SINGAPORE (Nov 5): Maybank is maintaining its “buy” call on Super Group with a $1.42 target price as the 3-in-1 coffee manufacturer starts to roll out new products with higher average selling prices which should benefit growth & margins from FY16.

In a Thursday report, analyst Gregory Yap says Super has started to roll out its new Branded Consumer (BC) products in Singapore, Malaysia and China, followed by the rest of its markets by 1H16.

It is launching the premium-priced ESSENSO micro-ground coffee in Singapore and Malaysia.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook