SGX Listed Stock


SGD 1.080
-0.010 / -0.92%
Share Price as of: 2018-12-11 11:59
Market / ISIN Code: SGX Mainboard / SG2D54973185
GICS® Sector / Industry Group / Industry: Consumer Staples / Food & Staples Retailing / Food and Staples Retailing

Sheng Siong Blogger ArticlesSHENG SIONG GROUP LTD Blogger Articles SGX Listed SHENG SIONG GROUP LTD (SGX:OV8) Blogger Articles OV8.SI Blogger Articles
To make money. To build wealth. To preserve wealth.
2018-12-11 10:35:55
Rampant Sheng Siong share price on magical form
Crisis? What crisis? In a year in which numerous SGX blue chips retreated to multi-year lows, Sheng Siong share price defied gravity and went on a rampant bullish form. The surprise form of Sheng Siong share price confounded many critics, including myself. How did the management achieve such feat against the backdrop of market correction? Since IPO price of $0.33 in 2011, Sheng Siong share price had been surging in recent years and even smashed a record high of $1.18 in August 2018. The selling point for Sheng Siong is that it does not have any debts and the business model generates much cash flow. These drivers caused Sheng Siong share price to be immune to market uncertainties. Given the bullish form, should investors enter this counter or is it a value trap to avoid? In response to my p
Sim Kang Heong
2018-11-18 13:54:36
4 Stocks This Week (Billionaire Stocks) [16 November 2018] – Sri Trang; Best World; Top Glove; Japfa
The Singapore Exchange is home to nearly 100 stocks with market capitalisations of more than S$1 billion. These “billionaire stocks” are from a range of sectors and geographical concentrations, giving investors a wide range of investment opportunities. Contrary to common perception that larger capitalised stocks can only deliver modest growth, as compared to smaller caps, the top performing billionaire stocks on SGX have delivered enviable returns in 2018 year-to-date, despite market corrections and overall uncertainty and volatility. In fact, the top 10 best-performing billionaire stocks averaged a total return of 29% for 2018 year-to-date. These stocks are Sri Trang (48.2%), Best World (44.0%), Top Glove (42.9%), Japfa (41.7%), M1 (26.7%), Keppel T&T (21.2%), Sheng Siong (18.4%),
The Motley Fool Singapore
Sudhan P.
2018-11-14 16:04:49
3 Top Dividend-Yielding Billionaire Shares That Had Outstanding Total Returns
In a recent report by the Singapore Exchange, the 10 best-performing billionaire shares, which have market capitalisations of more than S$1 billion, were revealed. The 10 companies have a focus on providing goods and services to consumers. They have averaged a total return (which includes capital gains and dividends) of 29% for 2018 year-to-date. Of those 10 stocks, I picked the top three companies with the highest dividend yields, which have more than the average yield of 2.5% (data as of 9 November 2018). Company #1 The first company on the list with a dividend yield of 5.4% is M1 Ltd (SGX: B2F), one of the three major telcos in Singapore. Year-to-date, the company’s total return was 26.7%. Part of the share price growth was driven by news that Keppel Corporation Limited (SGX: BN4) and
Lim Si Jie
2018-11-13 15:02:55
2 Short-Term Strategies To Tactfully Adjust Your Investment Portfolio
The STI fell 7.3 percent in the month of October as trade war worries, rising interest rates and correction in the US stock market weighed on the local market. The underperformance was underlined by weaker performance from property and O&G stocks after new property measures were announced and amidst the oil price correction. DBS: STI To End Year On A Weaker Note Given the uncertainty over impact of the US-China trade war and rising interest rates environment, DBS foresees STI to end on a weaker note at the end of the year. DBS lowered its target for STI from 3,550 to 3,200. In particular, DBS is concerned that bank stocks could be a potential drag for the STI. However, the recent fall in market has created more attractive valuation levels. Going forward, DBS recommends investors to ado
Tay Hock Meng
2018-11-08 14:24:54
Hype Or Threat To Traditional Grocers?
