SUL
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.
Leisure retailer, Super Retail Group (ASX:SUL) have reported its first half financial results to its shareholders and investors.
- Super Retail Group Net Profit $60.61 million, up 73.5 percent from $34.94 million.
- Super Retail Group owns various retail brands including, Super Cheap Auto, BCF, Rebel Sport, Amart, Ray's Outdoor and Goldcross Cycles.
Operator of specialty retail stores in the automotive, tools, leisure and sports, Super Retail Group (ASX:SUL) have released their full year financial results for FY 2012 to the ASX stockmarket.
- Sales up 51 percent to $1.65 billion.
- Net profit, up 50 percent to $83.5 million.
An ex-dividend, Annual General Meeting, a float and two Extraordinary General Meetings are scheduled in the list of activities in the sharemarket on January 9, 2012.
Ex-Dividends
There are no floats but there are a couple of ex-dividends scheduled for tomorrow and there are many companies which have scheduled their Annual General Meeting on Wednesday October 26, 2011.
Annual General Meetings
Here is a list of companies who have scheduled an AGM today:
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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