In today’s briefing:
- Sheng Siong Group Ltd: Inflection Point for a Great Performer
- Retail Investors’ Bold Moves Amid STI’s Volatile April

Sheng Siong Group Ltd: Inflection Point for a Great Performer
We analysed Sheng Siong’s success over the years to see what its secret sauce is and what made the retailer so successful.
It has punched its weight above its competitors with a set of strong financial metrics. Its ability to generate free cash flow and achieve a high return on equity are truly impressive.
However, Sheng Siong is at an inflection point now as its revenue and net profit have stagnated since the pandemic.
Retail Investors’ Bold Moves Amid STI’s Volatile April
- Retail investors net bought S$1.165 billion in Singapore stocks in early April, primarily DBS, OCBC, and UOB.
- Retail net buying reversed by S$253 million after April 14, with Singtel being the most net sold stock.
- IMF downgraded 2025 global growth outlook to 2.8%, citing trade tensions and potential impacts on ASEAN growth.
