Shares & Derivatives
Is Sheng Siong a Good Dividend Buy?
By InvestingNote  •  March 14, 2023
I won’t say Sheng Siong is cheap byany of the traditional ways today. This post was originally posted here. The writer, Willie Keng is a veteran community member and blogger on InvestingNote, with a username known as @Willie and has close to 140 followers. And given the fact it’s biggest market istiny island Singapore, I don’t think shares look cheap unlike what manyanalysts are projecting. Having said that, I find Sheng Siong possesses a safe,“low-risk” business qualities. But does is it mean it’s a buy at today’s price? Well, let’s find out. Why Sheng Siong punches above its weight There are many problems Singapore companiesface – lack of a large market, intense competition and especially, risingoperating costs.These are top issues supermarket chains face. But what I’mlooking at is companies focusing on a particular niche that big players bigplayers are unwilling to thread – a niche. And that’s where Sheng Siong stands out. The thing is,...
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By InvestingNote
InvestingNote is Singapore’s first & largest community-driven platform where investors and traders from all levels connect and share ideas with one another.
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