Super Group

SINGAPORE (Dec 6): CIMB is “overweight” on Singapore’s consumer sector while opting for a stock selection strategy based on earnings growth.

SINGAPORE (Dec 6): Super Group, the 3-in-1 coffee manufacturer, posted 3Q16 earnings of $7.4 million, which was relatively unchanged from a year ago.

SINGAPORE (Nov 4): DBS Vickers Securities and CIMB Research are advocating Super Group’s minority shareholders to sell at, or accept Jacobs Douwe Egberts’ (JDE) offer price of $1.30 – or risk ending up with shares in an unlisted private company.

(Nov 3): Investment firm JAB Holding Co. offered $1.45 billion to buy Singapore’s Super Group, extending the caffeine empire of Europe’s billionaire Reimann family into Asia.

SINGAPORE (Nov 3): Super Group, the 3-in-1 coffee manufacturer, has received an offer to take over the company from Netherlands-incorporated Jacobs Douwe Egberts (JDE), a global player in the tea and coffee business.

SINGAPORE (Oct 13): Daiwa Capital Markets is maintaining its “sell” call of instant coffee manufacturer Super Group with 65 cents target price on doubts of a recovery and lack of earnings visibility.

SINGAPORE (Oct 5): Singapore stocks ended Wednesday lower, snapping gains as developers lose ground on a mixed lead from other Asian markets.

SINGAPORE (Aug 11): Super Group posted a 7% fall in 2Q16 earnings to $9.8 million from $10.5 million a year ago in 2Q15.