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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Performance update for March, stocks that drove returns & our current positioning
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Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
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Market Matters Research Lead Shawn Hickman with David Koch
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Wednesday 24th April – DOW +263pts, SPI +27pts
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MM is neutral SKC around $3.
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Performance update for March, stocks that drove returns & our current positioning
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Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
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Market Matters Research Lead Shawn Hickman with David Koch
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Wednesday 24th April – DOW +263pts, SPI +27pts
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