Dairy Farm International

The bigger the fall, the stronger the recovery for Singapore market: Credit Suisse - THE EDGE SINGAPORE

Investing ideas

The bigger the fall, the stronger the recovery for Singapore market: Credit Suisse

In the classic 1977 film Star Wars, old Ben Kenobi tells Darth Vader, “If you strike me down, I shall become more powerful than you can possibly imagine.”

STI down by 3.3% amid the US election and second wave of Covid-19 infections - THE EDGE SINGAPORE

STI watch

STI down by 3.3% amid the US election and second wave of Covid-19 infections

As at noontime on Nov 2, the Straits Times Index (STI) was trading at 2,439.76, up from 2,431.265 as at 9am on the same day.

Brokers' Digest 957 - THE EDGE SINGAPORE

Broker's Calls

Brokers' Digest 957

Dairy Farm International

Price target:
DBS Group Research “buy” US$4.44

Covid-19

Crowds back at supermarts; food supplies continue

SINGAPORE (Mar 20): Malaysian vegetable supplier Oh Kian Huat delivers bak choy, spinach and kai lan from Cameron Highlands to Singapore at least three times a week.

Broker's Calls

Dairy Farm target price raised to US$9.77 on planned Philippines food retail business

SINGAPORE (Mar 28): DBS Group Research is raising Dairy Farm International's target price by 23 US cents to US$9.77.

Broker's Calls

Dairy Farm started at ‘buy’ as a proxy to the North Asian consumer boom

SINGAPORE (Sept 27): Phillip Capital is initiating coverage of Dairy Farm International at “buy” with a target price of US$9.89 ($13.41), given the Pan-Asian retailer is a proxy to the North Asian

Results

Dairy Farm posts 7% increase in 1H earnings to US$213 mil

SINGAPORE (Aug 3): Dairy Farm International, a member of the Jardine Group, announced a 7% increase in 1H17 earnings to US$213 million ($354.2 million) from US$199 million in 1H16 on higher total s

Broker's Calls

Will Asean welcome online grocery retail with open arms?

SINGAPORE (July 21): DBS expects modern grocery retail (MGR) to grow further as it has increased its penetration by 30% in Asean-5 over the past two years, from 29.6% in 2015.

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