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Super Coffee
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Gibetrage
Member |
30-Sep-2014 22:57
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There is some form of support here at 1.25 on Super. But I like 1.15 better, there is price support there with the congestion. A daily doji and oversold conditions may cause price to consolidate here. |
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SJRay93
Member |
26-Sep-2014 18:26
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The downwards trend could possibly be attributed to bad market sentiment as a whole. I have yet to see any news that affects Super negatively so this could be one of those mini corrections that we've had at the beginning of this year.
In my opinion, I doubt there's any insider trading going on. With such tight regulations being placed by the exchange, hardly anything goes unnoticed. Hang in there.
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tkc_drew
Member |
26-Sep-2014 18:22
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Don't worry, I invested at 1.36, let's wait together. :)
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ysh2006
Supreme |
26-Sep-2014 15:37
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Taiwan food have so many thigs to scare, drink' ang mo' kopi is safer... |
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morningstar13
Member |
26-Sep-2014 15:11
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Pls let us know when u do some signs of reversal. tks
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lifeisgood
Supreme |
26-Sep-2014 14:38
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Unfortunately, I don't have a crystal ball. I prefer to see the chart bottom out with some key reversal indicators. Right now I don't see anything yet. Not vested.
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Almsoo7
Member |
26-Sep-2014 14:21
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I supposed i paid too high premium for entering at 1.545, failed to control my emotional urge to chase the bullish trend despite the fact that there was no good news to support the bullish signal. Similarly, I feel that there is no negative news to explain the current downtrend so it might not warrant a sell, unless it's due to insider trading where the seller alreay has important news hat aren't made known to the public. My personal opinion, though I wish to clarify that I only bought 1 lot back then. | ||||
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SJRay93
Member |
26-Sep-2014 12:35
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Share price just shows how much people are willing to pay/get for the same quality of goods. The whole purpose of starting a company is to make money. Thus, earnings and dividends are what that move the stock. So yeah, just like what lifeisgood said, wait for the chart to settle down and look at the earnings announcement in Nov. Your fund only melts when you sell your position. Take those guys who bought in at the previous support of 1.34 or maybe higher as an example. See what happened today, some of them sold at a loss and bargain hunters, who saw this opportunity, cashed in.
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rlong8288
Master |
26-Sep-2014 11:03
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But your investment fund get melting everyday.................... without notice
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SJRay93
Member |
26-Sep-2014 10:01
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They are still pretty rich in cash so far so it won' t go bankrupt.
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morningstar13
Member |
26-Sep-2014 09:57
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What do you think would be the next good entry price? Pls share.
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lifeisgood
Supreme |
26-Sep-2014 09:30
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Chart needs to settle down first. |
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Sam1903
Senior |
26-Sep-2014 09:17
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what' s happened to Super? So sad, a good Singapore home brand, but may be soon become history like Creative... from a hero become zero. |
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rlong8288
Master |
26-Sep-2014 09:03
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Very sick counter............. |
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Kyoto2008
Elite |
16-Sep-2014 11:03
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Oops, gotta watch the big ones.
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lifeisgood
Supreme |
16-Sep-2014 10:56
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Some investors are late in buying, some late in selling. Hard to know in advance who is early and who is late. One worrying shareholder is  The Capital Group. It holds more than 9% of the Super shares (under DBS nominees). If they are late in seliing, then ..... 
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SJRay93
Member |
16-Sep-2014 09:44
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It seems like someone' s been doing their homework too. In my opinion, the fund managers tend to have more information than the public since they get to meet keyholders every other day. Thus, if they are buying Super shares slowly, you know something' s coming up. So yeah, just wait and see.  Lose this stock if you' re here to chase a quick buck. |
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Kyoto2008
Elite |
15-Sep-2014 22:18
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The U shape has two sides, the first U is when price is dipping down, in which case you will see lower highs and lower lows. The second part of the U shape will represent the price moving up, thus you see higher highs and higher lows.    The layman explanation is simply price has moved down and turned up in a U shape.   
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Kyoto2008
Elite |
15-Sep-2014 22:12
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Can' t see any formation in the charts. Price has taken another dip along with the poor overall market sentiment. Noticed that there has been some changes in the major shareholders that do not appear significant, but just wondering why they are doing this.        One shareholder moved his shares to nominee accounts without a change in ultimate ownership, also passed some shares to his daughter.    Other than that, don' t see major movements. Mathew has  been buying up SuperGroup shares bit by bit, and probably it forms the support in the price.  May explain the round bowl shape share price movement. I' m not sure of the real reason for buying, whether there is something that the fund manager spotted that general public did not see, or have knowledge of. Super Group products are not exactly the exciting type of products that could cause an upward price spiral.  However, it is attractive as a defensive stock. Not forgetting the company is breaking new ground in selling to Indo China and China. I imagine the 3rd Q and second half results would show a bit better results.  Don forget the first half results were bad because there were two extra ordinary gains in 2013 that were not repeated, the finance gains and sale of sub. Entry price  = big question, now the overal market sentiment is so bad.        Need to look at macro environment as see how.
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calvino
Member |
15-Sep-2014 22:01
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The " U" shape implied that your investment will sink further down. Lower-high then lower-low again. |
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