Super Cheap Auto Group
Stock Code
Stock Exchange
Super Cheap Auto Group (SUL) is in the business of retailing automotive parts and accessories, boating, camping and fishing products. SUL operates in Australia and New Zealand. It listed on the ASX on July 6, 2004 and employs over 4,000 people across Australia and New Zealand. The Company operates through Supercheap Auto; BCF Boating, Camping and Fishing; and Goldcross segments. Its Supercheap Auto segment retails and distributes motor vehicle spare parts and accessories, tools and equipment.
Study the dividend history for SUPER CHEAP AUTO GROUP LIMITED. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive SUL dividends if you own the SUPER CHEAP AUTO GROUP LIMITED shares on the ex-dividend date. Traders and investors must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the SUL dividend if you buy the stocks on or after the ex dividend date.
Australian automotive and accessories retailer, Super Cheap Auto Group (ASX:SUL) has said it expected a projected annual net profit of $38 million. The company's profit at the same time last year was $32.1 million, an increase of 18 percent.
Super Cheap Auto Company Results
ABN Amro rates the Super Cheap Auto Group (SUL) stock as a Hold with a share price target of $2.20 and a stock valuation of $2.15 per share. SUL's reported profit of $16.5 million was in line with the stockbroker's forecast. A decent result given the operating environment (high oil prices). The stock broker has decreased forecasts in future years with FY07 lower by 6 percent to 17.8 cents and FY08 lower by 15 percent to 19.9 cents. Macquarie has an Outperform rating on the stock with a share price target of $2.50.
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