consumer sector

3 top consumer picks revealed as RHB expects sector to outperform ST Index in 2019
SINGAPORE (Jan 4): RHB Research is maintaining its “overweight” rating on the Singapore consumer sector, against the backdrop of a global economic slowdown and uncertainty arising from trade tension between the US and China. “We believe the consumer sector will outperform the [Straits Times Index], given its more defensive nature,” says analyst Juliana Cai in a Friday ...
Supermarket, e-commerce plays draw investor interest: CGS-CIMB
SINGAPORE (Sept 14): CGS-CIMB Research is keeping its “overweight” rating on the consumer sector, amid optimism that a better-than-expected GDP growth rate in 2018 could spur retail consumption. The brokerage hosted a Consumer Day on Sept 11, and says investors were largely positive on domestic supermarket plays and also expressed interest in learning about the key value propositions of ...
5 consumer stocks to count on in the new age of e-commerce
SINGAPORE (Dec 4): Phillip Capital is remaining “overweight” on Singapore’s consumer sector on expectations of a continued rebound in the city state’s economic conditions as well as improving consumer sentiment. In a Monday report, analyst Soh Lin Sin refutes the idea that Amazon will grab all market share from existing players, due to the nature of local consumers and the advantages ...
Could Singapore’s consumer sector see a pickup in investor sentiment?
SINGAPORE (June 13): OCBC Investment is maintaining its “neutral” rating on Singapore’s consumer sector given a lack of broad-based improvement for the retail scene, as well as the continued expansion and growth of e-commerce players. This comes even as local retail sales data for April registered slightly above consensus, with retail sales up 2.6% on-year on higher sales in ...
Consumer space still offers attractive growth
SINGAPORE (Feb 1): OCBC is keeping its “neutral” call for the consumer sector but reiterating its “buy” on supermarket operator Sheng Siong Group with a target price of $1.15, thanks to the company’s management strength and largely stable, cash-generative business. In a Wednesday report, lead analyst Jodie Foo says the year started off on a broadly positive note. The STI is up 5.8% ...
This consumer stock should remain steady in the face of stronger competition
SINGAPORE (Nov 30): OCBC Investment Research has declared Sheng Siong Group (SSG) as its latest and sole preferred “buy” pick at an estimated fair value of $1.15, while maintaining its “neutral” stance on Singapore’s consumer sector. In a Tuesday report, lead analyst Jodie Foo notes how the consumer sector saw a series of privatisations and acquisitions, which suggests that ...
Dissecting the GSS disappointment
SINGAPORE (Aug 24): RHB Research is maintaining its “overweight” rating on the consumer sector but remains “negative” on discretionary retailers on weak consumer sentiment, the failure of the Great Singapore Sales (GSS) to excite shoppers, as well as the rising popularity of online shopping. In a note on Wednesday, analyst Juliana Cai says she prefers stocks of F&B and grocery ...