Share Investor: SKC

Showing posts with label SKC. Show all posts

Saturday, March 27, 2021

Share Investor's 2021 Stock Picks ;)

Normally i clear my mind and focus on next year.

This year, like 2020, i choose to go another way.

It has kind of run its course and ill tell you why if you be so kind to listen.

What is a stock pick but really an advert for yourself to pick whatever you want based on various methods.

I don't want to do that anymore, I see it as not helpful at all.

I would rather you pick the stock based on what you have learnt either through me or some other means - your "own" stock picks if you like.

I realize during this #covid19 period, it will be tricky to pick good long term winners.

BUT perhaps you can do the picking for once and i will listen - as i always do - intently.

I also got 6 of my 7 "might haves" right. The NZ dollar WILL weaken at some stage.

How will all my stocks do?

Well they did well this year. Pilling on about 30%.

But don't get me wrong next year is a little bit more harder to predict - so i wont.

Except to say they are basically all over priced, due to there being little else for investors to pick over they are picking over what is already there for income.

But that's what you expect to see during this truly horrid period of Govt largesse.

Next year we will see more of the same but a different year - 2021.

Addendum: I have to add 2 stocks to my portfolio. 2 stocks I have not owned before. Spark and Scales. Spark because they have that 5g thing which probably will take off this year and while you wait you will get paid over 5% pa.

Scales because they have the package. Conservatively run www.scalescorporation.co.nz and on sale at the moment. AND there's rumours of Scales being the front runner for Villa Maria wines.

Love as always to Sophia & Jacks 💓

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c Share Investor 2021

Tuesday, December 17, 2019

Share Investor's 2020 Stock Picks ;)

We have cut back on expense for next years "pick".

Welcome back to the stock picking monkey for 2020's.

This years picking is a little diff in that there will be no stock picks.

It has kind of run its course and ill tell you why if you be so kind to listen.

What is a stock pick but really an advert for yourself to pick whatever you want based on various methods.

I don't want to do that anymore, I see it as not helpful at all.

I would rather you pick the stock based on what you have learnt either through me or some other means.

The following para is an addendum.

Except perhaps one stock - ill let you do the research - which I see as highly undervalued and that is where perhaps stock pickers come into their own picking undervalued stocks. I am going to pick one. Sky City Entertainment. It is ripe for the picking. Anything that you can buy at less than $4 is a steal. Hope I picked well Cameron Boyd ;0

So let me finish this year by thanking everyone for joining up at Share Investor and Ill finish on about what might happen next year.

I see President Trump playing a big part in many portfolios - surprise, surprise.

I see the NZ dollar weaken.

I see bull markets to continue based on what we know so far and other indicators that are too numerous to mention.

I see interest rates drift lower (see above)

I see oil start to rise.

Gold the same.

Property in Auckland - rise. (Any monkey can pick that!)

Love as always to Sophia & Jacks 💓

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c Share Investor 2019

Thursday, January 17, 2019

Sky City: Buy

Sky City Entertainment is a strong buy at the moment.

Going down to $3.41c last week, its currently trading at $3.61c today.

It may go below the 52 week low of $3.41c it reached last week but if you want to load up on this stock before it sets records in 2020 you better get in now.

Reporting its profit result on the 14th Feb.

Sky City Entertainment Group @ Share Investor

Sky City: Turmoil in Market Brings Bargains

Saturday, November 24, 2018

Sky Tower: Sophia's Tour

Tuesday, October 30, 2018

Sky City: Turmoil in Market Brings Bargains.

Thursday, March 1, 2018

Sky City Casino: Time to buy; Again

c Share Investor 2018

c Share Investor 2018

Thursday, February 15, 2018

SKYCITY signals legal fight over NZICC delay

This explains the stoush between Sky City & Fletcher Building over FBUs failure to finish the Convention Centre on time. Go here for the full article.

Paul Yandall

09/02/2018 From Tourismticker

SKYCITY has signalled a probable legal fight with contractor Fletcher Construction over the delay to the completion of the New Zealand International Convention Centre (NZICC).

