Sheng Siong Group – RHB Invest 2022-05-24: Beneficiary Of Rising Inflation; Upgrade To BUY

May 24, 2022
Posted by: AliensFaith
Category: OBJECTIVE PRESS

SHENG SIONG GROUP LTD (SGX:OV8)

Sheng Siong Group – Beneficiary Of Rising Inflation; Upgrade To BUY

Sheng Siong (SGX:OV8) has proven that it can maintain margins under the circumstances of rising prices. Also, after the euphoria related to the re-opening of borders and the Singaporean economy is over, we expect consumer expenditure levels to tone down, while home cooking activities pick up to normal levels again.

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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Sheng Siong Group – RHB Invest 2022-05-24: Beneficiary Of Rising Inflation; Upgrade To BUY

Sheng Siong Group – Beneficiary Of Rising Inflation; Upgrade To BUY

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