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consumer
Broker's Calls
Sheng Siong likely to see stellar FY19F as growth momentum continues: DBS
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.
July 31, 2018
Results
Dairy Farm posts 6% growth in 1H earnings to $306.2 mil on higher sales
SINGAPORE (July 26): Dairy Farm International (DFI), a member of the Jardine Matheson Group, announced earnings of US$225 million ($306.2 million) for the half-year ended June, up 6% from its 1H17 restated earnings of US$212 million a year ago on higher c
July 26, 2018
How the global consumer landscape is set to change over the next 2-3 years: KPMG
SINGAPORE (June 14): By 2020, the consumer and retail industry landscape is likely to see an emergence of new business models, fewer physical stores, and more companies distributing their products through owned channels.
June 14, 2018
IPO
Hyphens Pharma's public offering 152 times subscribed
SINGAPORE (May 17): Hyphens Pharma International says its public offering of 3 million shares at 26 cents per share in conjunction with its Catalist listing was about 152 times subscribed.
May 17, 2018
Broker's Calls
Sheng Siong downgraded by brokers after recent rally, but outlook remains positive
SINGAPORE (May 2): UOB and Phillip Capital are downgrading their calls on Sheng Siong Group from their previous “buy” calls to “hold” and “accumulate”, respectively, with target prices of $1.09 and $1.13 after the group’s recent stock price
May 02, 2018
Broker's Calls
Steady start to FY18 keeps Sheng Siong firmly at 'buy'
SINGAPORE (Apr 30): RHB, OCBC and DBS are maintaining their “buy” calls on Sheng Siong Group with target prices of $1.18, $1.06 and $1.21, respectively, after the supermarket operator posted a set of 1Q18 results which came in line with all three rese
April 30, 2018
IPO
Hyphens Pharma lodges preliminary offer document for Catalist listing
SINGAPORE (Apr 26): Hyphens Pharma International, the specialty pharmaceutical and consumer healthcare group which also owns the Ocean Health brand of supplements, has lodged a preliminary offer document with Singapore Exchange (SGX) to list on its Catali
April 26, 2018
Global Economy
Asia's policy-makers just scored a new e-commerce growth measure
SINGAPORE (Apr 16): Policy makers in Asia grappling with how to measure the growth of e-commerce just scored one more tool in Singapore.
April 16, 2018
Broker's Calls
This consumer stock is set to thrive amid looming market uncertainties: RHB
SINGAPORE (Apr 11): RHB is upgrading its call on Sheng Siong Group to “buy” from “neutral” with a higher target price of $1.11 from 98 cents previously, which results from a 2-3% increase in FY18-20 estimates and target P/E from 19 to 21 times.
April 11, 2018
Broker's Calls
Will new store openings drive Sheng Siong's share price higher?
SINGAPORE (Feb 26): RHB is maintaining its “neutral” call on Sheng Siong with a lower target price of 98 cents from 99 cents previously after the supermarket operator’s 4Q17 results fell short of expectations.
February 26, 2018