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RIP in advance to Jumbo Seafood @ East Coast

jurongwest

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https://url1.io/SsTZH
 
so many establishments toh liao..... going to get replace by hokkien gang MALA resturant???
 
will they relocate to Malaysia? but i am happy those meat restaurant one by one Toh. Hopefully replace by a nice vegetarian restaurant.
 
Chinese cooking all about mastering heat must be cost cutting on the ingredients somewhere nd maybe hiring cooks with a different taste palette hence resulting in drop in profit
https://www.thefooddictator.com/the-40-methods-of-chinese-cooking/
once a company goes public and pubic in sinkie stock sexchange it becums sexploited by company directors and major shareholders in get rich quick schemes such as stock price manipulation and sextremely high directors’ fees and major shareholders’ dividends to siphon money out of its profits and cash flow. this stock is already a penny stock after listing, and yet at 28c or few pennies for a long time can still remain in the sinkie stock sexchange. another case of “corporate” hanky panky and or management cum governance issues in sg?
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stock price movement at 6.9 months…
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stock price movement ytd…
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East Coast Park lost much of its charm when the Road Safety Park, Big Splash, and the old Marina Cove McDonalds.

marine-cove-mcdonalds.jpg
 
moi has neber patronized Jumbo for the past 20 years or more ... moi no stupid carrothead burn money there like 7th month filial children giving back to ancestors ... :whistling:
Moi go there 3x in last 20+ years only… company functions only
 
According to Jumbo's website, the group operates:
(1)7 Jumbo Seafood outlets in Singapore,
(2)3 in Shanghai,
(3)2 in Bangkok,
(4)1 in Beijing,
(5)1 in Fuzhou,
(6)1 in Xiamen,
(7)1 in Nanjing,
(8)1 in Wuhan,
(9) 1 in Hainan Island,
(10) 1 in Seoul; and
(11) 1 in Phnom Penh.
 
Chinese restaurants in S'pore cannot muster enough money for the sky high rental.

Not all like this. Some is not enough manpower then own sons and daughters want good life don't wanna takeover. Jiuhu kia once get pr they can change job easily plus now young generation of msian stealing jobs at corporate office using their own msia degree. Fnb can earn alot of money but not enough time to spend. Will never go into fnb.
 
moi has neber patronized Jumbo for the past 20 years or more ... moi no stupid carrothead burn money there like 7th month filial children giving back to ancestors ... :whistling:

They have an outlet at Dempsey Hill, seems to be doing well.
 
Anyone wants to do a valuation on this company to see how much the intrinsic value really is (Ticker: 42R)?
 
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