SGX Listed Stock


SGD 1.050
0.000 / 0.00%
Share Price as of: 2018-10-22 17:06
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 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
Compounding Wealth Through Sensible Investing
Chun Siang (Jacky)
2018-10-05 16:27:24
5 Things To Know About Phillip SING Income ETF
There is a new kid on the block for the local ETF scene - the Phillip SING Income ETF (Phillip SING). Hot from the oven, it was launched by Phillip Capital on 1 Oct Monday.I will share some pertinent points worth noting about this ETF, to aid you in your decision whether to subscribe for it.The indexPhillip SING tracks the Morningstar Singapore Yield Focus Index (The Index) that comprises a basket of stocks selected using Morningstar's proprietary quality income strategy and factors. The 30 stocks were identified based on a composite score derived from following factors:Quality - quantitative moat scoreFinancial Health - distance to default scoreDividend - trailing 12 month dividend yieldI attended an insider briefing for Phillip in-house remisiers and learnt that since 2005, The Index has
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
Singapore Stock Trading Insights | Joey Choy
Trading Impossible | Joey Choy
2018-08-30 09:58:18
Sheng Siong: Uptrend still intact? Forming a good support again... Price 1.18
Just last week, we have spotted some bullish actions with Sheng Siong attempting the move above the critical 1.10 level..Has been consolidating below for more than a year and finally some bullish actions spotted..The uptrend has also been quite firm with it trying to find a new high since June actually..Some upside targets were drawn then…Over the past week, we have seen it traded to a high of near 1.20, which is our 2nd target and some profit taking seen which is normalHowever, we have found some good support coming back at 1.15 again…Uptrend still looks ok above this… watching…. One of the few defensive counters in an uptrend….Want to get ideas like this in your inbox faster plus video training, vetted reports and Enjoy getting serviced by a Top Stock Broker team in Singapore
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
The Motley Fool Singapore
Sudhan P.
2018-07-31 14:34:37
Sheng Siong Group Ltd’s Latest Earnings: What Investors Should Know
Sheng Siong Group Ltd (SGX: OV8) is a homegrown supermarket chain with 50 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. This includes a wide assortment of live, fresh and chilled produce to general merchandise such as essential household products. The company recently expanded into China. Yesterday, Sheng Siong released its financial results for the second quarter ended 30 June 2018 (2Q2018). Revenue for the reporting period grew by 5.7% year-on-year to S$213.0 million, mainly due to contribution from new stores and comparable same-store sales. The following shows the breakdown of revenue growth in 2Q2018, as compared to 1Q2018 and 2Q2017:Source: Sheng Siong Group Ltd
Lim Si Jie
2018-07-30 14:39:11
7 Stocks To Rotate Into In An Uncertain 2H18 (Part 2)
Following the first part of our two-part series on “7 Stocks To Rotate Into In An Uncertain 2H18”, we continue to highlight five other stocks that DBS has identified as the go-to defensive play for an uncertain 2H18. 5 Defensive Stocks You Should Own Amidst The Volatility Sheng Siong Group Sheng Siong Group (Sheng Siong)’s expansion of its distribution centre will continue to bring margin improvements to the company and drive growth. DBS notes that the expansion will help to sustain its gross margins moving forward. The increase in direct sourcing, bulk handling, and fresh mix is also supporting margins and contributing to earnings growth. Sheng Siong is currently trading attractively at 21.9 times forward-FY18 earnings, compared to its historical average of 23 times. BUY, TP $1.
Lim Si Jie
2018-07-27 12:57:56
Why You Should Be Investing In Singapore
As we enter 2H18, investors are now busy pruning their portfolio and re-allocating their cash into different markets. If you are one of them and looking for ideas on how you should re-allocate your portfolio, DBS thinks that Singapore should be one of the markets that you should overweight in your portfolio. Here are three reasons why DBS thinks you should take an overweight position on the Singapore market. 3 Reasons Why You Should Take An Overweight Position On The Singapore Market Singapore’s Economic Transformation Underway To Make Singapore More Attractive For Investments Singapore’s economy is historically heavy on exports. However, the Singapore government is working on an economic transformation to steer Singapore towards a more broad-based economy with the services sector to
The Motley Fool Singapore
Sudhan P.
2018-07-25 11:45:29
3 Small-Cap Consumer Stocks with the Highest Dividend Yields
Recently, the Singapore Exchange released a report highlighting the best-performing small-cap consumer stocks. These companies have a market capitalisation of between S$100 million and slightly above S$2 billion. Year-to-date, the top five performers among the 50 small-cap consumer stocks were Japfa Ltd (SGX: UD2), BreadTalk Group Limited (SGX: CTN), JB Foods Ltd (SGX: BEW), Sheng Siong Group Ltd (SGX: OV8), and Cortina Holdings Limited (SGX: C41). Their total returns (includes capital gains and dividends) were 33.7%, 31.4%, 27.8%, 19.9% and 18.6%, respectively. What also caught my eye was that the top 10 best-performing small-cap consumer stocks have an average dividend yield of 3.6%. The yield is better than the stock market’s in general. With that, let’s look at the top three stock
The Motley Fool Singapore
Sudhan P.
2018-07-16 11:15:12
Grocery Shopping at Dairy Farm International Holdings Ltd and Sheng Siong Group Ltd
Almost weekly, many of us make a trip to the nearby supermarket to get our necessities for the week or the week after. During those trips, we most likely would be thinking about the things we need to stock up on. How often, though, do we stop and think if the supermarket we visit is a viable business that we might want to own stocks in? In Singapore, there are two supermarket companies listed on our stock exchange. Let’s take a quick dive into them to learn more about their businesses, their latest financial performances and what the future holds in store for them. Dairy Farm International Holdings Ltd (SGX: D01) Dairy Farm is a pan-Asian retail group with more than 7,000 outlets (including associates and joint ventures) across 11 Asian countries and territories. It operates supermarkets

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