The Spar Group (JSE: SPP)
Last traded- Open
- R46.92
- Prev Close
- R46.88
- Day High
- R48.01
- Day Low
- R46.56
Key statistics
| Market cap | R9.1B |
|---|---|
| P/E | 26.6 |
| EPS | N/A |
| Div yield | N/A |
| 52W high | R111.82 |
| 52W low | R37.26 |
| Volume | 644K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 50 live member stances recorded by registered members on this page.
What the community is sayingBullish
Investors are pleased with Spar Group's strong performance today, noting the stock's move up to R47.91 after closing at R46.88 yesterday. Discussion centered on the company's fair valuation as a wholesaler benefiting from economic recovery, its dividend payment track record, and whether current levels represent good buying opportunities.
Summarized from 8 posts · updated nightly
@thandi_first_share at 40 you'd want to know why it dropped, not just buy because it's cheaper. could be a real problem or just noise.
Spar's a wholesaler too, not just shops, so when the economy picks up people stock their fridges and the volumes move. At 46.88 it's fair value, nothing cheap but nothing broken either, makes sense to me.
ok so if Spar drops to like 40, is that when I should buy more or is it a warning sign
A dividend is when the company hands part of its profit to whoever owns the shares, like a little thank you for holding them. Spar's paid a few over the years when things went well, so if you owned 100 shares and they paid out 50 cents per share, you'd get R50 in your bank account.
A dividend is literally just the company saying "we made good money, here's your slice" and posting cash straight into your account. Spar does it, and when they announce one via SENS, you get paid per share you own, on the date they set. It's like pocket money from a business you own a piece of.
sorry if this is obvious, but how do you know when to actually sell a share you're holding?
@factcheck_fana yeah man, needed that bounce
@nico_the_analyst yep, needed that after the week we've had.
Retail's been under pressure but Spar's holding up, which says something about their store network.
@jozi_janet ja, tough morning. needs a decent earnings beat to turn this around.