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Re: [sharechat] SKY CITY

From:	"Ben Dutton" <bendutton@sharechat.co.nz>
Date:	Thu, 27 Jul 2000 14:55:29 +1200

Oliver:

Sky City seem to be making all the right bets with their investments (excuse the pun :)

Their investment into Canbet is a good start on developing an Internet strategy (an essential move for any casino) and they still have a great divided yield to boot - was hovering around 10.3% last time I looked.

I think that there could be some more upside in this company yet - and if not, well, you've still got some good income from the dividends.

Benjamin Dutton :)

(disc. do not hold SKC).

----- Original Message -----

From: Oliver Shapleski

To: sharechat@sharechat.co.nz

Sent: Wednesday, July 26, 2000 11:53 PM

Subject: [sharechat] SKY CITY

Anyone have any views on the potential of SKC? It's had an extremely good run since the instalment receipts were transferred (hehe, so's CNZ - an interesting point to note in future?), but when will it end? I recall analysts have rated it at around the $9 mark for a while - does anyone know of a revaluation based on the Adelaide casion and CanBet investments?

OS

References

[sharechat] SKY CITY Oliver Shapleski

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