My earlier post on Sheng Siong stock was quite brief (you can read the post here), hence I am doing a follow-up post on this stock here. Coincidentally, around the time when my earlier post was put up, it was announced that Sheng Siong has acquired another site for a new supermarket at Tampines Central. The expansion of Sheng Siong’s stores can only translate into more revenue and also profits (if food price inflation and administration costs are kept reined in). I like shopping at Sheng Siong and can relate to the “wet-market experience” that Sheng Siong has always wanted to create for customers. The supermarket is also quite spacious and also, I can use my credit card to earn rebates from my shopping in Sheng Siong. Sheng Siong is one of the three main players in the Singapore’s supermarket scene (the other two are Fairprice and Giants). Seeing ......