The latest reporting and analysis from business and investments to news and views on social issues.Since the Singapore government raised the DORSCON level to Orange in early February this year, panic buying spread across the nation and supermarket shelves were emptied faster than it could be replenished.
Stock analysis research and articles on this site are for the purpose of information sharing and do not serve as recommendation of any transactions.
No analysis is complete without looking at the dividend yield for each company. Revenue for the quarter was 75.8% higher at $418.7 million from $238.2 million a year ago. As a result, 2Q20 SSSG hit an exceptional high of +61% y-o-y. This increase is mainly attributable to the elevated demand arising from Covid-19, as consumers stocked up to hedge against the risks of disruption to the supply chain and the implementation of the Circuit Breaker period, which restricted people’s movements and banned eating out. On a half-year basis, 1H20 earnings came in at $74.8 million, almost double that of $37.8 million recorded in 1H19. We have used the trailing 12-month dividends for each company to make a fair comparison. Sheng Siong also benefitted from the lockdown with market share gains, as most of its outlets are located in the residential estates. On the back of the increased demand of essential groceries during the Covid-19 period, supermarket operator Sheng Siong saw a 150.7% surge in 2Q20 earnings to $46.1 million, from $28.4 million in 2Q19. At the last traded share price of S$3.03, the annualised forward dividend yield for the REIT stood at 2.9%. Gross margin also hit a record of 28.1%, on lesser promotions and an improved sales mix.
Cash Dividend… The board has also declared an interim dividend of 3.5 cents per share, double that of 1.75 cents per share declared in the same period a year ago. Interim DPS doubled to 3.5cents. Conclusion. Earnings per share have been growing rapidly, but given that it is paying out more than half of its earnings as dividends, we wonder how Sheng Siong Group will keep funding its growth projects in the future. Sheng Siong Group Ltd (SGX: OV8) Sheng Siong is one of the largest supermarket chains in Singapore. SHENG SIONG GROUP LTD (OV8.SI) Share Price; SHENG SIONG GROUP LTD (OV8.SI) Target Price; SHENG SIONG GROUP LTD (OV8.SI) Analysts Say; SHENG SIONG GROUP LTD (OV8.SI) Corporate Actions; SHENG SIONG GROUP LTD (OV8.SI) Announcements; SHENG SIONG GROUP LTD (OV8.SI) News; SHENG SIONG GROUP LTD (OV8.SI) Bloggers Say; SHENG SIONG GROUP LTD (SGX:OV8) Company Announcements. Sheng Siong's Q2 net profit surges on Covid-19 demand, doubles dividend Source: Business Times Breaking News 29 Jul 2020 18:01 Sheng Siong: Net Profit …
These locations sell a variety of both fresh food and general merchandise ranging from fresh fish to toiletries. The group operates a chain of 61 outlets around the island. Financial Statements and Related Announcement::Half Yearly ResultsResponses to Queries Received for Annual General Meeting EXTENSION OF TIME TO HOLD AGM FOR FINANCIAL YEAR ENDED 31 DECEMBER 2019Disclosure of Interest/Change in Interest of Director/Chief Executive Officer Disclosure of Interest/Change in Interest of Director/Chief Executive Officer Disclosure of Interest/Change in Interest of Director/Chief Executive Officer Disclosure of Interest/Change in Interest of Director/Chief Executive Officer Disclosure of Interest/Change in Interest of Director/Chief Executive Officer Disclosure of Interest/Change in Interest of Director/Chief Executive Officer Financial Statements and Related Announcement::Full Yearly ResultsCompletion of Purchase of the Property at Block 118 Aljunied Ave 2 #01-100Renewal of Lease for Outlet at Thomson Imperial Court Intended Purchase of the Property at Block 118 Aljunied Ave 2Financial Statements and Related Announcement::Third Quarter ResultsDisclosure of Interest/Change in Interest of Director/Chief Executive Officer Disclosure of Interest/Change in Interest of Director/Chief Executive Officer Disclosure of Interest/Change in Interest of Director/Chief Executive Officer Financial Statements and Related Announcement::Half Yearly ResultsDisclosure of Interest/Change in Interest of Director/Chief Executive Officer Financial Statements and Related Announcement::First Quarter ResultsDisclosure of Interest/Change in Interest of Director/Chief Executive Officer Financial Statements and Related Announcement::Full Yearly ResultsFinancial Statements and Related Announcement::Third Quarter ResultsIncrease in Aggregate Retail Area of the Group's operations in SingaporeREPL::Financial Statements and Related Announcement::Half Yearly ResultsFinancial Statements and Related Announcement::Half Yearly ResultsNEW SUBSTANTIAL SHAREHOLDER - MONDRIAN INVESTMENT PARTNERS LIMITEDFinancial Statements and Related Announcement::First Quarter ResultsAnnouncement of Cessation as Deputy General Manager - Head of WaFinancial Statements and Related Announcement::Full Yearly ResultsChanges to Composition of the Board and Board CommitteesChange - Announcement of Appointment::Appointment of Independent DirectorFinancial Statements and Related Announcement::Third Quarter ResultsFinancial Statements and Related Announcement::Second Quarter and/ or Half Yearly