SGX Listed Stock


SGD 1.160
0.000 / 0.00%
Share Price as of: 2019-08-23 17:16
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
The Motley Fool Singapore
Lawrence Nga
2019-08-24 13:46:34
Sheng Siong Group Ltd’s Share Price Outperformed the Straits Times Index in 2019. Here’s Why
Sheng Siong Group Ltd (SGX: OV8) is one of the largest supermarket chains in Singapore, with a network of 57 stores primarily located in the heartland of the island, as well as two stores in China. The company was established in 1985 and listed in 2011. Year to date, the company’s stock price was up by more than 10%. In the same period, the Straits Times Index (SGX: STI) grew by less than 2%. What does the company have to thank for its strong performance? Higher share price  Many things may cause a stock price to move. Generally, stock-price movement is driven by either business performance or investor’s sentiment. The former is related to how a business performs in a given period, looking at metrics like growth, margins, production, and others. Here, the ultimate driver
The Motley Fool Singapore
Sudhan P.
2019-08-23 17:38:10
Chart of the Week: Sarine Technologies Ltd’s Dividend Downtrend
Sarine Technologies Ltd (SGX: U77) is involved in the development and production of evaluation, planning, processing, and finishing systems used in the diamond industry. Over the past five years, Sarine’s shares have not done well at all. At its closing share price of S$0.245 for the week, it has tumbled some 92% since hitting S$3.00 in August 2014. Headwinds in the diamond industry have hit Sarine’s business hard. From 2014 to 2018, Sarine’s revenue fell 33%, gross profit tumbled 38%, and net profit plunged 72%. As a result, dividend per share has also plummeted, from 5.0 US cents per share in 2014 to 3.0 US cents per share in 2018. This is a far cry from its growing dividends from 2009 to 2013. The woes are continuing into 2019. For its second quarter of this year, Sar
The Motley Fool Singapore
Lawrence Nga
2019-08-19 10:41:55
2 Companies With Substantial Stocks Held By Management
An owner-operator (shareholders who are also management) is a highly debatable company structure, especially from the perspective of corporate governance. On one hand, such a structure allows insiders to benefit at the expense of minority shareholders due to their excessive power. Yet, such structures could help align the interest of the operator with minority shareholders, especially since the management’s wealth depends on the long-term success of the company. Personally, I pay significant attention to owner-operators since the “right” owner-operators can deliver great returns to shareholders. Here, the “right” ones are those that treat their minority shareholders as partners. Let’s look at two Singapore companies with owner-operator structures. Sheng
Growing your tree of prosperity
Christopher Ng Wai Chung
2019-08-15 13:30:35
When your Singapore Dream dies, what will you do ?
A man in his 40s experiences the coming of the Autumn of his life. His parents are getting old and his children still need his support. He also has to deal with a tougher working world as he has less energy to spend at work.My dad has just been discharged from hospital and my mum is struggling with post-hospital care-giving. For the past few days, I have been helping out to buy to medical equipment to make my mum and our helper's life easier. We bought a commode, a ripple bed, and expect the delivery of a back-rest next week. My parent's home has been turned into a make shift hospital. Delivery of adult diapers will now be a regular event at my household.Autumn is no longer a time of earning money aggressively. All the #YOLO and personal growth will suddenly take a back seat and you will b
The Motley Fool Singapore
Sudhan P.
2019-08-13 09:52:17
These 3 Companies Are Paying Dividends This Week
Tracking companies that are dishing out dividends can be a fantastic way to generate investment ideas. In the next few days, some companies are going ex-dividend. Let’s check out three of them. (Note: “Ex-dividend” means that you have to own the company’s shares before a particular date (the ex-dividend date) if you wish to receive its dividends.) Wednesday, 14 August 2019 On Wednesday, supermarket chain Sheng Siong Ltd (SGX: OV8) is pencilled in to go ex-dividend. The company is giving out 1.75 Singapore cents per share for its 2019 second-quarter. Sheng Siong’s revenue for the latest quarter grew 11.8% year-on-year to S$238.2 million, while net profit rose 7.6% to S$18.4 million. The revenue growth was mainly due to sales from new stores opened. At Sheng S
The Motley Fool Singapore
Sudhan P.
