Gaming and entertainment operator SKC looks very similar to SGR, its trading ~20% below its pre-COVID levels. In February it delivered its half-year result which showed an almost 38% drop off in revenue, we might all be raring to go back out and have fun but again SKC feels like its priced on the optimistic side to me.
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Buy Hold Sell: The best and worst performers of FY25
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Friday 27th June – ASX +13pts, REH, BOE, IFL
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Friday 27th June – Dow up +404pts, SPI up +51pts
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MM is neutral SKC around $3.
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