Not Much Fun In Leisure; Ardent Leisure Undervalued While Event Hospitality Worth Monitoring
Leisure companies under our coverage endured a torrid reporting season, with average fiscal 2017 first-half EBITDA fall of 15% from a year ago. The...
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Surfstitch: 2016 Annual Report Reveals Payments to Justin Cameron and Mark Storey on Departure
Surfstitch Group Ltd (SRF), reported a net loss of A$154.7 mln for FY16. A major part of it was due to an impairment of goodwill, intangibles,...
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Surfstitch Group: Can Gadens Gather Enough Evidence For A Class Action?
After already destroying more than 85% of investors' wealth so far in 2016, Surfstitch Group Ltd is not yet able to strike the right notes.In...
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Surfstitch Group: Is A Further Impairment Of Goodwill Inevitable Now?
2016 has so far turned out to be a nightmare for the investors of Surfstitch Group Ltd (SRF). First, it reported a below par earnings for H1 and...
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Surfstitch - Reading The Waves
As covered by Vaibhav, the latest 2H16 update today resulted in a massive drop in share price > 50%. My analysis will discuss points of concern...
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