Sheng Siong Group Ltd (SGX: OV8) should be a familiar household name in Singapore.
The supermarket chain has a total of 63 outlets that are located mainly in the heartland areas, serving Singaporeans who live in HDB estates.
The group offers a wide assortment of products ranging from live fish and fresh seafood alongside a range of household items and essentials.
What many investors may not realise is that the supermarket operator also qualifies as a great investment over the years.
Not only does the retailer offer a sweet mix of dividends and growth, but its business has also remained resilient during this pandemic.
It’s useful to conduct a theoretical exercise to compute how much money you’d end up with if you had invested in Sheng Siong back in July 2016.
Such examples illustrate the beauty of long-term investing and show how your money can compound if invested in the right businesses....