Liquidated Super Group

I sold off my stakes in Super Group last week due to the following two reasons:

  1. Stock has become too overvalued according to my calculations
  2. Wanted to liquidate and keep some cash amid all the economic uncertainties
The main reason why I liquidated was to have some cash in hand to buy up companies when Mr. Market throws a huge tantrum. Super Group has been hovering in the ‘overvalued’ region for some time but I didn’t sell until recently. I would have not liquidated, if not for the opportunities that may be presented in the short-term due to any market corrections.
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2 thoughts on “Liquidated Super Group

  1. Hi FFN,

    Care to share how you arrived at your conclusion for over-valuation for Super Group? What was your return in investment for Super Group if you don’t mind sharing?

    Thanks!
    Musicwhiz

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