Super Group's (S10) share price has been going south since late last week, it went from $1.49 on 6th May 2015 to $1.39 today (a 6.7% decline, inclusive of the price adjustment for the XD today). I guess this is the anticipated sentiment from the Q1 2015 result, which will be released tomorrow.
Being vested in Super Group for close to a year now (I bought it at its high of $1.465 in June 2014), I must say that this is one of the most volatile counter that I am still holding (as I intend to hold it for long term). As you can see from the Super Group stock chart below, it went south to as low as $1.05 in November 2014 below picking-up some momentum from March 2015 onward.
If tomorrow's result is proven to be bleak, I am expecting the stock price to go south further. Then again, whatever goes down will comes up again, its a matter of time ;-)
Cheers!
Hi Richard,
ReplyDeleteNot super anymore! :(
Rolf : indeed! But I still believe never say never, for the future :-)
DeleteHi Richard
ReplyDeleteSuperman is old style. Batman will kick his ass. Hahahaa :)
B : Hahahaha, let's see who will win in the upcoming blockbuster Batman vs Superman - Dawn Of The Justicr. Oh, btw, I believed the batman that you are talking about is Vicom? ;-)
DeleteGood to experience the Real Thing in the market. We don't always win money
ReplyDeleteCW8888 : Very true... Stock investment has the element of luck and gambling in there, so, there is never any guarantee and there bounds to be wins and losses...
DeleteI would say that the fall in share price is partly due to the XD and partly due to the fact that Capital Group sold down a portion of their stake in Super Group
ReplyDeleteValueEdge : thanks for updating me about the news on Capital Group. Cheers
Deleteshould have sold for small profit.
ReplyDelete:(
What is your entry price?
Delete1.45
DeleteSlightly better than me, I got it at $1.465! I guess just need to practice some patience ;-)
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