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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.
July 27, 2016
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”.
July 27, 2016
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.
June 07, 2016
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.
May 27, 2016
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.
May 23, 2016