Sunday, January 26, 2025

Privatisation of Japfa at 62 cts

I identified Japfa as a promising investment on 29 Oct 2024, with a target price of 88 cents within a year.

https://superphang.blogspot.com/2024/10/japfa-gem-is-in-making.html

On 16 Jan 2025, Japfa announced a potential share transaction. After the market closed on 24 Jan 2025, Japfa disclosed that the Santosa family, which controls this agri-food company, made an offer of 62 cents per share.

While this offer is below my initial target price, it represents a premium over Japfa's share prices from the past four years. Although my original 88-cent target will not be met, the investment still yielded an impressive 57% return in just under three months—a big angbao just before the CNY for myself and my followers who participated in this venture.


Superphang
http://superphang.blogspot.sg