SGR 0.00% 21.0¢ the star entertainment group limited

Ann: H1 FY24 Results Presentation, page-49

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    See extract from the AFR article of 29 February 2024.

    Hope the SGR cheer squad are still with it. Waiting for some of the vocal uprampers/spruikers (a mostly modest lot) to post their much-touted skills in research and analysis. Not holding our collective breaths waiting, of course.

    Star’s market capitalisation has shrunk by more than $2.7 billion – to $1.3 billion – since the start of the first Bell inquiry. Still, the Sydney casino has been lucrative, with gaming revenues of $838.9 million last year. Brokers at MST Marquee estimate Star’s Sydney casino could be worth about $1.3 billion.
 
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