SVH
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0.00% $4.52 silver heritage group limited

tiger palace resort is making a loss, now they lose Phoenix....

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  1. htran7528
    2,938 Posts.
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    01/03/19
    16:00
    Post #: 37623275
    tiger palace resort is making a loss, now they lose Phoenix. Which was their only profit making casino, subsidising tiger palace. 

    even if they now sell tiger palace, no one is going to pay full price for a loss making casino. 

    they've got heaps of debt, with interest rate at more than 10%

    This stock is not going to survive..  what a tragedy,  people actually pay 40 cents less than 3 years ago for this stock. if trading ever resume.. we will be lucky to get $0.002 per share.  in 2 years time, the bond will convert at $0.001 diluting everyone to nothing... such tragedy.
    SVH Price at posting: 1.0¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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