Brokers' take

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.

As customers are rewarded with a discount if they return their trays to the station, 80 to 90 per cent of customers cleared their own dishes after finishing up their meals during our visit. Management said thi…