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food and beverage (F&B) stocks
Broker's Calls
Old Chang Kee kept at ‘buy’ on new factory and expansion
SINGAPORE (Aug 21): Phillip Capital is maintaining its “buy” call on Old Chang Kee as it expects the group’s newly constructed factory which will be commencing in 3Q18 to yield manufacturing efficiencies and new product offerings.
August 21, 2017
Results
Old Chang Kee posts 28% drop in 1Q earnings to $0.7 mil
SINGAPORE (Aug 14): Old Chang Kee announced that its 1Q18 earnings dropped 27.7% to $667,000 compared to $923,000 the previous year.
August 14, 2017
In print this week
Food for thought on BreadTalk
SINGAPORE (Feb 3): Several food and beverage (F&B) stocks are trading close to their 52-week highs after a recent rally, and the sector now looks expensive.
February 03, 2017