Sheng Siong Group

SINGAPORE (Dec 22): Sheng Siong Group has received written notice that the lease for its supermarket in The Verge will not be renewed after its current lease expires on Apr 30.

SINGAPORE (Dec 14): Maybank Kim Eng has downgraded Sheng Siong Group from a “hold” rating to a “sell” rating after the supermarket operator failed to secure any new supermarket sites in December.

SINGAPORE (Dec 6): CIMB is “overweight” on Singapore’s consumer sector while opting for a stock selection strategy based on earnings growth.

SINGAPORE (Nov 30): OCBC Investment Research has declared Sheng Siong Group (SSG) as its latest and sole preferred “buy” pick at an estimated fair value of $1.15, while maintaining its “neutral” stance on Singapore’s consumer sector.

SINGAPORE (Oct 27): Here are some factors and stocks that could move the market this Thursday morning:

SINGAPORE (Oct 26): Sheng Siong Group, the supermarket chain operator, reported a 8.2% y-o-y increase in 3Q earnings to $15.7 million for the 3 months ended Sept, thanks to higher revenue and gross margin.

SINGAPORE (Oct 25): Home-grown supermarket chain operator Sheng Siong Group is not exactly a fast-growing company. Yet, against a backdrop of soft economic growth and volatile costs, its resilience has made it something of a star performer.

SINGAPORE (8 Sept): Sheng Siong Group is expected to pick up higher earnings in 2H16 according to Daiwa Capital Markets, which has maintained its “overweight” call in a Thursday report.

SINGAPORE (Aug 22): Singapore stocks closed weaker on Monday evening.

SINGAPORE (Aug 22): Shares of Sheng Siong Group, the operator of supermarkets, surged 4.4% to a record high of $1.065 on Monday.