STL 0.00% $1.90 stargroup limited

Hi folks Funny how we see SP as a measure of company progress or...

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  1. 15,774 Posts.
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    Hi folks
    Funny how we see SP as a measure of company progress or health . A stock this small gets driven up and down by us . We all got excited when it spiked a few months ago and we didn't talk about profit etc . It was going to 5 and 7 c we all said. Now it's fallen back and everything is an issue ,
    Performance shares, SI buying even though many like me where shareholders and supporters .
    Now I agree revenue growth isn't the right measure and earnings and cash flow are more important but what is lost in this discussion is that STL has been an a growth acquisition phase and these actions have signifiant short term costs such as legal fees, lending fees etc . I think this year 17/18 will show the earnings of the business and I think the stock will rerate accordingly
 
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