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I also dont know. I bot 0.810 last year, saw it hit 1.52 and this few day down so much no choice this morning sell all at 1.35. STI really kanna gang rape hard this time.
crystal1818 ( Date: 24-Feb-2011 16:40) Posted:
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Why the sudden dropped in price from 1.4x to 1.2x?
ohboyohboyohboy...
cuppa overbred huh?!...
what da story like....
Super is a home-grown brand in Singapore and it remains a major market for us. We have since replicated in Southeast Asia our hugely successful marketing strategy.
Industry Outlook and Future Plans
The Group expects market conditions to remain competitive in the next twelve months while currency fluctuations and rising raw material costs, such as coffee bean and sugar price, will impact the Group’s operating performance. However, management is familiar with these challenges and will continue to take appropriate actions in managing their impact on the Group’s businesses. With increasing raw material costs, the Group will continue to review the retail prices of its products taking into account competitors’ actions in the key markets. The Group will continuously focus its efforts on the dual-engine of growth – Branded Consumer and Ingredients sales. In view of the robust demand for the Group’s non-dairy creamer, especially in the China market, management is installing an additional production line to expand the Group’s annual production capacity to 100,000 metric tons from 75,000 metric tons by 3Q11. The Group concludes the current financial year with a cash reserve of S$141.8 million and will continue to grow its core businesses and strengthen its brand. Management will also seek out synergistic business opportunities and ventures to enhance shareholder’s value.Robusta coffee bean prices peaked at about US$2,600 a ton in 2008. Right now it is already about US$2,300 to US$2,400. We believe prices will soften.
krisluke ( Date: 23-Feb-2011 22:11) Posted:
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soaring coffee seeds increase operation expenses, thus require more $ to buy soft comm.
nestle? i heard BBs selling ? ??
SOUTHEAST ASIA'S leading instant coffeemix player, Super Group, today posted revenue growth of 18.8% in FY2010 to reach S$351.8 million.
Group rewards shareholders with total dividends of 5.4 cents per share for FY10, representing 50.1% of net profit
We plan to launch 3 to 4 coffee-related products this year. We have the quality and food safety. China players currently do not have the technology (they are not even able to export Taiwan) while large food ingredient manufacturers like Nestle charge a premium. So there is a gap where we can fill. The manufacturers of consumer F& B products in China are very large players with large volumes given its huge population.
http://www.nextinsight.net/index.php/story-archive-mainmenu-60/912-2011/3528-super-grows-fy2010-top-line-188-to-s352m-proposes-36-cent-dps
SUPER DELIVERS 46.7% YOY NET PROFIT GROWTH FOR FY10
Group rewards shareholders with total dividends of 5.4 cents per share for FY10, representing 50.1% of net profit
SUPER DELIVERS 46.7% YOY NET PROFIT
GROWTH FOR FY10
Highlights:
•
Consumer and Ingredients sales
Revenue jumped 18.8% YoY boosted by higher Branded•
Gross profit margin increased by 2.4 percentage points YoY•
share for FY10, representing 50.1% of net profit
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_25B0B5A77996977E4825784000194860/$file/Press_Release_FY10.pdf?openelement
wah seh ! !! 147 liao. vested last year. hmm yum yum ^-^
UOBKH recommends BUY with Target price at $1.66
What’s New
• Initiate with BUY. We initiate coverage on Super Group (Super) with a
BUY.
Stock Impact
• Undervalued proxy on Asia consumption. We initiate coverage on
Super with a BUY and a target price of S$1.66. This is based on a PEG
of 1.0x, which we think is justified given its steady and solid 16% net
profit CAGR over the next three years. Our target price implies 16.4x
2011F PE, which is within its historical PE range of 7-25x since 2003.
• Strong presence in Southeast Asia. The group is a leading instant food
and beverage brand owner with a strong position in Southeast Asia.
Super owns more than 10 brands that target different consumer groups.
The Group has a top-3 market share (for 3-in-1 coffee segment) in
Singapore, Malaysia, Thailand and Myanmar.
• Solid track record. The group has a solid earnings track record, with a
17% net profit CAGR over the past five years. Looking ahead, we
forecast Super to register a three-year EPS CAGR of 16%, underpinned
by a 10-15% rise in demand in its consumer goods segment and a
stronger 22% CAGR growth in ingredient sales over 2010-12F (which
account for 11-13% of group turnover in 2010-12F).
• Capital management and M&A. Management is committed to a
dividend payout of 50%. Given its free cash flow, we project the payout to
translate to a decent dividend yield of 3.9% in 2010F and 3.7% in 2011F.
As at Sep 10, its net cash was S$117.6m (S$0.21/share).
