Jumbo Group Limited

Broker's Calls

Jumbo kept at 'add' by CGS-CIMB on new ION outlet

SINGAPORE (Dec 14): CGS-CIMB is maintaining its “add” call on Jumbo Group with a target price of 54 cents, in view of robust earnings growth in FY19 and possible margin uplift on tighter cost control.

Broker's Calls

Jumbo kept at 'add' by CGS-CIMB on new ION outlet

SINGAPORE (Dec 14): CGS-CIMB is maintaining its “add” call on Jumbo Group with a target price of 54 cents, in view of robust earnings growth in FY19 and possible margin uplift on tighter cost control.

Food & Beverage

Jumbo opens first Singapore mall-based restaurant outlet at ION Orchard

SINGAPORE (Dec 12): Jumbo Group today opened its sixth Jumbo Seafood outlet in ION Orchard, Singapore, bringing its total number of Jumbo Seafood branded restaurants across Asia to 17.

Food & Beverage

Jumbo opens first Singapore mall-based restaurant outlet at ION Orchard

SINGAPORE (Dec 12): Jumbo Group today opened its sixth Jumbo Seafood outlet in ION Orchard, Singapore, bringing its total number of Jumbo Seafood branded restaurants across Asia to 17.

Results

Jumbo reports 23.8% lower FY18 earnings on higher cost of sales, manpower expenses

SINGAPORE (Nov 21): Jumbo Group, the seafood restaurant operator, reported FY18 earnings of $11.0 million, 23.8% lower compared to the earnings of $14.5 million in FY17.

Broker's Calls

Jumbo kept at 'add' on raid regional expansion mode although costs may escalate

SINGAPORE (Oct 5): Jumbo Group is rapidly expanding into new cities in Asia and opening more seafood franchise outlets over the next four years.

Jumbo Seafood restaurant opens in Taichung

SINGAPORE (Sept 27): Jumbo Group has opened a Jumbo Seafood restaurant in Taichung city, Taiwan.

Jumbo Seafood restaurant opens in Taichung

SINGAPORE (Sept 27): Jumbo Group has opened a Jumbo Seafood restaurant in Taichung city, Taiwan.

Broker's Calls

Jumbo to continue facing near-term cost pressures with ongoing expansion: DBS

SINGAPORE (Aug 14): DBS Group Research is maintaining “hold” on Jumbo Group with a lower target price of 57 cents based on 23 times FY19F earnings.

Broker's Calls

Jumbo to continue facing near-term cost pressures with ongoing expansion: DBS

SINGAPORE (Aug 14): DBS Group Research is maintaining “hold” on Jumbo Group with a lower target price of 57 cents based on 23 times FY19F earnings.
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