Hi Folks, today is not too bad a day. While working in office, I saw a notification from my Tiger Brokers App with regard to a sudden surge in share price of Kimly Ltd rising to as high as S$0.430 per share in the afternoon today (May 7, 2026). A quick check on SGX announcement showed nothing much happening to its business in May 2026. The biggest catalyst seems 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 on May 7, 2026
The report highlighted the following on Kimly Ltd:
(i) strong net cash position,
(i) strong net cash position,
(ii) stable coffeeshop cash flow,
(iii) potential industry consolidation,
(iv) recurring dividends and
(v) gradual outlet expansion/acquisition.
Medium size counters often faced poor liquidity trading issue and thus exposes Kimly Ltd to the sudden interest and spike in demand upon the release of the DBS Analyst report.
2. Selling off Most of my Kimly Ltd Stakes While Retaining Some For Further Long Term Appreciation
I am letting go part of my Kimly stakes from the sudden surge in price for Kimly Ltd to take advantage of this opportunity for re-deployment. Kimly was at S$0.395 per share as at yesterday (May 6, 2026). While DBS analyst put up an optimistic targeted price of S$0.52 per share for Kimly, I am locking in an immediate realisation of the 30% capital appreciation at S$0.42 per share and have sold off 27,800 shares today while retaining another 20,000 shares for the long term.
Parting Thoughts
Will wait a few more days to study the current market on which other potential stock to buy with the realised funds from my investment in Kimly Ltd last year (May 2025). I guess it is not too bad to be making a 30% capital gain in less than 1 year of investment which is 6 years worth of dividends assuming 5% dividend yield per annum.
Ok Folks, that's all from me today....have a great week ahead!
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