Koufu Group

Broker's Calls

938 Brokers' Digest

Koufu Group
Price target:

DBS Group Research “BUY” 75 cents
CGS-CIMB “Add” 86 cents

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

Retail REITs, retail and transport stocks poised to benefit from circuit breaker exit: DBS

SINGAPORE (June 1): As Singapore begins to ease the circuit breaker (CB) measures starting with Phase 1 on June 2, several stocks and real estate investment trusts (REITs) could emerge as beneficia

Broker's Calls

Koufu's FY20 earnings hit by coronavirus in Macau; still a 'buy' on strong fundamentals

SINGAPORE (Feb 14): DBS Group Research is keeping its “buy” recommendation on food court operator Koufu, with a reduced target price of 84 cents from 88 cents previously.

Investing ideas

STI valuations not stretched but investors should stay defensive, says UOB Kay Hian

SINGAPORE (Jan 23): Despite 2019 ending on a cheerful high, markets turned jittery when the new year started with old enemies US and Iran provoking each other, raising tensions in the Middle East a

Broker's Calls

Brokers’ Digest

UMS Holdings

Price targets:

$1.13 BUY (Maybank Kim Eng Research)

$1.08 BUY (DBS Group Research)

79 cents HOLD (CGS-CIMB Research)

Broker's Calls

Take a bite out of these 4 consumer stocks this year: DBS

SINGAPORE (Jan 6): Retail sales in Singapore saw an overall drop in 2019, but the F&B and online components of retail sales saw some growth.

Joint ventures and alliances

Koufu enters into another JV for Indonesian expansion after first JV failed to take off

SINGAPORE (Dec 18): Koufu Group announced that its subsidiary, Super Tea, has entered into a joint venture with PT Berkah Cipta Adirasa to develop, establish, manage and operate Super Tea's food an

Investing ideas

New outlet openings to feed Koufu's hunger for earnings

SINGAPORE (Nov 5): DBS Group Research is staying positive on Koufu Group, on the back of a flurry of new store openings which has driven earnings growth.

M&A

Will BreadTalk's $80 mil acquisition of Food Junction be too hard to swallow?

SINGAPORE (Sept 3): BreadTalk Group is licking its chops at the acquisition of Food Junction Management, which would make BreadTalk the third-largest foodcourt operator in Singapore behind NTUC Ent

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