Sun International: An optimistic bet on the return of tourism
30 September 2021 - 08:00
In September 2020 IM mused whether Sun International management had done enough to mitigate the effect that the pandemic and poor economic growth were having on the group’s share price.
IM asked if it was time for investors to place a bet on Sun International despite the group’s high debt levels. It was a winning bet as the share price has rewarded shareholders by returning more than 50% over the one-year period...
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