For the past few weeks, the two largest supermarket operators, Sheng Siong Group (Sheng Siong) and Dairy Farm International (Dairy Farm) have reported less than stellar sets of financial results. Sheng Siong reported core 3Q18 net profit that increased by 1.5 percent to $17.7 million compared to a year ago, while revenue rose 8 percent to $227.9 million.  Despite a healthy growth in the top line, the bottom line was impacted by higher-than-expected administrative expenses which were 16.6 percent higher on due to higher store counts. For Dairy Farm, earnings results are released semi-annually. However, market talks have surfaced regarding the management’s contemplation over a bulk sale of its Giant stores. The market rumours arose when news of several Giant outlets were or due to shutter
The Motley Fool Singapore
Sudhan P.
2018-10-31 12:08:03
Sheng Siong Group Ltd’s 2018 Third-Quarter Earnings: Revenue Rises But Net Profit Tumbles
Sheng Siong Group Ltd (SGX: OV8) is a homegrown supermarket chain with 54 outlets located all over Singapore. Its outlets are primarily located in the heartlands of our country, providing customers with both “wet and dry” shopping options. Sheng Siong recently expanded into China as well. Yesterday, Sheng Siong announced its financial results for the third quarter ended 30 September 2018. Financial highlights Here are some of the key financials from the supermarket chain for the latest quarter: 1) Revenue increased by 8% year-on-year to S$227.9 million, mainly due to new store openings. Of the 8% increase, 10.6% was contributed by new stores, 0.2% was due to comparable same-store sales growth, 1.2% was attributed to the store in China and a negative 4.0% was due to the permanent closu
The Fifth Person
Adam Wong
2018-10-19 18:25:42
5 things to know before you invest in the Phillip SING Income ETF
A year ago, Phillip Capital Management, along with Lion Global Investors, launched the Lion-Phillip S-REIT ETF. The ETF aimed to give investors a way to invest in a diversified basket of Singapore REITs (S-REITs) which paid a steady stream of distributions. (At the moment, the average distribution yield for S-REITs is 6.8%.) The ETF was met with a largely positive response from the market – Lion Global Investors and Phillip Capital Management initially aimed to raise S$40-50 million but exceeded their target when the fund raised over S$100 million last October. Capitalizing on the Singapore market’s appetite for yield, Phillip Capital Management has now launched the Phillip SING Income ETF. The initial offer period for the ETF will close at 11:00 a.m. on 19 October 2018 before its list
The Motley Fool Singapore
Sudhan P.
2018-10-08 13:53:39
The Better Supermarket Dividend Share: Dairy Farm International Holdings Ltd or Sheng Siong Group Ltd?
Dairy Farm International Holdings Ltd (SGX: D01) and Sheng Siong Group Ltd (SG: OV8) are two players in Singapore’s supermarket space. Since both Dairy Farm and Sheng Siong pay dividends, which would be a better buy for income investors? Let’s find out by comparing the dividend yields, historical growth rates in dividends, and dividend payout ratios of the two companies. Dividend yield Dairy Farm shares closed at US$9.15 each on Friday, giving it a trailing dividend yield of 2.3%. Meanwhile, Sheng Siong shares last exchanged hands at S$1.13 apiece on Friday, translating to a trailing dividend yield of 3.1%. Looking at dividend yield alone, Sheng Siong appears to be the better dividend share. Dividend growth rate The dividend yield tells us what a company has paid in dividends
Don Low
2018-09-21 10:30:10
SI Research: 4 Reasons To Invest In Phillip SING Income ETF
Morningstar Dividend Yield Focus Tilt 30 Index has been renamed to Morningstar Singapore Yield Focus Index at the last minute. Our upcoming publication #597 will not reflect the updated name.   Retail investors often lament that setting up a diversified portfolio with a limited capital base often compromises returns. Indeed, the capital requirement for a diversified portfolio to generate meaningful returns can be substantial and particularly challenging for young investors and retirees who have minimal savings to invest. Yet, for this group of investors, investing in Exchange Traded Funds (ETF) seems like the most logical first step to circumvent this problem. The first ETF was created and introduced in Canada in 1990 offering the advantages of pooled investing and trading flexibility
Lim Si Jie
2018-09-14 13:13:42
