Welcome!
Sheng Siong Group
Budget 2024
RHB analyst has 'overweight' call on consumer, industrials, manufacturing & tech, and some REITs after Budget 2024
Analyst Shekhar Jaiswal also names “neutral” stocks in finance, healthcare, real estate, telco and retail REIT sectors.
February 19, 2024
Billion Dollar Club 2023
Palm oil giants and Sheng Siong Group share the wins
With an eye on sustainability, Golden Agri-Resources has achieved 98% traceability to the plantation in its palm supply chain
November 09, 2023
Broker's Calls
PhillipCapital, CGS-CIMB and DBS trim respective target prices for Sheng Siong
RHB's Yeo expects the stock to be supported by its yield of around 5%
October 30, 2023
Results
Sheng Siong reports higher net profit of $34.8 mil for the 3QFY2023, up 5.7% y-o-y
Revenue for Sheng Siong for 3QFY2023 increased 3.7% y-o-y to $345.8 mil, with notable sales contributions from its 6 new stores.
October 26, 2023
Singapore news
GST hike to 9% going ahead, bigger Assurance Package likely
'Many Singaporeans know how to compare prices. They can go to NTUC FairPrice today, Sheng Siong tomorrow and Giant the day after'
August 20, 2023
Broker's Calls
Brokers' Digest: CapitaLand Ascendas REIT, UOL Group, AEM Holdings, Keppel Corp, Sheng Siong Group
See what the analysts have to say this week.
August 05, 2023
Broker's Calls
RHB expects DFI's recovery to be 'gradual' and not 'firm', keeps 'neutral' call
There's a risk of Singapore shoppers downtrading
July 11, 2023
Investing strategies
Why Sheng Siong is good for long-term investors
Sheng Siong has delivered a cumulative return of 650% since it was listed 12 years ago.
May 10, 2023
Broker's Calls
RHB keeps 'buy' call on Sheng Siong but DBS downgrades to 'hold'
Despite the downgrade, the DBS analysts reaffirm their view that Sheng Siong is a "well-run quality business"
May 03, 2023
Broker's Calls
Banks to drive market rebound through April, as March Fed meeting outcome looms large for local stocks: DBS
DBS analysts are watching US economic data and Fedspeak that could signal one of two possible outcomes at the March Fed meeting.
March 14, 2023