DFI Retail Group

Broker's Calls

RHB expects DFI's recovery to be 'gradual' and not 'firm', keeps 'neutral' call

There's a risk of Singapore shoppers downtrading

STI watch

Opportunities abound in Singapore market after STI correction in May: DBS

FEHT, CDLHT, LREIT, DFI Retail and CDL are the stocks to look at for bargains after their corrections.

Results

DFI Retail Group saw 'significant' y-o-y improvement in 1QFY2023 business update

In its outlook statement, the group says it remains optimistic for the remainder of the year

Broker's Calls

DBS keeps 'buy' call on DFI Retail Group following new CEO appointment

DBS' sum-of-the-parts analysis on DFI is a base case per share equity value of US$5.16.

Broker's Calls

DFI’s standalone business segments worth more than its whole, says DBS

Each of the group’s individual business segments suggests upside of 30% to 110%, according to the analysts’ valuations.
Citi, RHB maintain 'neutral' on DFI, increase TPs to US$3.16 and US$3.09 - THE EDGE SINGAPORE

Broker's Calls

Citi, RHB maintain 'neutral' on DFI, increase TPs to US$3.16 and US$3.09

DBS has reiterated its ‘buy’ call with a lower TP of US$3.80 from US$3.90 previously.

Results

Jardine Matheson reports higher 'underlying' earnings for FY2022, proposes higher dividend payout

Jardine Matheson plans to pay a higher FY2022 dividend of US$2.15, up 8% over FY2021

Broker's Calls

After falling 17% year-to-date, DFI sell-off 'overdone', inflection point to come in FY2023: DBS

Year-to-date, DFI’s share price has declined by 17% while the Straits Times Index (STI) remained flattish.
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