Highlights

Singapore Stock Market News

Author: StockFanatic   |   Latest post: Fri, 20 Jul 2018, 01:31 PM

 

Kimly Ltd - Defensive Staple On Verge Of Inorganic Expansion

Author:   |    Publish date:   |  >> Read article in Blog website


Kimly operates and manages coffee shops and food courts locally, which have a defensive nature accompanied by rich cash flows. Going forward, we expect Kimly to add up to 1-2 coffee shops a year, as well as ramp up on operating third party brands, which could contribute 5-8% growth pa during FY19F-20F. In addition, with M&As in the pipeline, we believe that growth would be exciting in the coming years. As a result, we initiate coverage with a BUY with DCF-derived TP of SGD0.43 (30% upside), implying FY18F P/E of 22.8x.
Read more ยป
Share this
Labels: Kimly

Related Stocks

Chart Stock Name Last Change Volume 
Kimly 0.345 0.00 (0.00%) 80,200 

  Be the first to like this.
 


 

205  123  190  554 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 HSI29600MBeCW.. 0.086+0.008 
 HSI26600MBePW.. 0.094-0.012 
 HSI27400MBePW.. 0.13-0.017 
 HSI30400MBeCW.. 0.041+0.005 
 HSI28888VTeCW.. 0.108+0.005 
 HSI28000MBePW.. 0.078-0.02 
 Genting Sing 1.28+0.02 
 APAC Strategic 0.0020.00 
 Ezion 0.082+0.001 
 YZJ Shipbldg SGD 0.860.00 
Partners & Brokers