Kimly

UOB Kay Hian keeps ‘hold’ rating on Kimly, but lowers target price as appetite for future food stalls drops  - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian keeps ‘hold’ rating on Kimly, but lowers target price as appetite for future food stalls drops

The analysts think that fewer new coffeeshops and food stalls can be expected in the near future.

Results

Kimly reports better revenue for FY2022 but earnings drop on higher costs

Kimly plans to pay a final dividend of 1.12 cents, bringing the FY2022 total to 1.68 cents, representing a payout ratio of 61.4%.
Riding on 'spectacular boom', The Hour Glass sweeps this category clean - THE EDGE SINGAPORE

Billion Dollar Club 2022

Riding on 'spectacular boom', The Hour Glass sweeps this category clean

"Demand for high-end watches is so voracious that supply cannot keep up"
Purchase consideration for confectionary business 'fair', CGS-CIMB maintains 'hold' on Kimly  - THE EDGE SINGAPORE

Broker's Calls

Purchase consideration for confectionary business 'fair', CGS-CIMB maintains 'hold' on Kimly

The analysts believe the disposal is largely due to a lack of realisable synergies with Kimly’s core coffee shop operations.

F&B sector

Kimly to dispose its confectionary business for $2.8 mil

The purchase price represents a $2,581,196 excess over the book value of the assets and the gain on disposal.
No pandemic? No fear, there is still inflation - THE EDGE SINGAPORE

Corporate moves

No pandemic? No fear, there is still inflation

These stocks may be coming off their Covid high, but inflation is about to give them another boost.

Broker's Calls

Are analysts still hungry for Kimly?

With the economy reopening and social distancing measures lifted, will the appetite for Kimly remain strong?

Company in the news

Kimly cans plan to engage former chairman and executive director as "independent consultants"

Kimly has engaged Willis Towers Watsons Consulting (Singapore) to help gauge the hourly rates to be paid.
Kimly: WFH norm brings unique F&B stock closer to heartlanders - THE EDGE SINGAPORE

Stocks To Watch

Kimly: WFH norm brings unique F&B stock closer to heartlanders

Kimly is a stock to watch this year.
×