SINGAPORE (Oct 8): Dairy Farm will find it difficult to show decent improvement in its food division margins in 2H18 given flattish growth in the supermarket industry, rising rental rates in Hong Kong as well as store closures in Singapore, according to  RHB Research. An unofficial Facebook post su...

2 hours 9 min agoSINGAPORE — The Agri-Food & Veterinary Authority of Singapore (AVA) has issued a

WE initiate coverage on Sheng Siong Group Ltd (SSG) with a "buy" and discounted cash flow-based target price of S$1.24, implying a FY18 forecasted price/earnings ratio of 25.1 times.

SINGAPORE (Sept 14): CGS-CIMB Research is keeping its “overweight” rating on the consumer sector, amid optimism that a better-than-expected GDP growth rate in 2018 could spur retail consumption. The brokerage hosted a Consumer Day on Sept 11, and says investors were largely positive on domestic ...

Submitted By:  Danielle Isaac Case Study:  No But it continues to grow its store count with eight more openings by end-FY2018. Amidst a growing pipeline of store te...

Submitted By:  Danielle Isaac Case Study:  No And 2 adjoining conservation shophouses in Amoy Street are being offered for $50m. From eFinancialCareers: DBS current...

EVEN amid the threat of e-commerce and economic uncertainties, Sheng Siong remains a popular pick among consumer stocks, thanks largely to its growing footprint and strong balance sheet.

Submitted By:  Luz Wendy Noble Case Study:  No They offer various food and offering packages compared to their rivals. Sheng Siong’s ability could capture mos...

Submitted By:  Luz Wendy Noble Case Study:  No Its total store size grew to 477,620 sq ft from 404,000 sq ft in 2017. Sheng Siong’s newly opened stores in Woo...

SINGAPORE (Aug 20): RHB Research is highlighting Sheng Siong Group (SSG) as its top consumer cyclical “buy” pick with a higher target price of $1.30 compared to $1.27 previously, upon raising 2019-2020F earnings by 2-3% on larger-than-expected retail space. This comes after the group announced t...

Sheng Siong is our top pick in the Singapore consumer sector. We reiterate our "buy" call with a higher target price of S$1.30 from S$1.27 previously, implying a 19 per cent upside.

Submitted By:  Staff Reporter Case Study:  No The group is expected to open two more stores within this year. Sheng Siong Group (SSG) opened two new stores, bringin...

BROKER RHB reiterated its "buy" call on Sheng Siong and raised its target price (TP) to S$1.30, up from S$1.27 previously, citing new store wins and greater potential for growth. The new TP represents a 19 per cent upside from the counter's last closing price. 

Submitted By:  Luz Wendy Noble Case Study:  No Its store network and logistics chain could attract those who are taking the online-to-offline route. Sheng Sion...

SINGAPORE (July 31): DBS Group Research is maintaining its “buy” call on Sheng Siong Group (SSG) with a higher target price of $1.26, implying 25 times FY19F earnings. The valuation is pegged at +1 standard deviation (SD) point of SSG’s historical mean valuation since listing, and below region...

SINGAPORE (July 30): Sheng Siong reported 2Q18 earnings increased 6.3% to $17.2 million from $16.1 million in 2Q17. This brings 1H18 earnings to $35.4 million, 6.5% higher than $33.3 million in 1H17. Revenue during the quarter increased by 5.7% to $213.0 million from $201.5 million a year ago, mainl...

Submitted By:  Danielle Isaac Case Study:  No It opened 2 new stores in Bukit Batok and Yishun. Sheng Siong’s profits for the first half of 2018 jumped by 6.3...

THE following companies saw new developments that may affect trading of their shares on Tuesday:

SUPERMARKET chain Sheng Siong Group's net profit grew 6.4 per cent to S$17.1 million for the second quarter ended June 30, up from S$16.1 million in the year-ago period, the group announced on Monday evening after the market closed.

SUPERMARKET chain Sheng Siong Group's net profit grew 6.4 per cent to S$17.1 million for the second quarter ended June 30, up from S$16.1 million in the year-ago period, the group announced on Monday evening after the market closed.