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Sheng Siong
Broker's Calls
RHB is keeping Sheng Siong in its cart
RHB likes Sheng Siong for defensive qualities, strong balance sheet, attractive dividends, store expansion, etc.
April 13, 2023
Broker's Calls
Sheng Siong remains in analysts' carts despite lack of earnings growth in FY2022
Sheng Siong remains a defensive play in analysts' books amid the high inflation environment.
March 03, 2023
Results
Sheng Siong posts $133.3 mil in earnings for FY2022, slight 0.4% increase
Sheng Siong's FY2022 showed little growth amid the normalisation from the pandemic and current inflationary pressures.
February 27, 2023
Company in the news
Sheng Siong to open fifth store in China
Sheng Siong is expanding its footprint in China with a new outlet.
January 05, 2023
Broker's Calls
RHB keeps ‘buy’ on Sheng Siong in lieu of benefits from lower disposable income
The inflationary environment could lead Sheng Siong’s consumers to spend more cautiously prioritise more essential items
September 05, 2022
Broker's Calls
Sheng Siong demonstrates resilience for 2QFY2022: RHB
The analyst is optimistic that Sheng Siong will maintain its margins by raising prices to pass on costs, as seen previously
July 13, 2022
Broker's Calls
Inflation to give Sheng Siong a boost
After the reopening euphoria settles, the reality of inflation kicks in. And this is where Sheng Siong will be a beneficiary.
May 24, 2022
Broker's Calls
Analysts mixed on Sheng Siong with warnings of ‘tougher times ahead’ amid recent reopening measures
Sheng Siong reported revenue of $358 million for the quarter, 6% up y-o-y, while net profit increased 13.9% to $35.2 million
April 28, 2022
Billion Dollar Club 2021
Sheng Siong is winner once again; Japfa tops earnings and share price growth
Sheng Siong is a BDC winner once again, while Japfa tops earnings and share price growth.
September 10, 2021
Broker's Calls
Analysts mixed on Sheng Siong as its hey days are likely over
The sale is over for Sheng Siong.
August 03, 2021