Shares & Derivatives
What a Super day
By A Pen Quotes  •  November 4, 2016
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: ......
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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
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