coffee shops

Buybacks

Kimly maintains share buybacks; investigations remain a negative for stock

SINGAPORE (Jun 3): Kimly, which runs a chain of coffee shops, has been steadily buying back shares from the open market since late March. The latest purchase, of 860,000 shares at 24 cents, was made on May 27. This follows a purchase of 230,000 shares at

Results

Koufu announces maiden post-IPO results with $6.2 mil earnings for 2Q

SINGAPORE (Aug 29): Koufu Group reported 2Q18 earnings of $6.2 million, down by 2.6% from $6.3 million a year ago on higher property-related expenses and depreciation charges.

Broker's Calls

Asian Story acquisition brings nothing but cheer to Kimly's outlook: RHB

SINGAPORE (July 4): RHB Research is maintaining its “buy” call on Kimly with a higher target price of 46 cents compared to 43 cents previously, following news of the coffee shop operator’s $16 million acquisition of Asian Story Corp (ASC) and its As
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