SUPER trade ideas
SUPER growth TP: 1.30-1.40SUPER ENERGY recently increased its total capacity by over 30% with a Solar Farm in Vietnam (550MW), this should drive revenues and future profits proportionally. In the short term, some pressure from a strong Thai Baht. Technically it looks good, cannot fault. Strong resistance at 1.10 and strong support at 1.00-1.05. Long if it breaks through 1.10.
ROE > 15%, (16%) and Last year is 14.62, two year ago 7.90.81 is resistance for Quarter and Monthly also day
But volume buy still good
If this break the resistance, 1.20 is next
However
This quarter, Q1 was gain special profit in term of accountant as provide a loan to foreigner company plus high volatility in Thai Baht weakening that make the summary seems better than it should to.
Actual profit from commerce just gaining around 4% but currency exchange rate is disturbing the financial statement in this Quarter to make it look like to gain 70% compare with previous year Q1.