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.

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

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.

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.

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

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

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

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.

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.

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.
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