16/04/2025 09:43

Super Retail Group (SUL) $12.72

SUL is one position held in the MM portfolios which has been under pressure in 2025, with the stock down 16.2% year-to-date, worse than the broad markets' 4.9% decline.

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20/02/2025 17:26

Super Retail Group (SUL) $14.17

SUL –12.48%: Not a super result from SUL, though a better trading update for the first 7 weeks of 2025 should have provided some support for the stock.  

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18/02/2025 09:34

Super Retail Group Ltd (SUL) $16.53

SUL reports on Thursday and will need to do a better job than last October when the stock plunged ~20% after the retailer’s trading update was a touch soft, showing growth had decelerated mildly relative to the update they provided in August; not ideal after the stock had surged ~50% in a few months.

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06/12/2024 09:38

Active Growth Portfolio – Amendments

We are making several changes to the Active Growth Portfolio today

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04/12/2024 09:38

Super Retail Group Ltd (SUL) $14.78

As the operator of BCF, Supercheap Auto, Rebel and Macpac SUL is a company MM has covered several  times in recent months, but as we hold no retail exposure in our Active Growth Portfolio, it’s a sector we’re watching closely.

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07/11/2024 09:32

GPT Group (GPT) into Super Retail Group (SUL)

GPT Group (GPT) – again, this property name is unlikely to outperform the market while the risks of sticky inflation, at best, remain elevated in the US and potentially at home.

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06/11/2024 09:17

Super Retail Group (SUL) $14.33

SUL has been in an earnings upgrade cycle since September 2022, with FY25 consensus earnings per share (EPS) estimates moving from 89c to $1.09 by September of 2024. Earnings moving higher justifies a higher PE and the stock price moved from ~$8 to above $18.

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30/10/2024 09:26

Super Retail Group Ltd (SUL) $14.81

Retailer SUL, which has Macpac, Rebel, Super Cheap Auto & BCF in its stable, has experienced a tough few weeks, with its share price correcting over 20% in just a month, hitting 11-week lows on significant volume. We put this pullback down to two main reasons;

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09/10/2024 09:29

Super Retail (SUL) $18.09

SUL has been a strong contributor to returns in the Income Portfolio, having bought in May below $14, while we’ve also taken a nice dividend of ~$1.24 inclusive of franking, putting the position up nearly 40%. Straight after we bought SUL, we were down almost 10%, prompting us to ask at the time (here), have we made a mistake? Our thesis has ultimately played out, and the position has done well.

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19/09/2024 09:21

Super Retail Group Ltd (SUL) $17.63

We have owned SUL since May, and the position is currently up around 35%. As we’ve discussed in previous reports, we have no plans to take profits on SUL around $18.

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