Singapore Stock Market News
Super Group - Stronger than it looks
StockFanatic
Publish date: Fri, 17 May 2013, 03:09 PM
StockFanatic
0 10,452
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
Super Group's 1Q started well and could have been stronger. Ingredients successful
penetration into S.E.A. means that this segment is now a proxy for
developing markets' consumption in addition to its branded consumer
segment. This makes the business more valuable today.
1Q13 core EPS was in line and forms
24% of our and consensus full-year
estimates. We raise FY13-14
estimates by 16% as we were
previously too negative on raw
material prices. We raise our target
price, with a higher multiple of 24x
CY14 P/E (previously 20x) as: 1)
Nestle Malaysia has re-rated and we
lower our discount from 20% to 10%.
Upgrade to Outperform from Neutral
with catalysts to come from stronger
earnings growth in 2H.
Read more » More articles on Singapore Stock Market News
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
CEO Morning Brief
Singapore Swap Rates Set to Narrow Gap With US as MAS Shift Seen
2
CEO Morning Brief
3
RHB Investment Research Reports
4
Collin Seow Remisier Blog
5
RHB Investment Research Reports
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
