SGX Listed Stock

SHENG SIONG GROUP LTD (SGX:OV8)


SGD 1.070
-0.010 / -0.93%
Share Price as of: 2018-08-16 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 (OV8.SI) Blogger Articles OV8.SI Blogger Articles
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
Aspire
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.
Aspire
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
Aspire
Lim Si Jie
2018-07-10 15:06:33
2 Top Consumer Stocks To Own In This GSS, World Cup Season
Singapore’s retail sales index has been showing positive signs, particularly robust growth in consumer durables. According to RHB, higher expenditures in consumer durables suggest consumers are more confident in their outlook and are becoming more willing to spend. Retailers Refreshing Store Image To Attract Millennial Consumers Over the past three years, the intensifying competition from e-commerce and muted consumer spending have compelled retailers to revamp its physical brand image and embrace digital platforms. For example, the traditional brick-and-mortar grocer Sheng Siong Group (Sheng Siong) has been revamping its outlets to make them look “cooler” to attract the younger crowd. Meanwhile, Asia’s largest healthcare and beauty care chain store Watsons has also been incorporat
Aspire
Lim Si Jie
2018-07-06 12:11:27
Beat The Market With These Alpha Picks In July 2018 (Part 2)
Investors Takeaway: 4 Big-Name SG Stocks That MUST Be In Your Portfolio Keppel Corporation (Keppel Corp) According to CIMB, Keppel Corp has the potential to declare higher dividends on the back of stronger gains from its asset recycling, along with stronger recovery in offshore and marine (O&M) margins. With the OPEC striking a new deal on production output, higher oil prices should support the demand for rigs. This will eventually lead to more de-risking of its jack-up inventory, resulting in improvement in operating leverage. Apart from its offshore and marine business, CIMB notes that Keppel Corp is also a proxy to ride the property cycle in Singapore and emerging markets with its land bank of 61,000 homes. BUY, TP $10.00 Sheng Siong Group (Sheng Siong) Following a slowdown in
DollarsAndSense.sg
Lionel Loi
2018-06-28 17:09:23
Why Does Coca-Cola Light Cost More Than All The Other Coca-Cola Flavours?
Coca-Cola, or Coke, is one of the most popular drinks on the planet, enjoyed by people from all walks of life and nationalities. Warren Buffett, the world’s most famous investor, has been known to down five cans of Classic and Vanilla Coke a day. He even joked that he was “one-quarter Coke”, since Coke such a large part of his daily diet. Incidentally, his company Berkshire Hathaway is Coca-Cola’s largest shareholder, owning 9% of the company. United States President Donald Trump is a big fan of Diet Coke, reportedly downing up to 12 cans per day. Within the first 100 days of his Presidency, he even installed a red button on his Oval Office desk that summons a butler to serve him a glass of Diet Coke. Over the years, the Coca-Cola company added various flavours to th
Donovan Norfolk Ang's Market Analysis
Donovan Norfolk Ang
2018-06-26 13:05:41
Sheng Siong: 26 June 2018, Tuesday, 1.05pm Singapore Time
Sheng Siong:26 June 2018, Tuesday, 1.05pm Singapore Time(Click on Technical Chart above to Expand)Attached is the Technicals for Sheng Siong, a super-mart listed in the Singapore SGX. Sheng Siong's Technical Structure is as follows: Long Term Uptrend; Mid Term Uptrend; Short Term Bull Flag. The Dominant Order Flow and The Net Funds Flow for Sheng Siong continues to be bullish. The Volume Flow and the Technicals for Sheng Siong are bullish too. This means $1.09 will break out upwards. This will spur a $0.20 rally from the $1.09 resistance giving next target of $1.29 -- a more than 29% rally from here.The Donovan Norfolk Technical Rating:Very BullishDonovan Norfolk Ang
The Fifth Person
Ian Tai
2018-06-26 10:20:06
12 things to know about Sheng Siong Group before you invest (updated 2018)
How often do you walk past a solid investment that puts money into your pocket year after year? If you look around, you’d probably find many businesses that make their shareholders richer by the day. If you are struggling to find any, let me give you a hand. Ask yourself, ‘Where have you spent your money over the last 24 hours?’ I’m pretty sure these businesses are all around you and some of them are listed companies that will continue to deliver solid investment returns to shareholders. Which leads us to our next question, ‘Then why aren’t people capitalizing on them if these great investments are all around us?’ I believe the answer lies in whether we have a set of ‘trained eyes’ to spot them. Let me illustrate. Years ago, if you’d asked me about Sheng Siong, my reply
The Motley Fool Singapore
Lawrence Nga
2018-06-20 10:42:35
Sheng Siong Group Ltd’s Commendable Track Record Of Growth
Sheng Siong Group Ltd (SGX: OV8) is one of the largest supermarket chains in Singapore. The company’s network of 48 stores are primarily located in the heartlands of our island nation. The company was established in 1985 and listed in 2011. One of the things that I like to do when analysing a company is to study its track record. The past is no guarantee of the future. But historical information is the most reliable thing that we can use as our basis to forecast what lies ahead. And this brings me to the main purpose of this article, which is to have a quick overview of Sheng Siong’s historical business growth. A record of steady growth The table below is a snapshot of Sheng Siong’s important financial metrics from 2012 to 2017: Source: Sheng Siong’s annual reports Here are a few
