SKC - Sky City

[winner69]

Some comfort - cant always be a bottom picker. This will be on the radar for more folk now and i'll be looking hard to find a good entry point.

Seems to be some contradiction in that post Lego

Looking hard to find a good entry point .... don't 'curse your slowness' again .... NOW is the time ..... won't be sub 300 again .... as you say SKC on 'the radar of many folks' which means increasing prices

promise me .... you have another half hour to put that buy order in before close today

It'll be more expensive next week

[minimoke]

and therein lies the reason for the past 2 days of increase in volume and price.

and we have no insider trading in NZ?

[ratkin]

Yes legoman , you may feel as if you have missed out but 2.80 to 3.06 isnt a huge climb. Look at the bigger picture , paying 3.00 or 3.10 is hardly going to make much difference in the long term .
If you believe the mood has changed you better jump in because negative sentiment took this one from 5.00 all the way down to 2.30 , no reason why positive sentiment wont take it most of the way back up during the next year or two

[macduffy]

and we have no insider trading in NZ?

Or at least, no system to detect it.

[moimoi]

Or at least, no system to detect it.

no system that works anyway.

[winner69]

as you say SKC on 'the radar of many folks' which means increasing prices

promise me .... you have another half hour to put that buy order in before close today

It'll be more expensive next week

Legoman .... hope you took advantage of that half hour yestreday ..... the longer you wait the harder it will to find a 'good entry point'

[ratkin]

Where is the price going to settle down at? Can see it inching its way to at least 3.50 before having a rest

[macduffy]

SKC confirm their recovery, announcing NPAT of $115.3m, up 131% on last year's dismal result.

[winner69]

SKC confirm their recovery, announcing NPAT of $115.3m, up 131% on last year's dismal result.

Macduffy - headlines say UP 13% -- upper end of analysts expectations

Presume you have for the $60m writeoff last year of the cinemas

[macduffy]

Macduffy - headlines say UP 13% -- upper end of analysts expectations

Presume you have for the $60m writeoff last year of the cinemas

Yes, the 113% is from the official announcement which regards last year's write off as included in the NPAT number, which of course it is.
Operating profit was in line with expectations, although at the upper end.