Tuesday, 5 December 2017

JUMBO - GOOD YEAR END BONUS FOR CIVIL SERVANT & PRIVATE SECTOR BOOST DEMAND FOR CHILLI CRABS

As you know Singapore will be rewarding its 84,000 civil servants with a 1 month bonus and traditional 13 month bonus for 2017 given that Singapore Economy performing well(refer to gdp site), private sector will follow suit as well. We see positive for this month December translating to spending on Chilli Crab(Singapore hot favourite Jumbo). Long for a target $0.62-$0.65.
 
 

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