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,...

SINGAPORE (Nov 5): DBS Group Research is staying positive on Koufu Group, on the back of a flurry of new store openings which has driven earnings growth. The brokerage is keeping its “buy” call on Koufu with a target price of 88 cents. “We continue to like Koufu for its stable earnings, decen...

SINGAPORE (Nov 5): Koufu announced a 52.3% jump in earnings for the 3Q19 ended September to $7.1 million, from $4.6 million in 3Q18. This came on the back of a 6.6% increase in revenue to $61.4 million, from $57.6 million a year ago. Revenue contribution from the outlet and mall management segment...

THE following companies saw new developments that may affect trading of their shares on Tuesday:

FOOD court and coffee shop operator Koufu on Monday posted a 52.3 per cent increase in net earnings to S$7.1 million for the third quarter, on the back of a 6.6 per cent increase in revenue to S$61.4 million.

FOOD court and coffeeshop operator Koufu on Monday posted a 52.3 per cent increase in net earnings to S$7.1 million in its third quarter, on the back of a 6.6 per cent rise in revenue to S$61.4 million.

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SINGAPORE (Sept 17): BreadTalk Group has announced that it will not be convening an extraordinary general meeting (EGM) to seek shareholders’ approval for its proposed $80 million acquisition of Food Junction Management. In a bourse filing on Tuesday, BreadTalk says that in response to its waiver...

SINGAPORE (Sept 11): In the latest earnings season, the majority of local F&B firms reported huge losses. But, despite the overall lacklustre performance, market watchers remain positive on the sector. BreadTalk, Jumbo, Neo Group, Japan Foods Holding and Kimly were among those that saw their ...