Koufu Group Limited

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In the 1HFY2021 ended June, Koufu reported earnings of $9.9 million, nearly four times higher y-o-y.

The new target price is still based on 18.5 times FY2021, which is around the average of its peers: PhillipCapital.

Shares in Koufu closed flat at 66 cents on March 11.

As at 9.42am, shares in Koufu are trading flat at 68 cents.

Covid-19 bites of large chunk of Koufu's 1H20 earnings and dividend

CGS-CIMB analysts are maintaining an “add” call on food court operator Koufu Group Ltd with an unchanged target price of $0.86, buoyed by news its “attractive acquisition” of four F&B companies for $22.04 million on Wednesday.

SINGAPORE (Dec 11): SAC Capital is initiating a “buy” recommendation on food court and coffeeshop manager Koufu with a target price of 87 cents.

SINGAPORE (Dec 5): UOB Kay Hian has called investors’ attention to five promising stocks that offer further potential upsides of more than 20% to their target prices.