SGX Listed Stock

SHENG SIONG GROUP LTD (SGX:OV8)


SGD 0.990
0.000 / 0.00%
Share Price as of: 2018-05-25 14:59
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 (OV8.SI) Blogger Articles OV8.SI Blogger Articles
Aspire
Lim Si Jie
2018-05-15 10:17:21
Sell In May And Go Away?
The general consensus in the market is to ‘Sell In May And Go Away’. While DBS does not think that the stock market is going down in 2018 (having just raised its year-end estimate of STI to 3,850), DBS thinks that the near-term performance of the Singapore market might take a slight dip. With the World Cup coming up in a month’s time, it could be a time for investors to look for a break in the month of May. Historically, the Straits Times Index fell by an average of 8.6 percent during the past six tournaments as trading activity starts to slow in May. Based on past statistics, the best market re-entry time is in the beginning of July, if history repeats. Investors Takeaway: 3 Stock Strategies To Recalibrate Your Portfolio Ahead Of FIFA World Cup Mid-To-Late-Cycle Plays As Singapo
The Motley Fool Singapore
Lawrence Nga
2018-05-10 10:39:56
Here Are 2 Companies That Recently Announced Growth In Their Latest Earnings Updates
We’re in the midst of the earnings season. As is common with every earnings season, there will be some companies posting growth, some posting mixed numbers, and some experiencing declines. Let’s take a look at two companies that delivered growth recently: 1. In late April, Sheng Siong Group Ltd (SGX: OV8) released its 2018 first quarter earnings update. As a quick introduction, Sheng Siong is one of the largest supermarket chains in Singapore with 48 stores located primarily in the heartlands of the island. The company also has one supermarket in China. In the first quarter of 2018, Sheng Siong experienced a 5.1% year-on-year increase in revenue to S$228.3 million. Similarly, its gross profit improved by 10.0% to S$59.8 million due to higher revenue and higher gross margin. Consequentl
The Motley Fool Singapore
Lawrence Nga
2018-04-30 19:53:15
10 Quick Things That Investors Should Know About Sheng Siong Group Ltd’s Latest Result
Last week, Sheng Siong Group Ltd (SGX: OV8) announced its 2018 first quarter (1Q FY18) earnings update. As a quick introduction, Sheng Siong is one of the largest supermarket chains in Singapore. The company’s network of 48 stores are primarily located at the heartlands of the island. The company was established in 1985 and listed in 2011. Here, we will look at 10 things that investors should know from its latest earnings update: Sales revenue for the quarter improved 5.1% year-on-year to S$ 228.3 million. Gross profit improved 10.0% year-on-year to S$ 59.8 million. Quarterly net profit grew 6.6% year-on-year to S$18.3million. Similarly, 1Q FY18 earnings per share (EPS) was up by 6.1% year-on-year to 1.22 cents. Gross margin % for the 1Q FY18 was 26.2%, 1% higher than that in 1Q FY17. H
Aspire
Lim Si Jie
2018-04-30 14:19:28
6 SG Stocks To Hedge Against US-China Trade War
The impact of a US-China trade war will be prominent, especially for a small and open economy like Singapore. Singapore’s electronics industry would be the greatest loser if the trade tariffs discussed by China and the USA get implemented. However, RHB believes that various other sectors have been negatively impacted by the uncertainties in the global economic environment. In particular, the consumer and real estate sectors in Singapore should still be buoyant even if a full-blown US-China trade war sparks off. If you are looking for a portfolio that hedges against any US-China trade tantrums, RHB recommends investing in Singapore companies with clear visibility of earnings growth and potential to deliver steady cashflow. Investors Takeaway: Hedging Against US-China Trade War With These
Sharing is Caring
Alan Luo
2018-04-30 09:32:50
SG Market (30 Apr 18)
MARKET OVERVIEW- The market is likely to head higher following the dramatic easing of geopolitical tensions in Korea, 10Y US Treasury yield dipping back below 3% as well as solid 1Q18 earnings from DBS, the first of the three banks to report results.- Technically, - Technically, the STI could attempt re-test the last high of 3,610. Downside support is at 3,510. CORPORATE RESULTS*DBS Group- 1Q18 net profit surge 26% to a quarterly record of $1.52b, clearly beating estimates on broad-based growth in loans and non-interest income. - Net interest income rose 16% to $2.13b as loans grew 10% (+16% in constant currency terms) on stronger property and consumer loans.- Net interest margin widened to 1.83% (+9bps) on higher SGD, USD and HKD interest rates- Non-interest income climbed 17% to $1.23b f
Aspire
Lim Si Jie
2018-04-27 12:00:44
Shopping For A Good ASEAN Grocery Retailer
DBS is bullish on Singapore and Thailand grocery retail market for the overall outlook on the macroeconomy. With 11 new supermarket properties lined up for bidding, DBS expects Singapore grocery retailers to experience growth. For Thailand, grocery retailers will be supported by the positive macro fundamentals and broad-based recovery in public investment. For investors looking to shop for a good ASEAN grocery retailer to add into your portfolio, DBS recommends adopting a top-down stock pick strategy. DBS notes that Thailand and Singapore offer the best macro environment for grocery stocks to deliver earnings growth. Investors Takeaway: 4 Top ASEAN Grocery Retailer Based On DBS’ Top Down Strategy Dairy Farm International Dairy Farm International’s management is committed to improvin
Singapore Stock Trading Insights | Joey Choy
Trading Impossible | Joey Choy
2018-04-13 10:04:55
Sheng Siong: 1st target hit..... next phase up? Price 1.00
Have seen some nice price actions over the past few days with Sheng Siong breaking past the 0.97 level…Have been consolidating below this level since July last year and finally some actions caught….Some upside targets were drawn too recently where indicators were also starting to turn up…1st target was at 1.00 and another one higher… see what I mean… Today, seems like we have indeed seen a further push up with 1st target at 1.00 hit…Seeing some selling pressure for now which is normal….Can we see the next upside phase from here…. To probably 1.04 – 1.05 next as drawn..?Watching….  Quite a fair bit of sellers stacked at 1.00 for now…. That needs to get out of the way first on some bullish price actions....We also had something NICE on the SYSTEM recently...
