Latest news with #ShengSiong
Yahoo
27-05-2025
- Business
- Yahoo
Sheng Siong Group's (SGX:OV8) investors will be pleased with their 25% return over the last year
If you want to compound wealth in the stock market, you can do so by buying an index fund. But investors can boost returns by picking market-beating companies to own shares in. For example, the Sheng Siong Group Ltd (SGX:OV8) share price is up 20% in the last 1 year, clearly besting the market return of around 14% (not including dividends). So that should have shareholders smiling. Longer term, the stock is up 20% in three years. So let's assess the underlying fundamentals over the last 1 year and see if they've moved in lock-step with shareholder returns. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). Sheng Siong Group was able to grow EPS by 2.9% in the last twelve months. This EPS growth is significantly lower than the 20% increase in the share price. So it's fair to assume the market has a higher opinion of the business than it a year ago. You can see below how EPS has changed over time (discover the exact values by clicking on the image). Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Sheng Siong Group, it has a TSR of 25% for the last 1 year. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! It's nice to see that Sheng Siong Group shareholders have received a total shareholder return of 25% over the last year. Of course, that includes the dividend. That gain is better than the annual TSR over five years, which is 8%. Therefore it seems like sentiment around the company has been positive lately. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Sheng Siong Group you should know about. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Singaporean exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
AsiaOne
19-05-2025
- Health
- AsiaOne
No need to stockpile pork, says FairPrice as Malaysian prices rise , Singapore News
While African swine fever (ASF) outbreaks at Malaysian pig farms have driven up pork prices there since the start of the year, some supermarket chains and Singapore pork suppliers here say local supply chains remain stable and unaffected. The FairPrice Group told AsiaOne that it is not currently impacted by the recent swine fever outbreak in Malaysia. "We encourage customers not to stockpile pork as we have ample stocks in our warehouses," its spokesperson for the supermarket giant said. Meanwhile, a spokesperson for supermarket chain Sheng Siong said: "Our main source of chilled pork comes from Australia, but we will keep a close watch on the developments in Malaysia." An ASF outbreak earlier this year at farms in Tanjung Sepat, Selangor - one of Malaysia's largest pig-producing regions - has resulted in the monthly culling of 30,000 pigs, reported The Straits Times. It was the latest woe that has since caused severe disruptions to pork supply in Malaysia, with the disease also infecting swine in Negeri Sembilan, Perak, Pahang, Johor and Penang. While ASF poses no risk to humans, it continues to plague the pig-rearing industry in Malaysia, with mortality rates in infected pigs reaching nearly 100 per cent. 'We have seen prices increase multiple times' Local pork supplier HKL Porki told AsiaOne that their supply of fresh pork comes from Sarawak, Malaysia, where the market-ready pigs there have so far been spared from the highly contagious viral disease. The supplier said it is no stranger to ASF, after their previous fresh pork supply which came from farms in Pulau Bulan, Indonesia, were hit by a similar outbreak "years ago". It has since switched over to importing pork from Malaysia, but said the move was made without having "much of a choice". "Supply has not really been affected. However, due to lesser supply of pork from Malaysia, we have seen prices increase multiple times over the past year," the spokesperson said. "People have bought lesser due to the higher prices of Malaysian pork… though we try not to raise prices too much unless it's necessary." Similarly, online grocer Kim Mart told AsiaOne that the ASF outbreak has not impacted its operations, as it sources pork from a variety of countries, including the Netherlands and Brazil. While the ASF outbreak has caused consumers across the border to tighten their belts, several Singaporeans whom AsiaOne spoke to said it is a case of "wait and see". Marketing associate Johnathan Leong, 28, said he will continue buying fresh lean pork from supermarkets as the prices - typically at $15 per kilogram - are still "reasonable". "I can always switch to chicken if pork becomes more expensive," he added. Where our pork comes from Singapore imported 128,100 tonnes of pork in 2021 from over 20 countries such as Australia, Brazil and Indonesia, according to statistics from the Singapore Food Agency (SFA). Brazil ranked as Singapore's top supplier of pork in 2021, accounting for 31 per cent of the Republic's pork imports during that year. Other countries, which includes Malaysia, was at 35 per cent then. It is unclear how much of Singapore's pork today comes from Malaysia, as since 2023, the SFA has not revealed the proportion of pork supplied by other countries. AsiaOne has reached out to SFA for comment. [[nid:626601]] chingshijie@
Independent Singapore
12-05-2025
- Business
- Independent Singapore
Can Sheng Siong's share price keep climbing after hitting an all-time high?
