Dairy Farm International (DFI)

SINGAPORE (Sept 20): The confluence of the 50-, 100- and 200-day moving averages at 3,216 to 3,244 range provided resistance for the Straits Times Index, which was not able to move above this area. Instead, the index retreated as the 50-day moving average

SINGAPORE (Aug 12): Amid the market volatility, investors are seeking refuge in safe-haven asset classes. Gold rallied above US$1,500 an ounce — the highest level since 2013, extending a 17% gain since the start of the year. Silver surged as well. “Tu

SINGAPORE (Mar 4): Analysts are keeping a neutral stance on Dairy Farm, a member of the Jardine Matheson Group, following its FY18 results announcement.

SINGAPORE (Feb 28): Jardine Strategic Holdings and Jardine Matheson Holdings, both members of the Jardines group of companies, reported 57% and 56% lower FY18 earnings of US$1.84 billion and US$1.73 billion respectively.

SINGAPORE (July 30): RHB Research is downgrading Dairy Farm International (DFI) to “neutral” from “buy” with a lower target price of US$9.60.

SINGAPORE (July 26): Dairy Farm International (DFI), a member of the Jardine Matheson Group, announced earnings of US$225 million ($306.2 million) for the half-year ended June, up 6% from its 1H17 restated earnings of US$212 million a year ago on higher c

SINGAPORE (May 31): CGS-CIMB Securities is upgrading Singapore’s consumer staples sector to “overweight”, from “neutral” previously, on the back of expectations of improving retail sales.

SINGAPORE (Mar 27): Dairy Farm International is turning to its new CEO Ian McLeod to save the day.

SINGAPORE (Mar 26): CIMB Research is keeping its “hold” call on Dairy Farm International with an unchanged price target of US$8.40 pending further details on the gearing up of its business in the Philippines.