|Bid||1.6400 x N/A|
|Ask||1.6500 x N/A|
|Day's range||1.6400 - 1.6500|
|52-week range||1.5200 - 1.8300|
|Beta (5Y monthly)||0.15|
|PE ratio (TTM)||18.33|
|Earnings date||28 Jul 2023 - 01 Aug 2023|
|Forward dividend & yield||0.06 (3.72%)|
|Ex-dividend date||05 May 2023|
|1y target est||1.92|
Despite a dip in 1Q results, UOBKH is keeping Sheng Siong a 'buy' on a healthy outlook.
The retailer is seeing a normalisation of demand with people travelling and eating out. The post <strong>Sheng Siong’s Gross Margin Continues to Climb: 5 Highlights from the Retailer’s Latest Earnings</strong> appeared first on The Smart Investor.
Despite the downgrade, the DBS analysts reaffirm their view that Sheng Siong is a "well-run quality business"
Sheng Siong may see some near-term drag but it's long-term potential remains. CGS-CIMB recommends to accumulate.
RHB likes Sheng Siong for defensive qualities, strong balance sheet, attractive dividends, store expansion, etc.
Sheng Siong continues to power on with a respectable set of earnings even as the retailer looks to open more stores in Singapore’s heartlands. The post <strong>Sheng Siong Pays Out a 2022 Dividend of S$0.0622: 5 Highlights from the Retailer’s Latest Earnings</strong> appeared first on The Smart Investor.
Sheng Siong remains a defensive play in analysts' books amid the high inflation environment.
Sheng Siong's FY2022 showed little growth amid the normalisation from the pandemic and current inflationary pressures.
Sheng Siong had shown sustainable growth in its gross margin over the years, proving its ability to pass rising costs.
Sheng Siong is expanding its footprint in China with a new outlet.
The retailer continues to post an encouraging set of numbers. The post Can Sheng Siong’s Share Price Hit a New High? Here are 3 Things You Need to Know appeared first on The Smart Investor.
The group’s 3QFY2022 results exceeded analysts' expectations, with a revenue and patmi at $333.5 million and $32.8 million
According to the group, the lower revenue was attributable to the relaxed Covid-19 measures.
Does the retailer have what it takes to continue growing its business? The post Can Supermarket Operator Sheng Siong Grow its Dividends and Share Price? appeared first on The Smart Investor.
The DBS team believes that Sheng Siong’s operations are likely to remain relatively stable on the back of surging inflation.
The brokerage has kept its “overweight” call on the Singapore consumer stocks sector.
The inflationary environment could lead Sheng Siong’s consumers to spend more cautiously prioritise more essential items