Sheng Siong

Daiwa's strategy for 2017

Daiwa sees STI ending at 3,040

SINGAPORE (Jan 20): Daiwa Capital Markets is sticking to its year-end target of 3,040 for the benchmark Straits Times Index with limited upside.

Stocks To Watch

Parkway Life REIT, Keppel Land, Aztech, SIA Engineering, Sheng Siong, Nam Cheong

SINGAPORE (Dec 23): Here are some factors and stocks that could move the market this Friday morning:

DBS looks into 2017

4 consumer goods stock picks that could fly off the shelves

SINGAPORE (Dec 19): DBS Group Research is keeping the Singapore consumer goods sector at “overweight” ahead of a projected 8.6% earnings growth in FY2017F.

Broker's Calls

10 stock picks to guide you through a lacklustre 1H17

SINGAPORE (Nov 28): With the Singapore market being dragged down this year by events such as Brexit and the US presidential elections, OCBC Investment Research expects the lacklustre sentiment to continue at least into 1H17 as corporate earnings and econo

Broker's Calls

How Singapore investors can stay defensive in a post-Trump world

SINGAPORE (Nov 11): Donald Trump’s notorious US presidential win on Wednesday will surely raise volatility for Singapore’s equities, says DBS Vickers Securities.

Broker's Calls

Not yet time to shop for Sheng Siong

SINGAPORE (Oct 28): Sheng Siong’s 3Q results may have come in line with analyst expectations, but the company’s outlook remains bleak at best, with UOB Kay Hian and Maybank Kim Eng maintaining their “hold” rating on the stock.

Broker's Calls

Chew on this defensive stock as competition intensifies in grocery sector

SINGAPORE (Oct 6): OCBC Investment Research continue to rate supermarket operator Sheng Siong Group at “buy” with a higher fair value estimate of $1.15 from $1.07 previously based on potential returns including dividends.

Results

Xpress posts net losses of $21.8 mil for FY16 on disposal of subsidiaries in the red

SINGAPORE (Sept 29): Xpress Holdings posted net losses for $21.8 million for FY16, compared with earnings of $314,000 in FY15.

Broker's Calls

Jumbo ‘in’, Sheng Siong ‘out’ for Maybank KE

SINGAPORE (Sept 28): Maybank Kim Eng is upgrading Jumbo to a “buy” with a higher target price of 78 cents, while downgrading Sheng Siong to “hold” with a target price of $1.13.

Broker's Calls

Dissecting the GSS disappointment

SINGAPORE (Aug 24): RHB Research is maintaining its “overweight” rating on the consumer sector but remains “negative” on discretionary retailers on weak consumer sentiment, the failure of the Great Singapore Sales (GSS) to excite shoppers, as wel
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