Post Reply
1901-1920 of 2184
Lol Cockroach. This seemed like murder cum suicide the way it was sold. 3.50 drop to 2.85 . That's 19% drop in 3 days after dividend payout and profit drop report. All wrong timing, back to back.
Sorry should be hammer if it can rebound into a positive close today the rebound tomorrow would be much higher.
madness, did they found cockroach in their 3 in 1 coffee
Hold, time to rebound if it's inverted hammer
no talk of technical analysis here. all the support is getting broken like nobody' s business. if close below 2.8 could be headed for even 2.6 ..
Seems not yet. Still going down strong. Not sure I should buy more at this price. It could be a falling knife.
Novice13 ( Date: 15-May-2014 08:55) Posted:
| If I am correct, Super group today should be in green colour as what I seen in the buying and selling queues now. Those shortists for the past two days meed to cover back their open positions. |
|
Should be inverted hammer.
Where isn' t there a edit button to edit posted text?
Yes from the charts it looks like it is covering time for the shortists. Best case is to form a evening star
what' s the story behind the bonus issue? can anyone explain? im seriously looking to get vested in this company. looks like it can become a steal. classic case of buy when there is fear
Oops! It keeps dropping.....
Novice13 ( Date: 15-May-2014 08:55) Posted:
| If I am correct, Super group today should be in green colour as what I seen in the buying and selling queues now. Those shortists for the past two days meed to cover back their open positions. |
|
If I am correct, Super group today should be in green colour as what I seen in the buying and selling queues now. Those shortists for the past two days meed to cover back their open positions.
http://www.4-traders.com/SUPER-GROUP-LTD-6500574/
Take a look. Next strong support 2.90
The action for the past 2 days wiped out all the gains in 1.5 years. Never seen anything like this since the last financial crisis. Especially on a company that is doing reasonably well.
CFD probably not counted.
number of lots shorted... btw anyone have idea if using CFD acc also counted as short?
| Super Group |
421,000 |
SGD |
1,264,390 |
I am new bird.. went thru same thing with indo agri, noble, golden agri, capitaland all came down 10-20 percent before suddenly... usually rebound will take 1-3 months like that.. must dong in between play in out to level down.. analyst report read for pleasure boleh... said sell... it' s time to little bit slowly... when analyst said buy... get ready to sell...
Thailand has been the archille heels of many good companies including Banyan Tree, and now Super Group.
It will take a long time to shake off the damaging influence of Thailand on Super. So I expect more downside for Super. I am not vested, just sharing my observation.
Yes, Thailand is the main factor.
But when can it be stable is a big question.
Many political problem recently.
As both red and green are very unhappy.
If red win green will create trouble and if green win red will create problem again.
Their political are not strong enough.
Not like PAP which control most of the seat.
For food ingredient division Indonesia once the stock of pent-up clear it will start to resume order.
As they are smart to keep stock inview of rising commodity costs.
That mean Super 2013 Q4 result are not that strong as the sale are for the pent-up.
I agreed with you that Super group results needs some time to recover unless its management able to explore more new potential markets to boast its revenues.
lucky168 ( Date: 14-May-2014 21:46) Posted:
I think this is most of the conclusion that came out from the recent 1Q result
And I believe the recovery will not be so fast, probably need to wait till 4Q
so meantime, for the bulls, you need to hold tight
hp3000 ( Date: 14-May-2014 21:13) Posted:
Many analysis from broker flims had stop their buy call to hold.
Also some had given a " sell" rating.
The main point are below :
1) Major consumer segment - Thailand drop.
2) Major Food ingredient division - Indonesia drop.
3) Commodity prices rise - coffee beans, sugar all went up.
Sales for Super Group' s branded consumer segment ‐ which sells
instant coff ee, tea and cereal ‐ had been aff ected by the civil unrest in Thailand,
which it said has dampened consumer spending and
discouraged businesses from stocking up their inventories. The
country is Super Group' s largest market for the branded consumer division.
