Showing posts with label feb 17 2015. Show all posts
Showing posts with label feb 17 2015. Show all posts

Tuesday, January 5, 2016

Sky City: Time to Show Your Hand - and Our Money.

Image result for sky city hotel

Nigel Morrison must be in two minds at the moment.

On the one hand we are doing well, on the other he is about to change the look of the company forever.

What is he doing with our money?

I say our money because it is our money.

Shareholders.

Their hand has been pretty much shown in the fact that 1 billion plus has been laid out and the first of the returns from it are about to come in this reporting period of Feb 11 2016.

I was reading the 3 quarters year about revenue and profit in October 2015 (cant remember where but I read it) and I read that Nigel Morrison was "extremely satisfied" with results. That's accountant speak for seriously happy - so were in for a good result.

What well look for is some serious revenue increases in Adelaide, Auckland, Hamilton, Queenstown and perhaps Darwin.

The accompanied figures will be the profits. They must show an increase and a propensity to increase as money is spent (the part I mentioned above - 1 billion).

They should continue to increase from here (with a few ups and downs).

I'm not sure were the additional tables games and slots come into play - they could be there already - so we could just start in the new year.  



Sky City Convention Centre @ Share Investor

VIDEO - Sky City Entertainment Group : Parliamentary Question related to Convention Centre
Sky City to pay for National Convention Centre
Share Investor discusses Convention Centre proposal with CEO Nigel Morrison
Sky City Convention Centre Expansion a Money Loser: Part Two
Sky City Convention Centre Expansion a Money loser
SKC Convention Centre power-point slide illustrations & SKC submission to Auckland City Council

Sky City Entertainment Group @ Share Investor


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Sky City Entertainment Group Ltd: Download full Company analysis
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Discuss SKC @ Share Investor Forum
Download SKC Company Reports






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