Recalibrating Your Portfolio With A Top Down Strategy For 2H18
The consensus is becoming wary of weaker-than-expected GDP growth and slower EPS growth. RHB thinks that investors should readjust their portfolio to seek shelter in plays that will do well in a weaker economic environment. Using a top-down strategy, RHB identified two investment themes to help investors identify which stocks to look at. Investors Takeaway: 2 Top Down Investment Themes To Position For 2H18 Investment Theme 1: Riding On The Macro Trend Of Rising Interest Rates With an expectation of four rate hikes this year, RHB thinks that SIBOR will continue to be pushed higher by US Federal Funds Rate. This bodes well for Singapore banks and should drive net interest margins up in banks. Thus, RHB highlights banks as one of its top-down investment themes. UOB Prior to the cooling mea
The Motley Fool Singapore
Jeremy Chia
2018-09-14 11:52:03
3 Risks Investors Should Know About Sheng Siong Group Ltd Shares
Sheng Siong Group Ltd  (SGX: OV8) had an impressive start to 2018. Higher same store sales and the opening of four new supermarkets were key drivers of its revenue growth. However, as with any company, there are risks and potential pitfalls that lie ahead. Here are three potential pitfalls that could hamper Sheng Siong in the future. Possibility of market saturation in Singapore Singapore has a tiny market size and there is already stiff competition in the supermarket space. NTUC Fair Price and Dairy Farm International Holdings (SGX:D01) operate around 140 and 110 stores respectively. In addition, Singapore has 114 wet markets and hawker centres scattered all over the island. Sheng Siong currently has 48 stores in Singapore. With same store sales increasing in recent quarters, there seem
Lim Si Jie
2018-09-10 14:20:57
3 Defensive Stock Picks With Undemanding Valuation
Defensive stocks pertain to those companies whose operations are not subjected by cyclicality. Here are three defensive stock picks are value plays with undemanding valuation. Investors Takeaway: 3 Defensive Stock Picks With Undemanding Valuation Raffles Medical Group Raffles Medical Group announced that it will be launching Raffles Shield, a Medisave-approved Integrated Shield Plan (IP). The entry of Raffles Medical Group will make it the seventh IP provider to enter the industry, joining other providers such as AIA, Aviva, Income and Prudential. At its current share price, KGI believes that it is attractive to accumulate Raffles Medical Group as part of a defensive portfolio. KGI notes that Raffles Medical Group’s current valuation is undemanding with limited downside. Although star
The Motley Fool Singapore
Chin Hui Leong
2018-09-10 12:51:06
2 Defensive Stocks For a Market Engulfed in Trade Wars
The 10th anniversary of the Lehman Brothers collapse is just around the corner, and some investors may be feeling pessimistic. The US-China trade war has dominated headlines in 2018, and the Lion City has not been spared. The Straits Times Index (SGX: ^STI) has sunk over 14% from its April 2018 peak of 3,641 points to less than 3,120 today. As stocks in Singapore and Asia continue a broad sell-off, some sectors have become a beacon of resilience. The consumer staples sector is often cited as a defensive sector. Today, I would like to look at two Singapore companies, in particular, from the sector. 1. Old Chang Kee Ltd (SGX: 5ML) Old Chang Kee’s curry puffs, also known as Curry’O, needs no introduction to Singaporeans. Despite the wider market sell-off, the company’s sh
Lim Si Jie
2018-09-06 13:01:44
5 Stocks To Rotate Into During This Risk-Off Environment
As the earnings visibility for FY19 fades, CIMB thinks that investors should temper expectations. One recommended strategy is to load up some stocks with earnings certainty or which trade at deep discounts. In addition to a risk-off environment given the volatile macro outlook amid US-China trade tensions, CIMB thinks investors should also start preparing by tactically rotating into these yield stocks. Investors Takeaway: 5 Stocks To Rotate Into In This Risk-Off Environment Ascendas REIT With positive rental reversions of 10.5 percent in 1Q19 and contributions from new acquisitions and redevelopment activities, Ascendas REIT’s (AREIT) operating metrics have been improving. Meanwhile, AREIT has ventured into the UK with the purchase of 12 logistics properties and management has guided to
The Motley Fool Singapore
Jeremy Chia
2018-09-06 09:07:22
