Despite Sheng Siong stock slide, reason for optimism remains in business outlook: Analysts
Full story
Sheng Siong experienced a 15 per cent drop in share price over three trading sessions. This decline occurred after the company mentioned a competitive grocery retail environment in its third-quarter results. Despite the stock slide, analysts maintain an optimistic view of the business outlook.
Sheng Siong’s share price tumbled 15 per cent over three trading sessions after it flagged a competitive grocery retail landscape in its third-quarter results.