SGR 2.02% 48.5¢ the star entertainment group limited

Intangibles to be written down as casino licence is worth a...

  1. 8 Posts.
    lightbulb Created with Sketch. 1
    Intangibles to be written down as casino licence is worth a whole lot less, REITs are now falling in value due to higher interest rates. So SGR property portfolio, while world class, is now worth less.
    This company is shaping up to be a property play with cash flow issues.
    I see on Commsec Book Value is around 350cps and NTA around 180cps.
    It is the cash flow from operations that worries me now.
    I have made some buys at 224, 216 and 196.5
    You learn a lot more about a company once you buy it.





 
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Last
48.5¢
Change
-0.010(2.02%)
Mkt cap ! $1.391B
Open High Low Value Volume
49.5¢ 49.5¢ 47.5¢ $8.502M 17.54M

Buyers (Bids)

No. Vol. Price($)
6 39207 48.0¢
 

Sellers (Offers)

Price($) Vol. No.
48.5¢ 164998 3
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Last trade - 16.10pm 27/08/2024 (20 minute delay) ?
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