Reversing uptrend signal occur, expect the upside movement will continue on.
The Straitstimes news 9 May 2016
Jumbo's crab dishes stir Chinese appetite
Jumbo' s newest outlet in the Shanghai IFC mall in Pudong. Jumbo first expanded into China in 2013 with an outlet in iAPM in the Xu Hui district in Shanghai. Its second outlet is in Raffles City in the Huangpu district.
Jumbo's newest outlet in the Shanghai IFC mall in Pudong. Jumbo first expanded into China in 2013 with an outlet in iAPM in the Xu Hui district in Shanghai. Its second outlet is in Raffles City in the Huangpu district.PHOTO: MAYBANK KIM ENG
PUBLISHEDMAY 9, 2016, 5:00 AM SGT
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Newest outlet could help China operations to turn around to profitability soon, say analysts
Sheryl Lee
Home-grown restaurant chain Jumbo Group is coming out of its shell in China, with crab dishes that are making waves at its newest restaurant in high-end mall Shanghai IFC.
The outlet could "help China operations to turn around to profitability soon", according to Maybank Kim Eng analysts, who maintain the firm's "buy" status with a target price of 58 cent
Jumbo's crab dishes stir Chinese appetite
Jumbo' s newest outlet in the Shanghai IFC mall in Pudong. Jumbo first expanded into China in 2013 with an outlet in iAPM in the Xu Hui district in Shanghai. Its second outlet is in Raffles City in the Huangpu district.
Jumbo's newest outlet in the Shanghai IFC mall in Pudong. Jumbo first expanded into China in 2013 with an outlet in iAPM in the Xu Hui district in Shanghai. Its second outlet is in Raffles City in the Huangpu district.PHOTO: MAYBANK KIM ENG
PUBLISHEDMAY 9, 2016, 5:00 AM SGT
FACEBOOK0TWITTERWHATSAPPEMAIL
Newest outlet could help China operations to turn around to profitability soon, say analysts
Sheryl Lee
Home-grown restaurant chain Jumbo Group is coming out of its shell in China, with crab dishes that are making waves at its newest restaurant in high-end mall Shanghai IFC.
The outlet could "help China operations to turn around to profitability soon", according to Maybank Kim Eng analysts, who maintain the firm's "buy" status with a target price of 58 cent
ysh2006 ( Date: 09-May-2016 08:07) Posted:
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So meaning BB will push down to unload till near IPO price ?...Newspaper help to promote a little this morning for BB to unload to us ?
mwmwmw ( Date: 09-May-2016 07:35) Posted:
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Hope today BB coming in es early to push...
n3wbie ( Date: 08-May-2016 23:52) Posted:
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if I am not wrong, the IPO lock-up period for Jumbo cornerstone investors expires tmr (9 May 2016) so they will be able to offload. they should be sitting on relatively nice profit, especially for pre-ipo investors.
Any ideal for tomorrow???
GoldChips ( Date: 06-May-2016 10:54) Posted:
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pull back as predicted but still got support
i agree that this counter cannot invest for long term but cant deny that ystd the counter helped to earn some $$$.
investshare ( Date: 06-May-2016 09:39) Posted:
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The world especially China and US are putting investment dollars in IOT, E commerce, drones, clean energy, electric car, driverless car. Any Singapore is putting money into this crab business. How to compete in future?
GoldChips ( Date: 06-May-2016 09:20) Posted:
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anyone vesting in it?
not sure if it is a coincidence but earlier on 21 Apr, had a comment on this thread about rotational shift in play. true enough, Breadtalk and Jumbo have jumped recently, about 10% each respectively. congrats to those vested.
Brother
It is not good giving misleading statements. You can google or read press reports on opening of Jumbo third outlet in Shanghai. You know there are rich shanghaines and you imagine they are mad about chilli crab, pepper crabs in china. Likey Jumbo will opened another2 or 3 outlets in shanghai n not forgetting places like beijing. The sales will eventually overtake singapore sales.
darocupcake ( Date: 05-May-2016 22:09) Posted:
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10mil each month wow sure or not
samudra ( Date: 05-May-2016 22:08) Posted:
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according to press released in shanghai, each outlet can bring in 10 million sing dollars in sales a month and there are now 3 outlets in shanghai . Easy 30 million singapore dollars a year. Assume 30 percent nett that is big money.
By the way the new opening of Jumbo in Shanghai is the third and business is so good that likely they will open another few more in shanghai as demand is great.
Jumbo in Shanghai new opening big business and full house. They also sell at premium price.  They sure start another few more as demand is extremely good. Ask your friends to check it out
what the catalyst?
GoldChips ( Date: 05-May-2016 21:08) Posted:
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wahh
crab sandwich for breakfast
crab noodle for lunch
butter crab for dinners..
mwmwmw ( Date: 05-May-2016 21:03) Posted:
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tmr might experience pull back let see what e opening first. today rocket too much.
Who like to eat crabs tomorrow morning is chance for you to in.... breakfast, lunch, dinner all crabs, yummy!!!
Nigel_C77 ( Date: 05-May-2016 19:54) Posted:
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