I'm keeping an eye on this stock but I aint buying it yet ..
I read the announcement recently, the rebel stuff inst that great if you look closely
they increase sale by discounting and get rid of old inventory and even then it isn't that huge of an increase....their margin is under pressure, what drive sales when the price is back to normal?
also we have no visibility of last year sales in private hand ... they has to buy time and made the claim look good else it get punished on a massive scale should Rebel
purchase doesn't live up to expectation...the market is already suspecting they over paid for Rebel, all it takes is a sign of weakness and price will get hammer...
on that note it is brave to long SUL.
If it goes back above $6.00 I short it :-) ...upside are low down side is higher....
the bigger you get the more stores you have the harder for you to drive grow...
some analyst are bullish on the stock in the AFR but I am my own man I ain't listen to some analyst.
I'm sticking to until Rebel write off are done and factoring into the price I not willing to jump in.
right now it is safer for me to leave the cash in the account earning 5% and If I was wrong then it is no big deal, there are other stocks I can get..
There is no requirement for me to do anything until everything line up... I'm playing HVN last few months instead..
Deliver better yield, much much lower down side because almost all the bad news has been factor into HVN price plus a decent industrial property portfolio ...
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SUL
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$15.32

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Last
$15.32 |
Change
-0.020(0.13%) |
Mkt cap ! $3.459B |
Open | High | Low | Value | Volume |
$15.34 | $15.37 | $15.20 | $4.862M | 317.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 55 | $15.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.39 | 522 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18 | 16.080 |
2 | 1567 | 15.820 |
1 | 4 | 15.810 |
1 | 1 | 15.400 |
1 | 7 | 15.380 |
Price($) | Vol. | No. |
---|---|---|
14.560 | 82 | 2 |
14.820 | 8 | 1 |
15.350 | 150 | 1 |
15.370 | 780 | 2 |
15.400 | 1660 | 3 |
Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
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SUL (ASX) Chart |