Aspire
Annie Lim
2018-04-11 16:21:34
Alpha Stock Picks For April
Time flies, and we are already in April! And as we enter into a new month, it is also time to update ourselves with the Alpha Picks of the month selected by UOB Kay Hian. March was not a great month for the STI as it slipped 2.6 percent month on month due to rising concerns of a trade war and also due to the rising interest rates environment. However, there’s some good news for investors as most of the Alpha Picks selected did better than the STI in March. Going into April, UOB Kay Hian is focusing on the “defensives”, adding Sheng Siong into their basket with expectations of stronger growth in 2018. Singtel is also another one of their “Buy” stocks due to the geographical diversification of their business which reduces volatility.   Here is a closer look at the various Alpha S
The Motley Fool Singapore
Lawrence Nga
2018-04-11 10:05:25
2 Reasons To Dislike Sheng Siong Group Ltd From The Perspective Of A Growth Investor
Growth investors are investors who aim to invest in companies that are able to grow their businesses at high rates in the future. In a previous article, I had pointed out reasons why growth investors may find local supermarket operator Sheng Siong Group Ltd (SGX: OV8) an interesting candidate for further research. But, the company also has negative traits that investors should be aware of; in this article, I want to discuss two such traits. A high valuation Ideally as investors, we should always buy a stock at less than its actual economic value. One way to gauge whether Sheng Siong has a high, fair, or low valuation is to compare its price-to-earnings (PE) ratio to the market. I will be using the SPDR STI ETF (SGX: ES3) as a proxy for the market, since the SPDR STI ETF is an exchange
The Motley Fool Singapore
Lawrence Nga
2018-04-10 10:21:55
2 Reasons To Like Sheng Siong Group Ltd From The Perspective Of A Growth Investor
Growth investors are investors who aim to invest in companies that are able to grow their businesses at high rates in the future. In this article, I will like to point out two reasons why growth investors may find local supermarket operator Sheng Siong Group Ltd (SGX: OV8) an interesting candidate for further research. Historical growth rates Growth investors tend to be interested in companies that possess a good historical track record of growth, and the potential to continue posting a high growth rate in the future. In the case of Sheng Siong, it has demonstrated a positive track record. From 2013 to 2017, its revenue has increased by 4.8% annually from S$687.4 million to S$829.9 million. The company’s top-line did not grow at a particularly fast rate, but its bottom-line did much
DollarsAndSense.sg
Timothy Ho
2018-03-22 16:01:55
5 Types Of Co-Branded Credit Cards In Singapore
Credit cards have become increasingly popular in Singapore. In our push to transform our nation into a cashless society, credit card companies are finding ways to grow their market share, and to retain a place in our wallets. One way to get new customers to sign up and use their credit cards is to launch co-branded cards. What Are Co-Branded Credit Cards? Think of popular credit cards that you see in Singapore that include not just the name of the credit card companies which issued them, but also a popular retailer that you would frequently buy a product or service from. For example, one the most popular co-branded credit card in Singapore would be the American Express Singapore Airline KrisFlyer Card. As you can observe from the name of the card itself, the credit card is issued by Americ
The Motley Fool Singapore
Lawrence Nga
2018-03-06 13:55:38
These 2 Companies Recently Announced Growth In Their Quarterly Earnings
We’ve come to the tail-end of the earnings season. As is common with every earnings season, there will be some real companies posting growth, some posting mixed numbers, and some experiencing declines. So, which are the businesses that have recently shown growth? Let’s look at two of them. Sheng Siong Group Ltd (SGX: OV8) is the first company to be featured. As a quick introduction, Sheng Siong is one of the largest supermarket chains in Singapore. The company’s network of 47 stores are primarily located in the heartlands of the island. For the fourth quarter ended 31 December 2017, revenue was up by 1.7% year-on-year to S$200.3 million. Along with it, gross profit improved 6.3% year-on-year to S$55.1 million. With that, net profit improved 6.3% year-on-year to S$ 55.1 million. For
