Kimly Limited

The situation looks good. The company has been enjoying good volume since 24 Aug. And prices are firming.

Buy recommendation from UOBKayhian. Target price 36.0 cents.

Good pick

Another Kimly joint venture:

JOINT VENTURE WITH TENDERFRESH FRIED & BBQ CHICKEN PTE LTD TO OPERATE AND MANAGE HALAL COFFEESHOP

Kimly

The company is committed to distributing 50% or more of its profit as dividends. Half-year profit was $10.5 mil. The dividend declared was 0,28 cents. Full-year results should be out before the end of this month. Can expect a decent dividend.

Full-year results should be out in 2 weeks' time.
Expect good results cum decent dividends.