[New post] CIMB: Sheng Siong Group – HOLD TP $1.50 (Previous $1.60)

alanyeo posted: " Good times coming to an end Singapore's continued tight mobility restrictions boosted SSG's 3Q21 results. Key positive was a continued uptrend in GPM to a record 29.0%.Ongoing mobility restrictions point to a strong 4Q, but we remain caution on elevat" New post on Alpha Edge Investing CIMB: Sheng Siong Group – HOLD TP $1.50 (Previous $1.60) by alanyeo Good times coming to an end Singapore's continued tight mobility restrictions boosted SSG's 3Q21 results. Key positive was a continued uptrend in GPM to a record 29.0%. Ongoing mobility restrictions point to a strong 4Q, but we remain caution on elevated demand tapering off and threats from e-commerce in FY22F. Reiterate Hold, with a lower […] Read more of this post alanyeo | November 1, 2021 at 3:08 pm | Tags: Sheng siong | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-5HP Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2021/11/01/cimb-sheng-siong-group-hold-tp-1-50-previous-1-60/