Brokers' take

Published Wed, Sep 12, 2018 · 09:50 PM

Kimly Ltd | BUY (maintained) Sept 12 close: S$0.325 Target price: S$0.46 RHB Research, Sept 12

KIMLY has launched a productive coffee shop this year, tapping on automation and digital solutions to improve operational efficiency and decrease reliance on manpower.

It has built-in self-service kiosks for patrons to pay by scanning unique QR codes. We think, however, the adaption of the QR code system will take awhile, with more improvements to be made.