The Motley Fool Singapore
Lawrence Nga
2018-06-19 10:54:52
What Investors Should Know About Sheng Siong Group Ltd’s Thoughts On E-commerce
Sheng Siong Group Ltd (SGX: OV8) is one of the largest supermarket chains in Singapore. The company’s network of 48 stores are primarily located in the heartlands of our island nation. The company was established in 1985 and listed in 2011. The company recently published its 2017 annual report. Given that reading an annual report is one of the best ways to keep up with a company’s developments, I decided to go through Sheng Siong’s latest annual report to understand the company’s prospects, and how it had performed in 2017. Generally, when reading an annual report, I will pay close attention to the letter to shareholders that the company’s chairman and/or CEO writes.  In this article, I want to discuss an area that I found interesting: Management’s thoughts on online grocery
The Motley Fool Singapore
Lawrence Nga
2018-06-18 11:34:45
What Investors Should Know About Sheng Siong Group Ltd’s 2018 Strategy And Outlook
Sheng Siong Group Ltd (SGX: OV8) is one of the largest supermarket chains in Singapore. The company’s network of 48 stores are primarily located in the heartlands of our island nation. The company was established in 1985 and listed in 2011. The company recently published its 2017 annual report. Given that reading an annual report is one of the best ways to keep up with a company’s developments, I decided to go through Sheng Siong’s latest annual report to understand the company’s prospects, and how it had performed in 2017. Generally, when reading an annual report, I will pay close attention to the letter to shareholders that the company’s chairman and/or CEO writes. In this article, I will discuss an area that I found interesting: management’s thoughts on the strategy and outl
T.U.B Investing
The Unique Bunch (T.U.B)
2018-06-17 21:30:01
How Do We Measure A "Moat"?
I believe many of you, similar to me, have your minds on World Cup and your portfolio have taken a back seat.After all, with the trade tariffs news (US and Europe, US and China, US and Canada), Fed rate hikes, and ECB to phase out QE at the end of the year, I have major doubts the share prices will rise back next week.STI have also fallen from 3,385.71, as of 26 Dec 2017, to 3,356.73 as of 15 Jun 2018. This is the first time in 6 months that STI have fallen below the 26 Dec 2017 level.In addition, we are also having the "sell in May and go away till November" effect and most probably the World Cup effect.So in order to sleep well, how should we invest?I always felt investing in fundamentally strong companies that is constantly able to generate good earnings will generally help retail inves
DollarsAndSense.sg
Chew Jing Xuan
2018-06-07 10:10:52
How Much Does Organic Food Cost? We Compare Across Different Online Supermarkets
With increasing affluence and active campaigning for Singaporeans to adopt a healthier diet by the Health Promotion Board, Singaporeans have become more conscious about their food choices and organic food is no longer the niche market it once was. In the past, organic foods were only carried by specialty mini-marts. Today, major supermarkets now carry a selection of organic products, with some even launching their own line of organic foods in line with increased demand for organic food. With the ubiquity of online grocery shopping, you might wonder if it is possible to enjoy the extensive selection of organic products online at competitive prices. To find out, we take a look at organic food selection and prices across the different online grocery platforms. Watch: How Easy Is It To
The Motley Fool Singapore
Jeremy Chia
2018-06-05 09:57:30
3 Trends That Show Sheng Siong Group Ltd’s Strong Growth Momentum
Sheng Siong Group Ltd (SGX:OV8) certainly needs little introduction. It operates 48 supermarkets and grocery stores islandwide, under its namesake brand – Sheng Siong, and is located close to most major housing districts. In this article, I want to see how the company has done in recent times in terms of revenue, profits and cash flow. Revenue trend Over the past four to five years, Sheng Siong has delivered consistent revenue growth through the opening of new stores and the improved performance of its existing stores. Below is a chart illustrating their revenue performance during that period. Source: SGX StockFacts During this time, the group managed to grow its revenue by a compounded growth rate of 3.5% to S$841 million over the last 12 months from S$726 million in 2014. Earnings
Aspire
Annie Lim
2018-05-30 16:42:22
Consumer Staple Stocks Are Making A Come Back
According to Warren Buffett, we should be buying stocks “within our circle of competence, that is the businesses that we do understand strongly. In that case, retail investors, like most consumers, are more likely to be familiar about the retail perspective. In this article, we take a look at something close to heart – the grocery sector. On the backdrop of stable growth, the outlook for the grocery sector looks positive given improving consumer sentiments. Despite the intense competition between the different supermarkets, competition has resulted in “improvements in product range, store-front displays, and self-checkout counters” according to RHB invest analysts. Overall we expect that the grocery sector will continue to improve and perform better. Sheng Siong Group Accor
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





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