Sheng Siong Group Ltd Shares Have Gained 25% This Year, Here Are 5 Reasons Why You Should Be Bullish
Sheng Siong Group Ltd (SG:OV8) shares has risen 25% year-to-date, scoring an impressive gain for investors. The stock’s performance is pleasing, considering that the Straits Times Index (SGX: ^STI) is down around 6% this year. Despite the run-up in Sheng Siong’s shares, here are five reasons why I believe that the stock still has room to run. For the first three reasons, please click here. 4. Growth in China The group currently has one supermarket in China. Sales in that outlet have improved in the latest quarter and Sheng Siong is hoping that it can continue to grow its brand in China. Although there might be a unique set of challenges in the China market, there are certainly huge growth opportunities that if Sheng Siong can tap into, might result in the next chapter of growt
The Motley Fool Singapore
Jeremy Chia
2018-09-05 17:53:07
3 Reasons To Be Bullish On Sheng Siong Group Ltd
Sheng Siong Group Ltd (SG:OV8) shares has risen 25% year-to-date, making it one of the strong gainers for the year so far. The stock’s performance is impressive, considering that the Straits Times Index (SGX: ^STI) is down around 6% this year. Despite the run-up in Sheng Siong’s shares, here are three reasons why I believe that the stock still has room to run. 1. Increasing store count Sheng Siong Group has been consistently expanding its store network since its initial public offering (IPO) in 2010. Sheng Siong Group has increased its store count from 22 to 48 as of June 2018. The group opened four new stores within the first half of the year and continues to seek opportunities to expand its store count. It has also opened two new stores in July in Bukit Batok and Yishun. The
Lim Si Jie
2018-08-21 11:43:37
Playing It Safe In The Hungry Ghost Month
While the STI managed to close higher at the end of July, DBS foresees a gloomier outlook ahead in August and September. The focus of the market has now turned to corporate earnings in a period where trade war concerns continue to escalate despite prospects of US and China returning to restart trade negotiations. August: Historically A Month Of Underperformance Interestingly, statistics also point to a gloomy outlook for the STI. For the past ten years, STI has never ended the month of August on a positive note. STI fell month-on-month without fail in the last ten years. Given the trade war uncertainties, weak domestic driver post property measures, and a lack of positive catalysts, DBS expects the 10-year downward trend to continue this year. Investors Takeaway: Playing It Safe In The Hun
Lim Si Jie
2018-08-20 16:08:33
5 Growth Stocks To Buy And Hold
With a rising interest rate environment, the case for buying stocks is becoming less compelling. Despite a rising interest rate environment, MBKE thinks that there is still a small set of stocks that are worth buying and holding – growth stocks. Investors Takeaway: MBKE’s 5 Growth Stocks To Buy And Hold Singapore Post MBKE highlights SingPost as one of the best placed logistics companies in ASEAN that is poised to benefit from the rapid growth in e-commerce. The recent continued growth in international mail volume through its partnership with Alibaba is evidence of the rapid growth in ecommerce. Although SingPost has had its fair share of results disappointment lately, MBKE believes this is mainly due to the implementation of revised terminal dues. Its ability to ride on the gro
The Motley Fool Singapore
David Kuo
2018-08-15 10:44:00
Shopping For Growing Dividends In Supermarkets
I remember a time when grocery shopping was a burden. Some people might say that it still is. But it’s nothing compared to when I was a child. In those days, we went to a butcher for meats, a greengrocer for fruit and vegetables, and separate trips to different specialists for bread, rice, fish and other provisions. But supermarkets changed the way we shop. Everything has been brought under one roof. These days, we can even do our regular shop online. Supermarkets are everywhere. They are available on our phones too. We don’t even have to get up from our sofas to fill our pantries and refrigerators, if we can’t be bothered to. So, it is not surprising that food retailing is big business. Globally, the grocery sector was worth almost US$8 trillion in 2016. And it’s growing. It is es

Investment BloggerSG Investment BlogSG Invest BloggersBloggers Say

Your Say

Stock / REIT Search