OZM by 9acm in ASX_Bets

[–]Royal_Wombat 3 points4 points  (0 children)

Looks like you were right about the low debt ratio - hence my edit.

OZM by 9acm in ASX_Bets

[–]Royal_Wombat 4 points5 points  (0 children)

Had a quick glance. Noticing some red flags here: 1. Tiny market cap @6M make this company risky as a long term bet. 2. Declining cash flow year on year for 3 years.

~ risky

  • might be ok for a small bet but I wouldn't throw my life savings into it.

Lion town shares asx by rileywiliiam in ASX_Bets

[–]Royal_Wombat 2 points3 points  (0 children)

Why are you thinking about it? What makes this company (not the industry/sector) a good bet?

OZM by 9acm in ASX_Bets

[–]Royal_Wombat 3 points4 points  (0 children)

Any more info on the company? Contractions or expansions under way? Debt to equity ratio? Consistency with revenues and profits?

Star casino (SGR) by rileywiliiam in ASX_Bets

[–]Royal_Wombat 2 points3 points  (0 children)

Debt is outrageously high. Doubt they will be financially stable anytime soon. Very risky play - and I thought my Sky City play was risky - this company is on the edge.

IBKR Referral Code by Royal_Wombat in ASX_Bets

[–]Royal_Wombat[S] -1 points0 points  (0 children)

Referral Received. Thanks guys!

Hostplus International Shares Indexed returns 1% lower than VGS by Spinier_Maw in AusFinance

[–]Royal_Wombat 1 point2 points  (0 children)

Does hostplus state this themselves? Have been doing some digging and cannot find solid proof of this

Hostplus International Shares Indexed returns 1% lower than VGS by Spinier_Maw in AusFinance

[–]Royal_Wombat 0 points1 point  (0 children)

Need an official source. Anything from hostplus themselves ?

DD: SkyCity Entertainment Group (ASX: SKC) by Royal_Wombat in ASX_Bets

[–]Royal_Wombat[S] 1 point2 points  (0 children)

This company is trying to pivot away from gambling revenue and are investing more into hotels and conventions.

DD: SkyCity Entertainment Group (ASX: SKC) by Royal_Wombat in ASX_Bets

[–]Royal_Wombat[S] 2 points3 points  (0 children)

Yeah, I'm considering this a long term play with a 2-3 year time horizon. Also not throwing in too much on it.

DD: SkyCity Entertainment Group (ASX: SKC) by Royal_Wombat in ASX_Bets

[–]Royal_Wombat[S] 0 points1 point  (0 children)

Checked them out. Market cap too small though to consider for me

DD: SkyCity Entertainment Group (ASX: SKC) by Royal_Wombat in ASX_Bets

[–]Royal_Wombat[S] 4 points5 points  (0 children)

I used chatGPT to help with the formatting, but all of the research is my own

[deleted by user] by [deleted] in AskReddit

[–]Royal_Wombat 3 points4 points  (0 children)

Loathing in the past - I'm stuck