The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Have you checked the trades data for today? Some huge buying in there.
Likely to be september or if not December
Took a small position here today. Lets see.
" Citywire just 6 hours ago hxxp://citywire.co.uk/money/the-expert-view-speedy-hire-supergroup-and-moneysupermarket/a721359#i=3 SuperGroup set for a bumper Christmas, Investec says Fashion retailer SuperGroup (SPG.L) is on track for strong sales over the critical Christmas trading period, according to Investec, which has a 'buy' recommendation on the shares. The company will report its first-half figures on 12 December, and analyst Kate Calvert is expecting a 20% rise in pre-tax profits. 'An update on its infrastructure investment plans, online and recent bolt-on acquisitions is expected, together with confirmation that its opening programme is on track,' she said. 'Overall, we expect a confident team ahead of the key Christmas quarter given how well the autumn/winter ranges seem to have been received.' Calvert has a target price of £15. Shares in the group closed at £12.03 on Friday, up 3p or 0.3%. "
lows to high obviously
Little while to go yet but hopefully will start moving soon. Has risen nearly 20% in the past month though. Not too shabby.
Did I miss something?
http://www.express.co.uk/finance/city/426171/Hot-weather-a-boost-for-SuperGroup
The 15th around 10am the bid ask was 746 748 approx so potential buy too
Further to my post below.... The 180,000 trade is from the 15th around 10 am so maybe buy or sell can't quite remember the bid / ask at the time
180,000 shares at 10:00 am ish 310,000 shares at 16:35 ish - this one being a buy!
Personally I don't think it was a pump and dump. The share price was evidently held at 150p or below until the buying pressure got too much. 150p represented a big bit of resistance and for whatever reason, whether a seller has cleared or a short has been reduced, the rush through it was rapid as Is often the case. Check out the chart for senior plc (SNR), admittedly from what I remember there was in interim or results to prompt it but that share broke out of its recent range and it exploded north. However a retrace will be inevitable before LAM begins upwards again. Wouldn't be surprised to see a rush at the gate in the morning before dropping back to negative territory later on. By the end of the week we should be back on the upward parth. Of course could be wrong and maybe we will have another strong push north, certainly some gap to close.
Was a real sticking point. Thankfully through that now and perhaps abut of short squeeze today as well saw us go higher. Would be great to get news on Monday though!
Raises target to 1000p from 850p
What are the current range of estimates for profits? Would be nice to be near £8 by friday close!
Still here! The supergroup express leaves for orbit at 8am tomorrow morning! Here's hoping!
Shame to see this back under 700p. I think badgers said 'quite rightly given that those few million were sold at 680' If interims are good next week do we see this back nearer 750p?
Looking forward to the interims coming up in a couple of weeks. There certainly feels like some expectation is being built into the share so as you say I hope they don't dissapoint
Over it