SINGAPORE (Feb 14): DBS Group Research is keeping its “buy” recommendation on food court operator Koufu, with a reduced target price of 84 cents from 88 cents previously. In a Thursday report, lead analyst Alfie Yeo says, “We have reduced our earnings forecasts in view of lower footfall from ...

THE following companies saw new developments that may affect trading of their securities on Monday:

SINGAPORE (Jan 22): Global Agriculture, Food and Beverage (F&B) stocks saw marginal declines in 2019, with a 1% median decline in total return. Almost half of the Global Agriculture, F&B stocks are listed across Asia Pacific exchanges, with the significant regional proportion also generati...

Submitted By:  Staff Reporter Case Study:  No ThaiBev led the ten with a 49% total return. The ten best performing agriculture and F&B stocks by average daily t...

SINGAPORE (Jan 6): Retail sales in Singapore saw an overall drop in 2019, but the F&B and online components of retail sales saw some growth. The online proportion of retail sales now stands at 6% compared to 4% at the beginning of 2018, while F&B sales growth was driven by restaurants, fast...

THE outlook for the Asean consumer sector this year is likely to be dampened by macroeconomic headwinds and soft consumer sentiments, although "green shoots" of recovery are starting to emerge for Singapore, according to DBS Group Research.

KOUFU subsidiary Super Tea has entered into a joint venture to develop, manage and operate food and beverage outlets under the proprietary marks of Super Tea in Indonesia, it said on Wednesday.

SINGAPORE (Dec 18): Koufu Group announced that its subsidiary, Super Tea, has entered into a joint venture with PT Berkah Cipta Adirasa to develop, establish, manage and operate Super Tea's food and beverage brands in Indonesia. Koufu says the joint venture presents the group with an opportunity...

SINGAPORE (Dec 11): SAC Capital is initiating a “buy” recommendation on food court and coffeeshop manager Koufu with a target price of 87 cents. In a Wednesday report, lead analyst Chow Zheng Jie says, “We like the strong ROE [return of equity], cash generative and defensive business model. A...

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.  These “alpha picks” are set to fire on all cylinders as they remain intact amid a slowing economy.  On the large cap front,...