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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
Broker's Calls
Sheng Siong remains as RHB's preferred staple pick
'Buy' Sheng Siong as consumers' grocery buying sentiment remains strong
January 20, 2021
Results
Dairy Farm posts 35% drop in 1H earnings to US$115 mil on pandemic-related restrictions
Dairy Farm's 1H earnings dropped 35% to US$115 million as its convenience stores and health and beauty businesses suffered from Covid-19 restrictions.
July 29, 2020
Broker's Calls
Sheng Siong remains RHB's 'top pick' on elevated demand and stellar earnings in 1Q20
RHB Group Research says Sheng Siong’s 1Q2020 results “significantly exceeded” its expectations.
April 29, 2020
Results
Sheng Siong posts 48.2% increase in 1Q earnings to $28.7 mil on elevated consumer demand
Sheng Siong sees 48.2% increase in 1Q earnings as 'panic buying' continues
April 28, 2020
Broker's Calls
Supermarkets are in; retail is out
Supermarkets carry all the must-have for this season
April 16, 2020
Covid-19
Crowds back at supermarts; food supplies continue
When the lockdown order was first announced in the evening of March 16, many Singaporeans again thronged supermarkets that very evening and the following day.
March 20, 2020
Broker's Calls
Intensifying competition, economic slowdown may drag on Sheng Siong's growth: Maybank KE
SINGAPORE (Mar 19): Maybank Kim Eng is starting coverage on Sheng Siong Group (SSG) at “sell” with a target price of 95 cents, which implies 19.5 times FY19F P/E – 1 S.D. below the stocks’ five-year mean.
March 19, 2019
Broker's Calls
Analysts remain positive on Sheng Siong despite drop in 3Q earnings
SINGAPORE (Nov 1): Sheng Siong recently announced that its 3Q18 earnings have dropped by 9.4% to $17.8 million, compared to $19.7 million in 3Q17.
November 01, 2018
Results
Sheng Siong posts 6.3% rise in 2Q earnings to $17.2 mil on higher sales
SINGAPORE (July 30): Sheng Siong reported 2Q18 earnings increased 6.3% to $17.2 million from $16.1 million in 2Q17.
July 30, 2018