Sheng Siong

SINGAPORE (Apr 26): Recruitment and HR services agency Randstad has released its list of top 75 companies to work for in Singapore based on findings from its latest Randstad Employer Brand Research 2018.

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.

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.

SINGAPORE (Feb 22): Sheng Siong reported a 9.3% rise in 4Q17 earnings to $16.8 million compared to $15.4 million in 4Q16.

SINGAPORE (Feb 20): Singapore ended 2017 with a bumper budget surplus of $9.6 billion, the highest in the last 20 years.

SINGAPORE (Feb 19): RHB is maintaining “overweight” on Singapore’s consumer staples sector while highlighting Dairy Farm as its preferred “buy” pick with an unchanged target price of US$9.53 ($12.50) on expectations of consumption to pick up acr

SINGAPORE (Dec 4): Phillip Capital is remaining “overweight” on Singapore’s consumer sector on expectations of a continued rebound in the city state’s economic conditions as well as improving consumer sentiment.

SINGAPORE (Nov 29): At the recent People’s Action Party (PAP) convention on Nov 19, Prime Minister Lee Hsien Loong said that “raising taxes is not a matter of whether, but a matter of when”.

SINGAPORE (Aug 7): RHB Research continues to rate Dairy Farm International at “buy” with a target price of US$9.53 ($13), after the Jardine Group member last week announced a 7% in 1H earnings to US$213 million.

SINGAPORE (Aug 1): Sheng Siong is opting to stay prudent and maintain a healthy balance sheet but OCBC Investment Research does not rule out the possibility of the group purchasing stores in ideal locations.