bullish
Singapore Market Roundup (23-Jan-2025): Food Empire plans to diversify. Hold stock.
SUMMARY
- Food Empire stock should be retained as the company plans to diversify its business, potentially leading to increased profitability.
- HSBC has raised Singtel's target price in anticipation of a potential merger in the telecom industry, suggesting room for growth.
- Investors should consider holding onto Food Empire stock and possibly increasing investment in Singtel due to positive outlooks for both companies.
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