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Delfi
Broker's Calls
RHB maintains 'overweight' on F&B sector, names ThaiBev, Delfi and Food Empire as top picks
Analyst Alfie Yeo sees consumption accelerating in 2024, with GDP growth and tourist recovery in Thailand, Vietnam and Indonesia.
January 10, 2024
Broker's Calls
Delfi may see 2024 Indonesia election consumption boost but analysts trim target prices on higher ingredient costs
'Handouts by political parties, which usually kick off campaigns, may boost chocolate sales'
November 21, 2023
Broker's Calls
DBS sweet on Delfi; maintains ‘buy’ call and raises TP to $1.63
DBS analysts' higher TP of $1.63, up from $1.52 previously, comes as confectionery consumption in Indonesia looks to remain high.
August 11, 2023
Results
Delfi reports earnings of US$25.2 million for 1HFY2023, guides for better FY2023 over FY2022
Delfi plans to pay an interim dividend of 2.73 cents, up from 2.18 cents.
August 07, 2023
Broker's Calls
UOB Kay Hian maintains "buy" call on FTSE ST All-share leading performer Delfi
Year to date, Delfi has gained 65.38% as of June 30
June 30, 2023
Broker's Calls
Citing growth momentum, CGS-CIMB raises target price on Delfi to $1.65 from $1.50
Indonesia's per capita consumption of chocolate remains lower than other markets
May 17, 2023
Insider moves
Fund managers trim respective stakes in Yangzijiang Shipbuilding and Delfi
Fund managers T Rowe Price and First Pacific Advisors trim respective stakes in Yangzijiang Shipbuilding and Delfi.
February 02, 2023
Broker's Calls
CGS-CIMB ups Delfi's earnings estimates following record 9MFY2022 patmi
CGS-CIMB's analysts have, however, lowered their target price to $1.26 from $1.28 previously due to a lower P/E multiple of 15x.
November 18, 2022
Results
Delfi reports 539% y-o-y surge in patmi for 3QFY2022
Delfi says it has surpassed the performance of pre-Covid-19 periods, where patmi was US$5.9 million in 3QFY2019.
November 15, 2022
Broker's Calls
Analysts positive on Delfi with record-high profit of US$19.4 mil for 1HFY2022
According to Euromonitor, Delfi is Indonesia’s market leader in chocolate confectionery, with a market share of around 38%
August 12, 2022