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.
Key Statistics for SUPER
|Current P/E Ratio (ttm)||19.7406|
|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|
|Dividend Indicated Gross Yield||2.03%|
|Cash Dividend (SGD)||0.0200|
|5 Year Dividend Growth||34.72%|
|Next Earnings Announcement||02/27/2014|