SINGAPORE: The share price of Singapore's supermarket chain Sheng Siong has climbed over 13% year-to-date, recently hitting a record high of S$1.86, according to The Smart Investor. With plans to open more stores across the city-state, can it keep going? In the first quarter of 2025 (Q1 2025), the supermarket chain posted a 7.1% year-on-year (YoY) rise in revenue to S$403 million. Gross profit climbed 10.2% YoY to S$122 million, supported by festive sales during Hari Raya and eight new stores opened last year. Other income also rose 18.1% YoY due to higher rental income from shop spaces and government grants. Meanwhile, net profit rose 6.1% YoY to S$38.5 million. While free cash flow stood at S$22.9 million, lower than the previous year's S$34.5 million, Sheng Siong's gross margin rose steadily from 28.7% in 2021 to 30.5% in 2024. In Q1 2025, its gross margin stood at 30.3%, up from 29.4% in the previous year. In addition, Sheng Siong's consistent cash flow allowed it to maintain regular dividends, with a slight increase to S$0.064 per share for 2024, up from S$0.0625 in 2023. The supermarket chain's payout ratio was 70%, suggesting 30% of its profits went to reinvesting. In terms of growth, the supermarket chain's store count reached 77 by the end of March 2025. Its retail area has also expanded, reaching a record 672,200 square feet, up from 661,500 square feet. Last year, Sheng Siong opened six stores, followed by another two in Q1 2025. With a target to open at least three new stores annually, Sheng Siong has already exceeded its goal for 2024, and 2025 may see even more store openings. Management said it had secured six more locations, which are expected to open by the third quarter of 2025 (Q3 2025). These include sites in Punggol and Tengah, as well as two private retail locations at KINEX Mall and Cathay Building. By then, Sheng Siong will have opened eight stores this year. The group is also waiting for four more HDB site tenders. New and comparable new stores contributed 6.3% to Q1 2025 revenue, while comparable same-store sales only contributed 0.1% to this growth, indicating that the company's expansion strategy is key to boosting its revenue. So, can Sheng Siong's share price continue to go up? While management of the supermarket chain noted that macroeconomic uncertainties could lower consumer spending on non-essential goods, the shift towards value-based supermarkets could work in the supermarket chain's favour. Intense competition in the supermarket sector also remains a challenge. Management has cautioned that aggressive promotions and rising operating costs could pressure the supermarket's margins in the near term. Despite these, Sheng Siong's store expansion strategy is progressing well, and the retailer is on track for continued revenue growth in the coming quarters. The Smart Investor urged investors to keep an eye on operating costs and cash flow to assess any potential impact on business profitability. /TISG Read also: Sheng Siong CEO Lim Hock Chee's FY2024 pay rises 20.6% to S$7.06M on bigger bonus
Malay Mail
09-05-2025
- Malay Mail
Ex-Singapore prison officer fined S$300 for shoplifting four boxes of lozenges from supermarket
SINGAPORE, May 9 — A former prison officer was fined S$300 (RM995) for stealing four boxes of lozenges worth just over S$21 from a supermarket in Circuit Road, Singapore last year. The Straits Times reported that Eddie Tan Kyim Hiong, 47, pleaded guilty to a charge of theft and was sentenced on Wednesday. The incident took place on the evening of June 28, 2024, at a Sheng Siong outlet. According to the facts of the case, a retail assistant, suspicious of Tan's behaviour, kept an eye on him and later noticed he had placed the lozenges into a pouch without paying for them. After Tan paid for some apples and exited the store, the staff member confronted him and recovered the unpaid items. The police were called shortly before 7.50pm. At the time of the offence, Tan was employed by the Singapore Prison Service (SPS). He was subsequently redeployed to non-sensitive administrative duties during police investigations, before resigning on March 1 this year. In a statement issued on May 8, the SPS said it takes misconduct by its officers seriously: 'All prison officers are expected to uphold exemplary standards of integrity, discipline, and personal conduct. Those who commit offences will be dealt with in accordance with the law.' Tan could have faced up to three years' jail and a fine under Singapore's laws on theft.
CNA
08-05-2025
- Entertainment
- CNA
Commentary: Why are consumer and F&B brands selling toys – and why are we buying them?
