Delfi Limited

Delfi to benefit from Indonesia's strong retail sales index: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Delfi to benefit from Indonesia's strong retail sales index: CGS-CIMB

Analysts say Delfi’s 1QFY2023 results have been in line with consensus, but cite a lack of visibility on cost management ahead.
Stocks like Delfi, Marco Polo Marine and Raffles Medical could benefit from Indonesia's strong economic performance - THE EDGE SINGAPORE

Broker's Calls

Stocks like Delfi, Marco Polo Marine and Raffles Medical could benefit from Indonesia's strong economic performance

The sectors to look out for are consumer, commodity, healthcare tourism, plantation and marine-related.

Results

Delfi reports 24.5% y-o-y growth in 1QFY2023 ebitda of US$25.5 mil

Revenue for the quarter rose by 20.8% y-o-y to US$160.8 million as revenue improved across the board.

Broker's Calls

UOBKH sees continued growth momentum for Delfi in 2023, keeps buy call at TP of $1.71

UOBKH sees continued growth momentum for Delfi in 2023, keeps buy call at TP of $1.71

Broker's Calls

Strong demand for sweet treats: Analysts at Lim & Tan Securities lift Delfi’s TP

Strong demand for sweet treats: Analysts at Lim & Tan Securities lift Delfi’s TP
Analysts lift Delfi Limited's TP after higher-than-expected FY2022 earnings - THE EDGE SINGAPORE

Broker's Calls

Analysts lift Delfi Limited's TP after higher-than-expected FY2022 earnings

Analysts from DBS Group Research and UOB Kay Hian have also lifted their earnings estimates for FY2023 and FY2024.
UOBKH adds Delfi, drops ThaiBev, DBS, SIA Engineering from alpha picks - THE EDGE SINGAPORE

Broker's Calls

UOBKH adds Delfi, drops ThaiBev, DBS, SIA Engineering from alpha picks

UOBKH’s alpha picks portfolio has beaten the STI for 11 out of the past 12 months.

Results

Delfi reports 2HFY2022 earnings of US$24.5 mil, 44.4% higher y-o-y

A final dividend of 2 US cents per share and a special dividend of 0.72 US cents has been proposed.

Broker's Calls

UOB Kay Hian initiates coverage for Delfi with ‘buy’ rating and $1.42 TP

Analysts say that Delfi is an "undervalued" leader in Indonesia’s chocolate products market and is trading at a discount to peers.
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