(16-09-2014, 04:48 PM)CityFarmer Wrote: [ -> ]The company share is reacting to market, both drop around 1-2%. The company share price was around US$9, around 6 months ago.
Adjustment of 1-2%, is just a minor adjustment, I don't expect to see blood yet. 
(not vested)
Somehow I am not sure what can make "blood on the streets". The market seems to have taken in all the bad news. Maybe they are waiting some black swan event.
Thanks sgd, I didn't think of that.
I hope to buy some if it drops further
(16-09-2014, 03:22 PM)sgd Wrote: [ -> ] (16-09-2014, 03:04 PM)gzbkel Wrote: [ -> ]Dairy farm dropping for the past two days.
Does anyone knows why?
There is some uncertainty about Fed interest rates, but since DF has little debt, it shouldn't affect?
I think the uncertainty surrounding scotland independence ba, the keswicks are scottish the company incorporated in bermuda which is british overseas territory they have a main listing on london stock exchange I think nobody knows really what the implications
Anyone can help explain the significance of the 900 in Dairyfarm 900 USD stock code?
(17-09-2014, 11:28 AM)MINX Wrote: [ -> ]Anyone can help explain the significance of the 900 in Dairyfarm 900 USD stock code?
means they're selling in batches of 900 shares and the price listed is in USD
So current price of 9.95 = 900 * 9.95 * USD/SGD rate
(17-09-2014, 11:45 AM)piggo Wrote: [ -> ] (17-09-2014, 11:28 AM)MINX Wrote: [ -> ]Anyone can help explain the significance of the 900 in Dairyfarm 900 USD stock code?
means they're selling in batches of 900 shares and the price listed is in USD
So current price of 9.95 = 900 * 9.95 * USD/SGD rate
Thanks for the explaination. As matter of curiosity, why sell at tranches of 900shares versus the usual 1,000shares per lot?
Just another EM-related selloff, remember they got swiped during the taper tantrum? Heavily exposed to Indo market, and they just invested $1bio in China which is looking abit skittish.
(Vested)
Some divesting by a director (Michael Kok)
29,700 shares on 23 Sep.
18,000 shares on 19 Sep.
Share price continues to drop, so perhaps the Scottish vote is not the reason.
(24-09-2014, 04:00 PM)gzbkel Wrote: [ -> ]Some divesting by a director (Michael Kok)
29,700 shares on 23 Sep.
18,000 shares on 19 Sep.
Share price continues to drop, so perhaps the Scottish vote is not the reason.
Michael Kok is the former CEO, and was replaced around early 2013. He has reduced his holding slowly since then.
(not vested)
Wonder what happen to dairy Farm .... sudden drop from $9.02 now down to $8.84 ...
Anyone can help shed some light ?
Thanks
(vested)