Group started in 1987 with the founding of Super Coffeemix Marketing Enterprises. On 20 June 1994, the Company was converted into a public limited company and took on its present name. The principal activities of the Company are those of manufacturer of instant cereal flakes, packers and distributors of instant beverages and convenience food products. Today, Super's products are distributed to more than 50 countries worldwide through its distribution network comprising of local retailers and distributors. Super has 13 manufacturing plants located in Singapore, Malaysia, China, Myanmar and Thailand.
Strength
- Numerous awards and accolades as good track record
- Well recognized brands. Strong marketing strategy
- Excellent manufacturing capability, a global distribution network
- Veteran management tean
- Minimal affect by the recent global financial crisis. Key market where instant coffeemix is preferred for its price and convenience.
Quantitative Analysis
Share Capital
| Number of Issued Shares (excluding Treasury Shares) | 537,738,980 |
| Number/Percentage of Treasury Shares | 4,804,000 (0.89%) |
Gross Profit Margin : In FY 09, the gross profit margin was 34.9%, 1.7 percentage points from 33.2% in FY 08 due to production efficiency and better cost control. Boosted profit to $41.7 million.
Debt and cash in hand: Cash and cash equivalent: 70.5M as at 31 Dec 2009. Decreasing trend of debt to equity ratio.
1. What is the margin of safety?
2. what is the intrinsic value?
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