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  1. #4821
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    Not too sure what the market was expecting, but SKT's Market cap is nearly $300m, and maybe, if we cross our fingers, next year it will make a bit of money? ($10-$20m)... forward PE of 15-30x? I mean in this market that isn't too bad, but given SKT's huge structural challenges moving forward, I'm not sure if is even worth a double digit PE.

  2. #4822
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    I suspect market will sell down 13c or even lower. Happy to be proven otherwise.

  3. #4823
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    Quote Originally Posted by winner69 View Post
    Hi clown .....you chuckles mate?

    All we need now is Sparky the Clown to rejoin the thread
    I have no mates

  4. #4824
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    Are we expecting some carnage today

  5. #4825
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    Outlook is better than what was initially flagged. So wouldn't be suprised if the share price goes up...

  6. #4826
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    Quote Originally Posted by Quantitative Easing View Post
    Outlook is better than what was initially flagged. So wouldn't be suprised if the share price goes up...
    Retail investors will go with the headline of 157m loss. If anything there will be a sell down until ASX opens ......

  7. #4827
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    I'm holding. Why would you sell now? Covid vaccine, Olympics, bigger profit. I might reconsider when Sky hits 34c as per Macquarie's guidance.

  8. #4828
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    I don't know what the gloom is about. Definate turn around.

  9. #4829
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    Quote Originally Posted by Quantitative Easing View Post
    Outlook is better than what was initially flagged. So wouldn't be suprised if the share price goes up...
    Was about what I expected, perhaps a little better, wouldn't be surprised if it stays the same....

  10. #4830
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    Quote Originally Posted by trader_jackson View Post
    Not too sure what the market was expecting, but SKT's Market cap is nearly $300m, and maybe, if we cross our fingers, next year it will make a bit of money? ($10-$20m)... forward PE of 15-30x? I mean in this market that isn't too bad, but given SKT's huge structural challenges moving forward, I'm not sure if is even worth a double digit PE.
    ...and by saying SKY brand not worth as much as they had in the books book value now not that much higher than market cap
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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