The recent share price being sold down from $1.015 to 92 cents could be due to an over emphasis of Amazon prime may affect their rev.
The 3rd qtr result of which just announced a few days ago .saw net profits rises 11.6% ..
I think price would likely move up in time to come .
SHENG SIONG has been growing and expanding his business rev/net profit as being reported on its financial report .
I have roughly worked out the DCF Cash flow value of $1.525 taking into consideration the CAGR of 15.51%. Discount factor of 8%.
Let factor in the further discount of 0.85 X $1.525 = $1.295 or let say we compute extra discount at 0.8 x $1.525 = $1.22.
Dividend of 3.7 cents p.a. Yield is about 3.9%( current price of 94cents).
Looking into their past 5 years financial results you may notice the Net Income has been gently rising. This is rather a healthy sign.
ROE is growing at a higher percentage level of 23% (63.3 / 271.8).
Operating Cash flow has also been rising for the past five years:
I think current price of 94 cents still has rooms for further upwards move towards $1.00 then $1.10 with extension to $1.20.
( Trade base on your own decision)