$SHENG SIONG GROUP LTD(OV8.SI)$ It is sad to see Sheng Siong's share price taking a beating lately. However I believe it is still a great stock to hold long term.
Here is why:
1. Sheng Siong has solid fundamentals. Its revenue has seen a steady climb over the past few years. Therefore its net profit has also grown steadily too.
2. It pays dividends regularly
3. It has low debt levels
4. It has a solid Balance Sheet with great Free Cash Flow
5.It has a great management team
Sheng Siong is a very resilient business being the 3rd largest supermarket retailer in Singapore. With its focus to provide cost savings and quality essential products to Singaporeans, Sheng Siong will be here to stay for a very long time.
I believe in Sheng Siong and intend to hold it long term.
@小虎活动 - Earnings Season
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