SKC - Sky City

[NZSilver]

Yeh I read it - basically says star/perpetual(owns 9.5%) saying nothing's happening on their end. I've heard that before though

[Balance]

Yeh I read it - basically says star/perpetual(owns 9.5%) saying nothing's happening on their end. I've heard that before though

No smoke without fire.

Hardly expect them to say anything else - they must be already extremely annoyed word leaked out which has resulted in Sky City's sp going higher.

[NZSilver]

Yep to right, what are the current price targets on SKC?

[winner69]

Yep to right, what are the current price targets on SKC?

Some as high as $5.30

[BlackCross]

I see SKY (UK) have received a bid approach... http://uk.reuters.com/article/us-sky...-idUKKBN13Y20M

[RGR367]

I see SKY (UK) have received a bid approach... http://uk.reuters.com/article/us-sky...-idUKKBN13Y20M

Wrong thread BC. You misread SKC to be the SKY TV thread

[winner69]

Lots of money being made from punters (many who probably are living a life of misery because of this)

Reduced dividend might upset some shareholders who support this outfit.

https://www.nzx.com/files/attachments/252577.pdf

[carrom74]

SKC on fire....Out from it's lows...I suppose the market liked the way Skycity got its profit pretty close YOY despite a sizable drop from its International business of high rollers...Adelaide and Darwin are still a worry

[Out to lunch]

Good they changed their payout policy, in the years ahead P+L is not going to be similar to cash flow due to the huge capitalised interest. Will also need to adjust my forecasted P/E ratio calculations accordingly.
AKL still the jewel and associated concentration risk will need to be included in a price valuation. Also I note some hints around CNY performing well for the 3 months to March 17 which could have influenced the price as well today.

[sb9]

What's with big crossing of 35ml shares @4.05 a piece this morning?