Super Group: Is the Recent Sell Off a Surprise?

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It is not a surprise Super Group faced a huge sell off after the recent headline news of “Super: 3Q13 Net Profit Down 17% To S$18.7 Million”.

Fundamentally the stock is not cheap base on PE ratio. Technically Super Group is showing a Head and Shoulder and the stock price records a historical high at about $5.00. The shorties have been watching the $4.00 neckline for quite sometimes.

Super Group will start the down trend from now on as the stock has already entered into bearish territory. Watch for the rebound back to $3.50 (50% FR), $3.84 (61.8% FR) or $4.00 (neckline support turned resistance + round number) to short again!

Original post by Marubozu @ My Stocks Investing Journey.

Super Group Nov17-2013

 

 

Key Statistics for SUPER

Current P/E Ratio (ttm) 19.7406
Estimated P/E(12/2013) 22.4359
Relative P/E vs. FSSTI 1.4417
Earnings Per Share (SGD) (ttm) 0.1773
Est. EPS (SGD) (12/2013) 0.1560
Est. PEG Ratio 1.2972
Market Cap (M SGD) 1,951.55
Shares Outstanding (M) 557.59
30 Day Average Volume 1,419,600
Price/Book (mrq) 4.4465
Price/Sale (ttm) 3.4897
Dividend Indicated Gross Yield 2.03%
Cash Dividend (SGD) 0.0200
Dividend Ex-Date 08/23/2013
5 Year Dividend Growth 34.72%
Next Earnings Announcement 02/27/2014
Continue ReadingSuper Group: Is the Recent Sell Off a Surprise?

Suntec REIT: Bull Cannot Make It!

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Suntec REIT has tempted to clear the 200D SMA resistance but failed miserably. Now the bear is in charged and throw Suntec REIT to bearish territory supported by a spike in selling volume. Beware of further sell down!

** Can you see a Elliott Wave on Suntec REIT?

I had shared this Suntec REIT chart in my previous REIT class and warned everyone to watch this 200D SMA resistance closely. Hopefully my students cut loss or take profit when the stock price goes below the 200D SMA. It is currently close to 10% drop in less than 1 month. This is also a very good lesson learnt the importance of understanding technical analysis, be discipline and follow trading rules.

This is a classic example that cheap stock price can go even cheaper although Suntec REIT is undervalue base on NAV and have a decent distribution yield.

See Singapore REIT Fundamental Analysis Comparison Table here.

2013Nov17 SuntecReit-800x600

Continue ReadingSuntec REIT: Bull Cannot Make It!

6 Trader Strategies You’ll Be Thankful For This Holiday Season

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Guest Post

The market continues to trend up while we’re just weeks away from the holiday rush. In 2013 we’ve seen a market that’s treated many of us quite well and given us plenty to be thankful for. Many of you road Telsa to the bank, got on board the Yahoo bandwagon, or enjoyed watching Netflix for other reasons than movie marathons.

In hindsight the year was incredible, but it didn’t always feel that way. With eleven months behind us, we approach the home stretch and there are still many uncertainties keeping traders up at night.

When will the market top?

How will everything play out with the FED?

What’s going to happen with China?

Is this Bitcoin thing the real deal or just another Beanie Baby?

No one can confidently answer these questions. Some traders will comb through as much research as possible, make an educated prediction, and trade or invest accordingly. Most traders will predict wrong and most traders will lose money.

Successful fund managers and veteran traders avoid these risks all together. They’re equipped with tools and strategies that are rarely affected by the majority of market issues.

Regardless if you’re an options trader, equities traders, swing trader or day trader, there’s always a way to profit in the market. You just have to find it and stick to it.

On November 20th and 21st, you’ll have the chance to find six of these strategies as Marketfy hosts their first ever Holiday Trading Summit.

Over the course of two days, six different equities and options traders will come together and reveal the strategies that have kept them secure in all types of market conditions.

In the spirit of the holidays, Marketfy.com will also be donating a holiday meal to City Harvest, for every person who signs up to this free event.

If you trade options or equities, one of these six strategies will fit your trading style.

Candlestick guru, Stephen Bigalow, will be revealing the early warning signals for reversal alerts. Bigalow has spent the last thirty years applying his Business & Economics degree from Cornell University to the investment and trading world. He’s authored three top selling investment books and is an active member of AAPTA – the American Association of Professional Traders.

RealMoney (TheStreet.com) experts, Timothy Collins and Bob Byrne will be showing you how to profit from volume profiling and weekly options. Collins’ experience in the market ranges from helping individuals with portfolio customization to managing multiple hedge funds. Byne, a full-time private day-trader has ten years of experience using technical analysis and using a proprietary volume profiling technique.

Options tape reader, Anand Sangvhi (“Sang”) will teach you a five-point checklist for exiting your trades at the right time. Sang, a former corporate grinder, quickly learned in 2006 that trading options using time tape reading was more profitable than a boring 9 to 5 job. Since then, his company SangLucci has become one of the leading experts in options tape reading.

Credit Spread master and former financial CFO, Nic Chahine, will show you how to master credit spreads in any market condition. Chahine began mastering options spreads after an internet venture left him plenty of money and time to pursue his passion of the markets. Since then, he’s launched his own successful fund and honed the skill of gauging risk and maximizing potential.

Swing trading veteran, Serge Berger, will explain how to combine candlesticks with swing trading. Berger has been an active trader since 1998 while spending time at JP Morgan and an equity, options, and futures proprietary firm. His methods of dividing the markets into separate time frames and characters allows him to remove emotion from the decision making process.

Trader and entrepreneur, Hubert Senters, will provide a strategy that allows you to risk $156 to potentially make $1,000. Senters has built his trading skills and companies on the philosophy that, “if you need to accomplish something in life, find someone who is passionate about the topic of your interest and learn everything they know about it.” Senters and his companies have been featured on Bloomberg, CNN, CNBC, and the Trading Expo.

To join Marketfy’s first ever Holiday Trading Summit, register for free at the link provided below. Your registration will result in a holiday meal donation to City Harvest, for a child in need.

Click here to register for the Holiday Trading Summit while seats remain available!

 

Continue Reading6 Trader Strategies You’ll Be Thankful For This Holiday Season