Sporeshare
11-08 14:13

$Sheng Siong(OV8.SI)$  

 Sheng Siong - Chart wise, bearish mode. She has broken down 200 days SMA, likely to continue to trend lower.

2.00 is on the way. Pls dyodd.

It has broken down the support at 2.54, looks rather weak and may continue to go down to revisit 2.00. Pls dyodd.

The price being sold down today, it looks like the market doesn't like the latest financial numbers.

Chart wise, bearish mode.

She had broken the support at 2.75 and is now trading at 2.67, looks rather bearish. She may go down to test 2.60 than 2.50 and below. Pls dyodd.

Sheng Siong Group’s net profit increases 1.8% to S$44.6 million for 3Q FY2026

• Revenue rose 6.2% yoy to S$441.5 million, driven by new store openings.

• Gross profit margin improved 0.7 percentage points yoy to 32.2% due to a better sales mix.

• The Group opened three stores in 3Q FY2026, bringing the total number of new stores opened in 9M FY2026 to seven.

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