SDG 1.48% $2.00 sunland group limited

sun starts to shine again

  1. 17,225 Posts.
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    Holders would be aware of a brutal recent selldown in SDG with no 60x's received yet to identify the perpetrator.

    I nibbled a small parcel on the sell down, as I considered it ST oversold.

    7.5% of issue traded over the last month at an average price of ~$1.30.

    Reasonable 10% rise on 85% of 100 day avg volume today might be an indicator that the bulk of the selling is over.

    Current summary for those not familiar with the stock (from a non-professional mug punter unworthy of posting on HC of course)

    Cap: ~370m, cash: ~110m, likely realizable assets: ~650m (subject to devaluation), debt: ~300m. Net asset to cap percentage 126%.

    PE around 3.5.

    Does anyone know what Forward PE is likely to be?

    NB - DYOR!!
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Mkt cap ! $273.8M
Open High Low Value Volume
$2.03 $2.04 $2.00 $174.5K 87.04K

Buyers (Bids)

No. Vol. Price($)
2 9448 $2.00

Sellers (Offers)

Price($) Vol. No.
$2.01 4924 1
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Last trade - 16.10pm 27/10/2020 (20 minute delay) ?
SDG (ASX) Chart
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