Australia's largest stock trading and investment forum Australia's #1 stock forum

STL

Click for more information

0.00%

$1.90 stargroup limited

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-27

First 27 Last

Share
Profile

Follow
rattle

4,142 Posts.

178

25/07/17

13:49

Post #: 26064453
Share

Originally posted by Autosime ↑

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

Expand

There are ATM,s now spread all over Australia. These have to be serviced/maintained requiring armoured vehicles with driver and offsider just to mention one expense beside legal fees, lending fees etc.

STL Price at posting: 2.3¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ASX Market Open: Bessent hype, Lebanon ceasefire hopes push Aus markets higher | November 26, 2024

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 34 more messages in this thread...

First 27 Last

Add STL (ASX) to my watchlist