Skyline

[percy]

I was wondering when the 'money laundering disease', or at least the suspicion of it, was going to hit Skyline, after it has been through all of the other 'down under' listed casinos. I see Skyline last traded at $16 per share, with offer bids today at $15.40. I can't remember what those share prices look like relative to the medium term past. It is a real pity that the charting facility seems to have been lost in the more recent USX platform upgrade.

But on the surface a share trading at $16 on a PE of 88.89, based on last years earnings of 18cps doesn't sound cheap......

SNOOPY

Click onto Trade History.
Then you will have the prices to do your own chart.

[Walter]

I was wondering when the 'money laundering disease', or at least the suspicion of it, was going to hit Skyline, after it has been through all of the other 'down under' listed casinos. I see Skyline last traded at $16 per share, with offer bids today at $15.40. I can't remember what those share prices look like relative to the medium term past. It is a real pity that the charting facility seems to have been lost in the more recent USX platform upgrade.

But on the surface a share trading at $16 on a PE of 88.89, based on last years earnings of 18cps doesn't sound cheap......

SNOOPY

Trading about NTA, 7 times operating 2024 cashflow and a PE of 10 on 2023 earnings. Large tax liabilities and asset write downs distorted 2024 after tax profits. 2025 earnings may see the PE below 10 - AML fines dependent.