Dairy Farm

[shanrui_91]

when is ntuc fairprice ipo coming?

Will there be conflicts of interest between new shareholders and co-op members if it gets listed?

Am very surprised from that report that Cold Storage + Shop n Save have slightly more market share than FairPrice!

I believe the market share is based on number of stores and not based on sales figure. Sales figure for Fairprice is likely to be at least 50% or more.

Current shareholder of NTUC will not want to go IPO since they are receiving very good dividend every year of 3-9% and they can cash out anytime at $1 per share

[palantir]

when is ntuc fairprice ipo coming?

Wait long long bah

Dairy Farm, Sheng Siong, PSC.... now left with Fairprice

[pianist]

3-9% dividend rate for current ntuc fairprice shareholders for such a monopolized lucrative profitable business? i think they have been 'shortchanged' for a long time already without realising it.

[shanrui_91]

3-9% dividend rate for current ntuc fairprice shareholders for such a monopolized lucrative profitable business? i think they have been 'shortchanged' for a long time already without realising it.

I do not think that they have been short-changed

NTUC Income
2011:6%
2010:8%
2009:9%
2008:3%
2007:6%
2006:8%
2005:6%

NTUC FairPrice
2011:6% dividend + 4.5% patronage rebate
2011:6% dividend + 4.5% patronage rebate
2009:5% dividend + 4% patronage rebate
2008:5% dividend + 4% patronage rebate

Not forgetting the fact that you can sell your share back to the company anytime at a par value of $1 per share. A high interest fixed deposit that allows you to withdraw anytime without suffering any penalty. Definitely better than all fixed income securities out there.

[paullow]

sounds like a good place to park extra cash. how to go abt buying n selling ntuc fairprice shares ? whats the platform? pls advise me.

[shanrui_91]

http://www.fairprice.com.sg/webapp/wcs/s...orporate=Y

https://orgnet.income.com.sg/uiGuide/gui...x?gde=3285

No longer for sales anymore, you can at most get $20 worth of share if you sign up as a member for fairprice. Heard the waiting list is extremely long if you want to buy more

"Applications for Income shares have been closed since December 2004. With surpluses accumulated over the years, we have sufficient financial resources to support our business growth. As such, we are not in need of additional capital"

[Swinger]

http://www.fairprice.com.sg/webapp/wcs/s...orporate=Y

https://orgnet.income.com.sg/uiGuide/gui...x?gde=3285

No longer for sales anymore, you can at most get $20 worth of share if you sign up as a member for fairprice. Heard the waiting list is extremely long if you want to buy more

"Applications for Income shares have been closed since December 2004. With surpluses accumulated over the years, we have sufficient financial resources to support our business growth. As such, we are not in need of additional capital"

I owned some Income Shares bought around 2004 and the dividends have been exactly as Shanrui has outlined. I wish to add that every interval of 5 to 10 years bonus shares may be declared. This can be taken as capital appreciation on top of the dividend.

Unfortunately they are not in need of extra capital at the moment but they may open their share subscription in the future.

[Temperament]

http://www.fairprice.com.sg/webapp/wcs/s...orporate=Y

https://orgnet.income.com.sg/uiGuide/gui...x?gde=3285

No longer for sales anymore, you can at most get $20 worth of share if you sign up as a member for fairprice. Heard the waiting list is extremely long if you want to buy more

"Applications for Income shares have been closed since December 2004. With surpluses accumulated over the years, we have sufficient financial resources to support our business growth. As such, we are not in need of additional capital"

I owned some Income Shares bought around 2004 and the dividends have been exactly as Shanrui has outlined. I wish to add that every interval of 5 to 10 years bonus shares may be declared. This can be taken as capital appreciation on top of the dividend.

Unfortunately they are not in need of extra capital at the moment but they may open their share subscription in the future.

Yes, i remember when we (me&wife) wanted to buy more than 10,000 shares for each of us, NTUC only offered 1000 for each of us. And that was "donkey years" ago. Sorry for the late comers. When more old folks say "Sayonara", maybe NTUC will offer again.
By the way, how to sell our shares? Or we can only redeem at "face value?"

[Swinger]

http://www.fairprice.com.sg/webapp/wcs/s...orporate=Y

https://orgnet.income.com.sg/uiGuide/gui...x?gde=3285

No longer for sales anymore, you can at most get $20 worth of share if you sign up as a member for fairprice. Heard the waiting list is extremely long if you want to buy more

"Applications for Income shares have been closed since December 2004. With surpluses accumulated over the years, we have sufficient financial resources to support our business growth. As such, we are not in need of additional capital"

I owned some Income Shares bought around 2004 and the dividends have been exactly as Shanrui has outlined. I wish to add that every interval of 5 to 10 years bonus shares may be declared. This can be taken as capital appreciation on top of the dividend.

Unfortunately they are not in need of extra capital at the moment but they may open their share subscription in the future.

Yes, i remember when we (me&wife) wanted to buy more than 10,000 shares for each of us, NTUC only offered 1000 for each of us. And that was "donkey years" ago. Sorry for the late comers. When more old folks say "Sayonara", maybe NTUC will offer again.
By the way, how to sell our shares? Or we can only redeem at "face value?"

Below Q & A from the website is quite clear . .

4. Can I withdraw my shares urgently if I require the funds?

Yes, you can request for urgent withdrawal. Under our by-laws our board of directors has the discretion to waive the notice period of 3 months. We are usually able to find another shareholder to take over your shares, so you do not need to wait for 3 months.

[snowcap]

Been a fan of Dairy Farm since I started investing in 2003. Didn't know anything other than "scuttlebutt" - saw that Shop and Save and Giant were always well patronised, and basically recession proof since people need groceries. And omg the smashing success of IKEA (although in Sg it's not under Dairy Farm). When I bought DF in 2003 at $2.00 people were saying it's so expensive (it was all-time high, rising from sub-$1). I sold out and bought back several times.

Just wondering what's behind the recent spike in price (10.50 to 11.50) in just 2 days??