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" The share price drop from $1 to 94 cents already proves that if Sheng siong still open stores..."
The above statement a bit...that cannot be used as a prove leh.
genting^2 ( Date: 01-Aug-2017 09:47) Posted:
The share price drop from $1 to 94 cents already proves that if Sheng siong still open stores where it is inaccessible and delivery is only to North Eastern parts of SIngapore, it won' t survive for long.
We are not talking abt Redmart or lazada or qoo10 as these poses no direct threat as they are not well known. AMAZON is a super huge company with lots of money to burn. I think they will be successful to tackle even
NTUC, ColdStorage. It is only less tha a week since they start operations and it has create ripples in the industry. |
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No offend to those w CIMB.....they are always w no mercy ...adding salt to the wound.
Nver know who is the one who pushing it down to accumulate. Dyodd
Not vested yet.
genting^2 ( Date: 01-Aug-2017 09:57) Posted:
| CIMB just send a email indicating Sheng Siong price will dip further, initiate short. |
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Er.....(==" )....why send email, try to gather gang effect. Anyway, a dip will provide us windows to replenish stocks.
Hope can one stone hit 2 birds, gain $$$$$ & hit shortists.
genting^2 ( Date: 01-Aug-2017 09:57) Posted:
| CIMB just send a email indicating Sheng Siong price will dip further, initiate short. |
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CIMB just send a email indicating Sheng Siong price will dip further, initiate short.
The share price drop from $1 to 94 cents already proves that if Sheng siong still open stores where it is inaccessible and delivery is only to North Eastern parts of SIngapore, it won' t survive for long.
We are not talking abt Redmart or lazada or qoo10 as these poses no direct threat as they are not well known. AMAZON is a super huge company with lots of money to burn. I think they will be successful to tackle even
NTUC, ColdStorage. It is only less tha a week since they start operations and it has create ripples in the industry.
In Singapore it is not like in US where people are moving towards shopping on line even their groceries. Here we go to hawker centres to eat drink and also shop in super markets. We enjoy our trips to stores and the shopping experience. This is a wrong notion that e-commerce will kill businesses like Sheng Siong in Singapore. I believe many will agree with this.
Agree....much2 more than that.....
investshare ( Date: 01-Aug-2017 09:07) Posted:
Ecommerce is not about just setting a website and advertising online.
Eagle88 ( Date: 01-Aug-2017 08:43) Posted:
| Time for SS to advertise online....to capture those who like to order everything online... |
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They only deliver to North eastern parts of SIngapore. epic fail!
Ecommerce is not about just setting a website and advertising online.
Eagle88 ( Date: 01-Aug-2017 08:43) Posted:
Time for SS to advertise online....to capture those who like to order everything online....
Eagle88 ( Date: 01-Aug-2017 08:39) Posted:
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The stock is very much under value now....buy and keep for dividends....
Time for SS to advertise online....to capture those who like to order everything online....
Eagle88 ( Date: 01-Aug-2017 08:39) Posted:
You can order online too....lol
https://www.allforyou.sg/ or http://www.shengsiong.com.sg/
Benjamin_29 ( Date: 31-Jul-2017 21:04) Posted:
Btw, Sheng Siong is also investing alot into IT so it is not true they are not aware of the emerging trends. One advantage that SS has over Amazon is definitely the local context and knowhow they have painfully acquired over the years. You don' t just come in and expect to " disrupt" just because u are a giant. Even walmart failed in countries like Russia, Germany , South Korea because it does not understand the local context well enough.
I expect SS' s share price might correct because of this Amazon Prime Singapore fanfare. But this would again present a good opportunity for long term investors to scoop. I hope to ride on these negative sentiments and collect chea |
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You can order online too....lol
https://www.allforyou.sg/ or
http://www.shengsiong.com.sg/Benjamin_29 ( Date: 31-Jul-2017 21:04) Posted:
Btw, Sheng Siong is also investing alot into IT so it is not true they are not aware of the emerging trends. One advantage that SS has over Amazon is definitely the local context and knowhow they have painfully acquired over the years. You don' t just come in and expect to " disrupt" just because u are a giant. Even walmart failed in countries like Russia, Germany , South Korea because it does not understand the local context well enough.
I expect SS' s share price might correct because of this Amazon Prime Singapore fanfare. But this would again present a good opportunity for long term investors to scoop. I hope to ride on these negative sentiments and collect cheap
Benjamin_29 ( Date: 31-Jul-2017 20:51) Posted:
| Before Amazon Prime there is already redmart, honestbee, qoo10, lazada, taobao, etc yet Sheng Siong still doing well. I don' t see how one Amazon Prime gonna affect its business much. The variety of grocery u can get from SS is also diverse with much wider range. Besides, SS also got their own e-commerce platform which my colleagues and I have personally ordered grocery and other merchandise from. As of now, I don' t see what superior value proposition Amazon has to offer to its Singapore counterparts.I rather order directly from the Amazon US site for more exciting stuff it has to offer, and they shall definitely not be grocery or other common merchandis |
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Btw, Sheng Siong is also investing alot into IT so it is not true they are not aware of the emerging trends. One advantage that SS has over Amazon is definitely the local context and knowhow they have painfully acquired over the years. You don' t just come in and expect to " disrupt" just because u are a giant. Even walmart failed in countries like Russia, Germany , South Korea because it does not understand the local context well enough.
