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Post by zuolun on May 14, 2014 11:33:23 GMT 7
On 13 May 2014, CIMB reviewed on SuperGroup: Reduce from Add. TP S$3.26 (Prev. TP S$4.20). Super Group - Headwinds to dominate for now SuperGroup: 1-lotter @ S$2.99 on 14 May 2014 at 12.22 noon SuperGroup had a long black marubozu @ S$2.97 (-0.26, -8%) with volume done at 4.43m shares on 14 May 2014 at 12.40 noon  |
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Post by zuolun on May 14, 2014 13:57:47 GMT 7
Never catch a falling knife — oldman SuperGroup: The power of the media, the rumours and the analysts' reviews from 16 Jan 2014 to 14 May 2014A timeframe of 4 months for SuperGroup to drop from heaven to hell. Why now no more rumours follow-up on SuperGroup's takeover news from the MSM, Bloomberg? Now...14 May 2014, You snooze, you lose: How Super Group is losing the coffee war in Singapore Then...16 Jan 2014, Richest coffee takeover in Asia seen with Super Group...Super Group may be the best takeover option for beverage companies anxious to corner a piece of Asia’s expanding instant-coffee market, as long as they’re willing to pay up...Super’s profit may rise 11% in 2015 to $108.8 million, according to analysts’ forecasts...The founders of Super are unlikely to sell for a price as low as $5 a share...
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Post by zuolun on May 14, 2014 16:23:58 GMT 7
7c XD on Friday 9 May 2014, Bonus 1 for 1 on 26 May 2014. Super Group Ltd. will be announcing its unaudited financial results for the first quarter ended 31. March 2014 on Monday, 12 May 2014. Diamond chart pattern is rare yet SuperGroup has 1+1. Should the last low @ S$3.03 scored on 13 Nov 2013 break down lower low convincingly with extremely high volume equal and/or > the one dated 13 Nov 2013, expect double strong selling pressure like 2 giant rocks falling off a cliff. SuperGroup's chart pattern reminds me of Zhulian; uptrend is broken, expect more downside than upside. 557.5m Free float: 24% SuperGroup — Bearish Diamond Top Breakout, Interim TP S$2.34, next TP S$2.09SuperGroup closed with a long black marubozu @ S$2.95 (-0.28, -8.7%) with extremely high volume done at 6.9m shares on 14 May 2014. Immediate support @ S$2.72, immdiate resistance @ S$3.03.   SuperGroup — The Power of the Elliott Wave PatternFrom 22c on Mar 2009 to S$5.03 on 12 Aug 2013, 61.8% FIBO @ S$2.057, 78.6% FIBO @ S$1.249. SuperGroup is now on the correction Wave-A down.  |
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Post by zuolun on May 15, 2014 10:25:32 GMT 7
SuperGroup — Bearish Rectangle Breakout, Interim TP S$2.34, next TP S$2.09SuperGroup hit low of S$2.75 and had a hammer @ S$2.88 (-0.07, -2.4%) with volume done at 3.41m shares on 15 May 2014 at 11.20am. Immediate support @ S$2.72, immediate resistance @ S$3.03.  
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Post by zuolun on May 15, 2014 16:25:29 GMT 7
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Post by stockpicker on May 18, 2014 8:02:25 GMT 7
SuperGroup has just suffered a "heart attack". It has now broken the lower channel with a big bang. But the bonus is attractive enough for retail investors to pick up the bids and pieces last Thursday while the BBs stayed clear of it. Is it right time to follow? It will be hard to tell at present but one would know one would be catching a falling knife if price continues to fall and the limit of the rise would be around 3.11, the lower channel line.. which is a few % up. Is it worth the effort? Will leave it to the readers to figure out. Quite sure the BBs will stay clear until the price broke 3.11.  |
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Post by zuolun on May 18, 2014 10:37:37 GMT 7
Note:When companies could not boost their share price thru healthy & sustainable earnings/economic growth and innovations...instead boost their share price thru share buybacks, bonus issues, rights issue, stock consolidations/splits, warrants issue, etc...these are creative deals which do not have fundamental value or basis = strong signal that the share price may be due for a steep decline. Chart gave ample warning signs of an impending tsunami yet plenty of silly bulls still went to pick the worthless seashells on the beach.   |
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Post by zuolun on May 19, 2014 10:52:37 GMT 7
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Post by zuolun on May 21, 2014 16:17:36 GMT 7
SuperGroup — Bear Pennant formationSuperGroup closed with a black marubozu @ S$2.90 (-0.03, -1%) with volume done at 1.92m shares on 21 May 2014. Should the bearish pennant breakout @ S$2.90, Interim TP S$2.25, slightly lower than the earlier target @ S$2.37 dated 12 Nov 2013.  
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Post by zuolun on May 23, 2014 14:17:37 GMT 7
Super Group disposes China property for S$26m, the co. will receive the cash in 2 installments of S$13m, on 6 May 2013 and 5 May 2014. — 7 May 2013 SuperGroup — Bear Pennant formationSuperGroup had three black crows @ S$2.85 (-0.01, -0.3%) with volume done at 1.13m shares on 23 May 2014 at 2.50pm. The CMF indicates that SuperGroup is under extremely strong selling pressure since mid-Feb 2014 as it's been trading below the zero line.  SuperGroup (weekly) — Bear Pennant formation SuperGroup, one of the Three Recession-Proof Dividend Shares — 21 May 2014 
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Post by zuolun on May 24, 2014 9:16:16 GMT 7
SuperGroup — Smart money sell, you follow sell, not buyPrior to the last burst of fire @ S$5.03, strong sell signals:1. An island top2. Exhaustive gapsBearish Island Top Reversal The Gap Theory — The exhaustive gap is the key leading indicator, prior to the last burst of fire.   SuperGroup — The major "Cheng Kay" + the gatekeepers have already run road on mid-Nov 2013Chart gave ample warning signs of an impending tsunami yet plenty of silly bulls still went to pick the worthless seashells on the beach.
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Post by zuolun on May 26, 2014 13:34:41 GMT 7
SuperGroup — Bear PennantSuperGroup had a spinning top @ S$1.485 (-1.375, -48.1%) with volume done at 2.37m shares on ex-bonus date Monday 26 May 2014 at 2.22pm   
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Post by zuolun on May 27, 2014 12:34:19 GMT 7
If the dead butterfly in SuperGroup is the same type of butterfly as in Innopac, the target projection of point D is @ S$1.615. SuperGroup — Bearish Gartley FormationSuperGroup had a spinning top @ S$1.505 (+0.025, +1.7%) on 27 May 2014 at 1.35pm. Immediate support @ S$1.47, immediate resistance @ S$1.575, strong resistance @ S$1.615.  Innopac — Bearish Gartley Pattern formation as at 13 Aug 2013 |
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Post by zuolun on May 27, 2014 17:14:27 GMT 7
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Post by zuolun on Jun 20, 2014 14:03:01 GMT 7
SuperGroup — Not a dead butterfly but a bull-trap  If the dead butterfly in SuperGroup is the same type of butterfly as in Innopac, the target projection of point D is @ S$1.615. SuperGroup — Bearish Gartley FormationSuperGroup had a spinning top @ S$1.505 (+0.025, +1.7%) on 27 May 2014 at 1.35pm. Immediate support @ S$1.47, immediate resistance @ S$1.575, strong resistance @ S$1.615. Innopac — Bearish Gartley Pattern formation as at 13 Aug 2013
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On 11 Nov 2013, CIMB downgraded SuperGroup to Neutral from Outperform, TP S$4.50