The Motley Fool Singapore
Lawrence Nga
2018-03-02 13:44:43
The Good And Bad That Investors Should Know About Sheng Siong Group Ltd’s Latest Results
Sheng Siong Group Ltd (SGX: OV8) is one of the largest supermarket chains in Singapore, with a network of 47 stores primarily located in the heartlands of the island. The company recently announced its 2017 fourth quarter (4Q2017) financial results. There are both positive and negative takeaways that investors may want to know about. But first, let’s run through the company’s numbers. The results Source: Sheng Siong’s 2017 fourth quarter earnings release Overall, Sheng Siong’s 4Q2017 and FY2017 results were better than the same period last year. The positives First of all, full-year revenue was up by 4.2% year-on-year, mainly due to opening of new stores and same store sales growth, partially offset by closure of stores. Secondly, full-year gross profit grew 6.2%
Aspire
Annie Lim
2018-02-28 16:29:43
More Feasting Ahead – 3 Food Stocks To Add To Your Portfolio
Chinese New Year is a great time for feasting as families gather once a year to catch up over some delicious food. However, the feasting does not stop with the end of the New Year celebrations as Singaporeans are well-known for their love for food. Take a look at three food-related companies that performed well this quarter, and investors may consider adding them to their portfolios. Wilmar International A commodities company, Wilmar International’s (Wilmar) performed within expectations in this quarter, with the tropical oils segment reporting greater sales volume that helped to mitigate the “lower sales volumes across all divisions”. Overall, higher net profit was reported due to the higher sakes from the oilseeds & grains manufacturing segment (OGM) and greater crushing ma
ccloh Strategic Investor Zone
ccloh
2018-02-27 22:09:59
Corporate Result -- Jan/Feb 2018
1.  SPH REIT  --  5th Jan 20182.  SPH  --  12th Jan 20183.  First Reit  --  17th Jan 20184.  Soilbuild REIT  --  17th Jan 20185.  Cache  --  18th Jan 20186.  SGX  --  19th Jan 20187.  Kep DC Reit  --  22nd Jan 20188.  Kep Inf Trust  --  22nd Jan 20189.  FrasersCom Trust  --  22nd Jan 201810.  Mapletreelog Trust  --  22nd Jan 201811.  Kep Reit  --  23rd Jan 201812.  MapetreeInd Trust  --  23rd Jan 201813.  M1  --  23rd Jan 201814.  FrasersCT  --  23rd Jan 201815.  CapitaMall Trust  --  24th Jan 201816.  MapletreeCom Trust  --  24th Jan 201817.  Kep T
The Motley Fool Singapore
Lawrence Nga
2018-02-27 14:05:33
These 3 Companies Are Trading Close To Their Respective 52-Week Low Prices
I’m a value investor. So, I like to search for companies that are trading at good value. A list of stocks that are near their respective 52-week lows is a good place to start my search for a good reason. These are the stocks that are either neglected or beaten down by investors. And, some of these stocks can be bargains in relation to their actual economic worth because market participants can at times react too negatively to certain companies that have sound long-term prospects but have experienced some short-term stumbles. As such, I will screen for stocks that are trading near 52-week lows frequently. There are many stocks that pop up on my screen each time I run it. So, what are the companies that have shown up on this week’s list? Here are three of them: Source: SGX’s we
The Motley Fool Singapore
Lawrence Nga
2018-02-26 09:50:56
10 Quick Things Investors Should Know From Sheng Siong Group Ltd’s Latest Earnings
Last week, Sheng Siong Group Ltd (SGX: OV8) announced its 2017 fourth-quarter earnings. As a quick introduction, Sheng Siong is one of the largest supermarket chains in Singapore. The company’s network of 47 stores are primarily located at the heartlands of the island. Here, I will look at 10 things that investors should know from its latest earnings update: 1. Quarterly sales revenue improved 1.7% year-on-year to S$200.3 million. Full-year revenue grew 2% year-on-year to S$829.9 million. 2. Gross profit for the quarter rose 6.3% year-on-year to S$55.1 million. Full-year operating profit was up by 6.2% to S$217.4 million. 3. Quarterly net profit grew 8.1% year-on-year to S$16.7 million. Full-year net profit was up by 10.9% to S$69.5 million. 4. Earnings per share (EPS) for the quarter 





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