Food Empire Holdings

'Buy' Food Empire on potential increase in ASPs, possibility of privatisation: RHB - THE EDGE SINGAPORE

Broker's Calls

'Buy' Food Empire on potential increase in ASPs, possibility of privatisation: RHB

1QFY2021 is likely to be Food Empire’s weakest quarter for 2021, even though it yielded numbers that outperformed RHB's estimates.
Food Empire reports earnings of US$6.8 mil for 1QFY21 - THE EDGE SINGAPORE

Results

Food Empire reports earnings of US$6.8 mil for 1QFY21

The company suffered from lower forex losses but got to bear higher freight and raw material costs
RHB stays 'overweight' on small-mid caps, picks Food Empire and HRnet among recovery plays - THE EDGE SINGAPORE

Broker's Calls

RHB stays 'overweight' on small-mid caps, picks Food Empire and HRnet among recovery plays

Other picks include Frencken Group and Fu Yu Corp on the positive outlook for the semiconductor industry.
RHB's Seet bets on Straco and Marco Polo as recovery plays; Food Empire for growth - THE EDGE SINGAPORE

Investing ideas

RHB's Seet bets on Straco and Marco Polo as recovery plays; Food Empire for growth

Straco Corp, Food Empire Holdings and Marco Polo Marine among RHB’s stocks to watch in 2021
'Buy' Food Empire Holdings on expectations of 'record earnings': UOB Kay Hian - THE EDGE SINGAPORE

Broker's Calls

'Buy' Food Empire Holdings on expectations of 'record earnings': UOB Kay Hian

The analysts have also upped Food Empire’s target price to $1.30 from 95 cents, on the company’s “compelling valuations".
Food Empire receives SGX query after share price closed 18.1% higher - THE EDGE SINGAPORE

SGX query

Food Empire receives SGX query after share price closed 18.1% higher

Shares in Food Empire closed further up at 13.5 cents higher or 18.1% up at 88 cents on Feb 3.
UOB KH’s top picks are First Resources, Sunpower, Food Empire - THE EDGE SINGAPORE

Broker's Calls

UOB KH's top picks are First Resources, Sunpower, Food Empire

UOB KH rates “buy” for First Resources, Sunpower and Food Empire, with target prices of $1.85, $1.10 and 88 cents, respectively.

Broker's Calls

Small, mid-cap stocks performed better than expected in 1H: UOBKH

Who says small and mid-cap stocks cannot do well too?

Broker's Calls

Consumer staples ThaiBev, Food Empire to be least affected by Covid-19: RHB

Thai Beverage is RHB’s top pick for the sector, which also includes Food Empire, Kimly, Sheng Siong, Dairy Farm, Delfi, Japan Foods, Genting Singapore and Jumbo Group.

Broker's Calls

937 Brokers' Digest

Here are three stocks to watch for the week: Food Empire, Dairy Farm International, and Suntec REIT.
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