Reported Earnings • Jan 11
Full year 2025 earnings released: EPS: S$0.014 (vs S$0.022 in FY 2024) Full year 2025 results: EPS: S$0.014 (down from S$0.022 in FY 2024). Revenue: S$190.3m (flat on FY 2024). Net income: S$8.66m (down 37% from FY 2024). Profit margin: 4.6% (down from 7.2% in FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Declared Dividend • Jan 11
Final dividend of S$0.0075 announced Shareholders will receive a dividend of S$0.0075. Ex-date: 4th February 2026 Payment date: 5th March 2026 Dividend yield will be 4.4%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 58% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 27
Full year 2025 earnings released: EPS: S$0.014 (vs S$0.022 in FY 2024) Full year 2025 results: EPS: S$0.014 (down from S$0.022 in FY 2024). Revenue: S$190.3m (flat on FY 2024). Net income: S$8.66m (down 37% from FY 2024). Profit margin: 4.6% (down from 7.2% in FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Nov 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Nov 11
Jumbo Group Limited to Report Fiscal Year 2025 Results on Nov 29, 2025 Jumbo Group Limited announced that they will report fiscal year 2025 results at 12:00 PM, Singapore Standard Time on Nov 29, 2025 Buy Or Sell Opportunity • Oct 30
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 7.5% to S$0.28. The fair value is estimated to be S$0.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Oct 03
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 7.7% to S$0.28. The fair value is estimated to be S$0.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Sep 11
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 7.7% to S$0.28. The fair value is estimated to be S$0.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Aug 21
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 5.7% to S$0.28. The fair value is estimated to be S$0.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jul 25
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 8.0% to S$0.27. The fair value is estimated to be S$0.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. Declared Dividend • May 13
First half dividend of S$0.005 announced Shareholders will receive a dividend of S$0.005. Ex-date: 26th May 2025 Payment date: 4th June 2025 Dividend yield will be 3.8%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has remained flat since 8 years ago. However, payments have been volatile during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 19
Jumbo Group Limited Appoints Tan Khee Giap as Lead Independent Director Jumbo Group Limited announced the appointment of Dr. Tan Khee Giap as Lead Independent Director. Appointment date is February 18, 2025. Job Title: Lead Independent Director, Chairman of the Remuneration Committee, Member of the Audit and Nominating Committees. Director Experience Details: 1. Envictus International Holdings Limited 2. BreadTalk Group Ltd. 3. Boustead Singapore Limited 4. Ascent Bridge Limited 5. Lian Beng Group Ltd. 6. Amcorp Global Limited 7. Artivision Technologies Ltd. 8. Boustead Projects Limited 9. Hi-P International Limited 10. mm2 Asia Ltd. Dr. Tan Khee Giap is also currently a director of the Company. Professional Qualifications: Doctor of Philosophy (Monetary Economics), University of East Anglia, England, UK. Working Experience: Co-Director of Asia Competitiveness Institute, Lee Kuan Yew School of Public Policy, National University of Singapore (2011 to 2020) Associate Professor at Lee Kuan Yew School of Public Policy, National University of Singapore (2009 to 2022) Chairman of Singapore National Committee of Pacific Economic Cooperation (2008 to present) Faculty Advisor (Executive Education) at Lee Kuan Yew School of Public Policy, National University of Singapore (2023 to present). Other Directorships Past: 1. Amcorp Global Limited 2. Chengdu Rural Commercial Bank Co. Ltd. 3. Lian Beng Group Ltd. Other Directorships Present: 1. Envictus International Holdings Limited 2. BreadTalk Group Pte. Ltd. 3. Boustead Singapore Limited 4. Ascent Bridge Limited 5. mm2 Asia Ltd. Announcement • Feb 18
