SSI Group, Inc. (SSI) was incorporated in 2007 under the name Casual Clothing Specialist, Inc. The company was engaged primarily in brand management and specialty retailing of established international brands.
On August 29, 2014, Casual Clothing changed its company name to SSI.
Market Cap: PHP 6.1 billion
Sector: Services
Subsector: Retail
Earnings Highlights:
- Revenues remained flat at PHP 18.46 billion in 2017 versus 2016
- The company earned a net income of PHP 275.26 million last 2017
Subsidiary: Stores Specialist Inc.
SSI has announced today that it entered into a Development and License Agreement with NYSE-listed firm Shake Shack Inc. The goal is to operate Shake Shack restaurants in the Philippines by spring 2019. This will be the pioneer Shake Shack in Southeast Asia.
Shake Shack is a modern-day roadside burger chain. The company is known for its 100-percent all-natural Angus beef burgers, flat-top Vienna beef dogs, crinkle cut fries, chicken sandwiches, fresh-spun custard, craft beer, wine and more.
The menu will feature Shake Shack’s ShackBurger, Shake-cago Dog, crinkle-cut fries, beer, wine, and frozen custard ice cream.
On June 18, 2018, SSI also declared cash dividends amounting to PHP 0.013 per share, payable on August 1, 2018.
For the first quarter of 2018, SSI generated net sales of PHP 4.6 billion, higher by 7.8 percent versus the same period last year. The group saw strong top-line and same-store performance from its casual, fast fashion, luxury, and bridge categories.
Moreover, the company also benefited from a strong consumer demand because of the recently implemented TRAIN law. This is still despite the intense competitive environment, which resulted in a decline in total selling space by 7.4 percent.
Currently, SSI has 626 stores covering 126,575 square metres. This, however, is 10,090 square meters or 7.4 percent lower versus last year.
The group opened ten new stores covering approximately 435 square meters. On the other hand, it closed 22 stores covering about 3,346 square meters.
SSI’s brand portfolio was composed of 108 brands, with no brands added or discontinued during the quarter.
Net income for the quarter amounted to PHP 132.90 million, which was 1.50 percent lower than the recorded PHP 134.90 million for the same period last year.
SSI rallied sharply today as news came out about the partnership with Shake Shack. Price breached the 15 EMA and 20 SMA but was stopped by the 50 SMA which is acting as resistance.
Volume supported the rally. MACD is bullish. RSI is bullish and is currently at neutral levels. Support is estimated at 1.82 while resistance is expected at 2.08.
Volume
As of July 18, 2018, at 03:30 PM, the volume of SSI is 777.78% of the previous trading day.
Remember the correlation between price and volume.
- bullish price + high volume = high sustainability (price)
- bullish price + low volume = low sustainability (price)
- bearish price + high volume = high sustainability (price)
- bearish price + low volume = low sustainability (price)
Risk Level
SSI has a MODERATE RISK level due to its risk percentage of 41.90%.
Foreign Fund Flow
SSI registered a Net Foreign Selling worth P36,324,060.00 as of July 18, 2018.
On a 30-day trading period, SSI is on a Net Foreign Selling worth PHP37,532,150.00.
Top 10 Players’ Sentiment
Trading participants of SSI with a 100% Buying and Selling Activity as of Jul-18-2018 at 03:30 PM:
13 out of 75 participants or 17.33% of all participants registered a 100% BUYING activity
11 out of 75 participants or 14.67% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 2.0075
Top 10 Players’ Selling Average: 2.0212
The psychological average price of the top 10 players as of Jul-18-2018 is from 2.0075 to 2.0212.
What Is the Importance of Knowing the Top 10 Players’ Sentiment?
You need to know the psychological average price of the top 10 brokers who have traded a specific stock within a specific time period.
You need to know the buying average of the top 10 brokers who have traded a specific stock within a specific time period.
You need to know the selling average of the top 10 brokers who have traded a specific stock within a specific time period.
You need to know how many brokers, out of all the brokers who have traded a specific stock within a specific time period, registered a 100% buying activity.
You need to know how many brokers, out of all the brokers who have traded a specific stock within a specific time period, registered a 100% selling activity.
The buying and selling averages of the top 10 brokers are a sneak preview of the range of their collective average price.
If you know the psychological average price of the top 10 brokers who have traded a stock, you can calculate in your mind how much more can they probably afford to hold, relative to their collective risk tolerance, should the stock’s price go south.
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Not only do we tell them which stocks to buy and when to sell, but we also update them every day about what happened to each stock that we recommend.
We save our customers a lot of time and heartache.
We show them our data-driven basis so they know what we know.
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When you ask our customers why they buy the stocks that we recommend, you better get your pen and paper handy.
They will not answer, “Because I was told to buy it.”
They will narrate our data-driven basis like how we narrated the summary of our analysis in this article.
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Read this article if you want to become a better investor, too.
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