SGI 4.17% 23.0¢ stealth group holdings ltd

Ann: Change in substantial holding - EGP Capital, page-12

  1. 3,974 Posts.
    lightbulb Created with Sketch. 418
    After reading EGP capital note, I have a better understanding of the situation :
    - the difference with today's situation : "3 main suppliers who currently directly supply > 50 independant stores [to move] in the SGI "buying group" with the revenue instead being directed via SGI ",
    - the interest for the 3 parties involved : " this aims to create a win/win/win situation, whereby the suppliers get to deal with a single customer, of more secure financial status rather than >50 micro stores, the stores likewise consolidate more of their buying through a single store and SGI get to add scale...".

    So, to get these 60 m$ additional revenues in FY 25, SGI needs to convince these > 50 independant stores to buy through SGI, rather than directly to their existing suppliers.
    I wonder at what stage they are now in these negotiations.
 
watchlist Created with Sketch. Add SGI (ASX) to my watchlist
(20min delay)
Last
23.0¢
Change
-0.010(4.17%)
Mkt cap ! $23.21M
Open High Low Value Volume
23.5¢ 23.5¢ 23.0¢ $4.242K 18.11K

Buyers (Bids)

No. Vol. Price($)
4 60917 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 37914 1
View Market Depth
Last trade - 16.10pm 17/05/2024 (20 minute delay) ?
SGI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.