TeckLeong
2021-10-29

$SHENG SIONG GROUP LTD(OV8.SI)$Sheng Siong OV8: The supermarket operator reported a 8.3 per cent rise in Q3 FY21 net profit to S$34.4 million from a year ago in a bourse filling after end of trading on Thursday (Oct 28). This was driven by higher revenue and improved sales mix that included products with higher margins. The counter closed down 0.7 per cent or S$0.01 to S$1.42 on Thursday.

Will this translate to more interest in this share? Or only lockdown can do that? What doyou think?

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精彩评论

  • KinKat
    2021-11-02
    KinKat
    IMO, Q3 good results will likely arrest recent decline in share price. Towards end-Q4, price may strengthen on expectation of next Div

    S'pore expansion will be limited but China good. Need patience

  • KinKat
    2021-11-02
    KinKat
    Q4 looks promising as current dining restrictions continue & will likely result in a good increase YoY. However, it's unlikely to surpass FY20.
  • KinKat
    2021-11-02
    KinKat
    Altho' Q3 YoY saw a good increase in Revenue & Profit, 9M YoY is still lower due to Q2 big jump last year from CB
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