SINGAPORE (Nov 28) :
Stock Has Plenty Of Growth On It's Plate
DBS Vickers Securities is maintaining its "buy" call on Jumbo Group at a target price of 77 cents, with a more bullish sentiment in anticipation of higher growth traction for the group's outlet expansions, especially in China.
The group's recently headline net profit for 4Q had more than doubled due to better than expected margins, while its management proposed a final dividend per share (DPS) of 1 cent as well as a special DPS of 0.7 cents which represents a 70% dividend payout.
The five best stocks in my new rundown of 30, as per the Magic Formula, are.....
- Rotary Engineering Limited (SGX: R07),
- Valuetronics Holdings Limited (SGX: BN2),
- Hock Lian Seng Holdings Limited (SGX:J2T),
- T J Holdings Ltd (SGX: K1Q), and
- Wee Hur Holdings Ltd (SGX: E3B).
You can see every one of the 30 stocks in the table underneath those are movable Next Week (December)
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