SGR 6.90% 27.0¢ the star entertainment group limited

Ann: Trading Update, Cost Initiatives & Sydney Strategic Review, page-396

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  1. 1,973 Posts.
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    So SGR has 2.7b in net tangible assets with a market cap of 1.7b

    So SP to be just on NTA is $1.5~ and thats not including the price of a gaming license in all subsequent states it holds them in (yes yes suspended but still)

    So how is this not a $2 SP in the next 12 months

    baffles me really - in it for the long hold, lets go $2.5
 
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