Jumbo Group Limited

SINGAPORE (June 27): Singapore’s first Tsui Wah opened in Clarke Quay on Jun 15 by Jumbo Group and saw positive responses with many people queueing to enter to restaurant.

SINGAPORE (June 25): CGS-CIMB Securities is initiating coverage on Jumbo Group with an “add” recommendation and target price of 62 cents, which is based on 23 times CY19F earnings, below its regional peer average of 24.7 times against a three-year EPS

SINGAPORE (June 25): CGS-CIMB Securities is initiating coverage on Jumbo Group with an “add” recommendation and target price of 62 cents, which is based on 23 times CY19F earnings, below its regional peer average of 24.7 times against a three-year EPS

SINGAPORE (May 28): Jumbo Group has opened its sixth China outlet under the Jumbo Seafood brand in Xi’an within Xi’an SKP, the second luxury shopping mall under the SKP brand following Beijing SKP.

SINGAPORE (May 28): Jumbo Group has opened its sixth China outlet under the Jumbo Seafood brand in Xi’an within Xi’an SKP, the second luxury shopping mall under the SKP brand following Beijing SKP.

SINGAPORE (May 14): Jumbo Group announced earnings of $4.3 million for the 2Q ended March, down by 23.9% from its 2Q17 earnings of $5.7 million due to higher expenses mainly incurred as part of the group’s ongoing expansion.

SINGAPORE (Mar 12): Maybank Kim Eng is maintaining its “buy” call on Jumbo Group with a target price of 70 cents.

SINGAPORE (Mar 9): Jumbo Group is partnering Kang Wang Holdings to start and operate the Tsui Wah brand of "cha chaan tengs" in Singapore.

SINGAPORE (Feb 20): Maybank is maintaining its “buy” call on Jumbo with an unchanged price target of 70 cents even after the group’s 1Q18 earnings came in below expectations at only 12% of the research house’s FY18E forecasts and at 13% of consens

SINGAPORE (Feb 20): Singapore ended 2017 with a bumper budget surplus of $9.6 billion, the highest in the last 20 years.