Jumbo Group Limited Announces Board and Committee Changes The board of directors of Jumbo Group Limited announced that with effect from 18 February 2025: Mr. Chan Hock Keng has been appointed as an Independent Director of the Company, Chairman of the Nominating Committee as well as a member of the Audit and Remuneration Committees; Mr. Ang Kiam Meng has been appointed as the Executive Chairman of the Board, and has stepped down as a member of the Nominating Committee; Dr. Tan Khee Giap has been appointed as Chairman of the Remuneration Committee, and has stepped down as Acting Chairman of the Board; Mr. Seah Hai Yang has stepped down as Chairman of the Remuneration and Nominating Committees, but will remain a member of said committees; and Ms. Sim Yu Juan Rachel has stepped down as a member of the Audit and Remuneration Committees. Consequent to the aforesaid changes, the composition of the Board will be as follows Board of Directors: Mr. Ang Kiam Meng (Executive Chairman and Group CEO), Mrs. Christina Kong Chwee Huan (Group COO and Executive Director), Dr. Tan Khee Giap (Lead Independent Director), Mr. Seah Hai Yang (Independent Director), Mr. Chan Hock Keng (Independent Director), Ms. Sim Yu Juan Rachel (Non-Executive Director). Audit Committee: Mr. Seah Hai Yang (Chairman), Dr. Tan Khee Giap, Mr. Chan Hock Keng. Nominating Committee: Mr. Chan Hock Keng (Chairman), Dr. Tan Khee Giap, Mr. Seah Hai Yang. Remuneration Committee: Dr. Tan Khee Giap (Chairman), Mr. Seah Hai Yang, Mr. Chan Hock Keng. The Board noted that Mr. Ang Kiam Meng is also currently the Group CEO, and that the Independent Directors do not make up a majority of the Board as of the date of this announcement. For the avoidance of doubt, Non-Executive Directors make up a majority of the Board. As such, the Company does not comply with Provisions 2.2 and 3.1 of the Code of Corporate Governance 2018 (the "Code"). Mr. Ang Kiam Meng plays a vital role in providing stewardship to the Company and expanding the business of the Group. Given the size of the Group's current business operations and nature of its activities, the Board is of the view that it is not necessary to separate the roles of the Chairman of the Board and CEO as there are sufficient safeguards and checks in place to ensure that the management is accountable to the Board as a whole. The Board is of the opinion that there is an appropriate balance of power, and space for independent decision-making by the Board without an individual having unfettered powers of decision making. Board Change • Jan 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Acting Non-Executive Independent Chairman of the Board Khee Giap Tan was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Jan 12
Final dividend of S$0.005 announced Shareholders will receive a dividend of S$0.005. Ex-date: 4th February 2025 Payment date: 12th February 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has remained flat since 8 years ago. However, payments have been volatile during that time. Earnings per share has grown by 4.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 11
Full year 2024 earnings released: EPS: S$0.022 (vs S$0.023 in FY 2023) Full year 2024 results: EPS: S$0.022 (down from S$0.023 in FY 2023). Revenue: S$190.4m (up 6.5% from FY 2023). Net income: S$13.7m (down 6.5% from FY 2023). Profit margin: 7.2% (down from 8.2% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Jan 10
Jumbo Group Limited, Annual General Meeting, Jan 24, 2025 Jumbo Group Limited, Annual General Meeting, Jan 24, 2025, at 09:00 Singapore Standard Time. Location: 190 keng lee road, chui huay lim club, singapore 308409, Singapore Announcement • Dec 02
Jumbo Group Limited Appoints Tan Khee Giap as an Non-Executive Independent Director Jumbo Group Limited announced that upon the recommendations of the Nominating Committee, the board of directors of the Company is of the view that the appointment of Dr Tan Khee Giap as an Non-Executive Independent Director of the Company will be beneficial to the Board and to the Company. The Board considers Dr Tan Khee Giap to be independent pursuant to Rule 704(7) of the Catalist Rules. Working Experience: Co-Director of Asia Competitiveness Institute, Lee Kuan Yew School of Public Policy, National University of Singapore (2011 to 2020) Associate Professor at Lee Kuan Yew School of Public Policy, National University of Singapore (2009 to 2022) Chairman of Singapore National Committee of Pacific Economic Cooperation (2008 to present) Faculty Advisor (Executive Education) at Lee Kuan Yew School of Public Policy, National University of Singapore (2023 to present). Other DirectorShips Past: 