Quote Originally Posted by D_Pick View Post
Anyone follow Skyline Enterprises?

If you do what valuation would you give these shares?

Since their lows in April 2009 SKYLINE has risen by circa 50%, plus paid dividends on top. Not a bad return.

Have had a go on their Rotorua luge which was good fun.
I have never owned any Skyline shares as they have a minimum holding of 4,000 shares,and each time I have looked at they I have not been prepared to start off with that much money in them.The company is very well run and has allways positioned itself very well in Queenstown commercial property.The main driving force is Barry Thomas who is very astute.The market cap is $203mil,the PE ratio is 8.1 with div yield of 4.7%.They last traded at $6.02 with year low of $4.95 and year high of $6.11,so are trading at near the year high.