$SHENG SIONG GROUP LTD(OV8.SI)$ is going ex dividend on 9 May 2022 paying 0.031 cents per share.  It is a great defensive stock to hold in volatile times like now.

The good news is that it has just reported a 13.9% in increase in Net Profit to SGD35.2 million in 1Q22 compared to 1Q21 at SGD30. 9 million. 

$SHENG SIONG GROUP LTD(OV8.SI)$ has an excellent management team which is intent on keeping  costs down  through effective sourcing and it even improves its Gross Profit Margin to 28.7% this latest quarter. 

It also plans to increase its outlets and already a new one has opened in Bukit Batok followed by 2 new stores later in 2022.

$SHENG SIONG GROUP LTD(OV8.SI)$ has been paying regular and steady dividends.  It is certainly a great stock to keep long term. 

@Daily_Discussion

@TigerStars

@CaptainTiger


# 💰Stocks to watch today?(8 October)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • tarotsgirl
    ·2022-04-28
    I suppose its to hold n cater for inflation ?
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    • koolgal: 
      Yes it is definitely a good defensive stock
      2022-04-28
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  • AiChee
    ·2022-04-28
    Dividends semi annually 👍
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    • koolgal: 
      Thanks for sharing
      2022-04-28
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    • koolgal: 
      Yes you are right
      2022-04-28
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  • BellaFaraday
    ·2022-04-27
    The performance exceeded my expectations.
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    • koolgal: 
      Yes I am happy with the performance.
      2022-04-27
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    • koolgal: 
      Thanks for sharing
      2022-04-27
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  • HilaryWilde
    ·2022-04-27
    Is OV8.SI a good buy now?
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    • koolgal: 
      Yes I believe so.
      2022-04-27
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    • koolgal: 
      The share price has been rather stable.
      2022-04-27
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    • koolgal: 
      Thanks for sharing
      2022-04-27
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  • PandoraHaggai
    ·2022-04-27
    The stock had a good quarter.
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    • koolgal: 
      Yes it did.
      2022-04-27
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    • koolgal: 
      It is a solid stable performer.
      2022-04-27
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  • meurasian77
    ·2022-04-27
    thanks for the share
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    • koolgal: 
      My pleasure
      2022-04-27
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  • rinl
    ·2022-04-27
    thanks for the info 😊
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    • koolgal: 
      My pleasure
      2022-04-27
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  • 不死鸟.
    ·2022-04-27
    谢谢分享👍
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    • koolgal: 
      My pleasure
      2022-04-27
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  • StarLuck
    ·2022-04-27
    Wow good
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    • koolgal: 
      Thanks
      2022-04-28
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  • Colina
    ·2022-04-27
    👍🏻
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    • koolgal: 
      Thanks
      2022-04-27
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  • JQJQ
    ·2022-04-27
    💸💸💸💸
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    • koolgal: 
      Thanks
      2022-04-27
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  • eveevelyn
    ·2022-04-27
    ok
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    • koolgal: 
      Thanks
      2022-04-27
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  • SimonTan91
    ·2022-04-27
    oo
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    • koolgal: 
      Thanks
      2022-04-27
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  • Huhu88
    ·2022-04-27
    Thanks
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    • koolgal: 
      My pleasure
      2022-04-27
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  • Jerkes
    ·2022-04-27
    Nice
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    • koolgal: 
      Thanks
      2022-04-27
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  • russ1122
    ·2022-04-27
    hiii
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    • koolgal: 
      Hi
      2022-04-27
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  • LukeDan
    ·2022-04-27
    👌
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    • koolgal: 
      Thanks
      2022-04-27
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  • Singman
    ·2022-04-27
    good
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    • koolgal: 
      Thanks
      2022-04-27
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  • xxxjw
    ·2022-04-27
    🚀
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    • koolgal: 
      To the moon
      2022-04-27
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  • cleverbest
    ·2022-04-27
    nice
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    • koolgal: 
      Thanks
      2022-04-27
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