She may rise up further towards 2.70 and above.
Beyond 2.70, she may rise up to test 2.80 than 2.98 to cover the ex.Bonus Gapped.
Pls dyodd.
Quote: CLSA's initiation of coverage on the stock with an outperform rating and a target price of S$3.60.
The brokerage highlighted Food Empire as an emerging-market coffee platform with franchises like MacCoffee and Cafe Pho, and noted its control over key parts of the manufacturing chain and local distribution networks in markets where affordability and convenience are key.
3rd July 2026:
Food Empire - She is slowly recovering after it went ex.Bonus recently, looks rather interesting.
Yearly dividend is about 8 cents.
If including special dividend would be about 12 cents.
Yield is about 3.3%.
I think coffee demand is still strong.
Their revenue likely increase!
she may rise up to test 2.56.
Pls dyodd.
Food Empire - She is slowly climbing up from the low of 2.30 to close at
...Yesterday, she had managed to crossed over 2.56 and stayed at 2.58, looks rather positive.