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 3.75% ( current price of 99 cents).
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 99 cents still has rooms for further upwards move towards $1.10 then $1.20.
( Trade base on your own decision)