Jumbo Group

Broker's Calls

CGS-CIMB keeps ‘add’ on Jumbo Group with lower TP of 36 cents

Despite anticipated growth in Jumbo Group's Singapore businesses, its Chinese operations will see a slower ramp up in footfall.
SAC Capital lifts Jumbo Group's target price and earnings upon return of Chinese tourists - THE EDGE SINGAPORE

Broker's Calls

SAC Capital lifts Jumbo Group's target price and earnings upon return of Chinese tourists

SAC Capital's Yeo Peng Joon has also upped his earnings estimates for FY2023 to FY2024 by 16% to 76%.

Broker's Calls

CGS-CIMB raises Jumbo's target price to 40 cents

Jumbo's Singapore revenue was up 134% y-o-y

Insider moves

Jumbo and Thakral in the buyback spotlight

Jumbo has bought back more shares at higher prices

F&B sector

Jumbo opens its first franchised outlet in Cambodia

The first Jumbo Seafood outlet in Phnom Penh is located at the newly opened Chip Mong 271 Mega Mall
Jumbo has clawed out of the red, ‘'ignificant return to profitability' ahead: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Jumbo has clawed out of the red, ‘significant return to profitability' ahead: CGS-CIMB

Jumbo returned to profitability in 2HFY2022 with net profit of $4.4 million, ending FY2022 with a loss of $0.1 million.

Broker's Calls

Jumbo is a beneficiary of the reopening

Thanks to the reopening, Jumbo's outlook is looking good and SAC Capital is initiating a 'buy' call on the stock.

Results

Jumbo back in the black for 2HFY2022

The company prefers not to pay a dividend for now

Company in the news

Jumbo Seafood opens first franchised outlet in Hanoi

Jumbo celebrates its expansion in Vietnam with its first Hanoi outlet.
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