Dairy Farm International (DFI)

Dairy Farm International says overall performance in 1Q remains 'significantly affected' by Covid-19 - THE EDGE SINGAPORE

Results

Dairy Farm International says overall performance in 1Q remains 'significantly affected' by Covid-19

Shares in Dairy Farm closed 5 US cents lower or 1.1% down at US$4.34 on May 5.
Accumulate CDG, Dairy Farm and SingTel at bargains amid recovery potential and trade: DBS - THE EDGE SINGAPORE

Broker's Calls

Accumulate CDG, Dairy Farm and SingTel at bargains amid recovery potential and trade: DBS

DBS has also rated “buy” on CDG, Dairy Farm and Singtel with target prices of $1.99, US$5.02 and $2.75.
DBS positive on CDG, Koufu, Sheng Siong and Dairy Farm on easing of measures - THE EDGE SINGAPORE

Broker's Calls

DBS positive on CDG, Koufu, Sheng Siong and Dairy Farm on easing of measures

Valuations for grocery retailers are also expected to remain attractive.
Broker's Digest: Dairy Farm, Hongkong Land, AEM Holdings and Credit Bureau Asia - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: Dairy Farm, Hongkong Land, AEM Holdings and Credit Bureau Asia

See the analysts' recommendations and target prices here.
RHB downgrades Dairy Farm to 'neutral' while other analysts remain upbeat on the counter - THE EDGE SINGAPORE

Broker's Calls

RHB downgrades Dairy Farm to 'neutral' while other analysts remain upbeat on the counter

DBS and CGS-CIMB have kept their "buy" calls on the counter.

Results

Dairy Farm sees 14% drop in earnings of US$276mil for FY20

For the FY2020, the board has declared a final dividend of 11.50 US cents per share.
CGS-CIMB downgrades Jardine Matheson Holdings to 'hold' on weak 4Q performance - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB downgrades Jardine Matheson Holdings to 'hold' on weak 4Q performance

CGS-CIMB analyst William Tng has, however, upped the group’s target price to US$54.68 ($73.21) from US$48.61 previously.
The worst is over for the F&B foodservice players as hungry consumers are out and about - THE EDGE SINGAPORE

Broker's Calls

The worst is over for the F&B foodservice players as hungry consumers are out and about

With Phase 3 underway, DBS Group Research is positive on the consumer downstream
Dairy Farm to shake off 1H20 earnings dip by transforming in coming years: DBS  - THE EDGE SINGAPORE

Broker's Calls

Dairy Farm to shake off 1H20 earnings dip by transforming in coming years: DBS

The company announced in July that its 1H20 earnings dropped by 35% to US$115 million from US$178 million in 1H19.
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