I couldn't agree more. I'm buying any drops to lower...

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ohl85

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128

10/07/20

18:15

Post #: 45787371
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Originally posted by agencyman: ↑

I came across this report from Goldman Sachs in Reddit. The PDF basically goes into detail if you had to demolish all the malls and also take a hit on the current land valuation, the current stock price for SCG would still be 10% under what you would make back in the sale of the land. Thought might be of interest to some holders here.

I've been bullish on SCG since the March crash and have added to my position several times, currently holding 55,000 shares, and will be adding more. There is an obvious risk with retail and malls at the moment, but with high liquidity, and from what's been reported mall visits are 86% of what they were same time last year, and reports from friends/family and other members here of how things look at their local Westfield, being busy, how can you lose out on this long term?

Also I think the current dip is likely associated with Victoria going back into lock down, but that only makes up 15% of SCG's income.

https://cdn-api.markitdigital.com/apiman-gateway/CommSec/commsec-node-api/1.0/event/document/2748-04677bd23e324850a0a9f5092a48848d-1/pdf?access_token=WTo7lqjizZyE1VoVtRZFUoHtZl3k

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I couldn't agree more. I'm buying any drops to lower my cost position but just means I have to wait a bit to collect.

SCG Price at posting: $2.12 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $3.75		Change -0.010(0.27%)		Mkt cap ! $19.50B

Open	High	Low	Value	Volume
$3.76	$3.77	$3.74	$26.02M	7.045M

Buyers (Bids)

No.	Vol.	Price($)
19	61839	$3.75

Sellers (Offers)

Price($)	Vol.	No.
$3.76	43399	33

View Market Depth

No.	Vol.	Price($)
33	77050	3.740
13	128063	3.730
13	103268	3.720
11	31063	3.710
6	26527	3.700

Price($)	Vol.	No.
3.750	32523	21
3.760	74431	27
3.770	114820	17
3.780	35902	13
3.790	93653	13

Last trade - 10.55am 18/07/2025 (20 minute delay)

SCG (ASX) Chart

I couldn't agree more. I'm buying any drops to lower...

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I couldn&apos;t agree more. I&apos;m buying any drops to lower...

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I couldn't agree more. I'm buying any drops to lower...