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2.38% 20.5¢ the star entertainment group limited

Ann: Queen's Wharf Brisbane Casino Licence Granted-SGR.AX, page-4

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  1. CaptainBarnacles
    7,719 Posts.
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    17/10/16
    12:10
    Post #: 19906022
    Really?
    I shorted SGR - might be talking my own book - but wouldn't Chinese visitors supply 10 to 25% of total revenues? And now they might not be able to have representatives / facilitators in China. And isn't there a big period of investing taking place significantly on the back of Chinese VIPs? Might be Wile-e-coyote style investments and expansions now. I suspect there will be very little facilitating of credit and cash transfers happening from now on with the risk of 10 years prison.

    Anyway - we will soon see what happens.
    Last edited by CaptainBarnacles: 17/10/16
    SGR Price at posting: $5.47 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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