1. Amcorp Global Limited 2. Chengdu Rural Commercial Bank Co. Ltd. 3. Lian Beng Group Ltd, Other DirectorShips Present: 1.Envictus International Holdings Limited 2. BreadTalk Group Pte. Ltd. 3. Boustead Singapore Limited 4. Ascent Bridge Limited 5. mm2 Asia Ltd. Director Experience Details: 1. Envictus International Holdings Limited 2. BreadTalk Group Ltd. 3. Boustead Singapore Limited 4. Ascent Bridge Limited 5. Lian Beng Group Ltd. 6. Amcorp Global Limited 7. Artivision Technologies Ltd. 8. Boustead Projects Limited 9. Hi-P International Limited 10. mm2 Asia Ltd. Professional Qualifications: Doctor of Philosophy (Monetary Economics), University of East Anglia, England, UK. Reported Earnings • Nov 30
Full year 2024 earnings released: EPS: S$0.022 (vs S$0.023 in FY 2023) Full year 2024 results: EPS: S$0.022 (down from S$0.023 in FY 2023). Revenue: S$190.4m (up 6.5% from FY 2023). Net income: S$13.7m (down 6.5% from FY 2023). Profit margin: 7.2% (down from 8.2% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Nov 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Buy Or Sell Opportunity • Sep 25
Now 21% undervalued Over the last 90 days, the stock has risen 3.9% to S$0.27. The fair value is estimated to be S$0.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 3.9% in 2 years. Earnings are forecast to grow by 6.7% in the next 2 years. Announcement • May 11
Members of Jumbo Group Limited Announces Interim Tax-Exempt (One-Tier) Dividend for the Financial Year Ending 30 September 2024, Will Be Paid on or About 28 May 2024 Members of Jumbo Group Limited will be closed on 21 May 2024 for the purpose of determining shareholders' entitlements to the interim tax-exempt (one-tier) dividend of 0.5 cents per ordinary share of the Company ("Share") for the financial year ending 30 September 2024. The Interim Dividend will be paid on or about 28 May 2024. Announcement • Feb 28
Jumbo Group Limited Announces Changes to its Board Jumbo Group Limited announced the appointment of Seah Hai Yang as an Independent Director of the Company. Job Title: Non-Executive Independent Director, Chairman of the Remuneration Committee and Nominating Committee, member of the Audit Committee. Working Experience: 2003 to present - Director, Van Der Broeck's Consultancy Pte. Ltd. 2021 to present - Director, Raintree Corporate Services Pte. Ltd. 2017 to 2019 - Director and Head of Corporate Advisory, RHT Corporate Advisory Pte. Ltd. 2013 to 2017 - Chief Financial Officer cum Company Secretary, Mun Siong Engineering Limited. Professional Qualifications: Bachelor's Degree in Accountancy, National University of Singapore - Fellow, Chartered Accountant Singapore (FCA), Institute of Singapore Chartered Accountants - Member, Senior Accredited Director, Singapore Institute of Directors. Appointment Date: February 28, 2024. Consequent to the aforesaid appointment, the composition of the Board and the various Board committees will be reconstituted as follows with effect from 28 February 2024: appointment of Ms. Sim Yu Juan, Rachel as a member of the Audit Committee and the Remuneration Committee. Board of Directors: Mr. Tan Cher Liang (Independent Chairman), Mr. Ang Kiam Meng (Group CEO and Executive Director), Mrs. Christina Kong Chwee Huan (Executive Director and COO), Ms. Sim Yu Juan, Rachel (Non-Executive Director), Mr. Seah Hai Yang (Independent Director). Audit Committee: Mr. Tan Cher Liang (Chairman), Mr. Seah Hai Yang, Ms. Sim Yu Juan, Rachel. Nominating Committee: Mr. Seah Hai Yang (Chairman), Mr. Tan Cher Liang, Mr. Ang Kiam Meng. Remuneration Committee: Mr. Seah Hai Yang (Chairman), Mr. Tan Cher Liang, Ms. Sim Yu Juan Rachel. Announcement • Jan 19
Jumbo Group Limited Approves Final Tax Exempt (One-Tier) Dividend for Fiscal Year 2023 Jumbo Group Limited announced at the AGM held on January 19, 2024, approved Final tax exempt (one-tier) dividend of 1.0 Singapore cent per share for FY2023. Upcoming Dividend • Jan 16
Upcoming dividend of S$0.01 per share at 3.5% yield Eligible shareholders must have bought the stock before 23 January 2024. Payment date: 02 February 2024. Trailing yield: 3.5%. Lower than top quartile of Singaporean dividend payers (6.4%). Higher than average of industry peers (2.9%). Announcement • Nov 30
