Sheng Siong Group

Broker's Calls

Sheng Siong riding on record 2Q gross margins

SINGAPORE (July 27): CIMB is keeping Sheng Siong Group on “add” and raising its target price to $1.04, from 97 cents previously.

Broker's Calls

Sheng Siong a counter-cyclical buy

SINGAPORE (July 27) – Maybank has maintained its “buy” call for Sheng Siong Group, with a target price of $1.13, after the group reported 2Q16 results that “bucks the weak environment”.
Sheng Siong Group

Broker's Calls

Sheng Siong kept at ‘add’ by CIMB after store closure U-turn

SINGAPORE (June 7): CIMB is keeping its “add” recommendation on Sheng Siong Group with 97 cents target price after the research house was assured by management that investors shouldn’t worry about store closures.
Xpress Holdings logo

Xpress in China supermarket JV with Sheng Siong and Kunming LuChen

SINGAPORE (May 27): Xpress Holdings says iSmart Investments (ISI), a wholly owned subsidiary of the company, has entered into a joint venture agreement with Sheng Siong Group and Kunming LuChen Group Co. to operate supermarkets in China.
SIngapore Airlines, SIA

Portfolio: SIA takes a hit while DBS, CDL run; Jumbo, Cogent post solid earnings

SINGAPORE (May 22): There was a host of corporate actions and earnings announcements involving the stocks in our three portfolios this past week. And, our blue-chip holdings made some big moves.
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