cynic
- 05 Jan 2011 10:12
- 18 of 226
even more difficult to trade than ASC, if sentiment moves against this stock, then there is likely to be plenty of downside to play ...... UK retail is assuredly set for a really tough 2011 and SGP has been perceived up to now as a "growth darling" .....
i don't care for NEXT much either ..... i think their products are poor and i am far from convinced that the management has much idea how to run a fashion business ..... another one as a potential short
OCDO is another which looks badly overpriced
cynic
- 12 Jan 2011 10:30
- 19 of 226
phew! closed short first thing this morning with a small profit ..... SGP's trading statement was certainly much better than i expected, and sp has now rocketed
cynic
- 12 Jan 2011 13:34
- 21 of 226
it's Next management that i think is rubbish ...... i just felt that SGP was over-priced, but at least the profit would have been sufficient for dinner at Waterside (for 1!) - fantastico, even if f expensive ..... have also had good report re Hind's Head in Bray which was terrible not so long ago; clearly Mr B sacked the chef there
hangon
- 12 Jan 2011 13:49
- 22 of 226
I still wonder if we punters aren't completely mad - two stocks ASOS ans SGP are trading at eye-watering prices, surely a target for some stout fellow like ---. These businesses are not imune to World events - Yet the trading update from SGP appears to tell their t/o was up over the nine weeks arround Xmas. Yet this was a time when stores (elsewhere) were starved of stock due to the weather; ditto Customers who stayed at home (so good for on-line ASOS, I'll agree). And SGP tells the Market they have eliminated Cotton-price rises! Eh? A retailer that is immune to commodity prices...well, that's a first!
Now who wants to pay 16 for stock that was issued at 5p? (SGP recent high).
Well if there was a strong dividend, like 8% fully covered, perhaps a miner, or energy-supplier sitting on massive reserves. (ie little costs and stock the World will pay your price for.).
Mind-you I'm surprised women will pay 500 for silly shoes that fall apart if they run for a bus!
cynic
- 12 Jan 2011 13:52
- 23 of 226
women who pay 500 for a pair of shoes are unlikely to travel by bus, let alone run for one! ..... meanwhile, i shall stay short of NXT and ASC
BAYLIS
- 12 Jan 2011 14:38
- 24 of 226
Youth fashion retailer SuperGroup Plc claimed its best-ever Christmas trading period, with retail sales up by 93.6% on last year to 51.7m.
CEO Julian Dunkerton said the group was now positioned to deliver profits towards the upper end of market expectations.
Wholesale sales over the nine weeks to January 2 rose by 77.8% to 13.4m.
There was a 243.3% increase in internet sales, which were included in retail.
Total group sales over the period showed a 90.1% increase to 65.1m.
cynic
- 04 Feb 2011 16:14
- 25 of 226
great rns today and with figures due out on wednesday, be prepared to sell on the news as sp has gone stellar today
BAYLIS
- 11 Feb 2011 17:10
- 26 of 226
tomasz
- 12 May 2011 09:11
- 27 of 226
woaa.. dead open , some 240 point down.. scary market for sgp these days... dead silence here.. all dead...
mitzy
- 12 May 2011 09:56
- 28 of 226
Brace yourself.
skinny
- 12 May 2011 09:59
- 29 of 226
cynic
- 12 May 2011 14:42
- 30 of 226
i traded SGP a couple of times, and fortunately profitably .... however, i came to the conclusion that it was far too illiquid and dangerous - indeed, even more so that ASC
BAYLIS
- 17 Jun 2011 18:07
- 31 of 226
Half price.
mitzy
- 21 Jun 2011 11:04
- 32 of 226
Nice bounce due to paper positive comment.
BAYLIS
- 13 Jul 2011 19:51
- 33 of 226
OVER 1050p
BAYLIS
- 22 Jul 2011 20:24
- 36 of 226
OVER 1100p
mitzy
- 05 Oct 2011 08:24
- 37 of 226
Biggest faller this am.