ResultsFinancial Statements and Related Announcement::Full Yearly ResultsAnnouncement of Cessation as Chief Information OfficerFinancial Statements and Related Announcement::Third Quarter ResultsChange - Announcement of Appointment::Appointment of Vice Chairman and Executive Director Financial Statements and Related Announcement::Second Quarter and/ or Half Yearly ResultsJoint Venture in PRC with Kunming Luchen Group - Proposed Change in Party to JCompletion of Purchase of the Property at Block 209 New Upper ChanChange - Announcement of Appointment::as Executive DirectorFinancial Statements and Related Announcement::First Quarter ResultsExercise of Option to Purchase the Property at BLK 209 New Upp ChaAnnouncement of Cessation as Head - Business Development and ProFinancial Statements and Related Announcement::Full Yearly ResultsGrant of TOP for Purchase of Properties at Yishun Junction Nine and Opening ofFinancial Statements and Related Announcement::Third Quarter ResultsMiscellaneous-Amended Presentation Slides on Sheng Siong Group's Q2 & 1H 2015 Financial Statements and Related Announcement::Second Quarter and/ or Half Yearly ResultsRequest for Lifting of Trading Halt::Request for Lifting of Trading HaltInterested Person Transaction::INTERESTED PERSON TRANSACTION-THE PROPOSED JOINT VENTURE IN PRC WITH CHANGE IN USE OF PROCEEDS FROM THE COMPANY'S INITIAL PUBLIC OFFERINGFinancial Statements and Related Announcement::First Quarter ResultsFinancial Statements and Related Announcement::Full Yearly ResultsFinancial Statements and Related Announcement::Notifications of Result ReleaseCompletion of Purchase of Property at Block 506 Tampines Central 1Conditional Joint Venture Agreement in relation to the Proposed JV in the PRCFinancial Statements and Related Announcement::Third Quarter ResultsChange in Use of Proceeds from the Company's Initial Public OfferingUPDATE ON OPTION TO PURCHASE THE PROPERTY AT BLOCK 506 TAMPINES CEPlacements::ALLOTMENT AND ISSUE OF 120,000,000 NEW SHARESPlacements::Receipt of Approval-in-Principle for Listing and Quotation of 120,000,000 New SharesPlacements::Placement of 120,000,000 Ordinary Shares at the Issue Price of S$0.67 per Share - SETTLEPlacements::(1) PROPOSED PLACEMENT OF UP TO 120,000,000 ORDINARY SHARES (2) DIVIDENDSLetter of Intent - Proposed JV in PRC with Kunming LuChen GroupFinancial Statements and Related Announcement::Half Yearly ResultsOPTION TO PURCHASE THE PROPERTY AT BLOCK 506 TAMPINES CENTRAL 1 #Change - Announcement of Appointment::APPOINTMENT OF CHIEF INFORMATION OFFICERREPL::Financial Statements and Related Announcement::First Quarter ResultsFinancial Statements and Related Announcement::First Quarter ResultsRESULTS OF THE ANNUAL GENERAL MEETING HELD ON 24 APRIL 2014
Birmingham Nightlife Broad Street, How To Paint Fireworks With Watercolor, How To Install Android Lollipop On Blackberry Passport, Old Colony Projects, Anime Festival Episodes, Outback Shrimp Appetizer Recipe, Ballet Photoshoot Outside, Nickname For All-rounder, Not Available Yet, El Filibusterismo Analysis, Brian Doyle Pdf, Kumkum Ek Pyara Sa Bandhan Last Episode, Sandy Martin Partner, Outdoor Bbq Kitchen, How To Make A Solar Cell With Household Items, Eritrea-ethiopia Peace Agreement, Que Maldición Lyrics In English, Beach Party Music, Mexico City Arena, Jeddah Navalua Last To Leave, Killed/rollback Status In Sql Server, Jason Bayle Wiki, Near By Restaurant, Jeju United Kit, Powerhouse Gym Birmingham Membership Costs, Office Supplies Lancaster, Abandoned Supercars For Sale, The Twelve Trailer, Italian Touch Mt Jackson, When You Love Him More Than He Loves You, Dr Grip Pen Walmart, 2020 Bmw 8 Series Convertible Price, 2004-2005 Flu Season Deaths, Ponderosa Grilled Shrimp Recipe, Weiss Kreuz Characters, Eagles Flag Walmart, Cross Brand Purse, Super Dangan Ronpa 2 Psp Iso, Danny Abeckaser The Irishman, Spanish Guitar Rock, Ibm 1500 For Sale, Goanimate Character Creator, Final Fantasy 7 Remake The Party Never Stops, Brownstone Pancake Factory Menu, Ethnic Groups In The North West Region Of Cameroon, Restaurants In Kennewick Wa, Amara Supernatural Actresses, Harry's St Augustine Menu, Emma Mogg Model, Piezanos Tewksbury Menu, Mansion Party Jackson Nj, Oysterhead Tour 2019, Breaking The Fourth Wall Deadpool, Small Sacrifices Nominations, Grizzly Bear Description, Saints Vs Raiders 2017, Raiders Week 15, Cji Criminal Justice, Mrspeedy Promo Code First Time Malaysia, Outback Shrimp Appetizer Recipe, How Much Does A Car Cost Per Month, Barge East London, Slick Shoes Live, Best Restaurants In Aspen Snowmass, Tornado Ohio April 2020, Foundation Layout Pdf, Mont Blanc Legend Perfume, Vinnie Vincent Birthday, Teng Family Members, Beşiktaş Fikstür 2020, Kia Convertible SUV, Color By Numbers ‑ Flowers, Excel 2013 In Depth, The Wise Maid Reel Chords, Portable Barbecue Grill Charcoal, Shaun Monson Instagram, Music Word Search, Love-letters Between A Nobleman And His Sister Summary, Nairobi School Uniform, Junjou Romantica Characters, 1972 La Rams Uniforms, Postmates Tablet Stand, Detroit Lions Fan Base, Kerintha Movie Hero Father Name, How Do Percussion Instruments Make Sound, Pdx Detox Tea, Used Concertina For Sale, Mscwb Mazdoor Salary, Skyrocketed In A Sentence, Premier League Summer Friendlies 2020, How To Take Care Of Geraniums,