For its food ingredient division ‐ which manufactures soluble coffee
powders and non‐ dairy creamers for other beverage makers ‐ lower sales into
Indonesia was only partially offset by higher sales into
markets in the East Asia region.
Super Group' s branded consumer segment
For Thailand (sales -11% yoy), management guided that half of the sales
decline is due to forex effects, with a real slowdown in consumption driving the
other half. Not only are retailers and wholesalers pulling back orders in
anticipation of lower demand, but wholesalers are also facing rising bad debt
risks and have cut out some distributors. We also understand that sales
performance would have been even worse, if not for Super Group' s success in
breaking into the new markets in the northern states. Thailand is a big worry.
Food ingredient division
For SE Asia, Indonesia (largest market) saw sales declining 30% yoy.
This was partly due to:
1) the effects of a weaker Rp,
2) customers' pre-emptive stocking up in 4Q, in anticipation of rising commodity costs.
3) some customers losing end-market market shares for some products.
The latter two reasons crop up as new worries for Super Group' s investment thesis as
they imply that the strong 4Q13 performance for FI was due to the effects of pent-up
demand and the prior high-growth years for food ingredients might have hit a ceiling.
Commodity prices, parƟ cularly those for robusta coffee beans, sugar and crude palm oil
‐ key ingredients for Super' s instant beverages ‐ have risen over the fi rst quarter.
" Rising raw material costs will affect the F& B industry and the group' s operating performance.
Just my point of view. For those whose want to buy more to average do see the market direction first.
It may drop further but don' t blame me if it went up. I totally don' t have any share on this but just want your to be careful.
|
|
|
|
I think the key is also Thailand. Pray that their political situation will stabilise and sales will return. This would make a good recovery factor.
I think this is most of the conclusion that came out from the recent 1Q result
And I believe the recovery will not be so fast, probably need to wait till 4Q
so meantime, for the bulls, you need to hold tight
hp3000 ( Date: 14-May-2014 21:13) Posted:
Many analysis from broker flims had stop their buy call to hold.
Also some had given a " sell" rating.
The main point are below :
1) Major consumer segment - Thailand drop.
2) Major Food ingredient division - Indonesia drop.
3) Commodity prices rise - coffee beans, sugar all went up.
Sales for Super Group' s branded consumer segment ‐ which sells
instant coff ee, tea and cereal ‐ had been aff ected by the civil unrest in Thailand,
which it said has dampened consumer spending and
discouraged businesses from stocking up their inventories. The
country is Super Group' s largest market for the branded consumer division.
For its food ingredient division ‐ which manufactures soluble coffee
powders and non‐ dairy creamers for other beverage makers ‐ lower sales into
Indonesia was only partially offset by higher sales into
markets in the East Asia region.
Super Group' s branded consumer segment
For Thailand (sales -11% yoy), management guided that half of the sales
decline is due to forex effects, with a real slowdown in consumption driving the
other half. Not only are retailers and wholesalers pulling back orders in
anticipation of lower demand, but wholesalers are also facing rising bad debt
risks and have cut out some distributors. We also understand that sales
performance would have been even worse, if not for Super Group' s success in
breaking into the new markets in the northern states. Thailand is a big worry.
Food ingredient division
For SE Asia, Indonesia (largest market) saw sales declining 30% yoy.
This was partly due to:
1) the effects of a weaker Rp,
2) customers' pre-emptive stocking up in 4Q, in anticipation of rising commodity costs.
3) some customers losing end-market market shares for some products.
The latter two reasons crop up as new worries for Super Group' s investment thesis as
they imply that the strong 4Q13 performance for FI was due to the effects of pent-up
demand and the prior high-growth years for food ingredients might have hit a ceiling.
Commodity prices, parƟ cularly those for robusta coffee beans, sugar and crude palm oil
‐ key ingredients for Super' s instant beverages ‐ have risen over the fi rst quarter.
" Rising raw material costs will affect the F& B industry and the group' s operating performance.
Just my point of view. For those whose want to buy more to average do see the market direction first.
It may drop further but don' t blame me if it went up. I totally don' t have any share on this but just want your to be careful.
|
|
