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21.5¢ the star entertainment group limited

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Abouttime789

985 Posts.

143

22/08/23

19:47

Post #: 69486685
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Originally posted by CbrMaroon: ↑

Yes, some useful points there.

Re Coles and its sp shellacking today. According to one analyst, the market was spooked by the extent of the "trade loss", or in our jargon, in -house thefts, nearing 20% (?) and the necessity to invest in the roll out of high cost technology and AI to combat these increasing negatives for the bottom line.

As to gambling, never had much time for "gambling held up in recessions" and so on." Just a reheated cliche by brokers and the spivs to encourage a fall-back option for any easy $ in gambling stocks.

Am not opposed to responsible gambling (increasing regulation now part of the architecture), but it seems to have escaped the current SGR Board. In fact, I am most surprised even disappointed as to the degree some posters have ignored the failings of the previous Boards, despite awarding themselves huge bonuses and such. See link below as an example. Was a SGR holder at the time and communicated my opinions to them on several matters impacting on the business.

https://www.asgam.com/index.php/2020/10/23/star-entertainment-group-chairman-defends-executive-bonus-payments-amidst-covid-19-pressures/

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did you even read the website you linked?

equity incetives are not direct cash bonuses

SGR Price at posting: 97.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 21.5¢		Change -0.005(2.27%)		Mkt cap ! $616.7M

Open	High	Low	Value	Volume
22.5¢	22.5¢	21.0¢	$4.558M	21.07M

Buyers (Bids)

No.	Vol.	Price($)
4	5066950	21.5¢

Sellers (Offers)

Price($)	Vol.	No.
22.0¢	1782643	15

View Market Depth

No.	Vol.	Price($)
4	5066950	0.215
88	4293612	0.210
82	3609249	0.205
183	11190485	0.200
31	1550592	0.195

Price($)	Vol.	No.
0.220	1782643	15
0.225	1884275	17
0.230	1924809	25
0.235	1586352	13
0.240	1501545	29

Last trade - 16.10pm 07/11/2024 (20 minute delay)

SGR (ASX) Chart