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Fresh start
SINGAPORE (Jan 14): From menu revamps and relocations to novel dining concepts, these seasoned chefs are turning the page to a new chapter.
January 21, 2019
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.
December 12, 2018
Broker's Calls
Japan Foods' proposed JV is good news, but industry headwinds persist: RHB
SINGAPORE (Dec 10): RHB Research is maintaining “neutral” on Japan Foods with a target price of 48 cents, post the announcement of the group’s 50:50 joint venture (JV) with Minor Singapore.
December 10, 2018
Broker's Calls
BreadTalk seen less appetising after a weak 3Q; RHB slashes earnings estimates
SINGAPORE (Nov 7): RHB Research is maintaining its “sell” call on BreadTalk Group with a lower target price of 75 cents from $1 previously, after cutting FY18-20 forward earnings estimates by about 30% per annum to factor in the gestation of new busin
November 07, 2018
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Seafood treat
SINGAPORE (Oct 8): Eighteen years ago, as university students in Australia, Melvin Yeo and Elaine Lim (main image, right) had an unforgettable experience at Claypots St Kilda. The seafood bar, founded by Turkish-born Australian Renan Goksin, was the first
October 15, 2018
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Vatos Urban Tacos chef-owner Sid Kim brings new dishes exclusive to Singapore outlet
SINGAPORE (Oct 2): The Singapore outlet of Korean-Mexican fusion restaurant chain, Vatos Urban Tacos, recently underwent menu revamp from chef and co-founder Sid Kim; one that added an entirely new lineup of novel creations to the already-extensive list o
October 02, 2018
Results
Katrina posts 97% lower 1H earnings on higher costs and outlet closures, says approaching 'critical mass'
SINGAPORE (Aug 14): Katrina Group announced earnings of $11,000 for the 1H ended June, down 96.7% from $0.3 million in 1H17 earnings a year ago due to higher costs and the closure of non-performing outlets .
August 14, 2018
Broker's Calls
Jumbo started at 'add' for strong brand equity & regional growth prospects
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
June 25, 2018
Results
Jumbo posts 23.9% lower 2Q earnings of $4.3 mil due to ongoing expansion
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.
May 14, 2018
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8 'yu sheng' dishes to try this Lunar New Year
luck and prosperity with your loved ones with these luxurious and unconventional takes on the traditional yu sheng dish.
January 15, 2018