Weather you like it or not (I'm assuming not because you're a...

Weather you like it or not (I'm assuming not because you're a competitor) Staging Connections is still the largest AV supplier in the Asia Pacific region, by a long shot. STG have over 100 locations, 70 of them being based in high end venues. Any event being held at any of these locations STG would get approximately 80% of the business that came through the doors and of the other 20% they would still make something as there are personnel service fees to ensure that the external suppliers comply with the venues standards. I honestly can't see how STG can not be profitable company as it seems to me they have a license to print money. My conclusion is that the market view on this type of industry is discretionary however, I believe this will change/ is changing due to the fact we as a society become more reliant on technology. Yes, maybe they wont be back to where they where 10 years ago in any hurry, however I do think the SP is totally undervalued.