SINGAPORE: Who would have thought that your local Sheng Siong and FairPrice would become the new battleground for collectible plushies? On Apr 26, Milo launched limited-edition plushies of Milo drinks, kaya toast, soft-boiled eggs and gem biscuits in celebration of its 75th anniversary in Singapore. Shoppers were seen crowding around Milo displays and hoarding the chocolate malt drink. Videos circulated online of people 'massaging' Milo packets to identify the hidden toy and unboxing their hauls. Scalpers listed the plushie on resale platforms like Carousell for as much as S$200. Milo is not an outlier. Earlier this year, KFC launched sold-out Mofusand plushies. Last week, Pizza Hut started offering a limited-edition cheeseburger melts-shaped plushie you can add to any Cheeseburger Melt order for S$6.90. With more food brands jumping on the collectible plush bandwagon, one question begs to be asked: why are we biting? Or rather, why are we scrambling for plushies shaped like everyday food – Milo, kaya toast, eggs, burger melts – when the actual food items rarely get a square on our social media feed? FAST TOYS BY FAST BRANDS You could say that few things galvanise Singaporeans like the words 'free' and 'while stocks last'. The zero-price effect and engineered scarcity triggers our FOMO like clockwork – the fear of missing out on a good deal is arguably as Singaporean a trait as a love of good food. Truth be told, this is probably the main reason many of us continue to take our 15th free brand-labelled cooler box, Tupperware or tote bag that usually ends up in the deep abyss of our cupboards and storerooms. But this isn't just kiasu-ism at work. After all, you wouldn't expect to see someone's haul of gift-with-purchase cooler bags and Tupperwares on social media. Rather, at the heart of it, these collectible food plushies ride the popular TikTok and Instagram trend of unboxing videos, as well as the growing 'kidult' trend. Bonus points when items come in a blind box format – like the immensely popular Pop Mart collectibles. At first glance, it seems like a brilliant marketing idea. For a fraction of traditional advertising costs, this lands the brand on countless people's social media feeds, and perhaps even a spot in their living rooms, kitchens or bedrooms. But these strange bedfellows have a deeper impact. When companies primarily known for fast-moving consumer goods and fast food start producing 'fast toys' – meaning, they are cheap to produce and easy to dispose of – they turn everyday activities like eating and grocery shopping into a social sport. Like Pokemon GO, we are spurred by social media to collect them all, fuelling mindless consumption for performative rather than productive reasons. BEYOND THE HYPE, WHAT'S THE POINT? Every year, my helper and I put together a care package for her family back in the Philippines. We donate some of our own unused items still in good condition, and reach out to friends and family for their pre-loved items. No matter how many times we do this exercise, I still find myself shocked by the heaps of random stuff we Singaporeans amass. This year, added to the pile was a pristine haul of Hello Kitty plushies launched by McDonald's years ago, still in their original plastic wrapping. Once avidly collected by my uncle's niece, they have now become cast-offs. Moreover, not all pre-loved items have hand-me-down value. Novelty items like cheeseburger melts and Milo plushies are not likely to be on the Christmas list of most underprivileged children – meaning they are more likely to be eventually incinerated. Such products are designed to be TikTok and Instagram phenomena, and are thus known to have incredibly short trend cycles. In fact, the more hyped up the item is, the faster it's likely to lose its novelty factor, and consumers move on more quickly. At this point, it is worth noting that many of the brands on this bandwagon – including Pizza Hut, KFC and Milo – have made public declarations of sustainability efforts and pledges. For these brands, what is the legacy of launching a product that will result in thousands of stuffed plushies and their accompanying plastic wrapping soon turning up as trash headed for landfills and incinerators come the next brand anniversary? My family have been Milo drinkers for decades, and we noticed a few years ago that the brand had switched to paper straws to reduce plastic waste. However, these straws can become soggy and mushy if you take too long to finish your drink. To be fair, the quality of these straws has gotten significantly better over the years, but there's still room for improvement. If the brand could invest further towards creating a sustainable but more durable straw or find a way to keep straws protected without using more plastic wrapping, that would have more lasting benefits to consumers. In contrast, offering stuffed toys with purchases feel like the plushie equivalent of junk food – instant gratification without much lasting value for consumers. ADDING 'EMPTY CALORIES' TO OUR LIVES In the post-adulting era, 'kidulting' – embracing our inner child – has risen as a counterwave. This includes openly indulging our childhood love for 'kiddie' products, such as plushies and toys. But there is a key difference. While our childhood toys and adult collectibles were once cherished and kept for years, today's social media-fuelled obsessions feel fleeting – more for public performance than personal meaning. Are we buying a memory, or just feeding the machine of consumerism? Some meaningful questions to ask yourself: would you still want this toy in a year? Would you hug a cheeseburger melt, Milo packet or kaya toast to sleep? Even if you manage to get the full collection, would you display it prominently on your living room shelf and admire it on quiet weekend evenings? If you did display these everyday comestibles, would your house look like a space curated for your comfort, or a supermarket aisle decked out with promotional material? Most Singaporeans live in small spaces, so it helps to be selective about our purchases so that we don't end up having to declutter our home every few months, wasting precious hours, days and weeks of our lives – not to mention money. The fact is that brands churn out these items because of the demand for them. They've seen how similar gimmicks pay off for their competitors – if you were willing to open your wallet for one brand, why not the other? But keep in mind that every time we do open our wallets to one company, we're signalling to countless others that we want more.
