Shares & Derivatives
10 things I learned from the 2019 JUMBO Group AGM
By The Fifth Person  •  February 26, 2019

JUMBO Group Limited is an SGX-listed food & beverage (F&B) company. Founded in 1987, JUMBO has earned high praise for its chilli and black pepper crabs served at its namesake JUMBO Seafood restaurant. Besides JUMBO Seafood, the company currently owns or operates a number of other restaurant brands including Chui Huay Lim Teochew Cuisine, Ng Ah Sio Bak Kut Teh, JCafe, and Singapore Seafood Republic. At its closing price of S$0.40 on 22 February 2019, JUMBO Group has a market capitalization of S$259.9M.

As a prominent brand frequently associated with local cuisine, Jumbo has been a familiar name to most investors since its IPO at S$0.25 in November 2015. While investors who participated in the IPO should be reasonably satisfied, earning themselves a 60% return in just over three years, Jumbo’s stock price has been halved since its January 2017 peak of S$0.79. The sheer magnitude of the price

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By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
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