One of my favorite stocks which I am tracking is Sheng Siong Group, a supermarket chain in Singapore. The supermarket industry in Singapore is very competitive, with several big players like NTUC Fairprice and Giant. But Sheng Siong manages to stay very profitable for the past few years and overcome the challenges in the business environment such as increasing inflationary pressures and foreign labour restrictions. Supermarket is a recession proof industry, after all, whether its good or bad economies, retailers still need to buy household groceries. Management of Sheng Siong should remain prudent in its expansion plans and should consider making more of its outlets 24 hours operations so as to increase revenue.With effect from 1 Oct 2013, 10 more outlets will also serve customers 24 hours daily. These outlets are located at: 1. Bedok Central 209: BLK 209 New Upper Changi Rd #01-631/#02-631 2. Bedok North ...