A director at Super Retail Group Limited bought 6,500 shares at 14.119AUD and the significance rating of the trade was 70/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two y...
SUPER RETAIL GROUP (AU), a company active in the Auto Parts industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date October 15, 2021, the closing price was AUD 12.90 and its potentia...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Global equities fell by 0.6% after a strong start of the month was scuttled by the emergence of the Coronavirus. Healthcare (12%), IT (11%), Communication Services (9%) and Consumer Staples (8%) saw strong returns. The biggest hurdle for investors in Australia remains valuation. Analysts seem relatively comfortable with full-year EPS estimates after the downgrade cycle, with earnings certainty is back to around normal levels for the ASX200 universe. The Q4 19 inflation data was broadly in ...
A much-mooted concern of investors in the Australian retail sector is the potential of a more pronounced decline in consumer spending on account of the weak housing market or perhaps even a wider-spread slowdown in economic activity--such as a recession. Australians have been dodging the bullet for a record-breaking 106 quarters but at some point, this lucky streak must come to an end. We avoid the futile exercise of predicting the timing of the next Australian recession and we aren't forecastin...
A much-mooted concern of investors in the Australian retail sector is the potential of a more pronounced decline in consumer spending on account of the weak housing market or perhaps even a wider-spread slowdown in economic activity--such as a recession. Australians have been dodging the bullet for a record-breaking 106 quarters but at some point, this lucky streak must come to an end. We avoid the futile exercise of predicting the timing of the next Australian recession and we aren't forecastin...
Our prior report included an incorrect fiscal 2019 dividend forecast. Our corrected forecast is AUD 50 cents, representing a 6.7% yield at our fair value estimate. Shares in no-moat-rated Super Retail Group remain overvalued following the company’s trading update for the 43 weeks to April 27, 2019. We maintain our fair value estimate of AUD 7.50. The negative impact of weaker-than-expected sales growth in the core auto and high growth outdoor segments were offset by the positive impact of the...
Shares in no moat-rated Super Retail Group remain overvalued following the company’s trading update for the 43 weeks to April 27, 2019. We maintain our fair value estimate of AUD 7.50. The negative impact of weaker-than-expected sales growth in the core auto and high growth outdoor segments were offset by the positive impact of the time value of money on our fair value estimate. We anticipate Super Retail to struggle to grow EBIT margins over the next decade, with group operating margins hover...
Our prior report included an incorrect fiscal 2019 dividend forecast. Our corrected forecast is AUD 50 cents, representing a 6.7% yield at our fair value estimate. Shares in no-moat-rated Super Retail Group remain overvalued following the company’s trading update for the 43 weeks to April 27, 2019. We maintain our fair value estimate of AUD 7.50. The negative impact of weaker-than-expected sales growth in the core auto and high growth outdoor segments were offset by the positive impact of the ...
Shares in no moat-rated Super Retail Group remain overvalued following the company’s trading update for the 43 weeks to April 27, 2019. We maintain our fair value estimate of AUD 7.50. The negative impact of weaker-than-expected sales growth in the core auto and high growth outdoor segments were offset by the positive impact of the time value of money on our fair value estimate. We anticipate Super Retail to struggle to grow EBIT margins over the next decade, with group operating margins hover...
Shares in no moat-rated Super Retail Group remain overvalued following the company’s trading update for the 43 weeks to April 27, 2019. We maintain our fair value estimate of AUD 7.50. The negative impact of weaker-than-expected sales growth in the core auto and high growth outdoor segments were offset by the positive impact of the time value of money on our fair value estimate. We anticipate Super Retail to struggle to grow EBIT margins over the next decade, with group operating margins hover...
Shares in no moat-rated Super Retail Group remain overvalued following the company’s trading update for the 43 weeks to April 27, 2019. We maintain our fair value estimate of AUD 7.50. The negative impact of weaker-than-expected sales growth in the core auto and high growth outdoor segments were offset by the positive impact of the time value of money on our fair value estimate. We anticipate Super Retail to struggle to grow EBIT margins over the next decade, with group operating margins hover...
Our AUD 7.50 fair value estimate on no-moat Super Retail Group stands. Cash flows, balance sheet and the P&L down to the EBIT level were released on Feb. 12, 2019. Today, the company followed up with NPAT and dividends for the half-year fiscal 2019. Yesterday, Supercheap Auto’s main competitor Bapcor reported similar like-for-like sales figures for its Autobarn retail chain, at around 2%. But Bapcor’s headline retail sales figures grew faster than Super Retail’s core auto segment, at 8.8%...
Our AUD 7.50 fair value estimate on no-moat Super Retail Group stands. Cash flows, balance sheet and the P&L down to the EBIT level were released on Feb. 12, 2019. Today, the company followed up with NPAT and dividends for the half-year fiscal 2019. Yesterday, Supercheap Auto’s main competitor Bapcor reported similar like-for-like sales figures for its Autobarn retail chain, at around 2%. But Bapcor’s headline retail sales figures grew faster than Super Retail’s core auto segment, at 8.8% ...
We maintain our AUD 7.50 fair value estimate for no-moat-rated Super Retail Group. A mixed first-half performance across the three business segments leaves our estimates virtually unchanged. Super Retail is currently trading 5% above our intrinsic value. The company reported sales and operating profits for the half, with the outstanding accounts due Feb. 14. First-half sales growth in the highest-margin auto segment fell short of our previous estimate but was offset by stronger-than-forecast sa...
We maintain our AUD 7.50 fair value estimate for no-moat-rated Super Retail Group. A mixed first-half performance across the three business segments leaves our estimates virtually unchanged. Super Retail is currently trading 5% above our intrinsic value. The company reported sales and operating profits for the half, with the outstanding accounts due Feb. 14. First-half sales growth in the highest-margin auto segment fell short of our previous estimate but was offset by stronger-than-forecast sa...
We maintain our AUD 7.50 fair value estimate for no-moat-rated Super Retail Group. A mixed first-half performance across the three business segments leaves our estimates virtually unchanged. Super Retail is currently trading 5% above our intrinsic value. The company reported sales and operating profits for the half, with the outstanding accounts due Feb. 14. First-half sales growth in the highest-margin auto segment fell short of our previous estimate but was offset by stronger-than-forecast sal...
At its annual general meeting, no-moat-rated Super Retail Group provided a trading update for the first 16 weeks of fiscal 2019. Like-for-like sales in the auto parts, sporting goods, and outdoor segments, grew by 3.1%, 2.4%, and 3.4%, respectively, reflecting a slowdown across all three segments in the last 10 weeks. In the first six weeks of fiscal 2019, they posted like-for-like sales growth of about 5%, 3%, and 4%, respectively. We maintain our full-year like-for-like sales growth estimates ...
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