Fraser & Neave (F&N)

Dividend diamonds could power the STI - THE EDGE SINGAPORE

Singapore economy

Dividend diamonds could power the STI

The STI has one of the best dividend yields in the world.

Results

F&N reports 16.1% higher earnings of $83.4 mil for the 1H21 on higher revenue, gross profit

For the 1HFY2021, the group has declared an interim dividend of 1.5 cents, same as the year before.

Results

F&N reports 24.5% rise in full-year earnings to $153 mil on broad-based growth

SINGAPORE (Nov 18): Fraser and Neave has reported FY19 earnings ended Sept of $153.2 million, up 24.5% from FY18.

Broker's Calls

Value seen in F&N despite tough market for beer and print businesses

SINGAPORE (May 24): RHB Research likes Fraser & Neave even though the operating environment is tough for its beverage and print business.

Surbana Jurong, F&N join Randstad's 2018 list of top companies to work for in Singapore

SINGAPORE (Apr 26): Recruitment and HR services agency Randstad has released its list of top 75 companies to work for in Singapore based on findings from its latest Randstad Employer Brand Research 2018.

Fraser & Neave seeks to beef up Vinamilk stake

SINGAPORE (Sept 27): Fraser & Neave is seeking to buy an additional 1.5% stake in Vietnam Dairy Products, according to market talk.

Broker's Calls

Thai Beverage kept at ‘buy’ by DBS as it expects domestic consumption to pick up soon

SINGAPORE (July 25): DBS is maintaining its “buy” call on Thai Beverage with a target price of $1.07 as it expects domestic consumption to pick up soon.

Broker's Calls

Slowing consumption for ThaiBev only a temporary blip

SINGAPORE (June 29): DBS is reiterating its “buy” call on Thai Beverage with a target price of $1.07 on expectations slowing consumption in Thailand is only a temporary blip.

Broker's Calls

Hiccups ahead for ThaiBev but long-term outlook remains bubbly

SINGAPORE (May 12): DBS is maintaining its “buy” recommendation on ThaiBev with an unchanged sum-of-parts target price of $1.09.

Broker's Calls

Waiting for Vinamilk

SINGAPORE (May 9): DBS is maintaining a “hold” on Fraser & Neave with a target price of $2.37 as it awaits for profit contribution from its higher stake in Vinamilk to kick in in the second half.
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