Sheng siong investment research

In addition to sales from new stores, Sheng Siong has improved its gross profit margins by lowering its cost of sales gradually during this five-year period.

Sheng siong sgx

If Sheng Siong is able to maintain its dividend, its expected dividend yield is 3. Other jurisdictions In any other jurisdictions, except if otherwise restricted by laws or regulations, this report is intended only for qualified, professional, institutional or sophisticated investors as defined in the laws and regulations of such jurisdictions. This measures how fast Sheng Siong is in making payments to its suppliers. It is an increase from 24 stores when it first listed on the SGX in The research analyst s are not subject to FINRA Rule restrictions on analyst compensation, communications with a subject company, public appearances and trading securities held by a research analyst. This is particularly more so for businesses in the sector of fast moving consumers goods. Where the report is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, DBS Bank Ltd accepts legal responsibility for the contents of the report to such persons only to the extent required by law.

This is an increase from 44 stores with total retail area ofsquare feet as at 31 December In spite of this, FY18 net profit took a plunge sinking The completion was initially scheduled for Q1 but has been delayed to Q4 Over the past six years, its trade receivables turnover days has averaged at days.

You should contact your relationship manager or investment adviser if you need advice on the merits of buying, selling or holding a particular investment. The following year, it commenced the construction of a new extension to the existing warehouse.

Sheng siong investment research

Upon completion, it would add another 97, square feet of warehouse space for Sheng Siong. Source: Annual Reports of Sheng Siong 2. In addition, the group is also looking to set its footprints outside of Singapore following the opening of its first overseas outlet in Kunming China in November Get up to speed with this Quick-Start Manual that'll show you how to be profitable in the stock market - Written in simple English that's extremely easy to understand, yet packs plenty of valuable profit strategies every investor must know

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12 things to know about Sheng Siong Group before you invest