Why Sheng Siong is Thriving Amid Rising Prices? | The Investing Iguana 🦖
@The Investing Iguana:
🟩 In this insightful video, Iggy the Investing Iguana takes a closer look at Sheng Siong Group, a Singapore-based supermarket chain that's been making waves in the stock market. Discover how this company is thriving amid rising prices and inflation, and learn about its strategic expansion plans for the future. $Sheng Siong(OV8.SI)$ Iggy breaks down Sheng Siong's impressive performance, highlighting its focus on providing value-for-money products to consumers and its ability to improve gross profit margins through economies of scale and operational efficiency. He also explores the company's ambitious goal of opening at least three new stores annually in Singapore, and how this has contributed to its sales growth. But it's not all smooth sailing f