Reply to @HK1_MM3 : SS main competitor is Giant and NTUC. Giant is backed by Dairy Farm, relatively diverse retail company operating in Asia while NTUC is backed by gov. In the short and medium term, Amazon will displace Redmart and other online-only grocery service providers while affecting profit margins and growth for traditional grocers such as SS, Dairy Farm and NTUC. Nevertheless, today is just Day 2. Much to be seen. dyodd
been sucked big time in Singapore esp by u know who anti until u see...amdk really satki
shengsiong and dairyfarm
will be impacted the most in the mid term.
Reply to @HK1_MM3 : SS main competitor is Giant and NTUC. Giant is backed by Dairy Farm, relatively diverse retail company operating in Asia while NTUC is backed by gov. In the short and medium term, Amazon will displace Redmart and other online-only grocery service providers while affecting profit margins and growth for traditional grocers such as SS, Dairy Farm and NTUC. Nevertheless, today is just Day 2. Much to be seen. dyodd
There will be good chance for SingPost to recover if it can hold on to 1.300
Reply to @victorso : Sorry.. no long blue candlestick.. price must clear 1.32 if not, will see SingPost retesting the low..