Shares & Derivatives
If You Invested S$10,000 in Sheng Siong in 2016, Here’s How Much You’d End Up With
By The Smart Investor  •  July 29, 2021
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....
Read the full article
By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance