Cerebos Pacific
It's always sad when good and well-run companies are being privatized and i guess Cerebos Pacific will fit the Warren Buffet's type of investments where the Company is producing excellent products and trusted by consumers. The company has also been generous to its shareholders by distributing dividends annually and giving discount vouchers for the Chicken Essence to its shareholders during their birthdays.
I have a friend who is a loyal shareholder and has been receiving dividends for a few years and today is a bitter sweet experience for him. Happy yet sad. The Company offered a decent price which is at 'record level' to buy out this company. It will be interesting to see if the minority investors will bite into the offer. Kudos to those who have invested in this, i am sure they have been amply rewarded with dividends and capital gains.
It brings back an investment theme which I must work on. Think like a business owner. Buying good and well run companies that produces products that you like and uses frequently and pays a dividend every year. I have not done any homework below but perhaps the list can go like this:
Breadtalk - Toast Box and bakery
FJ Benjamin - Raoul
QAF - Gardenia bread
Dairy Farm - Cold Storage, ShopNSave, 7-11
Sheng Shiong - supermarkets
What other companies you like other than the usual telcos, transport operators?
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