Member Info for PaulStomach

Investment analysts at Investec raised their target price on shares of SuperGroup (LON: SGP) from GBX 843 ($12.82) to GBX 878 ($13.36) in a note issued to investors on Wednesday, AnalystRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. Investec’s target price points to a potential upside of 15.60% from the stock’s previous close. A number of other firms have also recently commented on SGP. Analysts at Panmure Gordon reiterated a “hold” rating on shares of SuperGroup in a research note to investors on Friday, June 28th. They now have a GBX 318 ($4.84) price target on the stock. Separately, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of SuperGroup in a research note to investors on Thursday, June 27th. They now have a GBX 900 ($13.69) price target on the stock, up previously from GBX 820 ($12.47). Finally, analysts at Seymour Pierce raised their price target on shares of SuperGroup from GBX 820 ($12.47) to GBX 900 ($13.69) in a research note to investors on Thursday, June 27th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. SuperGroup currently has an average rating of “Buy” and an average price target of GBX 774.40 ($11.78). SuperGroup (LON: SGP) traded up 4.08% on Wednesday, hitting GBX 790.50. SuperGroup has a 52-week low of GBX 321.25 and a 52-week high of GBX 799.00. The stock’s 50-day moving average is currently GBX 632.9. The company’s market cap is £634.2 million. SuperGroup Plc, formerly DKH Clothing Plc. is United Kingdom-based retailer. It focuses on the youth fashion market with its clothing and accessories for both men and women.

Well played sir.

That would be nice. Quite optimistic, be happy with breaking through £8.00 and holding it.

Good luck to you all, it's not for me. My average was over £4, a few extra pence on the SP between now and what seems to be the inevitable just wasn't worth waiting for, I think I can make more than that elsewhere. Very, very painful and expensive lesson for me, 'lost' five figures due to holding and hoping it would turn. Gutted.

The Independent Committee notes that Kazakhmys and Kazakhmys Eurasia B.V. have given undertakings to accept the Offer subject to shareholder consent. In the event that Kazakhmys shareholders give their consent and the Offer becomes unconditional, the Independent Committee would advise the ENRC Shareholders on the consequences including the fact that the Offeror proposes to seek a de-listing of the ENRC Shares on the London Stock Exchange. The Independent Committee, which has been so advised by Credit Suisse and Lazard, considers that the Offer materially undervalues the Company. In providing their advice, Credit Suisse and Lazard have taken into account the commercial assessments of the Board of ENRC. The Independent Committee cannot recommend the Offer to Relevant ENRC Shareholders at the current level. The Chairman of the Independent Committee, Dr Mohsen Khalil, said: "The Independent Committee is very disappointed by the value of the Offer, which it believes materially undervalues ENRC, its fundamentals, the intrinsic value of its underlying assets and its growth prospects. In agreeing to request extensions to previous PUSU deadlines, the Independent Committee took into consideration ENRC shareholder requests for the opportunity to consider the merits of an Offer, but expressed its views to the Consortium in no uncertain terms that the Initial Proposal undervalued ENRC and its expectations of an improved value for shareholders in the final Offer." From the RNS from the 'Independant' Committee this morning. Highway robbery, if Kaz shareholders vote for it.

Unsurprising and disappointing. Looks like we'll get boogger all. Time to sell.

Aye, hindsight is a killer. I'm just annoyed at myself, is all. It's too pricey for me now, I think the majority of the upside has been realised in TED and it may go up further but perhaps there are better opportunities elsewhere.

Fair enough. I'm so annoyed that I didn't buy in at 900p when I was looking at it. I went elsewhere, I did ok, but not brilliant, and certainly not nearly doubled. Fair play to anyone that made on the past 6 months. Hopefully SGP can do something similar.

Iain Genuine question. Do you think TED is overbought at the current levels?

Fair play to TED. I looked at it when it was 900p and thought it was topping there. Shows what I know.....nothing! Well done to anyone that makes money on it.

I think it's worth hanging around in CUP to see the news but each person is different. There is plenty of potential for things to go wrong, starting on Friday if there is a bizarre decision to vote against the dividend. I can't see that happening, but you never know.

I've had enough of this interminable fakeover. Just offer fair value, give us PIs a chance to get out without being pasted too much, and move on. 500p, done and done.

GRRRRRRRRRR! Hopefully they pony up with a fair offer. Something tells me they won't though. GRRRRRRRRR

...must be soiling themselves on this. Not only do they look like they might not realise their value of 375p per share, but also the market will be flooded with KAZ shares to the ENRC shareholders, many of whom will have losses crystallized as a consequence of the deal, might not have any desire to hold KAZ shares and will likely sell. Not good. Although obviously a considerable distance from the 'we're all going to lose everything' posts...

So far that even Jacques Cousteau would struggle to find me. Very, very disappointing, Not a good week for Stomach Holdings, what with this and CUP.

Thanks, will do.

Now I don't know if that means that they can't vote, perhaps someone can clear that up.

RNS of 20.05.2013 MESSRS CHODIEV, IBRAGIMOV AND MACHKEVITCH AND THE COMMITTEE OF THE STATE PROPERTY AND PRIVATISATION OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF KAZAKHSTAN AND JSC SOVEREIGN WEALTH FUND "SAMRUK-KAZYNA" (THE "CONSORTIUM") EURASIAN NATURAL RESOURCES CORPORATION PLC ("ENRC") Today the Independent Committee of the Board of ENRC announced the terms of the indicative proposal it had received from the Consortium. This proposal envisaged an offer comprising 175 pence in cash and 0.231 of an existing Kazakhmys Plc ("Kazakhmys") share for each ENRC share. As a result, the Panel Executive has ruled that Kazakhmys should be treated as a party to the offer for the purposes of the Code and, among other things, that Kazakhmys relevant securities should be subject to the requirements of Rule 8 of the Code. Each of ENRC, the Consortium and Kazakhmys has accepted this ruling. 20 May 2013

You would've thought they might have thought of that at the time of the original approach tbh.

...Titanic.