This is totally rubbish! Not only is Sheng Siong very overly valued, it's totally nonsensical to buy into that it's going any higher. For what? Not unless it's going to be a bank or giving some financial benefit or 3X their current dividends, it's horse crap!

Sheng Siong Soars 3.63% as Positive Outlook Driven by New Outlet Expansion

Sheng Siong Group's stock is soaring 3.63% in Thursday's intraday trading, reaching S$2.01 per share. The surge comes on the heels of a positive outlook report from RHB Research, highlighting the supermarket chain's successful expansion strategy in Singapore.According to RHB Research analyst Alfie Yeo, Sheng Siong's future looks bright due to its aggressive outlet expansion plans. The company has already opened two new outlets in Q1 and is on track to open six more by Q3, with an additional fou
Sheng Siong Soars 3.63% as Positive Outlook Driven by New Outlet Expansion

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet