Siong is still expanding.
With more money from the huge increase in profit,
expansion will be easier and faster.
With more money from the huge increase in profit,
expansion will be easier and faster.
even the 2nd quarter results are fantastic again, the long term look and sector is not going to support the current P/E, the only possibility for it to hold its current price will be the lack of options putting funds elsewhere, cause at least shengsiong is not making lost...
simpleguy123 ( Date: 24-May-2020 07:29) Posted:
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The results announced was for the 1st quarter (Jan-Mar), and the circuit breaker was implemented in Apr. Thus his earnings results only reflected pre-circuit breaker sales, and back then people could still dine outside.
But if you factor in circuit breaker, his next results which will be for 2nd quarter (April - June), theoretically SS earnings will be even better because all must either:
A) Go out and Takeaway,
B) Order delivery,
C) Cook at home (buy groceries)
With jobs hard to come by or even being lost, consumers will likely tighten purse strings and buy the groceries to cook at home.
wehuattogether88 ( Date: 22-May-2020 11:30) Posted:
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Will SS earnings still be fantastic in the coming quarter? 
I think might not be. Its share price already reflected and factored in 
I think might not be. Its share price already reflected and factored in 
Any news on the upcoming dividend ? Its already may, they still not yet declared ?
Bought last year, then exited.
Then buy in again  earlier this year.
Wanting to accumalate more leh. but now so ex. 
Will it drop further ?    One of my fav stock. 
Then buy in again  earlier this year.
Wanting to accumalate more leh. but now so ex. 
Will it drop further ?    One of my fav stock. 
simpleguy123 ( Date: 09-May-2020 08:31) Posted:
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Will wait for it to drop and observe the sales before re-entering. CB easing so not sure how it will affect the sales of SS. Cheers!
Majority of us here will call for sell on SS because of high stock price and high PE and brisk business will go back to normal after lockdown lifted
sold to take profile, looks it will have correction back to its usual P/E