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Friday, May 30, 2014

SUPER GROUP

SUPER GROUP - 15th June 2014 - Think Super Group may see some buying interest. Zero debt company and also profitable + giving out dividends every year.I see good value play. Also I like Super brand. Seems like something is missing without having a cup of Super white coffee in the morning! Usually will take at least 2 cups of Super white coffee. Believe nowadays people everywhere is drinking coffee daily without fail. So believe this may drive up their net profit figure in time to come and re-test $1.80, $2.00 then $2.50. TP of $1.80. ( trade base on your own decision)

SUPER GROUP - 10th June 2014 - Super Group seems rather weak. It has been drifting lower each day from $1.50 to $1.42. Breaking down of $1.42 may see it goes further down to re-test $1.375.(trade base on your own decision)

SUPER GROUP - 31st May 2014 - Super Group seems to be in a consolidation mode after it went ex.Bonus on 26th May 2014(1 for 1). It is hovering between $1.46 to $1.50. Both Stochastic & RSI are showing oversold indication. I think is good to consider to accumulate $1.46 and below for long term view as the issuing of Bonus will enhance the share purchase liquidity for investor to own the shares at a much lower price. Looking at the Historical chart the price had managed to hit the all-time-high of $5.05 which is rather impressive. For merely dividing $5.05 / 2 , that works out to be $2.50+. This may set the long term goal of $2.50. Medium term I think $2.00 TP .CHART TOOLS
(trade base on your own decision)

1 comment:

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