Dairy Farm International Holdings

UOB Kay Hian initiates 'buy' on Dairy Farm, TP of US$5.19 - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian initiates 'buy' on Dairy Farm, TP of US$5.19

UOB Kay Hian's target price of US$5.19 is pegged to its five-year average P/E of 22 times.

Broker's Calls

Retail REITs, retail and transport stocks poised to benefit from circuit breaker exit: DBS

SINGAPORE (June 1): As Singapore begins to ease the circuit breaker (CB) measures starting with Phase 1 on June 2, several stocks and real estate investment trusts (REITs) could emerge as beneficiaries.

Sustainability

Change is brewing as Starbucks leads coffee industry in sustainable practices

SINGAPORE (Oct 14): Walk into a Starbucks here and you will likely encounter tables strewn with used paper cups, plastic cups and straws, sticky with the residue of milky coffees and Frappuccinos. If the outlet was particularly busy, the trash bin would b

Broker's Calls

Ongoing Hong Kong protests dim Dairy Farm's outlook

SINGAPORE (Sept 23): The ongoing Hong Kong protests have reached Week 16, and it is dimming the outlook for Dairy Farm International Holdings, the retail business which derives some 70% of its operating profit from Hong Kong.

REITs

Mapletree's trio dominates real estate investment trust sector

SINGAPORE (Sept 16): In the last 20 years, the growing universe of real estate investment trusts — with its track record of comparative stability and steady returns and a combined market value of about $100 billion — has helped the Singapore Exchange

M&A

Dairy Farm partners Robinsons to build food retail business in the Philippines

SINGAPORE (Mar 23): Dairy Farm International's wholly-owned Rustan Supercentres (RSCI) will be partnering Philippine-listed Robinsons Retail (RRHI) to build a leading food retail business in the Philippines.

Sector Focus

Pent-up demand to boost consumer spending in 2018: RHB

SINGAPORE (Dec 19): RHB Research believes Singapore’s consumer spending is expected to see a pick up in 2018 on the back of pent-up demand.

TES 800th Issue

10 stocks with the highest returns since The Edge Singapore first went to print

SINGAPORE (Oct 6): The 800th issue of The Edge Singapore this week features 10 companies with the highest returns since our first issue was published in March 2002.

In print this week

Dairy Farm’s dividend lure

SINGAPORE (March 17): Shares in retailer Dairy Farm International Holdings are up 24.1% this year as the company continues to turn its business around. On March 2, the operator of Giant supermarkets and Guardian stores reported a 7% increase in underlying

Broker's Calls

Has Dairy Farm turned the corner?

SINGAPORE (March 3): CIMB Research is keeping Dairy Farm International Holdings at “add” and increasing its target price to US$9.18, from US$8.70 previously.
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