Friday, May 6, 2011

Sky City Entertainment Group Ltd: Presentation to Macquarie Australia Conference

Sky City Entertainment Group Ltd [SKC.NZX] shareholders and prospective investors might want to check out the presentation done by management to the Macquarie Australia Conference on 6 May 2011.

There has been alot of broker interest and spruiking of the company over the last week with a new broker report out this week and a number of stories about the Christchurch Casino and the possible full sale of that to SKC.


The report presented today is just one of those things companies do to drum up more interest in institutional circles to get investors, via brokers and others to invest in their business.

This report is very optimistic about the long term future for the company although it does contain plans to spend alot of money on redevelopment of at least three of its properties in order to drive revenue and hopefully more profit.

Have a look but take it in which the spirit is intended, that is, a positive spin for investors to plunk more money down on the table.


Disc  I own SKC shares in the Share Investor Portfolio


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