Sun International: still an ace short of a royal flush
Sun International is whittling away at its debt and is growing margins, but the shareholder jackpot is still a way off
12 September 2019 - 05:00
Judging by share price movements before and after the release of gaming and leisure group Sun International’s* interim results, it seems the market might be refiguring the odds on the group’s R4bn bet on Time Square Casino in Pretoria.
Near the end of August, Sun’s shares had drifted below R37, but they stretched as high as R45 following the release of the six-month numbers to end-June...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.