27/08/2024 09:59

Super Retail Group (SUL) $18.16

SUL rallied another +1.6% on Monday, posting a fresh all-time high ahead of its 87c fully franked dividend on September 9th. This payout includes a 37c dividend and 50c Special dividend, both 100% franked, which equates to $1.24 inclusive of franking i.e. an 8.9% return on our $13.97 buy price for the Active Income Portfolio, purchased less than 4 months ago.

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22/08/2024 16:47

Super Retail Group (SUL) $17.70

SUL +6.24% result rallied to fresh all-time highs after the retailer delivered a strong trading update, including a dividend payout above expectations.

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01/08/2024 09:36

JB Hi-Fi (JBH) v Super Retail Group (SUL)

JBH surged +4.3% following yesterday's CPI as investors focused on rate cuts rather than increases, posting fresh all-time highs just a few days after UBS put out a sell recommendation on the stock! We have been targeting the $70-75 for JBH since we went long into sector selling in May. There are a couple of thoughts here:

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23/07/2024 09:27

Super Retail Group Ltd (SUL) $14.72

We compared SUL to JBH last week, and the simple conclusion was that we remain bullish towards both stocks. SUL screens cheaply compared to its more expensive peers, but that’s for good reason after they implied some margin pressure at their last update. We don’t expect SUL to beat the streets' expectations when they report in August, but that can create an opportunity when expectations are low.

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18/07/2024 09:49

Super Retail Group (SUL) v JB Hi-Fi (JBH)

On Wednesday, two of our retail stocks delivered the best and worst performances in the sector: Super Retail Group (SUL) +2.4% and JB Hi-Fi (JBH) -0.5 %. Interestingly, so far in 2024, JBH has advanced to new all-time highs, while SUL has fallen ~15% from its February high. The question that crossed our mind is whether we will likely see further reversion between these two into Christmas.

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15/05/2024 09:11

Super Retail (SUL) $13.51

We bought SUL week, and straight off the bat, we’re down on the position - have we made a mistake? At Market Matters, we put a lot of emphasis on not only what to buy but when to buy it. If we had our time over again, we would have waited till after the retailers had presented at the Macquarie conference, but alas, we’re now owners of the retailer responsible for brands such as SuperCheap Auto, BCF, Rebel and MacPac. That said, we think buying SUL into weakness makes total sense, and we remain comfortable with our position.

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09/05/2024 17:01

Retailers under the pump today…

A tough day for the majority of discretionary retailers with JB Hi-Fi (JBH) -4.54%, Super Retail (SUL) -5.45%, Temple & Webster (TPW) -17.91%, Baby Bunting (BBN) -23.42%, Premier Investments (PMV) -3.42%, Harvey Norman (HVN) -3.84%, Lovisa (LOV) -0.93% and Nick Scali (NCK) -4.54% all getting sold off

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07/05/2024 09:54

Active Income Portfolio – Amendments

We are making several changes to the Income Portfolio Today

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22/02/2024 17:16

Super Retail Group (SUL) $15.71

SUL -5.78%: Shares were hit today despite a stronger than expected 1H result, slightly ahead of prior guidance driven by lower corporate costs and Auto. However, they said like-for-like sales momentum slowed toward the end of the period, with the trend continuing in the second half

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15/01/2024 16:42

Super Retail Group (SUL) $16.71

SUL +5.69%: retailers continue to defy pressure in the consumer space to post largely positive updates, today’s solid trading update came from Supercheap Auto owner Super Retail Group (SUL).

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