I expect SS' s share price might correct because of this Amazon Prime Singapore fanfare. But this would again present a good opportunity for long term investors to scoop. I hope to ride on these negative sentiments and collect cheap
Benjamin_29 ( Date: 31-Jul-2017 20:51) Posted:
Before Amazon Prime there is already redmart, honestbee, qoo10, lazada, taobao, etc yet Sheng Siong still doing well. I don' t see how one Amazon Prime gonna affect its business much. The variety of grocery u can get from SS is also diverse with much wider range. Besides, SS also got their own e-commerce platform which my colleagues and I have personally ordered grocery and other merchandise from. As of now, I don' t see what superior value proposition Amazon has to offer to its Singapore counterparts.I rather order directly from the Amazon US site for more exciting stuff it has to offer, and they shall definitely not be grocery or other common merchandise
alexchew ( Date: 31-Jul-2017 10:42) Posted:
| funny, then how about airbnb, grab,uber etc. Its not a matter of fighting by products. Its a matter of changing people lifestyle. End of the day, consumer still buying their darlie toothpaste, but using different channels. Demographics is right for this change, with the launch of smartphones and cheap data plans, and credit card facilities. More user friendly platforms... Will you still want to Q up at the super long ntuc cashier in few years time and lug your 10kg rice plus other household items or you spend your sunday without the hassle.. |
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Before Amazon Prime there is already redmart, honestbee, qoo10, lazada, taobao, etc yet Sheng Siong still doing well. I don' t see how one Amazon Prime gonna affect its business much. The variety of grocery u can get from SS is also diverse with much wider range. Besides, SS also got their own e-commerce platform which my colleagues and I have personally ordered grocery and other merchandise from. As of now, I don' t see what superior value proposition Amazon has to offer to its Singapore counterparts.I rather order directly from the Amazon US site for more exciting stuff it has to offer, and they shall definitely not be grocery or other common merchandise
alexchew ( Date: 31-Jul-2017 10:42) Posted:
funny, then how about airbnb, grab,uber etc. Its not a matter of fighting by products. Its a matter of changing people lifestyle. End of the day, consumer still buying their darlie toothpaste, but using different channels. Demographics is right for this change, with the launch of smartphones and cheap data plans, and credit card facilities. More user friendly platforms... Will you still want to Q up at the super long ntuc cashier in few years time and lug your 10kg rice plus other household items or you spend your sunday without the hassle..
Benjamin_29 ( Date: 27-Jul-2017 19:54) Posted:
| I think I will be more worried for Amazon. If Sheng Siong' s share price tank because of irrational news like these, I believe it is again an opportunity to scoop. There is a Chinese saying: 强 龙 斗 不 过 地 头 蛇 |
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Yup, agree
SuperLuckyCorn ( Date: 31-Jul-2017 11:42) Posted:
Anyway same technique again, some funds gang up to create push down impression, though generally still positive management. Est in 1~2 wk, funds to flush out confuse players then back to 0.98~1.00 range.
alexchew ( Date: 31-Jul-2017 11:16) Posted:
| not just amazon prime. The barriers of entry has been lowered. |
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Anyway same technique again, some funds gang up to create push down impression, though generally still positive management. Est in 1~2 wk, funds to flush out confuse players then back to 0.98~1.00 range.
alexchew ( Date: 31-Jul-2017 11:16) Posted:
| not just amazon prime. The barriers of entry has been lowered. |
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not just amazon prime. The barriers of entry has been lowered.
you refering to Amazon Prime Now?
alexchew ( Date: 31-Jul-2017 10:51) Posted:
| the major problem is online retailers getting a slice of the cake, and they have fatter purse to splash out goodies, which SS do not have.. |
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Already many buy from qoo10.
alexchew ( Date: 31-Jul-2017 10:42) Posted:
funny, then how about airbnb, grab,uber etc. Its not a matter of fighting by products. Its a matter of changing people lifestyle. End of the day, consumer still buying their darlie toothpaste, but using different channels. Demographics is right for this change, with the launch of smartphones and cheap data plans, and credit card facilities. More user friendly platforms... Will you still want to Q up at the super long ntuc cashier in few years time and lug your 10kg rice plus other household items or you spend your sunday without the hassle..
Benjamin_29 ( Date: 27-Jul-2017 19:54) Posted:
| I think I will be more worried for Amazon. If Sheng Siong' s share price tank because of irrational news like these, I believe it is again an opportunity to scoop. There is a Chinese saying: 强 龙 斗 不 过 地 头 蛇 |
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This stock has a rock solid base, and this dip is definitely caused by irrational market sentiments. What many people worry about is that Amazon could prove disruptive like how it did to Walmart in the US or how uber/grab is to comfort delgro in Singapore. However, while Amazon can flourish in countries which has a sprawling land mass, the convenience of supermarkets located within close proximity to housing estates will supercede this comparative advantage of Amazon.
Moreover, this is a defensive stock which caters to the HDB dwellers with its cheap range of food products. Compared to the dairy farm group, the clientele base is less likely to turn to amazon which requires 1)IT savviness and 2)min. purchase orders, also considering that this consumer base prefer going to supermarket for the consumer experience.
2 million shares shorted yet to be covered also. This price could still rise especially if market recognise the reason for the swing.
