Good update ✅👍😎 Thanks. It's good that you make a prediction (and explain the reasons) at the end of this video, rather than just say "who knows what might happen?" like other videos. Proper analysis. 👏💯
The Star Brisbane as is suffers even more from an operational level. I’ve been there a few times and the actual gambling side of things is a total disaster. Terrible service, terrible rules, and floor/pit managers that have basically turned their job into “call surveillance”, making issue resolution take 10x longer than it would in any decent US casino, which pisses off everyone and loses so much volume. Screw their craps table too. 2x odds? Unbelievable
Your counting pennies my friend 😂😂😂 the 3 main owners of star have zero interest of selling out because star is Less than 5% of their net worth . The 2 Asian investors own huge hotel chains and Bruce owns 15% of endeavour they don’t give a shit about short team liquidity issues caused by growth in the asset bases 😂 queens wharf was always going to take years to pay off it’s a 4 billion dollar complex
Because they bet too much to fail. (Or we won't, hopefully. Socialising losses and privatising profits isn't a good way to run an economy, but it's a great way to fundraise for yourself.)
Just out of pure curiosity, what is your day job. Because you come across as someone who is actually very bright and come from a business or corporate background.
Gee. I wonder if this will tank Canadian teachers pension funds? There is always a worthy patsy. PS Where do I subscribe for the eventual carpetbagger play?
I actually hate the star and all casinos. Their new coe saved crown and yea that 750million evaluation doesn’t make sense with the yty loss of 1b on a 10% revenue decline, that loss is down from 2b. That with the sell off seggests short sighted invest confidence and in my opinion, value. Even if the company fails, the assets and property alone is easily worth more than 2-3 billion.
UPDATE Star Entertainment Collapses ?!
Part 3: ua-cam.com/video/7bUUcrVNXMQ/v-deo.html
Good update ✅👍😎 Thanks. It's good that you make a prediction (and explain the reasons) at the end of this video, rather than just say "who knows what might happen?" like other videos. Proper analysis. 👏💯
Honestly you should do a channel on aussie share market... Impressed by your breadth of knowledge!!
No not really, he didn’t come to any decent conclusions. The stock in this cases seems very over sold and under valued.
The Star Brisbane as is suffers even more from an operational level. I’ve been there a few times and the actual gambling side of things is a total disaster. Terrible service, terrible rules, and floor/pit managers that have basically turned their job into “call surveillance”, making issue resolution take 10x longer than it would in any decent US casino, which pisses off everyone and loses so much volume.
Screw their craps table too. 2x odds? Unbelievable
Your counting pennies my friend 😂😂😂 the 3 main owners of star have zero interest of selling out because star is Less than 5% of their net worth . The 2 Asian investors own huge hotel chains and Bruce owns 15% of endeavour they don’t give a shit about short team liquidity issues caused by growth in the asset bases 😂 queens wharf was always going to take years to pay off it’s a 4 billion dollar complex
On the bases of the figures you just quoted, this stock and the company actually seems under valued,
Why the fuck do we the tax payers have to save the casino?
Because they bet too much to fail.
(Or we won't, hopefully. Socialising losses and privatising profits isn't a good way to run an economy, but it's a great way to fundraise for yourself.)
Just out of pure curiosity, what is your day job. Because you come across as someone who is actually very bright and come from a business or corporate background.
He reminds me of Better Call Saul ... 😎👍✅ Bob Odenkirk
Just looked him up, he's a nuclear strategist and political analyst! No wonder so switched on!
Gee. I wonder if this will tank Canadian teachers pension funds? There is always a worthy patsy. PS Where do I subscribe for the eventual carpetbagger play?
PPS - your read on corporate and board hires is Delphic.
I actually hate the star and all casinos. Their new coe saved crown and yea that 750million evaluation doesn’t make sense with the yty loss of 1b on a 10% revenue decline, that loss is down from 2b. That with the sell off seggests short sighted invest confidence and in my opinion, value. Even if the company fails, the assets and property alone is easily worth more than 2-3 billion.