Jumbo Group Limited Announces Resignation of Tay Peng Huat as Chief Financial Officer Jumbo Group Limited announced that Mr. Tay Peng Huat has tendered his resignation as the Chief Financial Officer of the Group to pursue personal interests and other opportunities. Mr. Tay Peng Huat will work closely with the Group Senior Financial Controller to ensure a smooth transition and handover of duties. Mr. Tay Peng Huat is responsible for the overall finance functions and accounting matters of the Group, including implementation of internal controls and monitoring and reporting on the Group's financial performance and overseeing the preparation of accounts and financial statements of the Group. Reported Earnings • Nov 29
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: S$0.023 (up from S$0 in FY 2022). Revenue: S$178.8m (up 55% from FY 2022). Net income: S$14.6m (up S$14.7m from FY 2022). Profit margin: 8.2% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Hospitality industry in Singapore. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Nov 29
New major risk - Revenue and earnings growth Earnings have declined by 38% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Nov 29
Jumbo Group Limited Appointment of Tan Yeow Meng, Stanley as Group Senior Financial Controller Jumbo Group Limited approved the appointment of Mr. Tan Yeow Meng, Stanley as Group Senior Financial Controller. Executive. Mr. Tan Yeow Meng, Stanley will be responsible for the overall finance functions and accounting matters of the Group, including implementation of internal controls and monitoring and reporting on the Group's financial performance and overseeing the preparation of accounts and financial statements of the Group. Professional Qualifications: Bachelor of Business in Accountancy from RMIT University, Australia; and (ii) Certified Practising Accountant of CPA Australia. New Risk • Nov 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Reported Earnings • May 13
First half 2023 earnings released: EPS: S$0.012 (vs S$0.007 loss in 1H 2022) First half 2023 results: EPS: S$0.012 (up from S$0.007 loss in 1H 2022). Revenue: S$85.9m (up 73% from 1H 2022). Net income: S$7.94m (up S$12.4m from 1H 2022). Profit margin: 9.2% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Singapore. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 18
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: S$0 (improved from S$0.018 loss in FY 2021). Revenue: S$115.6m (up 41% from FY 2021). Net loss: S$91.0k (loss narrowed 99% from FY 2021). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Singapore. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Announcement • Jan 17
Jumbo Group Limited, Annual General Meeting, Jan 31, 2023 Jumbo Group Limited, Annual General Meeting, Jan 31, 2023, at 10:00 Singapore Standard Time. Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements of the Company for the financial year ended 30 September 2022 ("FY2022") together with the Auditors' Report thereon; to re-elect the Directors; to approve the payment of Directors' fees of up to SGD 258,000 for the financial year ending 30 September 2023; to re-appoint Deloitte & Touche LLP as the Company's auditors and to authorise the Directors to fix their remuneration; and to transact any other ordinary business which may properly be transacted at an AGM. Price Target Changed • Dec 14
Price target increased to S$0.35 Up from S$0.30, the current price target is provided by 1 analyst. New target price is 19% above last closing price of S$0.29. Stock is down 4.8% over the past year. The company is forecast to post a net loss per share of S$0.008 next year compared to a net loss per share of S$0.018 last year. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Boh Soon Lim was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Price Target Changed • Apr 27
Price target increased to S$0.31 Up from S$0.25, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of S$0.30. Stock is down 13% over the past year. The company is forecast to post earnings per share of S$0.003 next year compared to a net loss per share of S$0.018 last year. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Boh Soon Lim was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jan 18
