Hello friends, today is not such a bad day. While working in the office, I saw a notification from my Tiger Brokers app today (May 7, 2026) at noon regarding a sudden increase in the share price of Kimli Limited to S$0.430 per share. A quick check on SGX’s announcement revealed that nothing much happened in its business in May 2026. The biggest catalyst appears to be a new DBS Research report released today that initiated coverage with a “Buy” call and a target price of S$0.52 per share.
1. DBS Analyst Report for May 7, 2026
(i) Strong net cash position,
(ii) stable coffeeshop cash flow,
(iii) Possible industry consolidation,
(iv) recurring dividends and
(v) Gradual outlet expansion/acquisition.
Medium sized counters often face poor liquidity trading problem and thus Kimli Limited is suddenly exposed.
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