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 |
|---|---|
| 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 |