Shares & Derivatives
Sheng Siong – Chart wise, bearish mode! Likely to go down to test 1.50 again! Breaking down of 1.49 plus high volume we may see her drifting down to 1.46 than 1.40! Pls dyodd.
By Singapore Stocks Sharing  •  March 13, 2024
Sheng Siong  - Chart wise,  bearish mode! Likely to go down to test 1.50 again! Breaking down of 1.49 plus high volume we may see her drifting down to 1.46 than 1.40! Pls dyodd. I think boat is back! At 1.52, yield is about 4%. No harm waiting for 1.40 to 1.46 to come back especially when Mr. MARKET IS WEAK! Pls dyodd. I think good price is back! Their annual dividend of about 6.12 cents ( interim + final) is sustainable as it is able to grow their revenue from their businesses even during inflation.  Their outlet mainly located near the neighborhood housing development board flats where 80% of local are staying/owning. Their expansion plan is to add new stores in new hdb flats development area. They also venture out into China. At 1.53, yield is about 4% of which I think is quite a good yield level for selling essential household products. Their track records for past 10 years has been rather positive as it is able to increase the...
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By Singapore Stocks Sharing
All information is just for sharing on https://spore-share.com or https://spore-share.blogspot.com (Trade/Invest base on your own decision). Thank You! For trading, be firmed in executing your stop loss strategy. Also don’t be too eager to take profit to early. Let your profit run. For Investing it is good to read up and educate yourself to know the basic financial analysis. Learn how to identify good company to invest . Pick those company/counter that you are familiar with their business.
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