Latest Forum Topics / Sheng Siong Last:1.64 -- | Post Reply |
Sheng Siong
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EdwardLiu
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29-Aug-2011 09:01
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Sheng Siong hits 0.52. | ||||
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spkcheong
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29-Aug-2011 06:20
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Hee Hee, what our friend meant was perhaps, one can safely promise anything to anyone on February 30th!
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JUNWEI9756
Supreme |
29-Aug-2011 00:22
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27th of August is a saturday.. SGX not trading.. how can sheng siong go pass 50 cents ? LOL.
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alanghc2020
Member |
29-Aug-2011 00:18
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Another show after PE2 0 1 1
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bryansng
Senior |
29-Aug-2011 00:04
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Sometime, it may end up like GSP. It went up to a high $1 and even a low $2 :P
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hpong5
Master |
28-Aug-2011 22:00
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Anyway, will just dump to them tomorrow.
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teeth53
Supreme |
28-Aug-2011 21:11
Yells: "don't learn through life, learn to grow with life " |
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It is often and most likely that anaylst said " not to up beat." I said, it is good to buy and  when anaylst said is good and up beat and even can come out with a new target price. I said it about time to take some profit. As always  anaylst  oso like to profit from what they said. 
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louis001
Master |
28-Aug-2011 21:09
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even if it breaks 0.50, there is no guarantee it will continue upside...... it's been up 50% over the past week...it is becoming more scary now.....  remember " pump and dump" ....  |
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RachelG
Member |
28-Aug-2011 20:32
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Hopefully can break 0.50 barrier otherwise maybe all the way down. Will enter again if hit 0.505. |
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hpong5
Master |
28-Aug-2011 20:13
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Maybe can sell above 0.50 to the BBs tomorrow. Remember to leave some for others.
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teeth53
Supreme |
28-Aug-2011 19:50
Yells: "don't learn through life, learn to grow with life " |
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Contra players, BBs may hav found some understanding with others players in gauging on how far Sheng Siong (SS-OV8) can go. lossing out would be stocks like Genting SP and GAR. Last week  flavourite was Sheng Siong and this week it look a certain win again for SS (OV8).  
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hpong5
Master |
28-Aug-2011 16:32
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Analysts are not too upbeat on the prospects of the stock as growth potential may be limited. The family-run business has priced its shares at 33 cents apiece and plans to raise S$116 million from the share sale. It is selling a total of about 351.5 million shares, comprising 201.5 million new shares and 150 million vendor shares. The firm's three founders - brothers Lim Hock Chee, Lim Hock Eng and Lim Hock Leng - will receive S$48.3 million from the sale of their stakes while the issue of new shares will net S$62.6 million. Post-listing, the firm is expected to have a market capitalisation of S$442.7 million. Sheng Siong posted a net profit of S$42.6 million and revenues of S$628.4 million for the fiscal year ended December 2010. Sheng Siong said it intends to pay out up to 90 per cent of its net profit for this year and 2012 as dividends. Still, analysts are sceptical on the stock as they see limited growth potential. Ng Kian Teck, investment analyst at SIAS Research, said: "A bulk of their IPO proceeds is actually used to pay off loans as well as to build up their warehouse facilities, which actually helps in terms of the cost management, but not so much of the top-line strategy." | ||||
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hpong5
Master |
28-Aug-2011 14:54
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Those big contra players sure smiling to the banks next week. Just in time for them to sell at higher price to others.
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hpong5
Master |
28-Aug-2011 14:26
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Hope they continue to pump up the share price tomorrow since they have only managed to pump up just 50% from 0.33 IPO price to the current 0.49 level. Tomorrow pump above 0.50 to make everyone very very rich. | ||||
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teeth53
Supreme |
28-Aug-2011 13:57
Yells: "don't learn through life, learn to grow with life " |
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To monitor those BBs selling...... http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/company_announcements
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teeth53
Supreme |
28-Aug-2011 13:47
Yells: "don't learn through life, learn to grow with life " |
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Name of share holders / Funded institution alloted placement. JF Asset Management Limited 34,830,000 millon shares Prudential Asset Management (Singapore) Limited 28,400,000 million shares FIL Investment Management (Hong Kong) Limited 21,400,000 million shares VPL Funds 18,000,000 million shares, and Kenrich Partners Pte Ltd 19,250,000 million shares Moratorium: To demonstrate their commitment to our Company, our Executive Directors, Mr. Lim Hock Chee, Mr. LimHock Eng, and Mr. Lim Hock Leng: (1) have undertaken to the Issue Manager and our Company not to offer, sell, contract to sell, grant any option or right to acquire, or otherwise transfer or dispose of any part of their respective shareholdings in our Company immediately after the Invitation for a period of six (6) mths (2) have procured that SS Holdings has undertaken to the Issue Manager and our Company not to offer, sell, contract to sell, grant any option or right to acquire, or otherwise transfer or dispose of any part of SS Holdings’ shareholdings in our Company immediately after the Invitation for a period of six (6) mths. (3) have further undertaken to the Issue Manager and our Company not to offer, sell, contract to sell, grant any option or right to acquire, or otherwise transfer or dispose of any part of their respective shareholdings in SS Holdings immediately after the Invitation for a period of six (6) mths. |
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hpong5
Master |
28-Aug-2011 12:46
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Pump it up, pump it up! | ||||
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teeth53
Supreme |
28-Aug-2011 12:43
Yells: "don't learn through life, learn to grow with life " |
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In Dyna Mac, it was depended on Keppel for business, and it clinical cycle, as now on world business tend to slow down and Keppel depend on much on international business to grow it wealth. Is d other way round for Sheng Siong. This coming week SS can be able ti achive new high, in between profit taking, it is possible, it can be another Genting SP beginning next year, closer to CNY. |
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hpong5
Master |
28-Aug-2011 12:39
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Lets hope the opening price tomorrow is 0.50. | ||||
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RachelG
Member |
28-Aug-2011 12:10
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I think x2 of IPO price ( 0.70) is a huge psychological barrier. Dyna Mac IPO was 0.350 and similarly it rose only to 0.70 before falling. Anyway probably you and Ipunter are more experienced. Hopefully both of you are right.
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