Brokers' take

Sheng Siong Group > Buy DBS Group Research, Oct 27 Oct 27 close: S$0.94 Target price: S$1.19

DESPITE the opening of Amazon Prime, there was no letup operationally. In fact, margins and sales parameters grew stronger y-o-y (year-on-year). This was partly due to closure of the Verge store, which was performing weaker than the rest of the stores. Three more stores (Woodlands Street 12 - 11,800 sq …