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Food Empire Holdings
Broker's Calls
Maybank Securities maintains 'buy' with higher TP of $1.36 for Food Empire Holdings as robust demand ensues
Revenue growth for Food Empire was due to strong demand from its core markets in Russia and Ukraine, despite the ongoing war.
August 15, 2023
Broker's Calls
With growth on track, RHB reiterates 'buy' call and $1.39 for Food Empire
Food Empire shares have gained 18% since March 16
July 05, 2023
Broker's Calls
Maybank maintains 'buy' call on Food Empire
'We believe management is also exploring other ways to unlock value for shareholders'
June 26, 2023
Broker's Calls
Brokers' Digest: Far East Hospitality Trust, ST Engineering, Food Empire Holdings
See what the analysts have to say this week.
May 12, 2023
Results
Food Empire reports 50.9% earnings growth of US$13.8 mil for 1QFY2023
1QFY2023 revenue increased by 24.2% y-o-y to US$102.6 million.
May 11, 2023
Funds
W Capital Markets launches private equity fund, targets $20 mil by end 2023
W Capital's Wayne Lee calls 2023 a “great vintage year” to establish a new fund due to several factors. Here's why.
April 05, 2023
Broker's Calls
Brokers' Digest: Food Empire, Lendlease Global Commercial REIT, Raffles Medical Group, SembMarine, Choo Chiang Holdings
See what the analysts have to say this week.
April 01, 2023
Broker's Calls
RHB lifts Food Empire's TP to $1.39 as its earnings outlook remains firm
The new target price is based on Food Empire’s FY2023 P/E of 10x.
March 16, 2023
Broker's Calls
Analysts positive on Food Empire after record earnings and dividend payout for FY2022
Analysts from UOB Kay Hian and Maybank have maintained their “buy” calls with higher TPs of $1.28 and $1.29 respectively.
March 02, 2023
Results
Food Empire reports 4.2 times surge in 2HFY2022 earnings of US$33.0 mil
The group has declared a first and final dividend of 4.4 cents for the period, up from FY2021's total of 2.2 cents per share.
February 27, 2023