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: S$0.018 loss per share (down from S$0.013 loss in FY 2020). Revenue: S$81.8m (down 16% from FY 2020). Net loss: S$11.8m (loss widened 44% from FY 2020). Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates by 116%. Earnings per share (EPS) surpassed analyst estimates by 116%. Over the next year, revenue is forecast to grow 37%, compared to a 29% growth forecast for the restaurants industry in Singapore. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Price Target Changed • Dec 27
Price target increased to S$0.31 Up from S$0.25, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of S$0.32. Stock is down 16% over the past year. The company is forecast to post earnings per share of S$0.003 next year compared to a net loss per share of S$0.018 last year. Board Change • Dec 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Boh Soon Lim was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jun 15
Jumbo Group Limited Announces the Launch of Love, Afare Jumbo Group Limited announced the launch of Love, Afare, its newly rebranded retail arm. Year after year, friends and families spend quality time together at JUMBO Group of Restaurants, bonding over signature Singapore flavours. The hustle and bustle of Singapore's city life has made these intimate moments of dining in, creating snapshots of memories and strengthening relationships over good meals a coveted mission of ours. Touched by fans' fervent requests and enthusiasm on wanting to bring the Group's iconic tastes home, Love, Afare was created and passionately made and curated for all who Love life, Love food, Love to share. Love, Afare's products: Love, Afare's range of premix pastes and condiments takes the laborious work out of cooking. These secret ingredients will enliven customers' homecooked meals. They include the Singapore Chilli Crab Paste, Singapore Black Pepper Crab Spice, Singapore Cereal Premix and Singapore Teochew Style Bak Kut Teh Spice, amongst others. Love, Afare's Singapore-inspired merchandise will also allow one to flaunt their love for our Little Red Dot. Love, Afare souvenirs are perfect gifts for all who are madly enamoured with the Singapore lifestyle or to be sent to friends overseas so they can enjoy a taste of the Singapore experience wherever they are. Reported Earnings • Jan 19
Full year 2020 earnings released: S$0.013 loss per share The company reported a poor full year result with weaker earnings, revenues and control over expenses. Full year 2020 results: Revenue: S$97.6m (down 37% from FY 2019). Net loss: S$8.17m (down 170% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Jan 15
Jumbo Group Limited, Annual General Meeting, Jan 29, 2021 Jumbo Group Limited, Annual General Meeting, Jan 29, 2021, at 10:00 Singapore Standard Time. Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements of the Company for the financial year ended 30 September 2020 together with the Auditors' Report thereon; to re-elect Directors; to approve the payment of directors' fees of up to $240,000 for the financial year ending 30 September 2021; to re-appoint Deloitte & Touche LLP as auditors; to consider authority to allot and issue shares in the capital of the company; and to transact any other ordinary business. Is New 90 Day High Low • Dec 30
New 90-day high: S$0.38 The company is up 29% from its price of S$0.29 on 30 September 2020. The Singaporean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is S$0.75 per share. Is New 90 Day High Low • Dec 07
New 90-day high: S$0.34 The company is up 5.0% from its price of S$0.33 on 08 September 2020. The Singaporean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is S$0.64 per share. Price Target Changed • Nov 28
Price target raised to S$0.24 Up from S$0.21, the current price target is an average from 3 analysts. The new target price is 28% below the current share price of S$0.33. As of last close, the stock is down 11% over the past year. Analyst Estimate Surprise Post Earnings • Nov 27
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) exceeded analyst estimates by 333%. Over the next year, revenue is forecast to grow 46% compared to a 11% decline forecast for the Hospitality industry in Singapore. Announcement • Nov 17
Jumbo Group Limited to Report Q4, 2020 Results on Nov 29, 2020 Jumbo Group Limited announced that they will report Q4, 2020 results on Nov 29, 2020 Is New 90 Day High Low • Sep 22
New 90-day low: S$0.32 The company is down 6.0% from its price of S$0.34 on 24 June 2020. The Singaporean market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is S$0.66 per share.