The stock prices of most cyclical stocks on the Singapore stocks markets have been shaped by the economical news from the United States as well as the low oil prices, so for today, I will be talking about a more defensive stock and this stock is none other than Sheng Siong stock. I will not be talking about the financial figures for this stock but rather touch on the more qualitative aspects of this stock. Sheng Siong supermarkets are well-known to Singaporeans and I have always noted that Sheng Siong supermarkets are always quite packed with shoppers, this bodes well for the business of Sheng Siong. For revenue-drivers, it is only logical for Sheng Siong to open more supermarkets as its company-growth strategy and this is mentioned in its annual report. The bids for plots of land to build another supermarkets are quite competitive and Sheng Siong has explored the ......