Dairy Farm

Buy supermarkets and F&B counters like Sheng Siong and Koufu, says DBS - THE EDGE SINGAPORE

Broker's Calls

Buy supermarkets and F&B counters like Sheng Siong and Koufu, says DBS

DBS has given Sheng Siong, Dairy Farm and Koufu "buy" calls, and "fully valued" for Jumbo.
Consumer sector glimmers on possible recovery in domestic play post Covid-19, says RHB  - THE EDGE SINGAPORE

Broker's Calls

Consumer sector glimmers on possible recovery in domestic play post Covid-19, says RHB

RHB Research Securities has upgraded the consumer sector to "overweight" from its "neutral" stance previously.
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

The Straits Times Index (STI) plunged 3.3% to 2,439.76 this afternoon.
RHB sets new benchmark for Dairy Farm as HK moves into a new 'normal' - THE EDGE SINGAPORE

Broker's Calls

RHB sets new benchmark for Dairy Farm as HK moves into a new 'normal'

This stock's valuations are "undemanding" and has a "favourable" risk-reward ratio

Broker's Calls

Analysts mixed on Dairy Farm

Analysts have mixed sentiments on Dairy Farm

Results

Dairy Farm posts 35% drop in 1H earnings to US$115 mil on pandemic-related restrictions

Dairy Farm's 1H earnings dropped 35% to US$115 million as its convenience stores and health and beauty businesses suffered from Covid-19 restrictions.

Covid-19 Solidarity Budget

Supermarkets and telcos stand to gain from Solidarity payment to Singaporeans

What will Singaporeans spend with their one-off $600 Solidarity payout?

Results

Dairy Farm FY19 earnings jump to US$324 mil on absence of one-off restructuring cost

Stripping off net non-trading items, underlying earnings for FY2019 were 10% lower y-o-y at US$321 million.

Broker's Calls

RHB turns positive on Dairy Farm's valuations after selldown

SINGAPORE (Mar 20): RHB Research is upgrading its call on Dairy Farm from “neutral” to “buy” despite lowering its target price to US$8.25 from US$8.64 previously with the view that long-term investors may look to accumulate the stock at its curren

Broker's Calls

Innovation is key to staying relevant in brick & mortar, says CGS-CIMB

SINGAPORE (Oct 23): CGS-CIMB Research is maintaining “overweight” on the consumer staples sector after a recent visit to Habitat, honestbee’s tech-enabled grocery and dining destination in Pasir Panjang.
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