www.supergroup.co.uk

SGP Underperformed and cheap.

Ill knick that chart cyners cheers.

Cyners Robbie Burns tipped SPG yesterday. 650p SP target.

18 Jan SuperGroup PLC SGP Seymour Pierce Buy 604.75 604.50 - - Reiterates

29 Jan SuperGroup PLC SGP Seymour Pierce Buy 0.00 592.00 - 750.00 Reiterates

Target SP...... 750p.

http://www.citywire.co.uk/money/the-expert-view-g4s-william-hill-and-supergroup/a654628?ref=citywire-money-latest-news-list#i=4

SuperGroup shares a 'buy', Seymour Pierce says


Seymour Pierce analyst Freddie George has reiterated his 'buy' recommendation on fashion retailer SuperGroup (SPG.L) ahead of next week's third-quarter update.

George is expecting retail sales to increase by 17.5%, with like-for-like sales up by 1%, which is down from the first-half level of +26.7%.

'This is mainly due to a slowdown in store openings, seven (circa 9% increase in space) in the last 12 months compared with 19 in 2012 (40% increase in space),' he said. 'In Wholesale, where there is greater visibility on the outlook, we forecast sales growth of 5%, similar to the first-half trend but expect a significant pick up in the fourth quarter in view of the strong order book.'

George is sticking with his 2013 pre-tax profit forecast of £52 million, and he said the shares look cheap. 'In view of the business opportunities, greater confidence in the existing management structure and strength of balance sheet – the company could have net cash of over £50m by April 2013 - we believe the stock is undervalued.'

Seymour Pierce is a market maker for SuperGroup, and Freddie George owns shares in the company.

Corker of a day here aswel. Wonder if cyners has mised out here aswel ?.

VNET the next biggy with SPD cyners.

LOADS ERR MONEY sticky.

Long SGP....trading statement 9th of May. Just gone through 700p. 900p SP target ist up.

Bought a few. SP should hopefully go
on now and hit the trend channel ceiling.

Lower indicators positive.

Quite a good trade set up.

Broker Buys list......

Looks Very Positive.

Date Company Name Broker Rec. Price Old target price New target price Notes

11 Jun 13 SuperGroup PLC Canaccord Genuity Buy 717.75 1,000.00 1,000.00 Reiterates
28 May 13 SuperGroup PLC Bank of America Merrill Lynch Buy 717.75 800.00 900.00 Reiterates
09 May 13 SuperGroup PLC Cantor Fitzgerald Buy 717.75 820.00 820.00 Reiterates
09 May 13 SuperGroup PLC N+1 Singer Hold 717.75 - 715.00 Reiterates
09 May 13 SuperGroup PLC Investec Buy 717.75 843.00 843.00 Reiterates
01 May 13 SuperGroup PLC Oriel Securities Buy 717.75 840.00 840.00 Retains

N@P Building Society

the major prob with sgp is that the market is very thin ..... not sure what the spread is, but i suspect (generally) pretty wide

0.20% Cyners.

Ive always found it reasonable but agree market can be thin.

Update in about 3 and a bit weeks.

Back home now?.

emirates biz lounge dubai ...... bit weedy as have the customary m/e chest infection from dust and a/c

unless an emergency or great excitment, prob not back here again until late november

Get some bought you know you want to.

Update tomorrow, is it worth topping up? anyone?.

Skinny you around?.

Been some good retail results very recently.

this share has certainly had its moments, but my usual caveat here remains ...... be careful; it's very illiquid

hmmmmm yes your right.

Never traded these (I don't think) although I seem to remember trying to short them once.

I tend to get shares like these very, very wrong - I'd rather trade the Nikkei after a Friday night out!

Blimey that bad, LOL.

on fundamentals, i'ld guess that NXT is much better than either ASC or SGP

a comparative chart below ..... make of it what you will
SGP = blue
ASC = red
NXT = green