I knew Dairy Farm as a stock for sometime and have known that it is relatively less volatile then most of the other stocks.
But it is beyond my perception that it is trending so well.
For those who are unfamiliar with Dairy Farm, This company’s history dates back to 1886! It carries a lot of the moms and pops business or the WALMART kind of business that we engaged in today. These are the group of companies under Dairy Farm:
- 7 Eleven
- Cold Storage
These are businesses that even during recession you will do ok but during good times it will move up as GDP moves up.
I only manage to grab the share price from 2001 till today. If any readers have a longer chart feel free to provide me.
Click to see larger chart.
Take a look at the period from end 2007 till start 2009. Crazy Shit. Help me disprove that Dairy Farm’s price is stable by providing one during the Asian financial crisis.
Disclosure: Author is not vested in Dairy Farm
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