Jardine Matheson

Dairy Farm International suffers a slew of downgrades following FY2021 earnings drop - THE EDGE SINGAPORE

Broker's Calls

Dairy Farm International suffers a slew of downgrades following FY2021 earnings drop

Dairy Farm’s outlook remains challenging and uncertain

Results

Hongkong Land narrows FY2021 loss to US$349 mil, maintains dividend

The company plans to pay a final dividend of 16 US cents, for a FY2021 payout of 22 US cents.
Dairy Farm reports lower earnings, to cut dividend - THE EDGE SINGAPORE

Results

Dairy Farm reports lower earnings, to cut dividend

Total FY2021 dividend of 9.5 US cents compares with FY2020's 16.5 US cents

Buybacks

Jardine Matheson to spend another US$250 mil for share buy backs

Jardine Matheson's separately-listed subsidiary Hongkong Land has been buying back shares too under its own US$500 mil programme.
Tap the keg there but bring the party back too - THE EDGE SINGAPORE

SE Asian economies

Tap the keg overseas but bring the party back too

Perhaps it is time to enable us to cheer our local champions at home without having to lose sleep overnight.
Jardine Matheson sees "encouraging improvement" in 3Q management update - THE EDGE SINGAPORE

Results

Jardine Matheson sees "encouraging improvement" in 3Q management update

However, challenges caused by the pandemic persists.
Jardine insiders Pang and Hsu raise stakes while Ntegrator’s Zhou trims her stake - THE EDGE SINGAPORE

Insider moves

Jardine insiders Pang and Hsu raise stakes while Ntegrator’s Zhou trims her stake

Both Jardine Matheson and Hongkong Land are trading at significant discounts to their book values.

Buybacks

Jardine Matheson commences share buy backs

Jardine Matheson spent around US$13.2 million on the first day it is buying back shares
Jardine Matheson launches US$250 mil share buy back programme - THE EDGE SINGAPORE

Buybacks

Jardine Matheson launches US$250 mil share buy back programme

Less than a month ago, Hongkong Land had launched a similar US$500 million programmes
Jardine deal goes through; dissenting votes largely from new shareholders, company claims - THE EDGE SINGAPORE

Corporate moves

Jardine deal goes through; dissenting votes largely from new shareholders, company claims

A "large number" of shares that voted against the resolution were held by investors bought the shares after March 8.
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