Re: SGP Broker Update.... <b>Numis Securities Ltd Reiterates Hold Rating for Supergroup PLC (SGP</b>February 23rd, 2015 updated February 26th, 2015Supergroup PLC (LON:SGP)s stock had its hold rating reissued by equities research analysts at Numis Securities Ltd in a research note issued to investors on Friday. They currently have a GBX 1,100 ($16.92) price target on the stock. Numis Securities Ltds target price points to a potential upside of 9.02% from the stocks previous close.Shares of Supergroup PLC (LON:SGP) opened at 993.9999 on Friday. Supergroup PLC has a one year low of GBX 750.00 and a one year high of GBX 1749.00. The stocks 50-day moving average is GBX 946.2 and its 200-day moving average is GBX 978.3. The companys market cap is £804.8 million.SGP has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a buy rating and set a GBX 1,000 ($15.38) price target on shares of Supergroup PLC in a research note on Thursday, February 12th. Analysts at Liberum Capital reiterated a buy rating and set a GBX 1,050 ($16.15) price target on shares of Supergroup PLC in a research note on Thursday, February 12th. Analysts at Cantor Fitzgerald Europe raised their price target on shares of Supergroup PLC from GBX 1,000 ($15.38) to GBX 1,200 ($18.46) and gave the company a buy rating in a research note on Monday, February 9th. Finally, analysts at RBC Capital reiterated an underperform rating and set a GBX 800 ($12.30) price target on shares of Supergroup PLC in a research note on Tuesday, January 27th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. Supergroup PLC presently has a consensus rating of Buy and a consensus target price of GBX 1,029.88 ($15.84).SuperGroup Plc is a fashion retailer offering clothing and accessories. The Company operates in two segments: Retail and Wholesale. Retail segment includes the operation of the United Kingdom, Republic of Ireland and European stores, concessions and all Internet sites. Wholesale includes the ownership of brands, wholesale distribution of own brand products (LON:SGP) worldwide and trade sales.
CFO news Shares in fashion firm Supergroup (SGP) lost 39p to 975p after Chief Financial Officer Shaun Wills was forced to step down from his position due to personal bankruptcy. Nick Wharton, previous CEO of Dunelm Group and CFO of Halfords has been appointed as interim Chief Financial Officer with immediate effect. Supergroup added that trading remains in line with previous guidance and Wills' bankruptcy is wholly unrelated to the financial position of the company. The firm has not had much luck with its finance staff, it having to issue a profits warning in April 2012, partly due to a plus sign being mistaken for a minus sign in management accounts. Wills' departure also comes just two weeks after Susanne Given, Chief Operating Officer, stepped down, allegedly due to internal politics.
Support at 9.71 currently getting tested Showing signs of support at the above level but if it breaks lower then I have 9.15 next support short term
Re: step down as Chief Financial Officer He must have been going through a very difficult time and have been distracted from his day job. I agree with oldjoe though; the replacement looks great. I am not tempted to add but will stick with this one
Re: step down as Chief Financial Officer difficult to understand how this guy could have gone bankrupt, base salary has been £370k, but there for the grace of god go us all
Re: step down as Chief Financial Officer LOOK at his replacement though, as to be a positive.
Re: SGP Broker Update.... 25 Feb 2015 SuperGroup PLC SGP Cantor Fitzgerald Buy 984.75 1,014.00 1,200.00 1,200.00 Reiterates
Re: step down as Chief Financial Officer However innocent the guys circumstances it really reflects poorly on a company to see this happen.Games
step down as Chief Financial Officer 25 February 2015SuperGroup PlcStatement regarding the Board25 February 2015SuperGroup Plc ("SuperGroup" or the "Company" announces that Shaun Wills has had to step down as Chief Financial Officer and a Director of the Company and its subsidiaries with immediate effect. This decision was made upon the Board becoming aware on 24 February 2015 that Shaun was made the subject of a personal bankruptcy order on 10 February 2015. This is a personal matter, on which SuperGroup will not comment further, and is wholly unrelated to the financial position of the Company.Trading remains in line with previous guidance.Nick Wharton, previously CEO of Dunelm Group plc and before that CFO of Halfords Group Plc, has been appointed as interim Chief Financial Officer with immediate effect from today.As indicated in the trading update in January, the Group is holding a Strategy Update on 26 March 2015.For further information:
Re: SGP Broker Update.... <b>Numis Securities Ltd Reiterates Hold Rating for Supergroup PLC (SGP)</b>February 23rd, 2015Supergroup PLC (LON:SGP)s stock had its hold rating reissued by equities research analysts at Numis Securities Ltd in a research note issued to investors on Friday. They currently have a GBX 1,100 ($16.92) price target on the stock. Numis Securities Ltds target price points to a potential upside of 9.02% from the stocks previous close.Shares of Supergroup PLC (LON:SGP) opened at 993.9999 on Friday. Supergroup PLC has a one year low of GBX 750.00 and a one year high of GBX 1749.00. The stocks 50-day moving average is GBX 946.2 and its 200-day moving average is GBX 978.3. The companys market cap is £804.8 million.SGP has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a buy rating and set a GBX 1,000 ($15.38) price target on shares of Supergroup PLC in a research note on Thursday, February 12th. Analysts at Liberum Capital reiterated a buy rating and set a GBX 1,050 ($16.15) price target on shares of Supergroup PLC in a research note on Thursday, February 12th. Analysts at Cantor Fitzgerald Europe raised their price target on shares of Supergroup PLC from GBX 1,000 ($15.38) to GBX 1,200 ($18.46) and gave the company a buy rating in a research note on Monday, February 9th. Finally, analysts at RBC Capital reiterated an underperform rating and set a GBX 800 ($12.30) price target on shares of Supergroup PLC in a research note on Tuesday, January 27th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. Supergroup PLC presently has a consensus rating of Buy and a consensus target price of GBX 1,029.88 ($15.84).SuperGroup Plc is a fashion retailer offering clothing and accessories. The Company operates in two segments: Retail and Wholesale. Retail segment includes the operation of the United Kingdom, Republic of Ireland and European stores, concessions and all Internet sites. Wholesale includes the ownership of brands, wholesale distribution of own brand products (LON:SGP) worldwide and trade sales.
>>LG view Thanks for reply post on SGP.There are getting more and more landmines to try to avoid. Stock picking more important this year and me thinks take more profits along the way. I feel better for some light pruning!GLTA
Re: Screaming leg north towards 18 pounds Hi wokwok wokwok,>>Screaming leg north towards 18 poundsWow, can I have some of the stuff you are on!! I think 18 pounds is a long way off. The next statement needs to be Reassuring that the christmas period has continued otherwise we could have number 3 profit warning.I like the business especially online & overseas and has lots of positives but this is a high beta stock that can move quickly in both directions. Would not be surprised if the SP comes back to 10.00 area to test if any further progress northwards.Some great comments made in SCSW over the weekend on a long term view not reflected in SP.But then again you have LG who did have 3.50 as a stand out if we see further issues. ie despite the weakening Euro and one of the Group's important wholesale customers going into administration.GLTA
Dividend ???????????????? Although this share has been performing for a number years....ok its been a little up & down but profits aren't. Why is there no sign of a dividend ?
Screaming leg north towards 18 pounds imho this is the beginning of a Screaming leg north towards 18 pounds
SGP Broker Update.... 09 Feb 2015 SuperGroup PLC SGP Cantor Fitzgerald Buy 1,050.50 1,021.00 1,000.00 1,200.00 ReiteratesSP TARGET 1200p