Dairy Farm

SINGAPORE (July 30): Jardine Matheson reported 1H18 earnings of US$792 million ($1.1 billion), up 6% from its half-year earnings of US$744 million a year ago on higher revenue.

SINGAPORE (Mar 9): CIMB is downgrading its call on Dairy Farm International to “hold” from “add” previously with a lower target price of US$8.40 from US$9.18 after the group’s FY17 core net profit came in below the research house’s expectation

SINGAPORE (Mar 8): Dairy Farm, a member of the Jardine group, reported a 14% decline in FY17 earnings to US$404 million ($531.7 million) from US$496 million a year ago on the back of business change costs, which were incurred due to underperforming stores

SINGAPORE (Feb 19): RHB is maintaining “overweight” on Singapore’s consumer staples sector while highlighting Dairy Farm as its preferred “buy” pick with an unchanged target price of US$9.53 ($12.50) on expectations of consumption to pick up acr

SINGAPORE (Dec 4): Phillip Capital is remaining “overweight” on Singapore’s consumer sector on expectations of a continued rebound in the city state’s economic conditions as well as improving consumer sentiment.

SINGAPORE (Nov 29): At the recent People’s Action Party (PAP) convention on Nov 19, Prime Minister Lee Hsien Loong said that “raising taxes is not a matter of whether, but a matter of when”.

SINGAPORE (Aug 7): RHB Research continues to rate Dairy Farm International at “buy” with a target price of US$9.53 ($13), after the Jardine Group member last week announced a 7% in 1H earnings to US$213 million.

SINGAPORE (June 16): RHB is maintaining its “buy” rating on Dairy Farm with a target price of US$10 ($13.84) given the recent correction of its share price.

SINGAPORE (March 6): DBS Vickers Securities and RHB Research are maintaining their “buy” calls on Dairy Farm International Holdings (DFI) at target prices of US$9.96 ($14) and US$10 respectively after the group posted positive FY16 results which came

SINGAPORE (March 3): Here are some stocks that could move the market this Friday morning.