Buy or Bye
$Sheng Siong(OV8.SG$
Economy downturn, everyone is tightening their belts with less buying power, inflation rate increases. When Malaysia borders open, surely many will flock into JB for groceries, petrol, seafood, massage etc.
Local spending reduction will make livelihood affected drastically. Major concerns.
What kind of news will uplift SS?
Economy downturn, everyone is tightening their belts with less buying power, inflation rate increases. When Malaysia borders open, surely many will flock into JB for groceries, petrol, seafood, massage etc.
Local spending reduction will make livelihood affected drastically. Major concerns.
What kind of news will uplift SS?
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Be Hungry : Bye
CounteReborn : Definitely a bye for me
maxlim : The question is whether will SS able to sustain the profit level that they achieved during apr 20 to dec 20? The short ans is no. So we should be looking at precovid price plus abit of premium?
102454277 : Bye... will chiong JB
Baby steps : I think is bye. it's hard to go up as there no news on the expansion of business and profits.
Stock ShowHand : There may still be security concern for chionging to JB. Sheng Siong's biggest competitor should be the online players like Shoppee who are willing to give a lot of promotions to win grocery customer.
Templereefer : Don’t think can Chiong JB so soon. Another Qtr maybe.
Aben Kinoshita OP : Malaysia will open to vaccinated travellers soon. Singapore has nothing to gain if open borders with Malaysia, I guess?