SGX Stock Code: S10 / Stock Price: 1.25
Last week, we showed you how Spiking had accurately predicted a promising stock which was acquired for S$331.4m. This week, we are showing you how Spiking has again successfully identified a promising stock as early as half a year before the acquisition.
In May we featured an article showing several companies that we thought were promising. Super Group Limited was one of the companies with a return of 1820%. In the following few months, one of Spiking’s sophisticated investors Goi Seng Hui has been buying and increasing deemed shares of the company to the tune of 2.3m shares. Yesterday, it was acquired by Dutch coffee company Jacobs Douwe Egberts for S$1.05b.
Super is a Singapore-based regional integrated instant food and beverage brand owner and manufacturer. Founded in 1987, Super has built a strong foundation based on an integrated business model. The Group manufactures and distributes branded consumer products, primarily instant coffee, instant cereals and instant tea mixes products. Super is one of the leading players in the instant food and beverage industry in Southeast Asia with a portfolio of over 160 instant beverages and food products and a distribution network across 65 countries. Super is one of the few companies in the world with raw material selection and manufacturing capabilities in instant soluble coffee powder, cereal flakes and non-dairy creamer. The Group currently operates 15 strategic manufacturing facilities across Asia. Listed on the Singapore Stock Exchange since 1994, it is also a benchmark component of the FTSE ST Mid-cap Index, FTSE ST All-Share Index and the FTSE ST Consumer Goods Index.
Spiking helps our users to spot such opportunities. Our users follow investors or companies and receive real-time notifications when transactions are made. With this kind of information in hand, users can have a seamless experience when studying certain stocks in the market and join the dots together very quickly when they spot a pattern among stocks, investors or companies.
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