SGX: Sheng Siong (OV8)       SHENG SIONG GROUP LTD
Last Price Today's Change   Day's Range   Trading Volume
1.54   -0.02 (1.28%)  1.53 - 1.56  6,339


Avg Volume (4 weeks):0
Average Price Target: 1.83
Price Target Upside/Downside: +0.29


Date Subject
02-Nov-2020 Sheng Siong Group Ltd – Grocery Demand Remains Elevated
30-Oct-2020 Sheng Siong Group - Continues to Show Resilience
30-Oct-2020 Sheng Siong - Possibilities With Huge Cash Pile; BUY
03-Aug-2020 Sheng Siong - An Exceptional 2Q20; Maintain BUY
03-Aug-2020 Sheng Siong Group - 2Q20 Expect COVID-19 Tailwinds to Persist; Upgrade to BUY
03-Aug-2020 Sheng Siong Group Ltd – Searching for Normalised Earnings
30-Jul-2020 Sheng Siong Group - Record Quarter Thanks to Circuit Breaker
29-May-2020 Sheng Siong - as Safe as Houses; Maintain BUY
18-May-2020 Sheng Siong Group - Still Positive on Demand Post Circuit Breaker
30-Apr-2020 Sheng Siong Group Ltd – Stellar Quarter Should Continue
29-Apr-2020 Sheng Siong Group - Staying Home, Eating at Home; Reiterate BUY
29-Apr-2020 Sheng Siong Group - COVID-19 Demand Comes Through
15-Apr-2020 Sheng Siong Group - Sparked by Circuit Breaker
09-Apr-2020 Sheng Siong Group - Circuit Breaker to Keep Sales Resilient; Keep BUY
07-Apr-2020 2020 Solidarity Budget - Providing Additional Financial Support
18-Mar-2020 Sheng Siong Group - Impact From Malaysia’s Movement Control Order
24-Feb-2020 Sheng Siong Group Ltd – Visible Growth in 2020
21-Feb-2020 Sheng Siong Group - Beneficiary of Budget 2020
21-Feb-2020 Phillip Capital Morning Note - 21 Feb 2020
13-Jan-2020 Sheng Siong Group - Expanding Network of Outlets

Business Background

Sheng Siong Group Ltd., an investment holding company, operates supermarkets in Singapore. The company’s stores offer an assortment of live, fresh, and chilled produce, such as seafood, meat, and vegetables; and packaged, processed, frozen, and/or preserved food products, as well as general merchandise, including toiletries and essential household products. It is also involved in general trading, and wholesale import and export businesses. The company operates approximately 43 supermarkets/grocery stores under the Sheng Siong brand name. Sheng Siong Group Ltd. was founded in 1985 and is headquartered in Singapore.

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queenfit any idea why drop so much today?
04/09/2014 1:41 PM
0549617 right issue
04/09/2014 4:24 PM
0549617 Sheng Siong Group is proposing to place out 120 million shares at 67 cents each.

The placement price represents a discount of 5.37% to the volume weighted average price of $0.708 for trades done on the SGX on Sep 3.

The placement shares represent 7.98% of the enlarged issued share capital of 1.5 billion shares after the issuance and allotment of the new shares.

The placement will allow the company to raise gross proceeds of $80.4 million.

The group intends to use 98% to 99% of the gross proceeds will be used to finance the future expansion plans of the group in Singapore which includes the acquisition of properties for new retail outlets.

Sheng Siong says it intends to continue to distribute up to 90% of its net profit after tax to its shareholders for the financial years ending 31 December 2015 and 31 December 2016 as dividends.
04/09/2014 4:27 PM
queenfit its proposal only.. can drop to 67 cents. No meaning to the right issue then?
04/09/2014 5:04 PM
calvintaneng Shengsiong is good
07/10/2018 5:10 PM
calvintaneng Singpost is better
07/10/2018 5:10 PM

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