SGR 1.00% 50.5¢ the star entertainment group limited

News: SGR UPDATE 1-Australia's Star Entertainment to put most staff on leave due to coronavirus..., page-7

  1. 5,245 Posts.
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    Well glad I topped up. 20% gain. Still hold.

    Expect 0 dividends. But you’re buying a business below net assets that will just have nil profit for a year. It’ll come back and it’s balance sheet is sound, albeit Cwn’s balance sheet better. If you think the world will never return to normal, then don’t buy this. This isn’t as bad as the Spanish flu... we survived that.

    This is a buy sub $2 if you’re patient.
 
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