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

Picked up more SPG at R20.12 after that morning dip, reckoning the logistics outfit's got room to run given fuel headwinds are easing and the dividend yield's still decent for the sector.

SPG up 3.80% to R19.65 today, decent recovery after the recent weakness but I'd need to see it break above R20 with some volume before getting too excited about the trend.

SPG holding R19.65, R20 is right there waiting

SPG bouncing around R19.65 like a minibus taxi on the N1, but the fleet rental and logistics side still grinding. Reckon if they hold the R20 level and keep utilization rates up, there's something there for patient money. Big dogs dont cook they eat, and SPG's been keeping the trucks moving through load-shedding chaos when half the economy's sitting still.

interesting numbers on spg's logistics side, fwiw the fleet utilisation metrics have been solid even with load-shedding headwinds. worth noting they're still trading below r20 which feels soft given the rental division's recovery trajectory. could be wrong but the vehicle finance book looks healthier than it was 18 months ago, so there's upside if they can keep costs down through the downcycle.

SPG's been beaten down but the logistics side is actually picking up volume, which matters when rand weakness hits imports. Load-shedding is killing margins short term but fleet rental clients aren't going anywhere. Long-term view hasn't changed, sitting above R19.65 is fine for me, rates are probably done hiking anyway.

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.

Good morning everyone. Worth reading [LINK]

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.

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