SGR property portfolio is worth a decent amount of money. I've factored my valuation based on a surprise $500 million fine payable over 10 years.
Just the property at Queen Wharf Brisbane, which has taken 8 years to make, and has dodged recession cost hikes for the most part, is worth $1.8 Billion on Star's book. This is before hidden value, which is an addback to the valuation.
If private equity wants to make a large profit, they should be bidding $3 billion for Star right now. And if they believe Star can't make $200 million a year in cashflow profits, with all the new properties coming online, then they are out of their minds.
SGR Shorts Position dropping, page-61
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Last
48.0¢ |
Change
0.005(1.05%) |
Mkt cap ! $1.376B | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.8¢ | 47.0¢ | $3.470M | 7.231M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 76466 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 161103 | 7 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
48.5¢ |
Change
0.005 ( 1.76 %) |
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| Open | High | Low | Volume | ||
| 47.8¢ | 48.8¢ | 47.3¢ | 2027107 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| SGR (ASX) Chart |