Personal Finance
Are These 3 Crab Stocks “Crap”?: Jumbo Group, No Signboard Holdings, And Tung Lok Restaurants
By Seedly  •  May 19, 2019

I walked past a zi char store a few days ago and noticed a couple of kids staring at the live crabs in a glass case. As they were making faces and trying to goad the crabs into giving them a reaction, it occurred to me that I could compare the shares of three different restaurants which are renowned for their crabs: JUMBO Group Limited (SGX: 42R), No Signboard Holdings (SGX: 1G6), and Tung Lok Restaurants 2000 Ltd (SGX: 540).

Business Model

Before going into the financials, it would be good if we can have some understanding of these 3 restaurants business models.

1. Chilli Crab – JUMBO Group Limited (SGX: 42R)

Stocks Discussion: Jumbo (SGX:42R), No Signboard Holdings (SGX: 1G6), Tung Lok Restaurants Ltd (SGX:540)

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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