In its interim results released today, SKYCITY said the delivery date of mid-2019 of the NZICC and Hobson Street hotel projects would be six months after the contracted date of January that year. That is double the initial three month delay announced last year.

SKYCITY chief executive Graeme Stephens told the Ticker this morning his company was entitled to claim damages because of the delay, which he had always considered to be six months.

“We are flagging that now because we are getting to the phase of the construction where the end is in sight,” he said.

“Nothing is currently happening but we are flagging the liquidated damages that we are entitled to and, simultaneously, Fletchers, which would be likely to challenge our ability to claim them.”

In its interim results, SKYCITY said: “We remain comfortable with our contractual arrangements, which provide for liquidated damages that should mitigate our losses through delay, but legal challenges from Fletcher Construction are possible.”

Stephens added he wanted to be transparent about the possibility of legal action as “there is going to be some degree of claiming and counterclaiming when we get to the end”.

The delay followed ructions at Fletcher Construction last year, which saw its share price plunge in July after a profit downgrade and the immediate departure of its chief executive, Mark Adamson.

SKYCITY said today it had noted a “positive change” over the past six months in the construction of its two projects with Fletchers.

“The overall programme is well advanced with the core of the Hobson Street hotel now up to the eighth floor (of thirteen) and the slab for the final floor in the NZICC nearing completion,” said the company.

“Overall, we expect our investment in the projects to be in-line with our original budget. We continue to escalate our sales and marketing efforts to confirm the pipeline of convention bookings and, pleasingly, we have secured six major international conferences for 2020.”

c Share Investor 2018

c Share Investor 2018

Thursday, February 1, 2018

What do you Really Mean by buy now?

It just came to me that since I have been offering up buys and sells for a 5th of my life on this ere blog that I explain what I mean when I say you should really think about purchasing/investing this share soon.

Basically I see a share as a unit of storage. That is a storage of income to either add back to your portfolio or add to your pocket.

The cheaper you can get that storage for the better.

I have 7 stocks in my basic portfolio some of them were bought with the purpose of income - SKC, CEN & HLG - and some were bought for increasing DIVs and capital gain AIA,FPH,MFT & RYM. Currently they are all doing what they should, the 3 former are all reasonably low in share price and the 4 latter are all relatively expensive.

Once again I will not sell no matter what happens - I will only sell when something material happens with each specific company.

So the indicator there for today's market is that you tred very carefully before you purchase a share/company.

Likewise when I give an indication of what to buy in a down market, I think i tends to be a little less cautious about price - because your simply getting the storage for a lot less than you get it in an up market so its silly to quibble over a few cents.

Why not give an indication to buy only during a stock market downturn?

Well I do as a general rule I have bought anything substantial since 2012. I do however see value in specific shares during the ups and the downs. I buy these. I have bought a number of shares since 2012 but I have never held them with the intention of holding them long term.

Having said that there are 2 shares that I have bought - CEN and HLG - that I did buy between 2012 and 2014 that I have held and I didn't intend to keep them at all, except perhaps CEN a little bit - always liked this share since I first bought it in 1998 for $3.10.

What i'm saying is you need to be flexible especially now a days things are changing so fast.

AND you can do this all yourself.

All it takes is half an hour each day to do some reading - my blog esp - and your set.

Go for it.

www.shareinvestorforum.com

c Share Investor 2018

Share Investor

Saturday, March 27, 2021

Share Investor's 2021 Stock Picks ;)

Tuesday, December 17, 2019

Share Investor's 2020 Stock Picks ;)

Thursday, January 17, 2019

Sky City: Buy

Saturday, November 24, 2018

Sky Tower: Sophia's Tour

Tuesday, October 30, 2018

Sky City: Turmoil in Market Brings Bargains.

Thursday, March 1, 2018

Sky City Casino: Time to buy; Again

Thursday, February 15, 2018

SKYCITY signals legal fight over NZICC delay

Thursday, February 1, 2018

What do you Really Mean by buy now?

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