Serial System

Serial System: While making recent investments in JB Foods and Etika, Sam Goi has been quietly accumulating shares in Serial System. He now owns 12.48% of Serial System, and is firmly entrenched as the second largest shareholder of the company. The No.1 owner is the chairman and CEO, Derek Goh, who also has been a regular buyer of Serial shares. Serial has two key business segments - the electronic components distribution business registered a net profit of S$2.3m in 3Q12 vs $2.1m in 3Q11. Serial's other businesses posted a loss of $0.01 million in 3Q12 as compared to a profit of S$0.2m in 3Q2011. That's mainly attributable to lower profit earned by wholly-owned subsidiary, Contract Sterilization Services Pte Ltd. News of Mr Goi's investments in Etika and JB Foods has sent the 2 stocks surging. Will investors take a shine to Serial System too?