$DFIRG USD(D01.SI)$ DFI Retail Group (D01.SI) She is trading in a consolidation mode price patterns, likely to rise up to test 2.84 again!
With the recent divestment of Yong Hui, Local Gia6and Cold Storage supermarket chains plus the sales of Robinson Retail share in Phillipines, the company is sitting with a few hundreds millions dollars cash on hands, plus debts free position. I think market is anticipating the company may hand out special dividend for year 2025.
Price seem has retreated from 2.84 to close at 2.69, I think opportunity is back!
Fund analyst has a Target price of 3.00.
Not a call to buy or sell!
Pls dyodd.
9th June 2025:
DFI Retail Group (D01.SI) - Looks like some buying activities spotted today, she is up 9 cents to 2.75.
With the recent divestment of Robinson Retail sales in Phillipines, the company may grow their Cash on hands amounts and the probability of declaring special dividend is high! Look out for their first Half results in July 2025.
Chart wise, she may rise up to test 2.79-2.80. A nice breakout smoothly we may see her rising up further towards 3.00 and above!
Pls dyodd.
https://sporeshare.blogspot.com/2025/06/dfi-retail-group-d01si-she-is-trading.html
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