price touch 52 week high with good volume , look set to continue it climb towards 90c and beyond ... buy on any dip ...
i extract the following statement from Phillip Securities :
We visited the Tuas and Malaysia’s manufacturing facilities for Super Coffeemix
Manufacturing Ltd (“Super”, “the company”) on 7th April 2010 and were satisfied with the
systematic operations in their facilities. Being a strong brand in the regional markets, the
revenue for Super had been fairly resilient even during the economic downturn experienced
in recent years.
• The company’s revenue contribution comes primarily from coffee products.
• Sales are derived mainly from Asia and the company is one of the largest producers of
coffee products.
• Potential growth in the ingredient sales segment for the company.
• Strong cash on the balance sheet that would enable the company to acquire
businesses with synergies with the company’s business model.
• Potential listing in Taiwan Depository Receipts (TDR) could result in higher valuation for
the company.
• Streamlining of business by divestment of non-core business.
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