Monday, May 11, 2015

Super Group - 1st Quarter 2015 Report Out Tomorrow

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!

12 comments:

  1. Hi Richard,

    Not super anymore! :(

    ReplyDelete
    Replies
    1. Rolf : indeed! But I still believe never say never, for the future :-)

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  2. Hi Richard

    Superman is old style. Batman will kick his ass. Hahahaa :)

    ReplyDelete
    Replies
    1. 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? ;-)

      Delete
  3. Good to experience the Real Thing in the market. We don't always win money

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    Replies
    1. CW8888 : 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...

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  4. I 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

    ReplyDelete
    Replies
    1. ValueEdge : thanks for updating me about the news on Capital Group. Cheers

      Delete
  5. should have sold for small profit.
    :(

    ReplyDelete
    Replies
    1. Slightly better than me, I got it at $1.465! I guess just need to practice some patience ;-)

      Delete

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