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Thread: SKC - Sky City

  1. #791
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by Balance View Post

    good to see sky being good responsible entity lets hope other businesses follow there lead
    one step ahead of the herd

  2. #792
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    Has anyone been to the Auckland Casino before Coronavirus and since? How much less busy do you think it is? How much more staff than normal are doing nothing?

    I can't see any big discounts on the hotel bookings on websites

  3. #793
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    Quote Originally Posted by frostyboy View Post
    Has anyone been to the Auckland Casino before Coronavirus and since? How much less busy do you think it is? How much more staff than normal are doing nothing?

    I can't see any big discounts on the hotel bookings on websites
    About the same number of people. Gamblers don't wear masks either.

  4. #794
    Speedy Az winner69's Avatar
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    Gloomy outlook from Sky City

    FY20 normalised npat about $85m

    Essentially means losing money at the moment

    How long will this last?
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #795
    Legend Balance's Avatar
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    Quote Originally Posted by winner69 View Post
    Gloomy outlook from Sky City

    FY20 normalised npat about $85m

    Essentially means losing money at the moment

    How long will this last?
    HY was $75m so yes, losing money at present.

  6. #796
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    Quote Originally Posted by Balance View Post
    HY was $75m so yes, losing money at present.
    That's not surprising and clearly it is going to get worse. But really, they are starting to look over sold. I'm holding but not buying yet as this is going to impact them for quite a while.

  7. #797
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    I sold mine with a bit of a capital loss in the mid $3s.
    Was looking to buy back in when there was a 2 as a first number.
    Looks like I'll be able to wait for a 1...…..

  8. #798
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    Quote Originally Posted by Grimy View Post
    I sold mine with a bit of a capital loss in the mid $3s.
    Was looking to buy back in when there was a 2 as a first number.
    Looks like I'll be able to wait for a 1...…..
    When to buy is a hard question. Long term, I think they are a safe, if unspectacular, company - not likely to go bust and not likely to excel. Covid-19 is a significant short-term hit but should provide buying opportunities for long term holders.

  9. #799
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    Quote Originally Posted by Grimy View Post
    I sold mine with a bit of a capital loss in the mid $3s.
    Was looking to buy back in when there was a 2 as a first number.
    Looks like I'll be able to wait for a 1...…..
    And there we are!
    Still not buying. I think the numbers behind the 1 will go quite a bit lower. But certainly on my watchlist.

  10. #800
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    $1.70.
    I have to keep adjusting my buy price down-hardly getting a chance to write down a new number!

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