Sheng Siong Stock Forum

MoopyLaBuBu :

最爱精灵 : The bears are a bit ruthless, they just won't let it go above 1.68.

102672649 OP 最爱精灵 : It will up but very slow.SG stock is like that.

104796851 : Don't know whether can buy right now?

MoopyLaBuBu : Shengsong ~ All for You ~

Lewis Jessica MoopyLaBuBu : Occasionally,no matter what price and time you enter,as long you willingly to hold for long term(no matter the share price is up or down/do remember,Sheng Siong distribute twice dividends annually)definitely will give you a lucrative profit.Sheng Shiong is immune to any economic downturn,COVID,war etc.

101678320 : am personally waiting for a slight drop. pretty strong fundamentals though, am surprised by the fundamentals tbh

MCbae OP 101678320 : I was also thinking maybe a drop will be a better entry price.. but im not sure which entry price is good

MoopyLaBuBu :

TBRichie : Good to hold for long run if you are those dividend type. otherwise, this stock price rarely move.

Deltallama : I've been in this for two years now, happy to share what I have learned so far:
1. SG stocks very little actions, mostly due to smaller market compared to US stocks. So it may take years to see significant capital gains.
2. Dividend wise, a lot of SG stocks i know paid few cents per share. So you need to own tens of thousands of shares to see significant dividends income. But of course, every dollar earned is still a dollar gained la.
So you need to be sure of what you want first.

MoopyLaBuBu :

MoopyLaBuBu :

Captain Woon : look like market uncertain so rather park on stable counter like this one but 1.68 might not be so soon? it's been rising quiet a lot in the past month already.

Hot headed OP Captain Woon : slow and steady growing. MA are point up which is good so far.