SKC - Sky City

[BRICKS]

THERE an hour clipped them for $400 then the floor walkers start following me around eyes everywhere they hate to loose if they do that for $400 what would they do for $4000 any way its about the same size of a medium Sydney Club would not attract big rollers at all so not much going for them, But they are the only game in town..

Parking they charge to get out bet the suckers that loose would love that plus it was FULL
after hassle to get in it was 10.30am morning rush probable the workers cars, well $$ stuffed it in the wallet and headed back to the ROTORUA Workers Club..

@ $3 bucks not enough DIV to make it an ATTRACTION..

[Snoopy]

Hello from Adelaide :-)

I am over here checking out Sky City's problem child. Saturday night and the gaming tables seemed largely full, with the slot machines probably around 75% ultilised. It wasn't a bad night so no excuse for the facilities not to be well used. The restaurants certainly were and doing a good trade around 9pm.

Friday the previous night was much quieter. Pokie machine utilisation only 50%. The smoking lounge was not that well used so perhaps the smoking ban is having an effect?

SNOOPY

[BRICKS]

Hello from Adelaide :-)

I am over here checking out Sky City's problem child. Saturday night and the gaming tables seemed largely full, with the slot machines probably around 75% ultilised. It wasn't a bad night so no exscuse for the facilities not to be well used. The restaurants ceratinly were and doing a good trade around 9pm.

Friday the previous night was much quieter. Pokie machine utilisation only 50%. The smoking lounge was not that well used so perhaps the smoking ban is having an effect?

SNOOPY

GOOD work Snoopy enjoy yourself but tell us would you invest more at current prices, So try a gamble and let us KNOW.. GOOD LUCK..

[CAM]

Chief Executive Update - Confirmation of FY08 Profit Guidance - Standard and Poor's Investment Grade Rating (BBB-, Stable Outlook) - Debt Profile Update

http://www.directbroking.co.nz/direc...spx?id=1991220

[BRICKS]

THERE forecast is out but the Div is still to low for this market with all its woes this is an income market high prices are OUT.. SKC to head DOWN..

[Dr_Who]

I will look at buying some SKC shares when they replace the CEO with someone who has a vision and strategy to grow existing casino, reduce debt and sell the cinemas.

[BRICKS]

I will look at buying some SKC shares when they replace the CEO with someone who has a vision and strategy to grow existing casino, reduce debt and sell the cinemas.

YOU have told me before let me know when you go something new and FACT..

[AJ]

Whats the divy likely to be then? 10c

To make 21c for the year? $110M * 90% / 472M shares

10c is about 6.6% pa on the current share price. Not as flash as you'd hope after quite a large drop in price already.

[BRICKS]

Whats the divy likely to be then? 10c

To make 21c for the year? $110M * 90% / 472M shares

10c is about 6.6% pa on the current share price. Not as flash as you'd hope after quite a large drop in price already.

YOUR right a big drop and 24 P/E has been well overpriced but to say not many companies to choose from on the NZX still you don't have to pay through the NOSE..

[BRICKS]

WELL will the $2.92 bottom price SKC be broken this week money in the market seems to be drying up for all stocks while they talk about inflation the base interest rate the Reserve Bank will not drop, until that happens the market will SLIDE..