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Thread: SKC - Sky City

  1. 01-06-2016, 10:44 AM #441
    tango
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    I took up the bonus shares.

    Does anyone know when will they be allocated? Do they show up in our account on the 2nd of June?
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  2. 01-06-2016, 11:03 AM #442
    Big Blind
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    Quote Originally Posted by tango View Post
    I took up the bonus shares.

    Does anyone know when will they be allocated? Do they show up in our account on the 2nd of June?
    Looks like shares allotted on 10th June. See p4 in this link

    https://www.nzx.com/files/attachments/235187.pdf
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  3. 01-06-2016, 11:05 AM #443
    macduffy
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    Not a bonus issue. I had to pay for mine!

    Shares to be allotted 9 June. Trading to commence 10 June.
    Last edited by macduffy; 01-06-2016 at 11:07 AM.
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  4. 01-06-2016, 11:13 AM #444
    tango
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    Thanks everyone! I missed that bit

    Yep you're right macduffy - I worded that wrong...
    Still the price is below market so I'm happy to have a small gain
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  5. 10-08-2016, 10:15 AM #445
    pierre
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    Annual result is out and it appears the market thinks a 13% increase in NPAT is not enough.

    Bit of a worry for the reporting season if that applies to all companies on the NZX!
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  6. 10-08-2016, 10:31 AM #446
    sb9
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    Quote Originally Posted by pierre View Post
    Annual result is out and it appears the market thinks a 13% increase in NPAT is not enough.

    Bit of a worry for the reporting season if that applies to all companies on the NZX!
    Sure, that's the big conundrum of expectation vs actual. And the way things are going on NZX of late if not all most of stocks either fully priced in or close to. Will be interesting to see when other big ones start reporting later this week or next week.

    Sorry to be bit off topic, I know this is SKC thread.
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  7. 10-08-2016, 11:49 AM #447
    pierre
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    Quote Originally Posted by sb9 View Post
    Sure, that's the big conundrum of expectation vs actual.
    SKC now down 26 points! If that occurred after a 13% lift in NPAT, what kind of result do you think the market was actually expecting?
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  8. 10-08-2016, 11:51 AM #448
    Balance
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    Quote Originally Posted by pierre View Post
    SKC now down 26 points! If that occurred after a 13% lift in NPAT, what kind of result do you think the market was actually expecting?
    Mr Morrison getting rid of rest of his shares?
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  9. 10-08-2016, 12:06 PM #449
    sb9
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    Quote Originally Posted by pierre View Post
    SKC now down 26 points! If that occurred after a 13% lift in NPAT, what kind of result do you think the market was actually expecting?
    I'm afraid couldn't answer that question as I don't own any SKC shares nor do I follow their numbers. However, my comments were more along overall market sentiment not just SKC. Another anecdotal evidence can be found in the way PGW price moved before and after the result.

    I guess Balance has a more valid point from his post earlier re SKC.
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  10. 10-08-2016, 01:53 PM #450
    macduffy
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    I wouldn't be too concerned, SKC has risen from around $4.40 at the end of July! A classic case of over-expectations!
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