Home Capital Broker's Calls

This F&B stock remains a sumptuous 'buy', says Phillip Capital

Michelle Zhu
Michelle Zhu2/15/2018 02:13 PM GMT+08  • 2 min read
This F&B stock remains a sumptuous 'buy', says Phillip Capital
SINGAPORE (Feb 15): Phillip Capital is maintaining its “buy” call on Old Chang Kee with a following the group’s release of its 9M18 results, which came in at 78% of the research house’s full year expectations.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Feb 15): Phillip Capital is maintaining its “buy” call on Old Chang Kee with a following the group’s release of its 9M18 results, which came in at 78% of the research house’s full year expectations.


See: Old Chang Kee posts 9.3% decline in 3Q earnings to $1.2 mil on higher expenses

In a Thursday report, analyst Soh Lin Sin highlights the group’s strong sales, as demonstrated over 9M18, which is reflective of its continuous efforts to innovate new products and subsequently stimulate demand, in her view.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now