Sheng Siong

Is Sheng Siong well-stocked for the rest of the year? - THE EDGE SINGAPORE

Broker's Calls

Is Sheng Siong well-stocked for the rest of the year?

In its latest 1QFY2021 results ended March, Sheng Siong recorded a 7.5% y-o-y growth in earnings to $28.7 million, with earnings per share (EPS) coming in at 2.1 cents, 0.2 cents higher than last y

Continue to 'add' Sheng Siong as supermarket sales still in growth mode: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Continue to 'add' Sheng Siong as supermarket sales still in growth mode: CGS-CIMB

CGS-CIMB Research analyst Cezzanne See remains positive on Sheng Siong Group following healthy Singapore supermarket and hypermarket sales reported for the first two months of 2021.

Is there still room for growth for Sheng Siong? - THE EDGE SINGAPORE

Broker's Calls

Is there still room for growth for Sheng Siong?

Supermarket operator Sheng Siong recently posted a set of rather outstanding FY2020 results.

Sheng Siong posts 83.1% increase in FY2020 earnings to $138.7 mil - THE EDGE SINGAPORE

Results

Sheng Siong posts 83.1% increase in FY2020 earnings to $138.7 mil

Thanks to consumers panic buying groceries, lockdown measures and work-from-home measures, supermarket operator Sheng Siong saw a significant growth in its latest FY2020 results. 

Sheng Siong remains as RHB's preferred staple pick - THE EDGE SINGAPORE

Broker's Calls

Sheng Siong remains as RHB's preferred staple pick

RHB Group Research is reiterating its “buy” recommendation on supermarket operator Sheng Siong with an unchanged target price of $1.87.

Sheng Siong continues to be a household staple - THE EDGE SINGAPORE

Broker's Calls

Sheng Siong continues to be a household staple

Analysts are positive on supermarket operator Sheng Siong, as grocery demand has shown to be resilient despite the relaxing of social distancing measures, as many are still working from home.

RHB sets new benchmark for Dairy Farm as HK moves into a new 'normal' - THE EDGE SINGAPORE

Broker's Calls

RHB sets new benchmark for Dairy Farm as HK moves into a new 'normal'

RHB Group Research is keeping its “buy” recommendation on Dairy Farm with a target price of US$4.47 ($6.05).

UOBKayHian names a focus on stability and selected cyclicals as good investment strategies for 4Q2020 - THE EDGE SINGAPORE

Stocks To Watch

UOBKayHian names a focus on stability and selected cyclicals as good investment strategies for 4Q2020

UOBKayHian (UOBKH) is continuing to look at equities with a focus on high-quality companies that have a strong earnings outlook, re-opening plays, exposure to the Chinese market as well as selected

Results

Panic buying causes Sheng Siong's 2Q earnings to hit record high of $46.1 mil; declares 3.5 cents dividend

Since the Singapore government raised the DORSCON level to Orange in early February this year, panic buying spread across the nation and supermarket shelves were emptied faster than it could be rep

Broker's Calls

Stock up on Sheng Siong

SINGAPORE (May 29): RHB Group Research’s analyst Juliana Cai continues to rate Sheng Siong “buy” with a higher target price of $1.72 from $1.63 previously.

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