Friday, November 28, 2014
Super Group
Super Group: Featured 17 small-cap companies in CLSA’s Asean Access day. The Singapore stock which the house found most interesting was Super Group, where the group highlighted that 2014 was a year of consolidation as they were beset by volatile commodity prices in a period of change as they underwent their rebranding exercise.
However, a decline in soft commodity prices, combined with rebranding efforts gaining traction should support margins, and Super expects that the group should improve operationally from 2H15 onwards as their rebranding exercise starts to pay dividends.
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