Today I came across the news that Dutch tea and coffee company Jacobs Douwe Egberts (JDE) has made a S$1.45 billion all-cash offer for Singapore instant beverage maker Super Group Ltd. (read here and here).
On 2 Nov 2016, SSI has already hinted on the possibility of privatisation due to the trading halt (read here).
Well, I have been holding on to Super Group shares since June 2014. And I have been purchasing its stocks on the way down. Come to think of it, it was only recently in Aug 2016 that bought some Super Group shares (read here).
Although I have technically not received the realised profits on the shares, it was nevertheless a good feeling to know that the value of the company is validated by an external party – Jacobs Douwe Egberts (JDE).
As mentioned by Super founder and managing director David Teo Kee Bock: ......