Jumbo Group Limited

SINGAPORE (Feb 20): UOB KayHian remains positive on property stocks and REITs saying the raising of BSD (Buyers Stamp Duty) rate is more of revenue collection than a property cooling measure.

SINGAPORE (Feb 14): Jumbo Group, the F&B establishment, announced 1Q18 earnings dropped by nearly a fifth to $2.10 million, compared to $2.62 million in 1Q17.

SINGAPORE (Jan 4): Maybank Kim Eng is maintaining its “buy” call on Jumbo Group with a target price of 70 cents, implying 26 times FY18 earnings, which is on par with its regional peers.

SINGAPORE (Jan 4): Maybank Kim Eng is maintaining its “buy” call on Jumbo Group with a target price of 70 cents, implying 26 times FY18 earnings, which is on par with its regional peers.

SINGAPORE (Dec 19): The Jumbo Group of Restaurants, a wholly-owned subsidiary of Jumbo Group, has entered into a franchise agreement with Ho Sing Food for the latter to establish and operate the Jumbo Seafood brand of restaurants in Taiwan.

SINGAPORE (Dec 19): The Jumbo Group of Restaurants, a wholly-owned subsidiary of Jumbo Group, has entered into a franchise agreement with Ho Sing Food for the latter to establish and operate the Jumbo Seafood brand of restaurants in Taiwan.

SINGAPORE (Dec 13): Maybank Kim Eng has resumed coverage of restaurant operator Jumbo Group with a “buy” and target price of 70 cents, which implies 26 times FY18E earnings per share (EPS) – on par with its regional food and beverage (F&B) peers.

SINGAPORE (Nov 28): Jumbo Group has opened of its fifth Jumbo Seafood outlet in China and its fourth Jumbo Seafood outlet in Shanghai.

SINGAPORE (Nov 27): DBS Group Research is maintaining its “hold” call on restaurant operator Jumbo Group with a lower target price of 61 cents, based on 23 times FY18 earnings pegged to the group's historical average.

SINGAPORE (Nov 24): Jumbo F&B group reported a 6.7% fall in FY17 earnings to $14.5 million from $15.5 million a year ago on higher employee and operating lease expenses.