SKC 0.74% $1.34 skycity entertainment group limited

I think a opportunity as the recent analyst call -"Sky City is...

  1. 484 Posts.
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    I think a opportunity as the recent analyst call -
    "Sky City is at the end of quite a large capital reinvestment program to drive earnings growth from here" -has been held back from the unexpected Regulatory challenges. of late 2023' as respected investors took long positions
    Australian Super. 19/9/23. - 11.08%
    Sumitomo Mitsui. 30/6/23. - 9.33%
    Allen Grey 27/10/23 - 11.75%
    Investors Mutual 3 /4/23. - 6.29%
    Yarra Management. 29/4/23. - 6.08%

    With Star under the microscope with TO activity and their completion of capital reinvestment (Queens Wharf) and the demolition and rebuild of the Mirage Casino announced by Hard Rock this week etc - my point is that that being a "Consumer Cyclical" - sector ,these institutions know when to recapilise for the turnaround in earnings and Syy City looks a solid near to long term investment with growing dividends, one would expect IMHO
 
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Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
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