Sun International: Betting on turnaround — and Time Square
Sun’s core casino operations in SA are faring as well as can be expected in the tighter trading conditions
02 July 2019 - 12:00
In early 2015 the share price of gaming and leisure giant Sun International was trading above R130, and its robust market rating reflected the market’s contention that casino operations were capable of spinning good cash flows even in leaner times.
At the time of writing Sun’s share price was drifting close to the R50 mark...
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