Not much to see here – I wrote a note to myself to do a follow-up on SGP (Supergroup) on a post I wrote 6 months ago.
I made the note:
This is reminiscent of PIC (Pace), whose shares have suffered swingeing declines, only to experience a massive bounceback. In both companies, management have been strengthened. I am expecting SGP to follow a similar pattern to PIC.
Over 6 months, SGP has risen 54%, compared with the Footsie of 8%. None too shabby! I dare say there are plenty of investors who did better – but I can live with a 50-odd percent rise in 6 months!
What looks good now?
Lamprell (LON:LAM) at 149p still looks good to me, with a big gap up to 300p still to fill.
Volex (LON:VLX) at 100p enjoyed a 13% increase today, having gapped down a couple of times over the last year. Directors have been buying recently, and reward/risk still looks good on the basis of EV/Sales, EV/EBITDA, and PFCF. I’m hoping for a quick assault to around the 145p level.
We shall see. But then again, I know nothing, so you’ve been warned.
Happy and prosperous investing, all.
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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. The Company has two segments: Retail and Wholesale. Retail comprises the operation of stores, concessions and internet sites. Revenue is derived from the sale to individual consumers of its brand and third party clothing, shoes and accessories. Wholesale comprises the wholesale distribution of its branded products (clothes, shoes and accessories) worldwide and the design and ownership of brands. It has 42 standalone retail stores and 56 concessions and a large number of wholesale relationships. Superdry is sold in approximately 70 countries worldwide via its websites, and in 36 overseas countries through a network of distributors, licensees, agents and franchisees. In February 2011, the Company acquired the Benelux and France franchise and distribution partner, CNC Collections BVBA, from its principal Luc Clement. more »
