Food Empire

UOB Kay Hian cites BRC Asia, Food Empire, Frencken and InnoTek as small-mid cap picks - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian cites BRC Asia, Food Empire, Frencken and InnoTek as small-mid cap picks

UOB Kay Hian analyst John Cheong and the Singapore research team have highlighted BRC Asia, Food Empire, Frencken and InnoTek as its top buy picks among the small-mid cap sector.

The worst is over for Food Empire: RHB - THE EDGE SINGAPORE

Broker's Calls

The worst is over for Food Empire: RHB

Despite the resurgence of Covid-19 in Food Empire’s core markets, RHB Group Research believes that the group’s latest 3QFY2020 results were decent.

Food Empire posts 19.5% drop in 3Q profit to $8.5 mil - THE EDGE SINGAPORE

Results

Food Empire posts 19.5% drop in 3Q profit to $8.5 mil

Food Empire announced in its business update on Nov 11 that its 3QFY2020 net profit after tax has fallen some 19.5% to US$6.3 million ($8.5 million) from US$7.8 million a year ago.

Food Empire poised for a caffeine driven growth - THE EDGE SINGAPORE

Broker's Calls

Food Empire poised for a caffeine driven growth

RHB Group Research is keeping its “buy” recommendation on Food Empire with a target price of 75 cents, as analyst Juliana Cai believes that the group is poised for earnings recovery I 3QFY2020 and

Briefs - THE EDGE SINGAPORE

Global Economy

Briefs

Quoteworthy: "This administration has forfeited their right to re-election." –— Joe Biden’s running mate Senator Kamala Harris, condemning President Donald Trump and his administra

The Edge Singapore wins at SGX Orb Awards - THE EDGE SINGAPORE

Special Event

The Edge Singapore wins at SGX Orb Awards

The Edge Singapore took home an award at the SGX Orb Awards on Oct 7, after receiving three nominations across two categories — the most nominations from a single publication.

953 Brokers' Digest - THE EDGE SINGAPORE

Broker's Calls

953 Brokers' Digest

BYD
Price target:
UOB Kay Hian “buy” HK$150

Broker's Calls

Food Empire's coffee empire is gradually strengthening as lockdown measures ease

The Covid-19 pandemic is slowly improving in some countries, with lockdown measures easing and market activities resuming.

Broker's Calls

Consumer staples ThaiBev, Food Empire to be least affected by Covid-19: RHB

Rising optimism in the market may buoy the consumer sector in the coming quarters, though rising unemployment and overall economic toll from Covid-19 still remain causes for concern, say

Broker's Calls

Bright outlook for Food Empire as countries start to wake up and smell the coffee

RHB Group Research is keeping its “buy” call on Food Empire with a target price of 75 cents as the stock turned out to be more resilient than expected amid the Covid-19 pandemic.

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