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Thread: SKC - Sky City

  1. #1131
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    Quote Originally Posted by mikelee View Post
    I wonder if SKC can really afford to pay a dividend, especially with AKL in lock down for a month at least. Perhaps online gambling is doing extremely well? Still, I doubt that gambling alone can offset heavy loss from its hospitality wing.
    Of course they can, dividend is approximately 33% of last year's EPS.

  2. #1132
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    Money in the bank today, great to have SKC back to paying out dividends again.

  3. #1133
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    Quote Originally Posted by Norwest View Post
    Money in the bank today, great to have SKC back to paying out dividends again.
    Yes, nice to see resumption of dividends and long it may continue.

  4. #1134
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    Surprised this hasnt taken a beating. Back at 3 soon?

  5. #1135
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    SKC a good covid recovery stock. Along with EVO.

  6. #1136
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    With Auckland turning into a leaky managed isolation city a few more big cluster outbreaks and a lower 3 handle is likely.

    a lot of business in retail and hospo will be bobbing about water logged.

    Auckland needed to do a Dubrovnik.
    Last edited by Waltzing; 04-10-2021 at 10:21 AM.

  7. #1137
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    No, going the wrong way. Its going up....

  8. #1138
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    Rob Campbell stepping down as Chairman and Director of SKC in "early 2022".

    I think Rob is a fantastic Director and it will be sad to see him depart from SKC. Let's hope they get an equally good replacement.

  9. #1139
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    I was wondering why SKC's sp fell sharply on opening today. I thought it had something to do with the annoucement of Chairman's retirement.....but

    Star Entertainment: Shares fall on money laundering claim - BBC News

  10. #1140
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    Quote Originally Posted by mayday View Post
    I was wondering why SKC's sp fell sharply on opening today. I thought it had something to do with the annoucement of Chairman's retirement.....but

    Star Entertainment: Shares fall on money laundering claim - BBC News
    Sky City owned up that their processes dealing with the high rollers weren’t up to scratch

    Casino operators squeaky clean …..rather paradoxical
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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