2019-08-07 08:37:46
Income Investors’ Alert: These 3 Companies Just Raised Dividends
Earnings season is here again. Many companies have already reported their earnings and have also announced higher dividend payouts. Let’s look at three companies that have raised their interim dividends. Oversea-Chinese Banking Corp Limited Oversea-Chinese Banking Corporation (SGX: 039) saw its total income for the second quarter ended 30 June 2019 increase by 6% year on year to S$2.62 billion, while net profit grew 1% to S$1.22 billion. The higher profitability was due to record earnings from its banking franchise, which more than offset lower income contributions from Great Eastern Holding Limited, OCBC’s insurance subsidiary. As a reflection of continued confidence in its business and to reward shareholders for their loyal support, OCBC increased its interim dividend b
The Motley Fool Singapore
Sudhan P.
2019-08-06 17:41:36
Sheng Siong Group’s 2019 Second-Quarter Earnings: Higher Dividend
Sheng Siong Group Ltd (SGX: OV8) is a Singapore-grown supermarket chain with 57 outlets mainly located in the heartlands of our country. It has also ventured into China by opening stores in Kunming. Recently, the company posted its financial results for the 2019 second-quarter. Let’s look at some highlights here. Growth in revenue and net profit Revenue for the latest quarter grew 11.8% year-on-year to S$238.2 million. Most of the growth (11.3%) was from new stores and the Chinese supermarkets contributed 0.8% of sales. Comparable same-store sales fell 0.3% though. Sheng Siong said that “cautious consumer sentiment, probably caused by the uncertain economic conditions both globally and locally” contributed to the lower same-store sales in the reporting quarter. Having sa
The Motley Fool Singapore
Royston Yang
2019-08-01 09:43:52
3 Different Methods Investors Can Use to Value Sheng Siong Group Ltd
Sheng Siong Group Ltd (SGX: OV8) is one of the largest supermarket chains in Singapore. The group runs 54 outlets across Singapore that are located primarily in the heartland and HDB areas of the island. The stores carry a wide assortment of live, fresh, and chilled produce as well as general merchandise such as toiletries and essential household products. I’ve written previously about Sheng Siong’s improving gross margins but cautioned about its operating and net margins. Investors also need to be comfortable with the group’s growth plans, as it faces stiff competition from the likes of NTUC FairPrice and Dairy Farm International Holdings Ltd (SGX: D01). With so many moving parts, investors may wonder how to value the group, and whether its shares are cheap or expensive
Don Low
2019-07-29 17:42:28
SI Research: 3 Stocks To Protect Against Recession Risk
According to latest official readings, the Singapore economy is “flirting” dangerously with recession. In 2Q19, Singapore’s gross domestic product (GDP) grew a meagre 0.1 percent, widely missing economists’ expectations of a 1.1 percent growth. Exacerbated by the US-China trade war, the local manufacturing sector dragged the broader economy, contracting by a wider 3.8 percent in the quarter. That said, over in the US, the Federal Reserve has been signalling a strengthening case for an interest rate cut at the end of this month. The undercurrent driving this is also none other than the ongoing trade war with China, which is beginning to materially impact on US economy as well. Given the two information, what can retail investors do to protect themselves against adverse shocks? We of
The Fifth Person
Ian Tai
2019-07-08 13:10:34
12 things to know about Sheng Siong before you invest (updated 2019)
Listed in 2011, Sheng Siong Group Limited is the owner and operator of one of the largest supermarket chains in Singapore. As of 7 July 2019, Sheng Siong is worth S$1.65 billion in market capitalisation. In this article, I’ll give a review of its latest results, long-term financial performance, and valuation ratios. Here are 12 things to know about Sheng Siong before you invest. 1. Group revenue has grown at a compound annual growth rate (CAGR) of 6.4% over the last eight years, from S$578.4 million in 2011 to S$890.9 million in 2018. Source: Sheng Siong Group annual reports Sales growth has come mainly from the opening of new stores, while same-store sales growth has remained positive every year since 2012, except for 2013. As at 31 December 2018, Sheng Siong has 54 stor
Lim Si Jie
2019-06-21 13:08:39
3 Consumption Plays Trading At Attractive Discount
In this article, we focus on consumption plays trading at an attractive valuation standpoint. According to RHB, the three stocks we are about to discussed are currently undervalued and presents a good investment opportunity. Investors Takeaway: 3 Consumption Plays Trading At Attractive Discount By RHB Jumbo Group Anyone who claims to be a Singaporean should be familiar with this Singapore brand: Jumbo Group (Jumbo). Jumbo is an F&B company that operates 20 restaurants and has six franchisee-operated restaurants. The group recently opened two new branches in Ion Orchard and Jewel Changi Airport and has plans to expand into more Jumbo Seafood outlet openings in Shanghai and Beijing. RHB notes that these store expansions should help contribute to both revenue and net profit. Following s

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