Sheng Siong Group - Sweet Spot | I3investor

Blogs Headlines

Singapore Stock Market News

Sheng Siong Group - Sweet Spot

StockFanatic

Publish date: Mon, 27 Jul 2015, 12:07 PM

■ Initiate with BUY & SGD1.07 TP, at 26x FY16 P/E. Secular growth & re-rating potential. Beneficiary of maturing population. Store & margin expansion to underpin 9-13% EPS in FY15-17.

■ Lowest-priced supermarket for the masses but widest margins. Defensive; earnings are resilient in downturn.

■ SGD132m in cash (10% of market cap), yet FY16E ROE is 25%.

Sheng Siong (OV8)

Related Stocks

Market Buzz

More articles on Singapore Stock Market News

Market Commentary: Record highs on trade, vaccine developments

Created by StockFanatic | Aug 26, 2020

Market Commentary: Record highs on trade, vaccine developments

Created by StockFanatic | Aug 26, 2020

Market Commentary: Data help US market end week on a high note

Created by StockFanatic | Aug 24, 2020

Market Commentary: Data help US market end week on a high note

Created by StockFanatic | Aug 24, 2020

Market Commentary: And they are back, with S&P within inches of record high close

Created by StockFanatic | Aug 13, 2020

Market Commentary: And they are back, with S&P within inches of record high close

Created by StockFanatic | Aug 13, 2020

Market Commentary: Winning streak snaps

Created by StockFanatic | Aug 12, 2020

Market Commentary: Winning streak snaps

Created by StockFanatic | Aug 12, 2020

Market Commentary: US negotiations over stimulus continue amid diplomatic tensions

Created by StockFanatic | Aug 11, 2020

Market Commentary: US negotiations over stimulus continue amid diplomatic tensions

Created by StockFanatic | Aug 11, 2020

Discussions

Be the first to like this. Showing 0 of 0 comments

Post a Comment

Featured Posts

MQ Chat

New Update. Discover investment communities that resonate with your ideas

VCPlus

Trade Confidently & Analyze Charts Conveniently - Download VCPlus IOS & Android App Now!

Latest Videos

New IPO: A fertilizer formulating and blending company, Cropmate Berhad aims to list on the ACE Market!

0:17

New IPO: A fertilizer formulating and blending company, Cropmate Berhad aims to list on the ACE Market!

MQ Trader 614 views | 3 d ago

New IPO: Supreme Consolidated Resources Berhad, a distributor and warehouser of F&B products, aims to list on the ACE Market!

0:17

New IPO: Supreme Consolidated Resources Berhad, a distributor and warehouser of F&B products, aims to list on the ACE Market!

MQ Trader 1223 views | 18 d ago

M & A Value Partners IPO Equity Fund

0:43

M & A Value Partners IPO Equity Fund

MQ Trader 10728 views | 4 mo ago

MQ Market Updates - 22 November 2024

0:15

MQ Market Updates - 22 November 2024

MQ Trader 242 views | 2 d ago

MQ Market Updates - 21 November 2024

0:16

MQ Market Updates - 21 November 2024

MQ Trader 332 views | 3 d ago

Apps

Send individual or group chats with anyone on i3investor

Earn MQ Points while trading with MQ Trader

MQ Affiliate

Earn side income from Affiliate Program

Online learning and teaching marketplace

Top Articles

1

SGX Market Updates

US Magnificent Seven Stock DLCs Introduced for Asian Market Hours

2

SGX Market Updates

Recent Driving Forces in the Technology Sector

3

RHB Investment Research Reports

Singapore Exchange - Raising Earnings Estimates

4

RHB Investment Research Reports

Frencken Group - Semiconductor Sector Recovery Still in Play; BUY

5

RHB Investment Research Reports

Banks - Capital Management To Drive Total Returns; Now O/W

Hot Stocks Today >

1

1000

2

DBS Group Holdings Ltd

313

3

Oversea-Chinese Banking Corporation Ltd

270

4

Singapore Airlines Ltd

241

5

CapLand Ascendas REIT

Ascendas Real Estate Investment Trust

235

6

United Overseas Bank Ltd

235

7

CapLand IntCom T

233

8

Mapletree Ind Tr

Mapletree Industrial Trust

231

9

Mapletree Log Tr

Mapletree Logistics Trust

228

10

Keppel DC Reit

Keppel DC REIT

221

Daily Stocks

HSI 21800MBeCW250127

0.046

-0.004

70,808,600

HSI 20800MBeCW250127

0.071

-0.002

48,540,000

Eneco Energy

0.011

-0.001

47,496,000

HSI 21400MBeCW241230

0.029

-0.003

39,434,000

YZJ Shipbldg SGD

2.65

-0.04

32,270,900

CapLand IntCom T

1.95

+0.02

26,153,600

0.53

+0.005

25,790,500

Frasers L&C Tr

0.91

0.00

24,415,700

0.007

0.00

23,218,300

Genting Sing

0.77

-0.005

22,216,700

More active Stocks

SPDR S&P500 US$

600.79

+4.39

226

TESLA 3xLongSG261006

12.70

+2.083

3,500

Nasdaq 7xLongSG260226

13.35

+0.767

4,200

Nasdaq 7xLongUB250922

11.99

+0.675

200

XT Vietnam US$

24.80

+0.61

3

IS INDIA CLIMATE US$

14.42

+0.52

172

IS INDIA CLIMATE S$D

19.45

+0.47

6,779

Jardine C&C

28.54

+0.31

168,400

NVDA 3xShortSG261006

2.93

+0.289

1,800

Meituan 5xShortSG260513

1.57

+0.259

100

More gainer Stocks

332.00

-3.50

2,616

246.60

-2.70

3,916

Meituan 5xLongUB251128

2.30

-0.593

57,400

NVDA 3xLongSG261006

7.59

-0.381

6,900

Meituan 5xLongSG251216

1.64

-0.258

19,500

CityDev 5xShortSG241218

1.75

-0.183

200

43.03

-0.15

207,100

Xiaomi 5xLongUB250930

1.63

-0.148

177,700

Meituan 5xLongSG250924

0.705

-0.132

39,400

YZJ 5xLongSG241218

1.36

-0.113

800

More loser Stocks

Featured Advertisers / Partners

Top Brokers >

1

CGS-CIMB Securities

2

Citibank Brokerage

3

DBS Vickers

4

iFAST Financial Pte Ltd (FSMone)

5

KGI Securities

Books Review >

Ride The Bull Short The Bear

CS Tan

4.9 / 5.0

This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....