Jumbo Group

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.


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.


Jumbo expects 'significant decline' in 1HFY2020 profits as Covid-19 restrictions batter operations

SINGAPORE (May 4): Restaurant chain operator Jumbo Group is expecting to report a “significantly lower prof

Broker's Calls

As people flock to supermarkets, analysts recommend to rush to buy these supermarket stocks

SINGAPORE (Apr 22): As Singapore announced yesterday that it will extend the existing circuit breaker

Broker's Calls

DBS loses appetite for Jumbo amid Covid-19 restrictions

SINGAPORE (Mar 25): DBS is downgrading its recommendation on Jumbo to “hold” from “buy” previously with a lowered target price of 18 cents from 38 cents previously.

Broker's Calls

Jumbo cut to 'hold' as coronavirus outbreak expected to eat into restaurant business

SINGAPORE (Feb 13): UOB Kay Hian has downgraded seafood restaurant chain Jumbo Group to “hold” from “buy” previously, and slashed its target price by 27% to 32 cents.

Company in the news

Jumbo opens maiden bak kut teh and chicken rice restaurants in Shanghai

SINGAPORE (Dec 16): Jumbo Group, the food and beverage (F&B) operator, has opened its first Ng Ah Sio Bak Kut Teh and Xinyao Hainanese Chicken Rice restaurants in China.

Investing ideas

Analysts keep up ravenous appetite for Jumbo

SINGAPORE (Nov 27): Analysts are still hungry for more of Jumbo even after the group's revenue came in flat at about $153.6 million in FY19 from $153.7 million in FY18.


Jumbo posts 5.9% rise in FY19 earnings to $11.7 mil even as revenue stalls

SINGAPORE (Nov 27): Restaurant chain operator Jumbo Group reported a 5.9% increase in full-year earnings to $11.7 million for FY2019 ended September, from $11.0 million a year ago.

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