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5 Singapore F&B Stocks which should be on your watchlist
By Dr Wealth  •  April 1, 2022
Congratulations dear reader! We are finally at a point in time where we can finally be maskless “outdoors”. Though we are still far from normality, this is certainly one step closer to pre-covid life! With the easing of restrictions, one of the most anticipated moves is the increase in dining capacity from 5pax to 10pax. This is something that has excited many with the stock market being no exception. On the same day of PM Lee’s address, Alvin reported the following spikes in these F&B stocks.
  • Katrina (Bali Thai, Streats, So Pho etc) +26%
  • Tung Lok +20%
  • Soup Restaurant +19%
  • Kimly +5%
  • ABR (Swensen’s) +4%
  • RE&S (Kuriya, Ichiban) +3%
  • Jumbo +2%
All of them closing green on the same day and with momentum consolidating at present! Here are my pick of 5 F&B stocks that should be on your watchlist as we head to a new normal! OLD CHANG KEE LTD. (SGX:5ML) Don’t let its name fool you as Old Chang Kee is far from old. In...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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