North Asia(ROC-Taiwan) expansion via joint venture with BaiPin. Plans to open 8 outlets throughout Taiwan...
GENERAL ANNOUNCEMENT - PRESS RELEASE AND JOINT VENTURE TO ESTABLISH AND OPERATE "JUMBO SEAFOOD" BRAND RESTAURANTS IN TAIWAN
https://s3-ap-southeast-1.amazonaws.com/prod-sgx-attachments/20171106_182636_42R_E7FIQKJGW9MM6UZT.1.pdf
GENERAL ANNOUNCEMENT - PRESS RELEASE AND JOINT VENTURE TO ESTABLISH AND OPERATE "JUMBO SEAFOOD" BRAND RESTAURANTS IN TAIWAN
https://s3-ap-southeast-1.amazonaws.com/prod-sgx-attachments/20171106_182636_42R_E7FIQKJGW9MM6UZT.1.pdf
Jumbooree rumbling again....LOL
NextEvolution ( Date: 25-Oct-2017 15:23) Posted:
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the stock seems to be on a nice price recovery, slow and steady momentum.
just announced this evening the set-up of a JV for the opening of 4th outlet in Shanghai. their scalable franchise model definitely deserves some attention from the market and should probably trade at a premium to some of the other peers. while there are other peers in the market - Japan Food, Tung Lok, Soup etc, none really did as well as Jumbo in terms of profitability and scalability of business model.
the sector has been quite battered down this year - the IPO of RE& S can probably ignite some interests in the F& B sector which is a highly operating cash flow positive business?
current price of 60c is still trading at a discount compared to Mr Ron Sim' s married deal trade from Temasek at 66c/share. dyodd.
 
just announced this evening the set-up of a JV for the opening of 4th outlet in Shanghai. their scalable franchise model definitely deserves some attention from the market and should probably trade at a premium to some of the other peers. while there are other peers in the market - Japan Food, Tung Lok, Soup etc, none really did as well as Jumbo in terms of profitability and scalability of business model.
the sector has been quite battered down this year - the IPO of RE& S can probably ignite some interests in the F& B sector which is a highly operating cash flow positive business?
current price of 60c is still trading at a discount compared to Mr Ron Sim' s married deal trade from Temasek at 66c/share. dyodd.
 
Pumped up due to good dividends expected for full year results.
Last few months Big Elephant bounced off from low of 54 towards 60. Recent weeks it started to bounce off from higher low of 58 towards 60+
Activities coming back
Activities coming back
Big elephant's 60 5 holding well. Should see more upswing this week. Bullish market should see more traders and investors hunting for good buy
NextEvolution ( Date: 12-Oct-2017 15:01) Posted:
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What sort of logic is that, lol. Huge wall ahead. Of course no volume.
On some days, there are stocks like noble that have up to $100m worth of stock traded. today noble is market transaction barely hits $200k.
daily volume doesn' t tell you everything.
On some days, there are stocks like noble that have up to $100m worth of stock traded. today noble is market transaction barely hits $200k.
daily volume doesn' t tell you everything.
You think BBs so free to trade low volume stock like Jumbo? Up to now at 3.15pm, only around $225k worth of trades were done. More like retailers and some traders playing it up & down
destinykraze ( Date: 13-Oct-2017 14:22) Posted:
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No, it won' t. But it' s likely to take a retreat in price. Quite a sad stock. has good earnings but too much heavy selling from one of the BBs.
spangle ( Date: 13-Oct-2017 14:31) Posted:
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Oh then chill la. Won't just collapse right the price?
destinykraze ( Date: 13-Oct-2017 14:22) Posted:
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There are 2 groups of Bbs, 1 is very eager to unload, a lot of hidden selling since last year. Starts to sell huge volume when volume picks up.
The other BB is longing.
The other BB is longing.
spangle ( Date: 13-Oct-2017 14:10) Posted:
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Eh bro u drunk or what. First say bb in then u say bb out. Ur stance change from buy to sell really fast ah?
destinykraze ( Date: 12-Oct-2017 18:57) Posted:
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new 2.6m worth of wall set up again. This bb has been unloading for over a year, still not done yet. GG jumbo.
Likely to have a big drop unless there is volume to support. dumping mode again. BBs always using same pattern for this. Not good to chase.
The longing BBs all in. seeing big volume now. see whether they can push it up. 2.5m of wall.
Big elephant rumbling up from 56 last week to 62 ..... LOL
NextEvolution ( Date: 12-Oct-2017 09:15) Posted:
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2.5m of wall set up between $0.615-$0.63. Market is rallying. see whether new bbs has the funds to push it up.
dropping below 0.6 again.
BBs damn eager to sell. I think hard to go up unless the long BBs have deep pockets.
BBs already put up 2m volume of wall. rally havent even pick up momentum.