Three Consumer Staples stocks – Super Group, Japfa and SunMoon Food Company – and one Consumer Discretionary stock, Genting Singapore, were among the 10 biggest volume leaders last week.
Super Group, the subject of a privatisation offer, had the second-biggest increase in traded volume last week and the highest traded volume amongst the four Consumer stocks. The four Consumer plays generated an average total return of 61.0% in the year-to-date and an average total return of 15.3% last week.
Three Real Estate plays – Global Logistic Properties, Mapletree Greater China Commercial Trust and Keppel DC REIT – also featured in last week’s top 10 volume leaders. The three Real Estate plays generated an average total return of 14.7% in the year-to-date and an average total return of 3.0% last week.
The Consumer Sector had the largest representation among last week’s 10 most actively traded stocks with the biggest volume increases. The list comprised three Consumer Staples stocks – Super Group, Japfa and SunMoon Food Company – and one Consumer Discretionary stock, Genting Singapore. For the purposes of this report, a stock qualifies to be actively traded if it has been listed on Singapore Exchange (SGX) for at least three months and maintains a three-month historical daily turnover of at least S$500,000.
Super Group, the subject of a privatisation offer, had the second-biggest increase in traded volume last week and the highest traded volume amongst the four Consumer stocks. Both Super Group and SunMoon Food Company were also amongst the top 10 volume leaders for the month of October. More specifically, SunMoon Food Company was the second-largest volume leader last month. The four Consumer plays generated an average total return of 61.0% in the year-to-date and an average total return of 15.3% last week.
Three Real Estate plays also featured in last week’s top 10 volume leaders. They were Global Logistic Properties, Mapletree Greater China Commercial Trust and Keppel DC REIT. Global Logistic Properties was last week’s top volume leader, generating a total return of 15.1%.
Global Logistic Properties
Global Logistic Properties owns, manages, and develops logistics facilities. Its property portfolio consists of approximately 52 million square meters of logistics facilities across China, Japan, the United States, and Brazil. The company manages a portfolio of 229 logistics parks in China, 94 logistics parks in Japan, 63 logistics parks in Brazil and 690 logistics parks in the United States. It is also involved in the property investment and management activities.
On 2 November, the stock surged 8.66% to close at S$1.945 from S$1.790 the previous day. The number of shares traded that day was 138,956,300, which was almost 11 times its three-month average traded volume and almost 2.5 times its average volume traded last week.
The jump in stock price was attributed to takeover speculation. In response to queries by SGX on its trading activity, Global Logistic Properties announced later that day that it was not in discussions with an investor group. Click here for the statement. Global Logistic Properties will also release its results for the second quarter ended 30 September 2016 tomorrow before the start of trading.
Super Group
Super Group manufactures and distributes instant food and beverage products primarily in Singapore, Southeast Asia, East Asia, and internationally. It operates in two segments, Branded Consumer and Food Ingredients. In addition, it is involved in the wholesale, import, and export of pre-packed non-dairy creamers and other food ingredients; and distribution of beverages and food products, as well as operation of cafes.
On 3 November, the stock jumped 29.9% to close at S$1.260 from S$0.970 the previous day. The total number of shares traded that day was 42,818,700. Jacobs Douwe Egberts B.V. made a pre-conditional offer to acquire Super Group from a group of shareholders for S$1.4 billion on 3 November 2016. Under the terms, Jacobs Douwe Egberts will acquire all the issued ordinary shares of Super Group for a cash price of S$1.30 per share. Click here for details of the offer. Super Group also issued a response to queries by SGX on its trading activity on 3 November, which can be found here.
One Energy, one Healthcare and one Industrials stock made up the rest of last week’s volume leaders. To see more details on price moves, corporate announcements and actions of each of the actively traded stocks that saw the biggest increases in relative volumes, click on each stock name below.
| Name | SGX Code | 3 Month Avg Vol Traded | Last Week Avg Vol Traded | Vol Variance | Last Price (SGD) | Price Variance | 3 Month SDAV (S$) |
|---|---|---|---|---|---|---|---|
| Global Logistic Properties | MC0 | 12,930,382 | 57,294,440 | 343.10% | 2.060 | 10.42% | 24,580,483 |
| Super Group | S10 | 3,312,291 | 14,361,080 | 333.57% | 1.250 | 49.37% | 3,197,316 |
| QT Vascular | 5I0 | 18,577,226 | 58,419,020 | 214.47% | 0.102 | 22.42% | 1,687,916 |
| Japfa | UD2 | 3,112,609 | 8,230,220 | 164.42% | 0.925 | 13.03% | 2,576,426 |
| Genting Singapore PLC | G13 | 13,698,034 | 35,520,480 | 159.31% | 0.850 | 12.82% | 10,450,755 |
| Mapletree GCC Trust | RW0U | 4,619,363 | 10,392,420 | 124.98% | 0.990 | -9.03% | 4,977,183 |
| ComfortDelGro Corporation | C52 | 8,087,803 | 17,724,280 | 119.15% | 2.450 | -11.84% | 22,252,366 |
| Keppel DC REIT | AJBU | 1,954,532 | 4,096,580 | 109.59% | 1.210 | -0.04% | 2,375,248 |
| KrisEnergy | SK3 | 9,065,190 | 18,833,820 | 107.76% | 0.149 | 22.64% | 1,258,946 |
| SunMoon Food Company | AAJ | 21,875,769 | 44,415,280 | 103.03% | 0.112 | 65.27% | 2,325,882 |
Source: SGX, Bloomberg & SGX StockFacts (data as of 4 November 2016)
*Note: Includes only stocks that have generated at least S$500,000 in daily turnover over past three months, Stocks with IPO Dates within the past three Months have been excluded from reporting. Volume Variance is the percentage variance of the Last Week’s Average Volume Traded and three Month Average Volume Traded. Price Variance is the % variance of the Last Traded Price of a counter and its 3 Month Average Closing Price.
| Name | SGX Code | Market Cap in S$M | Total Return YTD % | Total Return 1st Week of November % | P/E | Dvd Ind Yld % | GICS® Sector Name |
|---|---|---|---|---|---|---|---|
| Global Logistic Properties | MC0 | 9608 | -1.1 | 15.1 | 11.7 | 2.9 | Real Estate |
| Super Group | S10 | 1404 | 52.8 | 38.9 | 31.5 | 1.8 | Consumer Staples |
| QT Vascular | 5I0 | 100 | -1.9 | 2.0 | N/A | N/A | Health Care |
| Japfa | UD2 | 1623 | 98.2 | 10.8 | 7.4 | 0.5 | Consumer Staples |
| Genting Singapore PLC | G13 | 9130 | 12.5 | 13.3 | 91.6 | 1.7 | Consumer Discretionary |
| Mapletree GCC Trust | RW0U | 2807 | 16.4 | -2.8 | 7.0 | 7.3 | Real Estate |
| ComfortDelGro Corporation | C52 | 5499 | -17.0 | -5.8 | 17.6 | 3.7 | Industrials |
| Keppel DC REIT | AJBU | 1116 | 28.8 | -3.2 | 10.7 | 5.4 | Real Estate |
| KrisEnergy | SK3 | 220 | -10.2 | -3.9 | N/A | N/A | Energy |
| SunMoon Food Company | AAJ | 37 | 80.6 | -1.8 | N/A | N/A | Consumer Staples |
| Average |
|
| 25.9 | 6.3 | 25.3 | 3.3 |
Source: SGX, Bloomberg & SGX StockFacts (data as of 4 November 2016)
