SXL 4.81% 49.5¢ southern cross media group limited

testing 20c soon, page-236

  1. 1,002 Posts.
    lightbulb Created with Sketch. 339
    OK....RDC Redcape - Own 36 pubs Mainly in high gaming areas like Western Sydney. $1.10 normal trading - zero income until Last Monday. Jobkeeper keeping cash burn down.

    Have a look at the historical gaming revenues during times of stimulus. In at 70c and out at 90c was the play. A much easier and more likely 25% gain than SXL as it has no new shares and stimulus is likely to increase normalised revenues, social distancing will not have an effect because pubs have spent the last 9 weeks reconfiguring and distancing their machines.....will march to 90 and may even test recent highs if the first lot of results show above forecast earnings......out if Covid spikes in NSW
 
watchlist Created with Sketch. Add SXL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.