Jumbo Group

Tea off - THE EDGE SINGAPORE

Dine in

Tea off

Enjoy afternoon teatime treats at Tsui Wah with Hong Kong-style savoury bites

Sector Focus

Appetites awaken as Covid-19 measures relax

Following the relaxation of Covid-19 restrictions imposed during the “circuit breaker” period, consumers are out and about again, giving business to restaurants and other F&B outlets.

Billion Dollar Club 2020

Overall sector winner Stamford Land leads in earnings growth as well

In contrast to the Billion Dollar Club, where Genting Singapore hogged all the different categories, the Centurion Club winners for this sector are more diverse.

Far East's Ng nibbles on Jumbo; Sian Chay takes stake in Singapore Paincare - THE EDGE SINGAPORE

Insider moves

Far East's Ng nibbles on Jumbo; Sian Chay takes stake in Singapore Paincare

Jumbo Group recently acquired a 75% stake in famous wanton mee stall Kok Kee for $2.1 million from owner Leong Goh Lian.

Brokers' Digest 962 - THE EDGE SINGAPORE

Broker's Calls

Brokers' Digest 962

Lendlease Global Commercial REIT
Price target:
UOB Kay Hian “buy” 97 cents

Beneficiary of Orchard Road rejuvenation

F&B sector

Jumbo to focus on local customers while waiting for return of tourists

Tourists cannot go back to their home countries and claim they have visited foodie paradise Singapore if they have not eaten its version of chilli crab and bak kut teh.

Insider moves

Imperium Crown shareholder Wee, Hanwell director Tang raise stakes in respective firms

Henry Wee, a substantial shareholder of Imperium Crown, increased his stake in the company to more than a quarter.

Broker's Calls

Phase 2 to benefit F&B players at expense of grocery retailers: analysts

SINGAPORE (June 17): As Singapore is expected to enter Phase 2 of the reopening of its economy on June 19, F&B players are poised to benefit from the increase in traffic flow, according to anal

Broker's Calls

This stock has lost its flavour

SINGAPORE (May 18): Analysts are losing their appetite for Jumbo as this stock has lost its flavour.

Results

Jumbo Group suffers 71.5% earnings drop

SINGAPORE (May 14): The Covid-19 outbreak has caused restaurant operator Jumbo Group to suffer a 71.5% y-o-y drop in earnings to $2.1 million for its 1HFY20 ended March 31.

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