Super Group (JSE: SPG) share price, discussion & sentiment

SPG getting squeezed at R17.94, fleet ops still solid

SPG closing at R17.94 is actually decent given the transport space is brutal right now. Their fleet rental side keeps the lights on but logistics margins are getting squeezed, fuel costs are killing everyone. If they can actually grow that vehicle rental book without bleeding cash on logistics deals, reckon this could run back to the mid 20s. Not sexy but solid long term if you can stomach the volatility.

Reading the latest results, fleet utilization holding up better than expected

fleet utilisation numbers have been solid but do you think the rental side can actually grow revenue when corporates are still cutting costs. could be wrong but margin expansion alone won't carry it to R25

SPG down less than a percent today, which is pretty tame given the broader market noise, so I'm not reading much into it at this stage.

Good Morning Everyone, SPG closed at R17.30 yesterday. Fleet utilization across the rental division sitting around 85% last quarter, decent for logistics headwinds we've seen. Vehicle replacement cycle coming through next 18 months should lift margins if fuel stabilizes. Decent dividend history too if you're holding for income.

SPG at R17.30 is still cheap considering the logistics tailwinds in SA and the fleet management upside they haven't even monetized properly yet. Balance sheet is solid, revenue growing, and once load-shedding chaos forces corporates to outsource their transport this thing runs. People worried about the macro are missing the structural play here.

Good morning everyone. Worth reading [LINK]

SPG closed at R17.30, stuck in that range for weeks now. Fleet rental and logistics play should benefit when the economy picks up but earnings have been flat. Comparable transport stocks like Barloworld trade on better multiples, worth watching if SPG can show actual growth again. Long term thesis is solid if they can cut costs through load-shedding chaos.

SPG holding R1600 on modest momentum suggests the market is pricing in incremental value rather than conviction. Until we see ROIC expansion above 12% or FCF yield improving from current levels, this moves like a show-me trade for me.

SPG getting hammered 4% today while the broader market yawns. Anyone checking whether this is genuine deterioration in fleet utilization rates or just institutional portfolio rebalancing ahead of month-end? The valuation looked stretched at R1650 anyway, but I'm curious what trig

SPG closing at R1600 today with that 2.70% pop, but has anyone dissected the latest SENS filing on their fuel hedging positions. I'm trying to establish whether this bounce is momentum off improved logistics volumes or if there's some off-balance sheet covenant relief happening t

Everyone's pumped about SPG up 1.55% but I'm wondering if the logistics space is getting ahead of itself with rising fuel costs eating into margins. Am I missing something or should we be more cautious here?

SPG dropping 1.76% today but the daily chart shows it's holding above the 200-day moving average better than most industrials peers. Compared to Grindrod Shipping or Datatec, SPG's price action remains relatively composed without those dramatic reversals we've seen elsewhere in t

SPG trading down 1.97% but I'm curious if anyone's tracking their dividend trajectory here - the fuel distribution model should generate consistent cash, so the question is whether management maintains payout discipline or if this dip presents a reasonable entry point for dividen

SPG trading at R1608 on a down day while the broader industrials sector grapples with logistics headwinds, but the outfit's diversified footprint across fuel, food, and convenience retail gives it better resilience than pure-play transport logistics plays like Grindrod Shipping o

Super Group's valuation at R1650 remains anchored to near-term earnings headwinds rather than the structural advantages embedded in its logistics and fuel distribution networks across Southern Africa. With the yield curve still pricing terminal rates above 8.5% in real terms, SPG

Super Group's logistics and fuel distribution footprint across Southern Africa presents structural tailwinds, but I'm concerned about the sustainability of current margin expansion given the cyclicality of fuel spreads, currency volatility impacting dollar-denominated debt servic

SPG down 1.53% today but the logistics play still trades at reasonable multiples given the freight volumes moving through SA ports. Question is whether earnings growth can keep pace with the valuation at these levels.

SPG down 2.24% to R1699 while Grindrod Shipping's up on container demand tailwinds - logistics plays moving in opposite directions today. Super Group's exposure to used vehicle sales feels more defensive when freight gets nervous.