Earnings Revision/Risk
• We estimate Super’s EPS to rise at a 3-year CAGR of 16% in 2010-12F,
driven by:
a) Steady annual demand growth of 10-15% in its key markets,
including Singapore, Malaysia, Vietnam and Myanmar for its
branded consumer goods (mainly 3-in-1 instant coffee). In Vietnam,
the group also plans to increase its distribution channels to improve
market coverage.
b) Strong growth from its ingredient sales division. This segment has
enjoyed strong growth since its inception in 2007 and we think this
division could continue to grow significantly given its scalability and
the market’s strong demand for reliable suppliers of ingredients.
Key markets for this segment include China and Taiwan
Key risks include volatile raw material prices, forex volatility, reputational
risk from contamination of raw materials and non-accretive M&A activities.
Valuation/Recommendation
• BUY with a target price of S$1.66, based on a PEG of 1.0x. At our
target PEG of 1.0x, the implied target PE is 16.4x, which is within the
stock’s historical PE band of 7-25x since 2003, and still below 1SD above
its mean PE of 17.7x since 2003. As a sanity check, we estimate its DCF
valuation at S$1.63, which is close to our target price.
Share Price Catalyst
• We see potential share price catalysts from:
a) Better-than-expected earnings in 2011F (as its Indonesia and Vietnam
plants commence), potential M&A due to its strong balance sheet (net
cash of S$117.6m), and
b) Capital management exercise (higher dividends and share buy-backs).
As at Sep 10, its net cash balance was S$117.6m, a war chest for
more M&A or capital management
Life Is Great
Super Group: S$1.31 NEUTRAL (TP: S$1.24)
Input cost spike a concern
3Q10 results were within expectations as recurring net profit increased 71%
YoY to S$14m on the back of 12% revenue growth and 7ppt gross margin
expansion to 40%. Our previous BUY recommendation has played out well with
share price raising 60% since our April 2010 initiation. After six
consecutive quarters of expansion, GPM could soon weaken on surging input
costs. At higher effective tax rate assumption of 15%, we reduce our FY10F
and FY11F earnings estimates by -4% and -14% to S$49m and S$47m
respectively. We increase our target multiple to 14.6x P/E (previously
11x), +1SD from its historical 11x mean to factor in a positive F&B sector
sentiment ,and roll it forward to FY11F earnings estimates. Our new derived
TP is S$1.24. Downgrade to NEUTRAL.
12% top-line growth. Consumer goods sales grew by 7% to S$72m from growth
in Thailand, Malaysia and Mongolia. Strong non-diary cream demand in China
helped ingredient sales to increase 47% to S$15m. New production capacities
of 25,000 tons in Wuxi plant had commenced production in Sep10 and are
filled with orders, which are backed by yearly contracts. Company is
committing another US$20m to expand production capacity by 75,000 tons. 1st
phase of 25,000 tons is expected to be completed by Aug 2011.
7ppt gross margin gain. In-line with lower input Robusta coffee prices of
around US$1,300/ton (3Q09: US$1,600/ton), 3Q10 GPM grew 7ppt to 40%, with
consumer goods commanding better GPM of >40%, as compared to ~25% of
ingredient sales. After six consecutive quarters of expansion, GPM could
soon weaken on surging input costs.
Margins likely to contract on cost spike. Based on a 6-month lag, 3Q input
costs for Robusta coffee bean and palm oil are estimated at US$1,300+/ton
and US$800+/ton. Oct prices of Robusta coffee bean and palm oil have since
increased to around US$1,800/ton and US$900/ton respectively.
Source: DMG
Make Love More, Don't Make More Enemies
lol. pun intended?
Brendan982201 ( Date: 28-Sep-2009 20:30) Posted:
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Anyone have any news on this counter, look like it is going to Cheongggggggg man.
anything brewing??
Very hard to play when Mr Sam (BIG boys) invest. Most small investor will get caught at the high. Look at Thai village , union steel are good example. He win most of the time.
Super Coffeemix's Q3 net profit up +27%, 9 months ended -10%
Super Coffeemix Manufacturing said on Wednesday that its net profit for the three months ended September 30, 2008 rose 27 per cent to S$6.2 million, from S$4.9 million a year ago as sales grew.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_2EFF0527CDE65731482574FF0022F8E6/$file/Super_Coffeemix_3Q08_Results_Announcement.pdf?openelement
takeover news over...
profit falling...
any more reasons for me to hold on to this?
Super Coffeemix
"It's very disappointing. Super Coffeemix should retract back to the 60-70 cents range. The company is still a decent takeover target, because its products are distributed to many countries -- fundamentally, the company is fine," a broker said.
"I think the management is looking for a 90 cents to $1 offer."
End of story......???
probably cursing the story teller and the russians
nickyng ( Date: 30-May-2008 16:07) Posted:
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