Forum Topics SRG SRG ASX Announcements

Pinned straw:

Straw deleted
Clio
Added 11 months ago

@Bear77 - meant to add your 1.67 valuation from a month ago looks spot on.

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Bear77
Added 11 months ago

Thanks @Clio - I just added a straw that explains why David Macgeorge (SRG's MD) and Roger Lee (their CFO) are incentivised to get the share price up in the last week of June each year. If I was holding SRG I would be happier about it, but the short version is that after their half year report is the time to buy them, not in June.

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Bear77
Added 11 months ago

Although based on their share price over the past couple of years - since the end of October 2023 anyway - you'll still make money in SRG even if you do buy in June @Clio - as you have - just perhaps not as much as if you bought in March - but hindsight is a wonderful thing - I only really put the pieces together this arvo - after noticing a bit of a pattern with their contract win announcements.

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