SGR property portfolio is worth a decent amount of money. I've factored my valuation based on a surprise $500 million fine payable over 10 years.
Just the property at Queen Wharf Brisbane, which has taken 8 years to make, and has dodged recession cost hikes for the most part, is worth $1.8 Billion on Star's book. This is before hidden value, which is an addback to the valuation.
If private equity wants to make a large profit, they should be bidding $3 billion for Star right now. And if they believe Star can't make $200 million a year in cashflow profits, with all the new properties coming online, then they are out of their minds.
SGR Shorts Position dropping, page-61
-
- There are more pages in this discussion • 96 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
48.0¢ |
Change
0.015(3.23%) |
Mkt cap ! $1.348B | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 46.0¢ | $5.760M | 12.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 590847 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 1263096 | 84 |
View Market Depth
| Last trade - 12.16pm 26/06/2024 (20 minute delay) ? |
| SGR (ASX) Chart |