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Jumbo Group Limited
Investing ideas
Jumbo's rapid expansion may have caused 3Q earnings miss but growth thesis stays intact
SINGAPORE (Aug 13): Jumbo Seafood restaurants serve up Singaporean-style Chinese seafood cuisine that is popular with locals and tourists alike.
August 13, 2019
Results
Jumbo posts 24.8% drop in 3Q earnings to $1.7 mil amid renovation closure, higher costs on outlet openings
SINGAPORE (Aug 7): Restaurant operator Jumbo Group saw its earnings fall 24.8% to $1.7 million for the 3Q19 ended June amid operational costs incurred from its new restaurants.
August 07, 2019
Jumbo goes Gangnam; brings total seafood restaurants in Asia to 18
SINGAPORE (July 17): Jumbo, the F&B group, is opening its first franchised Jumbo seafood restaurant in Seoul.
July 17, 2019
Jumbo goes Gangnam; brings total seafood restaurants in Asia to 18
SINGAPORE (July 17): Jumbo, the F&B group, is opening its first franchised Jumbo seafood restaurant in Seoul.
July 17, 2019
Broker's Calls
Jumbo Group started at 'buy' by RHB on store openings, expansion of franchisee network
SINGAPORE (June 21): RHB Research is initiating coverage of Jumbo Group with a “buy” and a target price of $0.47 as the stock is expected to rerate upwards on the back of store openings and an expansion of its franchisee network.
June 21, 2019
Broker's Calls
Jumbo Group started at 'buy' by RHB on store openings, expansion of franchisee network
SINGAPORE (June 21): RHB Research is initiating coverage of Jumbo Group with a “buy” and a target price of $0.47 as the stock is expected to rerate upwards on the back of store openings and an expansion of its franchisee network.
June 21, 2019
Broker's Calls
Jumbo's strong operations in Singapore to help offset softer performance in China
SINGAPORE (May 31): UOB Kay Hian is reiterating its “hold” recommendation on Jumbo Group with a target price of 41 cents and an entry price of 32 cents.
May 31, 2019
Broker's Calls
Jumbo's strong operations in Singapore to help offset softer performance in China
SINGAPORE (May 31): UOB Kay Hian is reiterating its “hold” recommendation on Jumbo Group with a target price of 41 cents and an entry price of 32 cents.
May 31, 2019
Results
Jumbo posts 18.4% increase in 2Q earnings to $5.1 mil on lower costs and expenses; declares 0.5 cents interim dividend
SINGAPORE (May 14): Jumbo Group’s 2Q19 earnings have increased by 18.4% to $5.1 million, compared to $4.3 million in 2Q18.
May 14, 2019