RedMart is a Singapore-based online grocer that offers competitive prices on a wide range of groceries and household essentials with the convenience of home delivery 7 days a week. RedMart was founded in March 2011 by Roger Egan, Vikram Rupani, and Rajesh Lingappa and is backed by well-respected investors and advisors, including Garena, Toivo Annus (Skype Co-founder), Eduardo Saverin (Facebook…
Tag: Sheng Siong
Sheng Siong Group (SSG) – a dividend play during volatile periods | Stock Review | Singapore Stock Market
Sheng Siong Group (SSG) offers a good defensive play especially during volatile Singapore stock market conditions. It has strong fundamentals and healthy balance sheet. Key strengths/Prospects: 1) Supported by strong domestic demands & good marginsFresh produce contributes about 30% to its revenue, with strong gross profit margins ranging from 21% toas high as 30%.No matter its good or bad days,…