First Half results should be out in August.
Estimating higher interim dividend of 3.5 cents.
She had managed to bounce-off from 2.28 to trade at 2.43, looks rather bullish!
She may rise up to test 2.50 than 2.60 - 2.65.
Pls dyodd.
8th July 2026:
Yesterday, she had managed to crossed over 2.56 and stayed at 2.58, looks rather positive.
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 the selling down due to analysts flipping Prata.
