Director dealings: Dairy Farm boss adds to stake
Updated : 16:36
Graham Allan, chief executive of pan-Asian retailer Dairy Farm International, has popped into the market to buy a few more shares, after buying a chunk last week.
The Australian spent another US$78,000, buying 13,100 shares at $5.92, having bought 40,000 on Friday at $5.955.
Shares in the company were crunched in the aftermath of interim results last July, falling from above $8.50 to trade in a fairly tight channel around $6 since November.
Final results earlier this month showed the challenging retail environment squeezed food and health & beauty profits, although most key businesses achieved positive like-for-like sales growth.
At the time, the company said although the economic slowdown in the region would continue, especially in Southeast Asia countries, it would persist with its strategy of "driving sales and profit growth in ways that build long-term value", investing in new and existing stores and strengthening brands thanks to its strong operating cash flow and sound balance sheet.
Top Director Buys
Dairy Farm International Holdings Ltd. (singapore) (DFI)
Director name: Allan,Graham
Amount purchased: 13,100 @ $5.92
Value: $77,532.35
Aviva (AV.)
Director name: Arney,Claudia
Amount purchased: 14,000 @ 489.90p
Value: £68,586.00
Total Produce (TOT)
Director name: Toland,Kevin
Amount purchased: 50,000 @ € 1.53
Value: € 61,838.17
Greencoat Uk Wind (UKW)
Director name: Ingram,Tim
Amount purchased: 28,214 @ 107.75p
Value: £30,399.18
Electra Private Equity (ELTA)
Director name: Bramson,Edward
Amount purchased: 600 @ 3,450.00p
Value: £20,700.00
Consort Medical (CSRT)
Director name: Ginman-Jones,Charlotta
Amount purchased: 948 @ 1,047.50p
Value: £9,930.30
Non-standard Finance (NSF)
Director name: Teunon ,Nick
Amount purchased: 10,000 @ 73.00p
Value: £7,300.00
Aa (AA.)
Director name: Clarke,Martin C
Amount purchased: 55 @ 273.00p
Value: £150.15
Aa (AA.)
Director name: Mackenzie,Bob
Amount purchased: 55 @ 273.00p
Value: £150.15
Petrofac Ltd. (PFC)
Director name: Weller,TimÂ
Amount purchased: 14 @ 900.50p
Value: £126.07
Top Director Sells
British Polythene Industries (BPI)
Director name: Kane,Hilary
Amount purchased: 1,600 @ 707.00p
Value: £11,312.00