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Sheng Siong
Broker's Calls
PhillipCapital and RHB increase Sheng Siong’s TPs and estimates after 3QFY2024 results
Citi Research has kept its "buy" call and target price unchanged.
26 days ago
Results
Longer sales period pre-Lunar New Year boosts Sheng Siong’s 1HFY2024 revenue, net profit up 6.8% y-o-y to $70 mil
Following the resilient financial performance, Sheng Siong plans an interim dividend of 3.2 cents per share.
July 29, 2024
Broker's Calls
Analysts have mixed appetites on Sheng Siong
Analysts have mixed sentiments on Sheng Siong.
April 29, 2024
Broker's Calls
Analysts mixed on Sheng Siong's prospects
Analyst have very different view on Sheng Siong following its FY2023 results.
March 01, 2024
Company in the news
Sheng Siong signs new lease agreement in China
Sheng Siong to open new outlet in Kunming, China.
September 22, 2023
Broker's Calls
RHB keeps 'overweight' on grocery retailers; picks Sheng Siong over DFI
RHB expects food spending to strengthen in the supermarket format next year, benefitting both DFI and Sheng Siong.
September 19, 2023
Multi-industry
FairPrice maintains role as co-op, solidifies supply chain focus and invests in Trust Bank
FairPrice Group to remain as co-op, focusing on food resilience, invests in Trust Bank
August 22, 2023
Broker's Calls
DBS downgrades Sheng Siong to 'hold' with lower TP of $1.76 despite record quarterly gross margin
The DBS analysts believe they have been too overly optimistic on their earlier FY2023/FY2024 assumptions.
July 31, 2023
Broker's Calls
Palatable valuations keep Sheng Siong at 'buy': RHB
Shares in Sheng Siong have be declining but RHB thinks it's time to 'buy'.
June 16, 2023
Broker's Calls
Better days ahead for Sheng Siong but some near-term drag from GST discounts
Sheng Siong may see some near-term drag but it's long-term potential remains. CGS-CIMB recommends to accumulate.
April 24, 2023