Shares & Derivatives
Super Group – Time To Accept The Offer!
By Invest Openly  •  March 18, 2017
Ever since the news broke out in Nov 2016 that Super Group (S10) might be acquired by Dutch tea and coffee company Jacobs Douwe Egberts (JDE), the share price has hiked 34% to $1.30, as at yesterday (17/03/2017), which is also the offer price. For more details of the earlier news, check out the Straits Times article here. Five months later, finally received the official cash offer documentation in a super thick package. Of course, for a minion-size shareholder like me, the natural logical reaction is to accept the offer, even though it will be at a lose as I got it at the peak ($1.465). The funny thing is I noticed that there is no FFA (Form Of Acceptance and Authorisation) and self-address envelope being attached to the package, which is usually the case as per one of my more seasoned friend (this is the first ......
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By Invest Openly
My name is Richard Ng and I am a Malaysian turned Singaporean. This is a personal blog of mine detailing my venture in Share Investment Project. All the details in this blog are from my real venture (as it happens) and all amount quoted are in SGD (Singapore Dollars), unless otherwise stated.
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