Shares & Derivatives
A short note on Super Group Ltd
By A Pen Quotes  •  January 18, 2016
Super Group has seen its share price plunge 71% from a high of 2.395 in Aug 2013 to 0.6850 on 18 Jan 2016. From late 2013 till today, out of the 9 quarterly earnings reports, 7 of these show a decline in profits yoy. Its profit has plunged from $18.7m (Nov 2013) to a meager $7.4m (Nov 2015), approx. 66% decline.
  1. On 11 Nov 2013, Super Group reported their third quarter earnings which showed a 17% year-on-year decline in net profits to S$18.7m. At one point, the shares were down 30.5% in the span of three days.
  2. On 24 Feb 2014, Super Group reported that net profit for the year rose 26% to S$100 million. Super Group saw its net profit for the fourth quarter rise 6 per cent to $22.6 million
  3. On 12 May 2014, Super Group reported its first quarter results which showed net profit ...
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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
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