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[STOCK] SUPER GROUP LTD.
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13-8-2013 8:17 PM
babylon Offline
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Happy: Super up 3% as Q2 profit doubles

Published August 12, 2013
By cai haoxiang

Shares in instant food and beverage maker, Super Group, rose after it reported a net profit of $36.5 million for the second quarter ended June 30, 2013, up 108 per cent from $17.5 million a year ago.

Revenue was up 23 per cent to $138.3 million for the quarter, from $112 million the same period a year ago.

An interim dividend of 2 cents per share, payable September 6, was declared. This is unchanged from a year ago.

The results were due to higher sales revenue, higher gross profit margins, and a $17.1 million gain from the sale of the company's 35.3 per cent interest in Sun Resources Holdings, an associated company doing property development in China.

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31-8-2013 5:04 PM
babylon Offline
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Happy: Super Group in China JV to manufacture glucose syrup solids

PUBLISHED AUGUST 31, 2013
BY CARINE LEE CARINEL@SPH.COM.SG
Singapore

SUPER Group yesterday unveiled a joint venture agreement in China that will see the group manufacture glucose syrup solids - a key ingredient in its non-dairy creamer.

It said the joint venture will enhance the upstream integration within Super's ingredient division to improve cost efficiency.

Its indirect wholly owned subsidiary Super Continental Pte Ltd (SCPL) and its 90 per cent owned Wuxi Super Food Technology Co Ltd (WSFT) have inked an agreement with Shanghai Shang Heng Co Ltd (SSH) to jointly establish a US$30 million company in China.

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26-9-2013 11:09 AM
babylon Offline
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Cool: Super Group's Chinese coffee market foray has profit potential

FOOD & BEVERAGE, RETAIL | Staff Reporter,
Singapore Published: 1 hour 22 min ago

Could soon become a significant contributor.

"China branded consumer sales currently make up less than 5% of Super’s total revenue (through cereal), but we believe this segment has the potential to become a significant contributor in the next 2-3 years," according to Maybank Kim Eng in its latest company update covering Super Group.

Here's the complete analysis from Maybank:

Making a splash in China. Super recently launched its coffee products in China, where it used to just sell instant cereals. The new products and brand identity were unveiled to the media on 18 August, along with endorsement from famous Chinese actress and singer Wang Luodan.

In the accompanying trade fair, more than 1,000 regional distributors turned up. We understand from management that sales orders and reception were very positive. Converting 1.4b tea drinkers. Admittedly, China is a tea-drinking country with no coffee culture.

But coffee consumption is picking up, driven mainly by a younger audience influenced by the Starbucks Culture and patient marketing by market leader Nestle.

From a low base, consumption of instant coffee is expected to grow at 12% CAGR over the next five years and we believe the time is ripe for Super to capitalise on this expected growth without overinvesting. Early mover in instant cup format. A major marketing thrust is the introduction of a new instant cup format that will be sold mainly through convenience stores.

In recent years, companies like XiangPiaoPiao have generated huge sales from bubble tea in instant cup formats, and Super hopes to achieve the same results for coffee. In our view, being remembered as an early mover in a popular product category does wonders for building brand equity.

New JV to enhance ingredients capability. Super recently announced a 40:60 JV in China with a local company, Shanghai Shang Heng. The JV will undertake the manufacturing of liquid glucose syrup solid, a key ingredient for non-dairy creamer. Super’s cash investment is estimated at USD3m. With its non-dairy creamer production facilities and existing distribution network in Jiangsu Province, we believe the execution risk for its China branded consumer strategy is lower.

Reiterate BUY. China branded consumer sales currently make up less than 5% of Super’s total revenue (through cereal), but we believe this segment has the potential to become a significant contributor in the next 2-3 years.

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21-2-2014 8:56 PM
Milo Offline
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Something Brewing, Monday Halt
inside news pushing up $4.
Congrat those who vested
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22-2-2014 7:33 PM
ysh02 Online
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They always 'halt" for announcement of result like last Nov; after announcement drop like hell...insider last time also 'pust up' to run road type.. many times since last year , I detected loh... "iOCB Chart Alert" before said this stock can dropped below $3.00 with their owned "charting tool "detected
this pattern happened within 60 days (Market)..... recorded in Nov last year..
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23-2-2014 10:20 AM
ysh02 Online
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No news
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24-2-2014 10:17 AM
Praise Offline
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What's up? Halt?
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14-5-2014 9:36 PM
hp3000 Offline
色不异空,空不异色,色即是空,空即是色。

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Many analysis from broker flims had stop their buy call to hold.

Also some had given a " sell" rating.

The main point are below :

1) Major consumer segment - Thailand drop.

2) Major Food ingredient division - Indonesia drop.

3) Commodity prices rise - coffee beans, sugar all went up.

Sales for Super Group' s branded consumer segment ‐ which sells
instant coff ee, tea and cereal ‐ had been aff ected by the civil unrest in Thailand,
which it said has dampened consumer spending and
discouraged businesses from stocking up their inventories. The
country is Super Group' s largest market for the branded consumer division.

For its food ingredient division ‐ which manufactures soluble coffee
powders and non‐ dairy creamers for other beverage makers ‐ lower sales into
Indonesia was only partially offset by higher sales into
markets in the East Asia region.

Super Group' s branded consumer segment
For Thailand (sales -11% yoy), management guided that half of the sales
decline is due to forex effects, with a real slowdown in consumption driving the
other half. Not only are retailers and wholesalers pulling back orders in
anticipation of lower demand, but wholesalers are also facing rising bad debt
risks and have cut out some distributors. We also understand that sales
performance would have been even worse, if not for Super Group' s success in
breaking into the new markets in the northern states. Thailand is a big worry.

Food ingredient division
For SE Asia, Indonesia (largest market) saw sales declining 30% yoy.
This was partly due to:
1) the effects of a weaker Rp,
2) customers' pre-emptive stocking up in 4Q, in anticipation of rising commodity costs.
3) some customers losing end-market market shares for some products.
The latter two reasons crop up as new worries for Super Group' s investment thesis as
they imply that the strong 4Q13 performance for FI was due to the effects of pent-up
demand and the prior high-growth years for food ingredients might have hit a ceiling.

Commodity prices, particularly those for robusta coffee beans, sugar and crude palm oil
‐ key ingredients for Super' s instant beverages ‐ have risen over the fi rst quarter.
" Rising raw material costs will affect the F& B industry and the group' s operating performance.

Just my point of view. For those whose want to buy more to average do see the market direction first.

It may drop further but don' t blame me if it went up. I totally don' t have any share on this but just want your to be careful.

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27-5-2014 5:24 PM
Peace Offline
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Just notice this share is now $1.50.. From high of $4. What happened?
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27-5-2014 5:34 PM
cowrider Online
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1 for 1 bonus share, so price will roughly be halved.
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