DTCK icon

Davis Commodities

1.10 USD
-0.03
2.65%
At close Jan 21, 4:00 PM EST
Pre-market
1.09
-0.01
0.91%
1 day
-2.65%
5 days
0.00%
1 month
-1.79%
3 months
1.85%
6 months
-3.51%
Year to date
0.00%
1 year
16.40%
5 years
-78.22%
10 years
-78.22%
 

About: Davis Commodities Ltd is an agricultural commodity trading company based in Singapore which specializes in trading of three main categories of agricultural commodities namely sugar, rice, and oil and fat products. It distributes agricultural commodities to various markets, including Asia, Africa and the Middle East. The company also provides customers of commodity offerings with complementary, ancillary services such as warehouse handling and storage and logistics services. The Company operates across four main segments: the sale of sugar, rice, oil and fat products, and others. Among these, the sale of sugar stands out as the primary revenue generator, contributing significantly to the company's overall income.

Employees: 22

0
Funds holding %
of 6,823 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

75% more capital invested

Capital invested by funds: $52.2K [Q2] → $91.3K (+$39.1K) [Q3]

33% more funds holding

Funds holding: 3 [Q2] → 4 (+1) [Q3]

0.17% more ownership

Funds ownership: 0.19% [Q2] → 0.35% (+0.17%) [Q3]

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 1

Research analyst outlook

We haven’t received any recent analyst ratings for DTCK.

Financial journalist opinion

Based on 3 articles about DTCK published over the past 30 days

Neutral
GlobeNewsWire
19 hours ago
Davis Commodities Limited and Kohai Jointly Engage in Strategic AI Investments
SINGAPORE, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Davis Commodities Limited (NASDAQ: DTCK), a global leader in commodities and logistics, and Kohai, an innovative gaming and eSports organization, today announced the signing of a Memorandum of Understanding (MOU) to jointly invest in Kinetic AI, a company that develops enterprise solutions using artificial intelligence (AI). Empowering Businesses with Innovative AI Solutions The global AI market is forecasted to surpass $1 trillion by 2030, showcasing the immense growth potential within the artificial intelligence sector.
Davis Commodities Limited and Kohai Jointly Engage in Strategic AI Investments
Neutral
GlobeNewsWire
2 weeks ago
Davis Commodities Limited Announces USD 2 million AI Operation Enhancement MOU with QBE.AI Limited
This partnership brings together Davis Commodities' extensive market expertise and global trading network with QBE.AI's cutting-edge AI technology.
Davis Commodities Limited Announces USD 2 million AI Operation Enhancement MOU with QBE.AI Limited
Neutral
GlobeNewsWire
4 weeks ago
Davis Commodities Limited Secures S$10 Million Banking Facility to Fuel Strategic Growth
SINGAPORE, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Singapore-based Davis Commodities Limited (NASDAQ: DTCK) (the "Company" or "Davis Commodities"), has recently finalized a significant financial agreement, entering into a S$10,000,000 banking facility to fortify its operational capacities and propel strategic expansion efforts. This substantial facility stands as a part of foundation in supporting the Company's strategic expansion endeavors.
Davis Commodities Limited Secures S$10 Million Banking Facility to Fuel Strategic Growth
Neutral
GlobeNewsWire
2 months ago
First Half of Fiscal Year 2024 Unaudited Financial Results
SINGAPORE, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK) (the "Company" or "Davis Commodities"), an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products, announced its financial results for the six months ended June 30, 2024. Ms. Li Peng Leck, Executive Chairperson and Executive Director of Davis Commodities, commented, “Our performance is shaped by fluctuations in commodity prices and shipping costs.
First Half of Fiscal Year 2024 Unaudited Financial Results
Neutral
GlobeNewsWire
8 months ago
Davis Commodities Limited Announces Fiscal Year 2023 Financial Results
SINGAPORE, May 15, 2024 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK) (the "Company" or "Davis Commodities"), an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products, today announced its financial results for the fiscal year ended December 31, 2023.
Davis Commodities Limited Announces Fiscal Year 2023 Financial Results
Neutral
GlobeNewsWire
1 year ago
Davis Commodities Limited Announces First Half of Fiscal Year 2023 Unaudited Financial Results
SINGAPORE, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK) (the "Company" or "Davis Commodities"), an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products, today announced its unaudited interim financial results for the six months ended June 30, 2023. Ms. Li Peng Leck, Executive Chairwoman and Executive Director of Davis Commodities, commented, “We are thrilled to share our financial results for the first half of fiscal year 2023, which recorded a notable increase of net income by 66.6%.
Davis Commodities Limited Announces First Half of Fiscal Year 2023 Unaudited Financial Results
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