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Geopolitics
Caught in the coffee crossfire
Starbucks and other multinationals have faced backlash before, but the boycott over Israel is “completely different”.
February 01, 2024
Broker's Calls
RHB maintains 'overweight' on F&B sector, names ThaiBev, Delfi and Food Empire as top picks
Analyst Alfie Yeo sees consumption accelerating in 2024, with GDP growth and tourist recovery in Thailand, Vietnam and Indonesia.
January 10, 2024
Broker's Calls
Analysts see record year for Food Empire, expect higher dividend
The analysts have all kept their "add" and "buy" calls with target prices ranging from $1.53 to $1.69.
November 16, 2023
Company in the news
Brewing success
In its latest results announcement, Food Empire revealed that sales of its coffee not only remained stable but increased.
November 16, 2023
Results
Food Empire posts earnings of US$15.7 mil for 3QFY2023, down 30.6%
Food Empire's revenue for the nine months ended September is up by 6.7% y-o-y at an "historic high" of US$305.1 million.
November 08, 2023
Broker's Calls
UOBKH adds SIA Engineering, Singtel, Food Empire, Frencken and Far East Hospitality Trust to November alpha picks
In October, the team’s alpha picks fell by 4.6% m-o-m due to poor investor sentiment although it still outperformed the benchmark.
November 02, 2023
Company in the news
Food Empire to seek dual primary listing on main board of Hong Kong stock exchange
Preparatory works are ongoing and no application has been made to the SEHK for the listing of Food Empire's shares yet.
October 16, 2023
Broker's Calls
CGS-CIMB initiates ‘add’ on Food Empire with TP of $1.69
CGS-CIMB's 'add' rating is premised on several factors including the company's potential to grow its Vietnam market.
October 04, 2023
Broker's Calls
Analysts like Food Empire’s prospects after Vietnam visit
Share in Food Empire closed 5 cents higher or 4.9% up at $1.07 on Sept 5.
September 05, 2023
Broker's Calls
Brokers' Digest: CDL, Centurion, Food Empire, Delfi, Nanofilm, AEM
See what the analysts have to say this week.
August 20, 2023