Daily BriefsSingapore

Daily Brief Singapore: Delfi Ltd, SGX Rubber Future TSR20 and more

In today’s briefing:

  • Delfi : Consumer Company with Reasonable Valuations
  • Sri Lanka’s Rubber Swayed By Policy Turbulence, New Investment


Delfi : Consumer Company with Reasonable Valuations

By Punit Khanna

  • Number 1 chocolate company in Indonesia with own brands like SilverQueen, Ceres etc. The company also distributes third party brands across South Asia.
  • Cocoa prices have halved from their recent peak but still they are higher than historical average
  • Stock trades at reasonable multiple to its 2023 earnings when cocoa prices were stable

Raising Money for Persons with Disabilities in Singapore

For your kind consideration

This report has been prepared by Vriddhi Consulting, founded by Punit and Debjani Khanna. A portion of the research was contributed by Shubham Khanna, an individual on the autism spectrum.  We are grateful to Smartkarma for providing a platform to share this research and amplify its impact.

All proceeds from the publication of this report will be donated to support people with disabilities in Singapore. If you find this report valuable, we invite you to support our campaign, “Raising Money for Persons with Disabilities in Singapore.” Every contribution directly benefits the Goh Chok Tong Enable Fund and qualifies for a 250% tax deduction for Singapore tax residents.

To contribute, please visit this URL. 


Sri Lanka’s Rubber Swayed By Policy Turbulence, New Investment

By Vinod Nedumudy

  • Rubber product export slip accentuates by August  
  • Industry warns SVAT removal may choke liquidity  
  • CEAT’s US$171 million move gives manufacturing impetus  

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