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Companies To Watch: Sheng Siong slides after OCBC downgrade despite Budget boost
Published 7 months, 2 weeks ago
Description
Sheng Siong is back in focus after OCBC downgraded the supermarket operator to “hold”, citing stretched valuations following a strong 2025 rally.
Dan Koh and Emaad Akhtar examine whether fundamentals justify the premium pricing, how Budget 2026’s CDC vouchers could help stabilise demand, and what investors should monitor next.
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