OV8.SI - Sheng Siong Group Ltd

SES - SES Delayed Price. Currency in SGD
0.965
0.000 (0.000%)
At close: 5:04PM SGT
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Previous close0.965
Open0.965
Bid0.960 x 0
Ask0.965 x 0
Day's range0.960 - 0.970
52-week range0.895 - 1.045
Volume1,760,000
Avg. volume1,649,635
Market cap1.45B
BetaN/A
PE ratio (TTM)22.44
EPS (TTM)0.043
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est1.02
  • Why Sheng Siong lowered its payouts
    Singapore Business Review3 months ago

    Why Sheng Siong lowered its payouts

    Sheng Siong Group could be preparing its war chest as it faces heightened competition from both brick-and-mortar supermarkets and e-commerce giants Amazon and RedMart. According to UOB Kay Hian analyst Nicholas Leow, this might very well be the reason why the supermarket giant has declared a dividend of 1.55 S-cents per share in the quarter. "We have lowered our payout assumption for 2017-19 from 90% to 70% to reflect the cut in dividends and consider this as a prudent move from the conservative Sheng Siong management to build up a bigger cash buffer in the face of heightened competition," the analyst noted.

  • SI Research: Sheng Siong Group – Supermarket Spending Continues To Grow
    Shares Investment5 months ago

    SI Research: Sheng Siong Group – Supermarket Spending Continues To Grow

    Amid a challenging economic outlook for 2017, Singaporeans could see tougher times ahead. In February 2017, Singapore’s Department of Statistics reported that families across all income groups saw their earnings rise at a slower growth rate for 2016, as compared to the previous year.

  • What's in store for Sheng Siong this year?
    Singapore Business Review6 months ago

    What's in store for Sheng Siong this year?

    After reporting a fairly resilient result for the past quarter, Sheng Siong is poised to brace for impact from its scheduled store closures. According to OCBC Investment Research, Sheng Siong would feel the impact from the closures of its sites in The Verge in June and Woodlands in August starting the third quarter of the current year. "Competition remains keen in the industry, whilst a handful of new stores are expected to be opened this year by Sheng Siong Group's peers," OCBC Investment Research said.